A clause in a U.S. housing bill would bar the Federal Reserve from offering a consumer-facing digital dollar until 2030, delaying any retail CBDC rollout. The measure represents a legislative rebuke to CBDC proponents and could reshape the policy timetable.
The Senate-backed housing package includes a ban on a U.S. central bank digital currency and has secured White House support, marking a rare bipartisan consensus. Lawmakers say the move strengthens privacy and limits federal involvement in retail digital currency design.
Rwanda's central bank has launched a 12‑month pilot for a central bank digital currency after completing a successful proof of concept in late 2025. The pilot will assess technical, operational and regulatory readiness ahead of any wider rollout.
Moscow’s executive head announced that authorities will start testing a digital ruble in test mode soon, alongside a new law that legalizes cryptocurrencies while imposing strict controls on their use.
EU authorities are advancing plans for a digital euro with a likely launch in 2029, aiming to compete with stablecoins and global card networks. The move could reshape payments, cut fees, and reinforce European financial sovereignty.
Bundesbank chief and ECB Governing Council member Joachim Nagel said a wholesale CBDC and euro‑pegged stablecoins could bolster the euro and help reduce global dollar dependence. He framed both tools as complementary in strengthening Europe’s monetary sovereignty.
A senior European Central Bank policymaker warned that implementing a digital euro could shave €4–6 billion off European banks’ revenues over a four-year rollout. The estimate underscores potential disruption to bank business models as policymakers design the retail CBDC.
Billionaire hedge fund founder Ray Dalio warned governments are promoting central bank digital currencies not just for efficiency but to expand control and surveillance. His remarks add a high-profile voice to global concerns as CBDC pilots accelerate.
The Bank of England has partnered with Chainlink to pilot atomic settlement between central bank money and tokenized assets, testing oracle-driven finality across ledgers. The trials aim to assess instant, atomic transfers that could cut settlement risk and support wider tokenization.
The European Parliament on Tuesday endorsed the European Council’s negotiating position for a digital euro that can operate both online and offline. The vote represents the Parliament’s first significant approval and moves the project closer to inter-institutional talks on a central bank digital currency.