Topic
A digital form of a central bank's fiat currency, used for retail payments or wholesale interbank settlement, unlike private cryptocurrencies.
Eurozone businesses must accept the digital euro by 2029, a free payment option aimed at the 47% of card payment value that Visa and Mastercard process. Adyen, a pilot member, says merchant demand is still thin, so the networks are likelier to feel it in their fees before their share.
Reality
The Securities and Futures Commission is drafting a digital-asset licensing regime alongside the upgrade, and the Hong Kong dollar stablecoin already in circulation totalled 522,000 tokens on August 19.
Reality
A speech the BIS published on September 15 puts the Pontes settlement link live this month, Appia's market integration in 2028 and a possible first digital euro issuance in 2029, with the legislation that date depends on due by late this year.
Reality
Binance spent about 18 months on its Greek MiCA file and withdrew it on June 24, a week before the deadline, after Greek officials had already told ESMA the regulator intended to approve.
Reality
Cloture on H.R. 3633 failed 49-50 on Sept. 15 with every yes vote Republican. Add the four Republican noes back to the yes column and the count reaches 53, still seven short of the 60 the Senate requires.
Reality
SEBI and the Reserve Bank of India now have 10.25 billion rupees of corporate debt live on a permissioned ledger settled in wholesale digital rupees, with the depositories holding the private keys and 23 investors holding the bonds.
Reality
Ping An, Bank of Shanghai and Bank of Hangzhou join a list that has gone from 10 to 30 in a year. Beijing is buying distribution it could not win on product.
Perspective Coverage
4 publishersReality
The People Power Party's leader says he opposes a central bank digital currency until safeguards are written into law. The July expansion of Project Hangang cleared through the Financial Services Commission.
Reality
Demat 2.0 settled REC, L&T and IIFL paper against the wholesale digital rupee on the day of bidding, with the same ISINs, coupons and ratings the bonds would have carried anyway.
Reality
Hyun Song Shin says he sees room for the won-dollar rate to fall further. He also sizes Korea's up-to-$20bn-a-year US investment pledge at 4.7 per cent of $427bn in reserves, a comparison meant to show that the flow is one the country can absorb.
Reality
Named telecoms and marketplaces begin taking the state's digital ruble on September 1, and a phased law makes acceptance compulsory by 2028, while paying with crypto stays illegal.
Reality
Russia's two dominant marketplaces say they will accept digital rubles from September 1, with wallets opening inside existing bank apps. The mandate for large chains is dated a year later.
Reality
The August 17 approval of eight more operators roughly triples the digital yuan's distribution network this year. Connectivity is no longer the constraint; adoption is.
Reality
A planned change declined cards nationwide for hours on a Saturday afternoon. The failure mode operators should be rehearsing is their own change window, not somebody else's attack.
Reality