Observers

From collapsing token prices to a precipitous fall in new and active users, even the promise of a "Season II" in this tap-to-earn game may not be enough to win audiences back.

Project mBridge suffers a huge blow as BIS exits the stage — as EU states express disquiet over the digital euro, and the U.S. Treasury eyes CBDCs replacing stablecoins.

Bitget wallet on Telegram reaches 6 million users just 3 days after launch. FDUSD stablecoin set to launch on Solana. Binance partners with AWS for a cloud-based machine learning solution. Kraken launches a fully customizable desktop trading application. Chainlink unveils major upgrade to boost flexibility and scalability. London PR firm

India is once again weighing up a crypto ban in order to boost adoption of the digital rupee, while the Russian regulator warns banks of penalties. A new report suggests tokenization has little risk of jeopardizing financial stability.

A new paper warns Russia's digital ruble may struggle to attract global adoption, as Mastercard teams up with an African bank so tokenized transactions can be made using wearable devices.

More than 180 million digital yuan wallets have now been created — but over in the UK, campaigners fear "Britcoin" could plunge privacy and freedom of expression into peril.

SWIFT's take on unified ledgers, IMF's CBDC research and Brazil DREX vision. In the tokenization segment, Visa unveils a new tokenization platform that'll allow central banks and financial institutions to launch their own stablecoins.

An ECB research paper on CBDC adoption strategies and cross border CBDC projects in Asia. Another digital note from HSBC as a new report on the state of tokenization reveals surging trading volumes and a spike in experimentation.