Topic: #cbdc
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RBI Governor Malhotra says India stays cautious on crypto but backs tokenization
RBI Governor Sanjay Malhotra said India's approach to crypto remains cautious, citing monetary sovereignty and capital flow risks, while the central bank backs distributed ledger technology and tokenization.
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Russia's Finance Ministry pays some staff wages in digital rubles for first time
Russia's Finance Ministry said some employees received wages in the central bank's digital ruble for the first time, a voluntary scheme that began Oct. 1, though it didn't disclose participants or payroll totals.
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Saudi Arabia exits mBridge CBDC project after proof of concept
Saudi Arabia's central bank has exited mBridge, a China-led cross-border digital currency platform, after completing a proof of concept in May 2025. The withdrawal comes as US policymakers have raised concerns about the project's potential to circumvent sanctions.
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U.S. Housing Bill's CBDC Ban Becomes Law at Midnight Without Trump's Signature
A bipartisan housing bill containing a four-year federal ban on digital-dollar issuance by the Federal Reserve is set to become law at midnight, even though President Trump refused to sign it in protest over unrelated voter-ID legislation.
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EU Parliament approves digital euro legal framework ahead of 2030 launch
The European Parliament's ECON Committee approved a proposal advancing the EU's digital euro plans, clearing the path for final legislative negotiations and alignment with the ECB's pre-2030 launch objective.
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South Carolina bans CBDCs, protects Bitcoin miners and crypto self-custody
South Carolina Governor Henry McMaster signed Bill 163, banning state use of central bank digital currencies while protecting individuals and businesses from restrictions on digital assets, mining operations, and self-hosted wallets.