bd

According to a report by the Korea Herald, the nominee for the governor of the Bank of Korea, Shin Hyun-sung, stated in a written response during a personnel hearing at the National Assembly that central bank digital currency (CBDC) and commercial bank deposit tokens based on its issuance should become the core of the digital currency ecosystem. Shin Hyun-sung expressed basic support for the introduction of a Korean won stablecoin but emphasized that maintaining trust in the currency is the most important.Regarding the issuing entity of the Korean won stablecoin, he believes that South Korea is not a reserve currency country, and compliance capability is crucial. Therefore, he suggested prioritizing the issuance by a bank-centered alliance, allowing non-bank institutions to participate, and gradually expanding later. Shin Hyun-sung holds a cautious attitude towards the claim that stablecoins can enhance foreign exchange trading efficiency, believing that it is still unclear whether blockchain can comply with capital and foreign exchange regulations. He also stated that crypto assets, including stablecoins, have failed to meet the core functions of currency such as a measure of value, medium of exchange, and store of value, asserting that crypto assets cannot replace fiat currency.

According to CoinDesk, Brett Guynn, a legal official at the Federal Reserve, stated that there are currently no ongoing central bank digital currency (CBDC) development plans.

The token management platform Magna under Kraken has now integrated the RootData API to discover more BD leads in a rich project database, thereby enriching product application scenarios.Magna is a token management platform that allows various crypto projects to more easily airdrop, stream, and distribute tokens to teams, investors, and communities according to a customized unlocking schedule. Magna raised $15 million in funding led by Tiger Global in 2022 and was acquired by Kraken exchange this year.

The U.S. Senate passed a bipartisan housing bill with 89 votes in favor and 10 against, which includes a provision prohibiting the Federal Reserve from issuing central bank digital currency (CBDC). The ban will last at least until the end of 2030, requiring the Federal Reserve not to issue or create CBDC or similar digital assets directly or through intermediaries such as financial institutions. However, the bill's prospects in the House of Representatives remain uncertain.Some lawmakers have raised objections to the provision in the bill that limits the number of homes large institutional investors can hold, which may lead the House to push for a new version of the bill, thereby affecting its progress. Industry insiders have stated that the relevant provisions reinforce the position of private sector-led digital asset innovation and protect financial privacy.

According to SolanaFloor, Pump.fun has registered subdomains corresponding to Base, BSC, Monad, and Ethereum, which may signal the platform's early steps towards multi-chain expansion.At the same time, Pump.fun has also removed the Solana logo from its X platform account homepage, further fueling market speculation about its cross-chain expansion plans.

Investment bank TD Cowen stated that the U.S. Congress may be close to passing legislation to permanently prohibit the Federal Reserve from issuing a Central Bank Digital Currency (CBDC). This move could benefit stablecoin issuers but may also introduce new complexities for cryptocurrency market structure legislation.Last week, U.S. Senator Ted Cruz proposed an amendment in the housing bill "21st Century ROAD to Housing Act," calling for a permanent ban on the Federal Reserve issuing CBDC. The amendment aims to convert the currently effective temporary ban, which lasts until 2030, into a permanent provision. The housing bill is expected to be submitted for a Senate vote as early as this week.Jaret Seiberg, Managing Director of TD Cowen's Washington research department, indicated that the housing bill ultimately submitted for the president's signature is likely to include this ban, and the possibility of a permanent ban is higher than that of a temporary one. Seiberg pointed out that the amendment is primarily aimed at solidifying the current policy stance.The Federal Reserve has repeatedly stated that it will not issue a digital dollar without explicit authorization from Congress. Meanwhile, several U.S. lawmakers have recently co-signed a letter to congressional leadership, urging for a permanent ban on CBDC. Congressman Ralph Norman stated that unlike cash, CBDC could allow the government to track transactions and monitor individual spending behavior, thus a permanent ban is necessary to protect the privacy and freedom of Americans.It is noteworthy that the U.S. House of Representatives passed the "Anti-CBDC Surveillance State Act" last year, which prohibits the Federal Reserve from directly issuing CBDC to individuals. Cruz has also been actively pushing for similar legislation in the Senate.

According to The Block, the Solana-based prediction market protocol TBD has announced the completion of a $3 million seed round financing, led by CMT Digital and ParaFi, with participation from Jump Crypto, Slow Ventures general partner Sam Lessin, Solana co-founder Raj Gokal, Polygon Labs CEO Mark Boiron, Wintermute founder Evgeny Gaevoy, and dYdX founder Antonio Juliano.TBD was co-founded by former dYdX team members and will officially launch after the completion of its internal testing.

Circle's former BD head Sterling stated on X platform that he has joined Hyperliquid Labs and will be responsible for business development and partnership building.Sterling's initial focus will be on collaborating with developers globally to expand Hyperliquid's builder code integration ecosystem.

Regarding the recent widely circulated interview with "former Binance listing manager Chase," He Yi clarified that Chase is not the listing manager, but rather in BD (Business Development)."The Binance project analysis and DD (due diligence) listing team does not communicate with the project parties; all contract terms are handled by BD, but BD does not have decision-making power. Therefore, each BD needs to connect with countless projects. Listing and BD belong to two different teams with different reporting lines. Thank you all for your attention. Having different perspectives can help everyone make judgments, which is a good thing. There is no need to overinterpret yesterday's ticket boarding today's ship."ChainCatcher previously reported that former Binance listing manager Chase stated in an interview, "The Binance listing team has a total of more than a dozen people, with 4 of us, including myself, who can actually interact with projects. In my two and a half years of employment, I have seen over 1,000 crypto projects, and I estimate that around 100 projects will have their tokens listed on Binance (including Alpha) by 2025. The proportion of projects that can be listed after communicating with the founders is about 5% to 10%. Bitcoin will definitely set a historical high in 2026."

According to Cointelegraph, Ray Dalio warned that CBDCs are coming, which will eliminate financial privacy while giving governments the power to tax, seize funds, and cut off the funding sources of political opponents.

According to Arkham data, at 02:19, 9.7143 million JITO (worth approximately $2.75 million) was transferred from the Squads Vault "Jito Tokenomics SubDAO" to an anonymous address (starting with jtojtome...).

According to Jinshi News, FXEM analyst Abdelaziz Albogdady stated that although the dollar has stabilized after falling to multi-year lows, it still faces downside risks. The weakness of the dollar is mainly due to Trump's comments signaling tolerance for currency depreciation, raising concerns that Trump may nominate a more dovish Federal Reserve chairman, which would imply looser monetary policy and decreased institutional independence. Coupled with widespread unease over domestic political risks in the United States, the dollar remains under pressure. Any dovish tendencies could exacerbate the downward pressure on the dollar and U.S. Treasury yields.

According to Fortune, video game payment solution provider ZBD has completed a $40 million Series C funding round, led by Blockstream Capital, associated with early Bitcoin investor Adam Back, which invested $36 million.The New Jersey-based startup focuses on providing blockchain payment technology for game developers, enabling players to transact using Bitcoin and earn loyalty rewards. ZBD is currently collaborating with 55 mobile games and plans to use the new funds to launch a more comprehensive suite of payment products in the coming year.

According to Fortune magazine, Bitcoin payment startup ZBD announced the completion of a $40 million Series C funding round, led by Blockstream Capital with an investment of $36 million. Other investors and the company's valuation have not been disclosed.ZBD, headquartered in New Jersey, primarily provides payment software solutions for video games, supporting multiple transaction processing options, including Bitcoin. The company does not engage in NFTs or crypto-based gameplay but focuses on using blockchain as a payment channel to help game developers establish direct financial relationships with players, facilitating transfers between users and in-game reward distribution. The company currently has 70 employees and has partnered with 55 games by 2025. This funding round will be used to expand its payment product suite over the next year.

The Reserve Bank of India (RBI) is pushing for a plan to connect central bank digital currencies (CBDCs) among BRICS countries, aimed at simplifying cross-border trade and tourism while reducing the dominance of the US dollar.Sources say that the Reserve Bank of India has urged the proposal to establish a CBDC interlinking system to be included in the agenda of the BRICS summit that India will host in 2026. This will be the first formal attempt by BRICS members to establish CBDC links, which include Brazil, Russia, India, South Africa, as well as new member countries such as the UAE, Iran, and Indonesia.

According to Cointelegraph, U.S. Congressman Warren Davidson has warned that the United States is sliding into a financial system that requires licensing and is heavily monitored. He believes that the recently passed cryptocurrency legislation undermines the initial promise of permissionless private money in the industry.Warren Davidson criticized the stablecoin-focused GENIUS Act in a post on the X forum, arguing that the bill would give rise to a wholesale version of a U.S. central bank digital currency (CBDC), which could be used for "surveillance, coercion, and control." He also expressed concerns that a digital identity system might be introduced in the future, forcing American citizens to obtain government permission to use their own money.

According to Cointelegraph, the Reserve Bank of India (RBI) has urged countries to prioritize the development of Central Bank Digital Currencies (CBDCs) over privately issued stablecoins, citing concerns that the latter could affect financial stability.In its December Financial Stability Report, the Reserve Bank of India pointed out that CBDCs can maintain "the singularity of currency and the integrity of the financial system," and should continue to serve as "the ultimate settlement asset" and "the cornerstone of trust in currency." "Therefore, the Reserve Bank of India strongly recommends that countries prioritize the development of CBDCs over privately issued stablecoins to maintain trust in currency, ensure financial stability, and build a faster, cheaper, and safer next-generation payment infrastructure." The Reserve Bank of India also noted that the introduction of stablecoins could create new channels for financial stability risks, especially during periods of market stress. Therefore, "countries must seriously assess the associated risks and develop policy responses suitable for their own financial systems."

According to a Reuters report, the Reserve Bank of India released a financial stability report stating that the bad loan ratio in the Indian banking system is expected to decline to 1.9% in the fiscal year 2026-27, down from 2.1% in September 2025. However, the risks for non-banking financial companies (NBFCs) are rising, with their bad loan ratio expected to increase from 2.3% to 2.9%.The report also reiterated concerns about stablecoins, emphasizing that stablecoins pose risks to macro-financial stability and supporting the priority development of central bank digital currencies (CBDCs) by countries to maintain financial order.

According to monitoring by onchainschool.pro, three wallet addresses related to the BDXN project have deposited approximately $400,000 worth of BDXN into multiple exchanges.These tokens were transferred from the project wallet two months ago, involving the following addresses: 0xD5682dcA35D78c13b5103eB85c46cDCe28508dfB; 0xD0Fc2894Dd2fe427a05980c2E3De8B7A89CB2672; 0xAc245a570A914C84300f24a07eb59425bbdC1B48.