The ECB issues a progress report on the digital euro, demand for the e-rupee sinks in India, while China integrates e-CNY in the insurance payment systems

The IMF's been warned that it might have bitten off more than it can chew as it leads the charge on CBDC policies, as McKinsey claims the tokenization market in 2030 will be worth a lot less than previous estimates. Iran, Ethiopia and South Korea in CBDC news.

ECB President Christine Lagarde casts doubt on a digital euro by 2027 — as China silently removes the 'pilot version' markings from its e-CNY application

China's residents get red envelopes in the e-CNY app, while polls show that 59% of Germans have never even heard of the digital euro. Also this week, a cool use case for tokenization.

It looks unlikely that a digital pound will launch in the U.K. any time soon as an election beckons. The digital shekel challenge, updates on India CBDC progress and other news in this week's roundup

There's new legislation designed to prevent a digital dollar from intruding on consumer privacy — with a report also revealing how central banks could enhance CBDC adoption.

Ghana collaborates with the Monetary Authority of Singapore in moneytech. Digital yuan expands to Hong Kong while workers in the mainland convert their e-CNY salaries into cash. Also several bullish developments in the race to tokenize real-world assets.

Are European Central Banks too slow on the CBDC track? Let's hear what the governors say. Also, in this roundup, the U.S. commercial banks fighting actively for their share of the crypto custody markets and even developing their own digital asset network.