FYI for the convenience of those following me for central bank digital currency (CBDC) news, I post a weekly compendium of all of my CBDC-related posts every Sunday at https://kiffmeistercbdcdigest.blogspot.com. If there is sufficient interest, I will start up a mailing list for it.
U.S. House of Representatives publishes draft stablecoin bill (Ledger Insights)
A discussion draft of the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Bill was tabled in the U.S. House of Representatives by French Hill and Bryan Steil. It is substantially similar to the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Bill published by the Senate earlier in the week. For example, GENIUS Bill requires that stablecoins with more than $10 billion outstanding be federally regulated, unless the relevant state framework is substantially similar to the federal one, but the STABLE Bill allows large stablecoins to remain state regulated. [Read more at Ledger Insights including a tabular comparison of the two bills]
R3 and IDEMIA collaborate on offline CBDC payments (The Paypers)
R3 is partnering with IDEMIA Secure Transactions (IST) to integrate offline payment capabilities into its digital currency platform. The collaboration aims to support the development of central bank digital currencies (CBDCs) by enabling secure transactions both online and offline on R3’s Corda blockchain-based system. According to R3, the integration allows users to maintain network control while ensuring interoperability across different digital financial networks. [Read more at R3]
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Upcoming Speaking Engagements:
- The Central Bank Payments Conference (Paris, February 17–19) will explore the latest issues and developments confronting central banks and their evolving role as operators, overseers, and catalysts within the payments landscape. The focus will be on cross-border payments, CBDC and tokenization, open finance, instant payments, and financial inclusion, among other topics. When you register get 15% off by using the Kiffmeister15 code. [register here]
- The Global Payments Summit (Paris, February 19–21), the second half of Currency Research Payments Week, will explore emerging payments trends and innovations, positioning the ecosystem’s commercial players — banks, PSPs, solution providers — at the center of the discussions. When you register get 15% off by using the Kiffmeister15 code. [register here]
- The Crypto Assets Conference (Frankfurt, March 26) will explore the latest innovations and emerging industry trends in DLT, blockchain, and crypto assets, through insightful talks, interactive debates, and presentations by industry thought leaders. [Register here]
- The Digital Euro Conference 2025 (Frankfurt, March 27) will explore the future of money with a focus on CBDCs, stablecoins, tokenized deposits, and the intersection of AI and digital ID. When you register, get 20% off the regular ticket price by using the Kiffmeister20 code! [register here]
And just a reminder that I produce a monthly digest of central bank digital currency (CBDC) developments exclusively for the official sector. So (only) if you work at a central bank, ministry of finance or international financial institution (e.g., the BIS, IMF, OECD, World Bank) and who would like to receive it by email on the first business day of every month, please DM me on LinkedIn or email me at john@kiffmeister.com.
