CBDC: DeSantis Says US Should Never Adopt a Digital Dollar
The stance puts privacy and limits on government control at the center of the US debate over digital money.
Every Zipp story tagged #CBDC, newest first.
The stance puts privacy and limits on government control at the center of the US debate over digital money.
The target depends on extraordinary policy and institutional changes, not a standard bullish price outlook.
The move connects central-bank-backed digital money with tokenized finance, creating a new settlement rail for transactions within the interbank market.
Pontes brings digital euro settlement into tokenized wholesale finance, giving banks a central-bank money rail for transactions involving digital assets.
The withdrawal changes Saudi Arabia’s participation in a Chinese-led initiative designed to reduce reliance on the US dollar in cross-border payments.
The 12-month operational phase runs from Q3 2027 through Q3 2028, and participation tests merchant acceptance without ever making the beta legal tender or committing the ECB to issue.
The claim names no specific bank, government program or CBDC deployment, so it presents a broad adoption thesis rather than a documented institutional decision.
India's $620B corporate bond market is the test bed. With the digital rupee settling both legs atomically and depositories holding the tokens, the same rails will eventually reach retail.
Across Asia this week the pattern is the same: tighter issuer and custody rules for stablecoins and self-custody wallets, more room for tokenized equity, and quiet CBDC builds.
For investors, the key signal is policy alignment: Kyrgyzstan is treating state-backed digital money, crypto licensing and stablecoins as parts of one financial infrastructure.
The unusual split is what other major-economy CBDCs will now be measured against: banks and big retailers must build access in Russia, but citizens stay free to ignore it.
Friday's August payrolls print lands after July's -23K shock and 103K of combined revisions, while Russia's first large-scale CBDC phase kicks off the same morning the ruble stablecoin consultation…
The ECB is selling the 2029 digital euro as a privacy upgrade over bank transfers, but civil society groups argue the safeguards rest on institutional promises, not technical enforcement.
The expansion broadens the commercial-bank layer of China's two-tier CBDC, while new rules make wallet balances interest-bearing deposit liabilities covered by deposit insurance.
The structural question is coexistence, not competition. Stablecoins handle the exporter leg, a potential digital pound clears the importer side, and the design feeds the joint assessment.
Interoperable rails could lower the friction of trade settlement across the bloc, giving CBDCs a more practical role in international payments.
Phase two shifts the pilot from simulation to real consumer transactions, with Korea's four largest financial groups joining regional lenders to trial tokenized won across commercial rails.
The National Property Act rewrite folds virtual currencies and IP into the state balance sheet, while a 2027 bond tokenization pilot will plug into the Bank of Korea's CBDC infrastructure.
Twelve providers per euro-area national central bank is the largest live test of retail CBDC settlement to date, and it lands as the ECB pushes to finalise the digital euro rulebook by mid-2026.
The test roster covers banks, payment processors, and neobanks across the eurozone, hinting at how the ECB plans to distribute a retail CBDC when the pilot goes live in 2027.