central bank digital currency

Search documents
Crypto legislation: Bills stall in procedural phase in House
CNBC Television· 2025-07-16 19:11
All right, crypto is in focus on Capitol Hill again today. GOP House members advancing a trio of bills after the same vote failed yesterday, but there is still work to be done. Bitcoin and other cryptocurrencies all moving higher at this hour.Emily Wilkins joining us live from Capitol Hill with where things stand right now. Emily, where do things stand right now. Hey. Hey, Brian.Well, really where things stand are where they stood yesterday. There is a vote that lawmakers need to approve of if they want to ...
Trump locks in crypto bill support
CNBC Television· 2025-07-16 15:31
House Republicans now appear to have the support needed to move forward with that key crypto regulation bill and it is boosting crypto prices along with some related names like strategy. Let's get to Emily Wilkins this morning from DC after a brief moment there Emily where people were questioning the speaker's hold on some of those hardliners. Carla, it was a very dramatic couple hours yesterday.As you remember, about a dozen Republicans blocked a vote to advance to voting on the crypto bills, but there was ...
Rep. French Hill: The House has the votes on three crypto bills
CNBC Television· 2025-07-16 13:08
the House uh today set to take uh the next steps on three crypto bills. Uh it's going to happen today. Joining us now, Financial Services Committee Chairman uh French Hill.It it uh good morning. It's good to see you uh Congressman. Good morning, Chairman.We we heard that uh I guess rumblings that maybe the votes weren't there and then, you know, the president met with with uh some individuals yesterday. Are you confident now it's the votes are there. I believe that we do have uh the votes to advance the Sen ...
The Evolving BRICS+ Payments System_ A Primer_ Charting the path to de - dollarize cross - border payments
2025-07-07 00:51
Summary of the BRICS+ Payments System Conference Call Industry Overview - The document discusses the evolving payments system among BRICS+ countries, focusing on the de-dollarization efforts and the development of independent payment infrastructures separate from US and Western systems [2][4][11]. Key Points and Arguments 1. **De-dollarization Debate**: The debate on the US dollar's reserve currency status is intensifying due to geopolitical fragmentation and the use of financial sanctions by the US and its allies [2][4]. 2. **BRICS+ Payment Sovereignty**: BRICS+ countries are pursuing 'payments sovereignty' by developing independent payment infrastructures, which are at various stages of discussion and implementation [4][11]. 3. **Challenges to Alternative Systems**: Geopolitical factors and divergent national objectives among emerging market countries pose significant challenges to establishing an alternative payments system, rather than technical barriers [4][8]. 4. **Multi-CBDC Platform**: The potential for a multi-Central Bank Digital Currency (CBDC) platform is highlighted, with several BRICS+ countries advancing their domestic digital payment infrastructures [4][9]. 5. **Role of Multilateral Institutions**: Institutions like the AIIB and NDB are seen as foundational for an alternative international financial system, although they currently lack sufficient liquidity support mechanisms [4][11]. 6. **SWIFT and CHIPS**: The document emphasizes the importance of SWIFT and CHIPS in the current global payments architecture, with the dollar accounting for nearly half of all SWIFT transactions [27][31]. 7. **BRICS+ Leaders Summit**: The upcoming BRICS+ leaders summit in Rio de Janeiro is expected to focus on trade, investment, and finance, but no major announcements regarding de-dollarization are anticipated [11][50]. Additional Important Content 1. **Historical Context**: BRICS countries have long opposed the existing international financial architecture, advocating for greater representation of emerging economies [6][38]. 2. **Geopolitical Dimensions**: The geopolitical landscape, particularly following Russia's invasion of Ukraine, has intensified discussions around reducing reliance on the dollar [40][41]. 3. **Future Initiatives**: Various proposals for de-dollarization are being discussed, including a BRICS common currency and cross-border payment initiatives, though many remain in the proposal stage [51][54]. 4. **Political Will**: The main hurdle to establishing an alternative payments architecture is political will, as diverging objectives within BRICS+ countries complicate consensus [9][40]. 5. **US Response**: The US has expressed concern over BRICS+ de-dollarization efforts, with former Treasury Secretary Janet Yellen emphasizing the importance of protecting the dollar [47][48]. This summary encapsulates the critical insights from the conference call regarding the BRICS+ payments system and the ongoing efforts towards de-dollarization, highlighting both the challenges and potential pathways forward.
摩根大通:专家电话会议要点_稳定币系列第一部分 - 现有参与者及生态系统的经验教训
摩根· 2025-07-01 00:40
Asia Pacific Equity Research 25 June 2025 Expert call takeaways Stablecoin Series Part I - Lessons from existing players and ecosystem We believe the rollout of the Stablecoin Bill in Hong Kong represents a pivotal advancement in the region's digital finance landscape. We hosted an expert call to explore the fundamentals of the global stablecoin ecosystem, which offers some reference point for HK's stablecoin development. Below are our key takeaway and summary points from the expert call. Please note that t ...
X @Cointelegraph
Cointelegraph· 2025-06-30 09:42
🇰🇿 LATEST: Kazakhstan plans to launch a state crypto-reserve managed by its central bank says National Bank Chairman Timur Suleimenov. https://t.co/Kc0CVQM2sL ...