The Bank of Korea (BOK) announced it will launch live CBDC transactions with nine commercial banks in September, marking a major milestone in the country’s digital currency development.
Brazil’s securities regulator (CVM) has established a task force with a 60-day deadline to submit a tokenization regulatory framework proposal for the country’s central bank digital currency.
Core Summary The European Central Bank (ECB) announced it has selected 36 payment providers to participate in a digital euro pilot project, including major financial institutions such as Deutsche Bank and Revolut. The pilot will begin in late 2027 and run for one year, testing the digital euro in online, offline, in-store, and e-commerce payments. Details The ECB stated on July 14 that the pilot will test a beta version of the digital euro, with ECB and national central bank staff serving as the first users. This marks a substantive step for Europe in the central bank digital currency (CBDC) space. The pilot will cover multiple payment scenarios, aiming to assess the technical feasibility, user experience, and impact on existing payment systems of the digital euro. ...
Core Summary The South Korean government has unveiled its blockchain economy roadmap for the second half of 2026, with key initiatives including accelerated legislation of the “Digital Asset Basic Act” and advancement of a central bank digital currency (CBDC) project linked to government bond tokenization. This marks a significant step forward for South Korea in cryptocurrency regulation and digital currency innovation. Event Details According to The Block, the South Korean government plans to advance a series of blockchain economy policies in the second half of the year. Most notable is the legislative process for the “Digital Asset Basic Act,” which will provide a clearer regulatory framework for the cryptocurrency market. ...
Core Summary The US Senate passed a comprehensive housing supply bill with an overwhelming 85-5 vote. The legislation aims to lower housing costs and restrict Wall Street investors from purchasing single-family homes, while notably including a provision that bans the Federal Reserve or any federal agency from issuing a central bank digital currency (CBDC) or similar digital assets through the end of 2030. Event Details According to The Washington Post and The Block, the Housing Supply Act received broad bipartisan support. Key provisions include: ...