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.

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

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.

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.

While the idea of a unified ledger is not new, a proposition coming from the ECB, alongside the much-hyped digital euro, suggests a big shift could be coming.

Bakong extends beyond Cambodia's borders. China's CBDC sets a $1 trillion annual transaction plan for e-CNY. The ECB is looking at B2B applications for the digital euro. Tokenization news with Euroclear's digital assets platform and Taurus

Apple opens NFC and SE. An association of German banks questions the value of the digital euro, while the only financial institution offering a wallet for Jamaica's CBDC claims it adds friction to the user experience.

Offline digital euro and eSIM, low traction for digital rupee, e-CNY extends use cases, Brazil's DREX and Pix integration. Ripple and Open Eden in T-bill tokenization.