Senate Passes the CBDC Ban: America's Digital Dollar Will Be a Private Product The Senate passed a ban on a Federal Reserve digital dollar, or CBDC, while protecting private stablecoins, setting US policy apart from the EU and China.
Bybit EU MiCA Campaign: A Licensed Exchange Bets on Displaced Binance Users Before July 1 Bybit EU launched a cashback campaign today, eight days before MiCA's deadline, as Binance's Greek licence faces rejection and competitors race for its users.
Microsoft Pecos Datacenter: Why a 2 Gigawatt AI Campus Comes With Its Own Power Plant Microsoft announced a 2 gigawatt datacenter in Pecos, Texas today, funding its own natural gas plant rather than drawing from the public grid.
Europe AI Supercomputers: 35 New Systems Across 23 Countries in One Year Europe is building 35 new AI supercomputers across 23 countries this year, the largest one-year expansion on record, reaching over 3 million researchers.
Bank of England Stablecoin Rules: 70% Backing Cap and a £40 Billion Issuance Guardrail The Bank of England published draft rules for systemic stablecoins today, raising the interest-bearing asset cap to 70% and setting a £40 billion issuance guardrail.
GENIUS Act Customer ID Rule: Why Stablecoin Issuers Must Know Direct Customers, Not Wallets Five federal agencies proposed a customer identification rule for stablecoin issuers this week. It applies only to direct customers, not wallet-to-wallet transfers.
Discount Window Stigma: Why Banks Avoid the Tool Built to Save Them The BIS June 2026 Quarterly Review confirms a five-decade problem: banks avoid central bank lending facilities because using them signals distress.