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European Union lawmakers will vote Tuesday on legislation to establish a digital euro. The measure aims to reduce reliance on U.S. payment systems.
financialpost.comThe Office of the U.S. Trade Representative determined last week that several Brazilian trade practices are actionable under Section 301. The notice cited Brazil's instant payment system Pix among the practices under review.
forbes.comVisa posted net revenue of $11.2 billion for the second quarter of 2026, marking 17% year-on-year growth. Company officials attributed the increase to higher payments volume, cross-border activity, and processed transactions rather than newer digital initiatives.
armstrongeconomics.comOfficials have added the digital yuan to lottery prize payouts and some fiscal disbursements. The steps follow earlier trials in public transport and retail payments.
The Bank of Korea announced it will participate in Project Agora, a trial led by the Bank for International Settlements that tests tokenized commercial bank deposits for cross-border payments.
news.google.comBermuda announced plans to develop a sovereign digital dollar and a fully onchain economy in partnership with Circle, Coinbase, and Stellar. The initiative aims to create the first national economy built entirely on blockchain infrastructure.
thehindu.comIndia is testing its central bank digital currency, the e-rupee, through a pilot program aimed at enhancing its $80 billion welfare system. A farmer in Phulenagar used the digital funds to install irrigation equipment on his onion farm. The initiative seeks to address issues of c…
agriculture.einnews.comA farmer in western India used e-rupee funds from a central bank pilot to set up irrigation on an onion farm. The program aims to promote the digital currency. This demonstrates support for small-scale agriculture through direct digital payments.