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U.S. House Committee Publishes Draft Stablecoin Bill; CME to Add New Crypto Offerings

The U.S. House Financial Services Committee published a draft version of a potential landmark stablecoin bill, with proposals including a moratorium on stablecoins backed by other cryptocurrencies and a request to study a central bank digital currency (CBDC). Separately, derivatives marketplace Chicago Mercantile Exchange (CME) is adding to its cryptocurrency offerings with daily expirations for bitcoin (BTC) and ether (ETH) futures options contracts.

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Центральний банк Чорногорії тестуватиме CBDC за допомогою Ripple

Центральний банк визначить практичне застосування цифрової валюти та розробить дизайн для імітації її обігу.

Montenegro  (Сергей Петров/Pixabay)

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India Stepping Up CBDC Testing, Targeting One Million Digital Rupee Users By July

India's retail central bank digital currency (CBDC-R) architects are aiming to scale the user base of the digital rupee to one million users and have prioritized solving the challenge of creating an offline version, two people familiar with the matter told CoinDesk. "The Hash" panel discusses the latest in India's retail and wholesale CBDC pilots.

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Індія націлена на ONE мільйон користувачів CBDC за три місяці, пріоритет офлайн-переказів: джерела

Близько 100 000 користувачів взяли участь у пілотному проекті цифрової валюти центрального банку країни з моменту його запуску в грудні.

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

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ANZ Bank завершує торгівлю вуглецевими кредитами в рамках пілотного проекту CBDC в Австралії

ANZ співпрацює з Grollo Carbon Ventures для торгівлі австралійськими вуглецевими кредитними одиницями (ACCU).

Parliament house, Canberra, Australia. (Unsplash)

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CBDCs Will Be a 'Trojan Horse': Citi's Future of Finance Global Head

In a recent report, Citi analysts suggest that the next influx of crypto adoption will be primarily driven by the rise of central bank digital currencies (CBDCs). Ronit Ghose, Future of Finance Global Head at Citi, discusses the report saying, "we think CBDCs will be a trojan horse, it will be coming from the side or backdoor."

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Citi's Future of Finance Global Head Addresses Future of CBDCs

A recent report from Citi speaks to the promised potential of blockchain and central bank digital currencies (CBDCs), and how it will be measured in "billions of users and trillions of dollars." Citi Future of Finance Global Head Ronit Ghose discusses the future of CBDCs and digital finance, explaining why CBDCs are "going to be a Trojan horse."

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How U.S. Lawmakers View the Future of Crypto

Recently, Sen. Ted Cruz (R-Texas) introduced a bill aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC. The effort by the Texas senator adds to a similar state-level measure proposed earlier this month by Florida Gov. Ron DeSantis. CoinDesk Senior Research Analyst George Kaloudis breaks down how U.S. political parties might align on crypto.

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ОАЕ оприлюднили стратегію CBDC, перший етап якої буде завершено до середини 2024 року

Очікується, що перший етап цифрового дирхама буде завершено протягом наступних 12-15 місяців.

Crypto.com has moved closer to getting a license to operate in Dubai. (Kent Tupas/Unsplash)