Another U.S. state pushes for CBDCs to be banned — as a tokenization platform secures a crucial license for rolling out in the EU. Also in this issue: an overview of developments in China, Russia, and the EU central bank digital currencies.
From a viral meme sensation to a sophisticated money launderer helping Russia's elite, it isn't just men in the upper echelons of alleged crypto crimes.
US SEC sues Touzi Capital for $115M crypto mining fraud.
Brazil’s Central Bank proposes banning stablecoin self-custody withdrawals.
UK Court rules Craig Wright is not Satoshi Nakamoto.
Ripple RLUSD stablecoin launching December 4 with NY approval.
Parity Technologies announces Polkadot 2,0 launch in Q1 2025.
TON launches Teleport
Gensler declared war on "fraudsters" and "hucklers" — and took celebrities to task when they promoted little-known coins to their millions of followers, without disclosing they had been paid to do so.
For all the key details of new Distributed Ledger Technology (DLT) projects in the banking world, real-world asset (RWA) tokenization, stablecoins, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' weekly has you covered.
CBDC Updates
'Urgency' Required in Digital Euro Rollout
New estimates project how much demand there will be for a digital euro. Plus, Tether launches a new tokenization platform, as BlackRock expands its tokenized fund to five new blockchains.
PNUT, inspired by the story of Peanut the Squirrel, has now raced to a $1.7 billion market cap. But we all know how this story ends — and it's bad news for everyday consumers.
Donald Trump made big promises to the crypto sector, and received millions of dollars in donations as a result. But can he deliver — and will his economic vision work against the industry's interests?
