# CBDC İlgili Makaleler

HTX Haber Merkezi, kripto endüstrisindeki piyasa trendleri, proje güncellemeleri, teknoloji gelişmeleri ve düzenleyici politikaları kapsayan "CBDC" hakkında en son makaleleri ve derinlemesine analizleri sunmaktadır.

IMF warns tokenized finance could reshape — and destabilize — global markets

The International Monetary Fund (IMF) warns that the rapid growth of tokenized finance could fundamentally reshape global financial markets while introducing new systemic risks tied to speed, automation, and market structure. Tokenization is not merely an incremental improvement but a structural shift that reconfigures financial architecture by replacing traditional intermediaries with smart contracts and shared ledgers. As of early April, tokenized real-world assets have reached approximately $27.5 billion, with U.S. Treasury products comprising over $12 billion. This indicates strong institutional demand for yield-bearing assets rather than retail-focused products like equities. While tokenization enables near-instant settlement and reduces counterparty risk, it also removes traditional buffers that absorb financial shocks. The IMF highlights concerns that automated processes—such as margin calls and real-time settlements—could accelerate liquidity stress during volatility. Additionally, smart contract vulnerabilities and platform fragmentation may complicate cross-border coordination and regulatory oversight. The IMF stresses that balancing innovation with stability will be crucial, urging policymakers to adapt regulatory frameworks to manage emerging risks in this rapidly growing sector.

ambcrypto23 saat önce

IMF warns tokenized finance could reshape — and destabilize — global markets

ambcrypto23 saat önce

From Cash to Crypto: Towards a Consistent Regulatory Approach to Illicit Payments

"From Cash to Crypto: Towards a Consistent Regulatory Approach to Illicit Payments" by Andrea Minto et al. (BIS) examines the challenges for Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regulation posed by the diversification of payment instruments, from cash and bank deposits to cryptoassets and CBDCs. The paper introduces a conceptual framework centered on the degree of intermediary involvement in a payment tool. It identifies a "waterbed effect": as regulators tighten AML/CFT rules on one type of instrument (e.g., bank transfers), illicit activity may shift to less-regulated alternatives with lower detection probabilities (e.g., self-hosted crypto wallets). This regulatory arbitrage undermines overall effectiveness. The framework categorizes payment tools as either intermediary-dependent (e.g., bank deposits, e-money, custodial wallets) where regulated entities perform checks, or non-intermediated (e.g., cash, self-hosted wallets, offline CBDCs) which offer higher anonymity and pose greater detection challenges. Malicious actors are assumed to choose tools that minimize their risk of detection. A case study of the EU's evolving AML/CFT regime illustrates this dynamic, showing how regulation has expanded over time to cover new entities like Crypto-Asset Service Providers (CASPs). However, inconsistencies remain, such as transaction limits for cash but not yet for self-hosted wallets or offline digital euro transactions. The paper concludes by proposing a dual regulatory approach: a *lex generalis* establishing a unified baseline of core obligations for all intermediated tools, and a *lex specialis* with tailored rules for non-intermediated instruments (e.g., transaction limits for cash and offline CBDCs, enhanced "touch point" monitoring for self-hosted wallets). This aims to create a more effective, consistent, and forward-looking framework that balances financial integrity with considerations for user privacy and innovation.

marsbit03/29 12:18

From Cash to Crypto: Towards a Consistent Regulatory Approach to Illicit Payments

marsbit03/29 12:18

ECB flags stablecoin competition as digital euro push intensifies

The European Central Bank (ECB) has expressed growing concern over competition from stablecoins and is positioning the digital euro as a strategic tool to preserve the role of banks in Europe's payment system. In a recent blog post, ECB officials emphasized that the digital euro should be seen as an opportunity rather than a threat to commercial banks, which will remain central to its distribution and customer relationships. The digital euro is designed to complement existing banking models, strengthen Europe's payment infrastructure, and reduce reliance on external providers. It will feature capabilities like conditional payments and pan-European usability to help banks compete with non-bank payment providers. The ECB highlighted stablecoins as a growing competitive threat, noting that without adaptation, banks risk losing fees, customer data, and deposits to digital alternatives. This reflects a broader global shift, with regulators in the U.S. and elsewhere debating how to integrate stablecoins into the financial system. The ECB's push for a digital euro aligns with these efforts, aiming to provide a public alternative that ensures financial stability and Europe’s strategic autonomy in payments.

ambcrypto03/27 17:02

ECB flags stablecoin competition as digital euro push intensifies

ambcrypto03/27 17:02

Australia Central Bank Moves Toward Execution on Digital Token Use

The Reserve Bank of Australia (RBA) is advancing from research to execution in implementing digital tokens within the financial system, as announced by Assistant Governor Brad Jones. The RBA emphasized that digital tokens can enhance efficiency, transparency, and settlement automation in financial transactions. The initiative, part of a broader exploration into central bank digital currencies, aims to validate practical use cases and ensure compatibility with traditional financial systems. The move reflects growing global interest in adopting blockchain and tokenized assets, highlighting increased collaboration between regulators and financial institutions to integrate emerging technologies.

TheNewsCrypto03/25 13:10

Australia Central Bank Moves Toward Execution on Digital Token Use

TheNewsCrypto03/25 13:10

Bank Of England Open To Review Stablecoin Ownership Cap Proposal Following Backlash

The Bank of England (BoE) has indicated it is open to revising its proposed regulations for systemic pound-pegged stablecoins following significant backlash from lawmakers and industry leaders. Deputy Governor Sarah Breeden stated the central bank is considering alternatives to its controversial proposals, which include temporary ownership caps of £10,000-£20,000 for individuals and £10 million for businesses, and a requirement for issuers to hold at least 40% of reserves as deposits at the BoE. Industry figures argued the caps are too restrictive and administratively burdensome, potentially damaging the UK's ambition to be a digital asset hub. The BoE plans to release draft rules for consultation in June and finalize them by year-end.

bitcoinist03/13 09:21

Bank Of England Open To Review Stablecoin Ownership Cap Proposal Following Backlash

bitcoinist03/13 09:21

America’s CBDC Faces Ban Until 2031 Following Senate’s Latest Move

The US Senate has passed a bipartisan housing bill, the 21st Century ROAD to Housing Act, which includes a provision to ban the Federal Reserve from issuing a retail central bank digital currency (CBDC) or any similar public digital asset. This temporary prohibition, set to expire on December 31, 2030, aims to protect financial freedom and prevent competition with private financial systems. The measure faced some opposition from conservative Republicans seeking a permanent ban. The bill now moves to the House of Representatives, where some Republicans have already expressed opposition and may demand amendments, potentially delaying its final passage.

bitcoinist03/12 22:02

America’s CBDC Faces Ban Until 2031 Following Senate’s Latest Move

bitcoinist03/12 22:02

CBDC Fight Escalates As US Lawmakers Call For Permanent Ban

US lawmakers are escalating their fight against a Central Bank Digital Currency (CBDC). A group of 29 representatives, led by Congressman Michael Cloud, sent a letter to congressional leaders demanding a permanent ban on a digital dollar. This was in response to a housing bill that included a temporary ban lasting only until 2031. The lawmakers argue this temporary measure is a weak version of a stronger, stalled bill (HR 1919) that would have completely prohibited a CBDC. They warn a CBDC would grant the Federal Reserve unchecked control over money and enable government surveillance of private finances, calling it "inherently anti-American." The push for a permanent ban signals this political battle is far from over.

bitcoinist03/09 01:02

CBDC Fight Escalates As US Lawmakers Call For Permanent Ban

bitcoinist03/09 01:02

Why U.S. lawmakers signing against CBDC could be bullish signal for XRP?

U.S. lawmakers are pushing to restrict the development of a Federal Reserve digital currency, signaling growing political resistance to a government-issued CBDC. This stance favors private digital infrastructure, potentially benefiting networks like XRP Ledger (XRPL). Meanwhile, XRPL is experiencing significant growth, with daily transactions averaging 2.5 million and increased activity in tokenized assets, reaching nearly $1.5 billion in value. The recent launch of the RLUSD stablecoin further supports liquidity on the ledger. These developments suggest that XRPL is gaining traction as a platform for payments and tokenized finance amid a shifting regulatory landscape.

ambcrypto03/08 23:02

Why U.S. lawmakers signing against CBDC could be bullish signal for XRP?

ambcrypto03/08 23:02

CBDC: Senator Pushes For Permanent Ban In Housing Act Amendment

US Senator Ted Cruz is pushing for a permanent ban on a US central bank digital currency (CBDC) by amending the 21st Century ROAD to Housing Act. The original bipartisan housing bill included a temporary CBDC prohibition until December 31, 2030, introduced by Senators Tim Scott and Elizabeth Warren. Cruz aims to remove this sunset provision to enforce a permanent ban, aligning with his 2025 Anti-CBDC Surveillance State Act, which cites concerns over privacy and government surveillance. Congresswoman Anna Paulina Luna also supports a permanent ban, warning of potential legislative conflict. Critics argue CBDCs could enable state control over spending, while proponents highlight benefits like financial inclusion and efficiency. Over 100 central banks are researching CBDCs, but only 11 have launched one. The crypto market cap stands at $2.33 trillion.

bitcoinist03/08 07:06

CBDC: Senator Pushes For Permanent Ban In Housing Act Amendment

bitcoinist03/08 07:06

RWA Weekly: Republicans Urge Senate to Adopt House Crypto Bill, EU's 12-Bank Alliance Qivalis Plans to Launch Euro Stablecoin

RWA Weekly Digest: March 6, 2026 The RWA sector continues to grow, with the total on-chain market cap reaching $26.52 billion. The stablecoin market cap saw a slight increase to $299.09 billion, marking two consecutive months of growth, while monthly active addresses rose to 53.48 million. Key regulatory developments include the U.S. Fed affirming a "technology-neutral" capital treatment for tokenized securities, and a U.S. Senate housing bill that included a temporary ban on a CBDC until 2030. The OCC issued rules limiting indirect interest payments on stablecoins. Japan's central bank announced plans to conduct trials for blockchain-based settlements. Significant project launches highlight the trend of traditional finance moving on-chain. A coalition of 12 EU banks, named Qivalis, plans to launch a MiCA-compliant euro stablecoin in the second half of the year. Germany's AllUnity expanded its offerings with a Swiss franc-pegged stable币, CHFAU. The Canadian government, alongside TD Bank, successfully piloted a C$100 million blockchain bond. In payments, Visa and Stripe are planning to expand their stable币 card issuance to over 100 countries. Western Union partnered with Crossmint to launch its USDPT stable币 on Solana. Funding activity remained strong. ARQ raised $70 million to expand its stablecoin-based financial applications in Latin America. QFEX secured $9.5 million in seed funding to launch a high-leverage RWA trading platform. Tether made a strategic investment in Axiym to integrate USDT into compliant payment networks. The European Central Bank issued a warning that widespread stable币 adoption, particularly of those pegged to foreign currencies like the USD, could pose significant risks to monetary policy and the banking system. Analysis from TD Cowen suggested that banks might lose the political battle over stable币 yield payments, though prolonged debate could jeopardize broader crypto legislation in the U.S.

marsbit03/06 07:21

RWA Weekly: Republicans Urge Senate to Adopt House Crypto Bill, EU's 12-Bank Alliance Qivalis Plans to Launch Euro Stablecoin

marsbit03/06 07:21

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