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CBDCs, Stablecoins and Tokenized Deposits: Why Each Digital Money Model Serves a Different Role
On 14 January 2026, an overview of central bank digital currencies, stablecoins, and tokenized bank deposits outlined how each format targets distinct users and use cases across the financial system. CBDCs aim at domestic monetary stability, stablecoins support global on-chain liquidity, and tokenized deposits help banks move existing balances onto blockchain infrastructure. Rather than one model replacing the others, they are expected to coexist as complementary rails in an increasingly digital monetary environment.
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1-14
UK Scales Back Mandatory National Digital ID Plan for Workers by 2029
On 14 January 2026, the UK government confirmed it has abandoned plans to make a single, state-issued digital identity mandatory for all workers, instead keeping digital right-to-work checks while making any future national ID optional. Critics had warned the centralized system could enable excessive state control and create cybersecurity risks, and the policy reversal comes as wider global debates continue over how digital ID, CBDCs, and DeFi rules should balance privacy with regulatory oversight.
DEFI
DEFI-4.66%
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1-14
Visa taps BVNK to add stablecoin payouts to $1.7 trillion Visa Direct network
On January 14, 2026, BVNK said it will power stablecoin functionality for Visa Direct, enabling businesses to pre-fund payouts in stablecoins and send funds to recipients in digital dollars. Visa Direct handles around $1.7 trillion in annual volume, while BVNK reports processing more than $30 billion in stablecoin payments each year, with services starting in approved markets.
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EUR
EUR+0.00%
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