FYI I’ve updated my central bank digital currency (CBDC) explorer tabulation for the latest developments out of Indonesia and South Africa.
Iran banned the mining of crypto-assets after a series of blackouts across major cities. The ban is effective immediately and will last until September 22. Iranian officials blame a surge in mining — as well as increased manufacturing and a drop in hydroelectricity supply — for blackouts that are playing havoc with businesses and daily life.
The Nebraska Financial Innovation Act was signed into law. The legislation creates a new state banking charter for digital asset depository institutions, modeled after similar legislation passed last year in Wyoming, that paved the way for Kraken to become the first official state-level crypto bank in the US. Japan-based Telcoin, a blockchain-based fintech, drafted the legislation as it seeks to bring its digital asset-backed financial services to US consumers.
*For those interested in intra-day updates and news that didn’t make the Daily Digest cut, please check out my Diigo fintech bookmarks: https://www.diigo.com/user/kiffmeister/Fintech