Russia's biggest bank is stepping up support for the digital ruble. Meanwhile, a new Citi report suggests demand for CBDCs among financial institutions is waning... and fast.
The prediction market giant racked up record trading volumes in August, and is now on Bloomberg Terminal. But can it survive once the election betting frenzy is over?
The Chinese-led mBridge protocol is making progress, with the second digital yuan payment transaction publicly recorded. India's CBDC program has five million users but no public transaction figures to share. Experimentation with tokenization is expanding across the region.
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
"The request for funding requests roughly ~50% of the [Curve's] community fund. This is an extreme concern around sustainability for the ecosystem and growth initiatives overall," one critic says.
One standard for crypto tokens and coin identification is important for traders and regulators. The Digital Token Identifier (DTI) also testifies the maturity of the industry.
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.
