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Special Report covering the Digital Euro Conference 2025
In this issue: Europe Accelerates Digital Euro, China's e-CNY in the State Financial Guidelines, and other CBDC news from around the world. In the tokenization segment, ONDO and Mastercard partnership, and a new token standard from Taurus
The digital euro is increasingly framed as a tool of EU sovereignty. China’s interest-bearing e-CNY shows no banking disruption so far. Tokenization goes mainstream as the ECB validates DLT collateral and the U.S. SEC distinguishes issuer-backed from wrapper tokens.
Alex Harutunian
The digital euro is increasingly framed as a tool of EU sovereignty. China’s interest-bearing e-CNY shows no banking disruption so far. Tokenization goes mainstream as the ECB validates DLT collateral and the U.S. SEC distinguishes issuer-backed from wrapper tokens.
Alex Harutunian
Special Report covering the Digital Euro Conference 2025
Leo Chao
In this issue: Europe Accelerates Digital Euro, China's e-CNY in the State Financial Guidelines, and other CBDC news from around the world. In the tokenization segment, ONDO and Mastercard partnership, and a new token standard from Taurus
Leo Chao
U.S. Fed drops the wholesale CBDC term, Russian banks resist digital ruble push, China adds scenarios for state payments with e-CNY
Leo Chao
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.
Observers
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.
Observers
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.
Observers