Sweden's Riksbank told parliament in an Oct. 7 letter that a digital krona would take at least five years to build, before counting legislative time. It has taken no position on issuing one but recommends starting legal preparation anyway.
Perspective Coverage
3 publishers
- Builder
- Builder 15%
- Operator
- Operator 45%
- Investor
- Investor 40%
Reality
- Evidence62
- Adoption
- Not scored
- Hype gap+8
- Incentives
- Not scored
- Confidence68
BIS's Project Aurum Phase 2 prototype hides payer, payee and amount with zero-knowledge proofs while keeping anti-money-laundering checks. That moves the privacy guarantee from a central bank's pledge to the system's design, but the BIS says the stack is not yet production ready.
Reality
- Evidence45
- Adoption3
- Hype gap+20
- Incentives
- Not scored
- Confidence60
Bank of England urges UK firms to build sterling stablecoins while the digital pound waits
Bank of England sees no urgent need for a retail digital pound, a Deputy Governor said on 12 October 2026. It expects three dominant sterling stablecoins at about EUR 46 billion of demand each, so the field for new issuers is narrow.
Reality
- Evidence40
- Adoption
- Not scored
- Hype gap
- Not scored
- Incentives55
- Confidence50
MAS plans to settle tokenised bills in wholesale CBDC after a three-bank overnight lending trial
Singapore's central bank will step up wholesale CBDC and stablecoin regulation work, MAS managing director Chia Der Jiun said on Friday. His wording is wider than central bank money alone, since deposit tokens and stablecoins get roles of their own.
Reality
- Evidence50
- Adoption15
- Hype gap+10
- Incentives
- Not scored
- Confidence55
Breeden sees no rush on a digital pound while sterling stablecoins hold under $6 million of $308 billion
Bank of England Deputy Governor Sarah Breeden says there is no need to rush a digital pound, with a decision due before the end of 2026. Sterling stablecoins were under $6 million of a $308 billion market in late 2025. The private money she points to is still thin.
Reality
- Evidence45
- Adoption2
- Hype gap+40
- Incentives35
- Confidence50
Bank of Korea governor tells lawmakers private firms should run stablecoins
Bank of Korea Governor Hyun Song Shin told lawmakers on October 12 that private companies should issue and run stablecoins. The bank keeps building Project Hangang, and crypto.news reported that the remarks came without licensing rules.
Reality
- Evidence50
- Adoption
- Not scored
- Hype gap−10
- Incentives
- Not scored
- Confidence55
IMF says regulation can handle the surveillance fears around the Bank of Korea's token project
IMF officials said privacy risks in central bank digital money can be managed through regulation and design, as protest banners went up at the Bank of Korea. Their comments give the central bank an outside voice to cite while it keeps building Project Hangang.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+15
- Incentives40
- Confidence50
Bank of Korea says only banks can hold Project Hangang's digital currency
Bank of Korea official Kim Dong-sup said the bank has no plan for a retail CBDC and only banks can hold Project Hangang's digital money. Commercial banks keep the customer in a pilot already used for a government EV-charger subsidy.
Reality
- Evidence45
- Adoption20
- Hype gap+15
- Incentives70
- Confidence50
Digital euro mandate hands eurozone merchants a free alternative to Visa and Mastercard by 2029
Eurozone businesses must accept the digital euro by 2029, a free payment option aimed at the 47% of card payment value that Visa and Mastercard process. Adyen, a pilot member, says merchant demand is still thin, so the networks are likelier to feel it in their fees before their share.
Reality
- Evidence55
- Adoption12
- Hype gap+25
- Incentives65
- Confidence50
HKMA takes Hong Kong's debt settlement platform on-chain around the clock by year end
The Securities and Futures Commission is drafting a digital-asset licensing regime alongside the upgrade, and the Hong Kong dollar stablecoin already in circulation totalled 522,000 tokens on August 19.
Reality
- Evidence48
- Adoption22
- Hype gap+32
- Incentives58
- Confidence45
Cipollone dates Europe's wholesale tokenised euro three years ahead of the retail one
A speech the BIS published on September 15 puts the Pontes settlement link live this month, Appia's market integration in 2028 and a possible first digital euro issuance in 2029, with the legislation that date depends on due by late this year.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+25
- Incentives60
- Confidence45
WSJ puts Lagarde inside a Greek licensing call the ECB has no power to make
Binance spent about 18 months on its Greek MiCA file and withdrew it on June 24, a week before the deadline, after Greek officials had already told ESMA the regulator intended to approve.
Reality
- Evidence45
- Adoption72
- Hype gap+18
- Incentives62
- Confidence50
CLARITY needs seven Democrats even if all four Republican holdouts come back
Cloture on H.R. 3633 failed 49-50 on Sept. 15 with every yes vote Republican. Add the four Republican noes back to the yes column and the count reaches 53, still seven short of the 60 the Senate requires.
Reality
- Evidence62
- Adoption68
- Hype gap+15
- Incentives60
- Confidence58
SEBI and the Reserve Bank of India now have 10.25 billion rupees of corporate debt live on a permissioned ledger settled in wholesale digital rupees, with the depositories holding the private keys and 23 investors holding the bonds.
Reality
- Evidence68
- Adoption42
- Hype gap+18
- Incentives62
- Confidence66
Ping An, Bank of Shanghai and Bank of Hangzhou join a list that has gone from 10 to 30 in a year. Beijing is buying distribution it could not win on product.
Perspective Coverage
4 publishers
- Builder
- Builder 24%
- Operator
- Operator 36%
- Investor
- Investor 40%
Reality
- Evidence64
- Adoption52
- Hype gap+22
- Incentives62
- Confidence72
Korea's deposit-token pilot raised its ceiling fifty-fold on a regulator's sign-off
The People Power Party's leader says he opposes a central bank digital currency until safeguards are written into law. The July expansion of Project Hangang cleared through the Financial Services Commission.
Reality
- Evidence40
- Adoption28
- Hype gap+22
- Incentives72
- Confidence45
Twenty-three investors bought the whole Rs 1,025 crore of SEBI's first tokenized bond batch
Demat 2.0 settled REC, L&T and IIFL paper against the wholesale digital rupee on the day of bidding, with the same ISINs, coupons and ratings the bonds would have carried anyway.
Reality
- Evidence55
- Adoption35
- Hype gap+25
- Incentives65
- Confidence50
Bank of Korea's governor: won at 13-month high, sees room for further decline
Hyun Song Shin says he sees room for the won-dollar rate to fall further. He also sizes Korea's up-to-$20bn-a-year US investment pledge at 4.7 per cent of $427bn in reserves, a comparison meant to show that the flow is one the country can absorb.
Reality
- Evidence44
- Adoption38
- Hype gap+26
- Incentives71
- Confidence41
Russia wires the digital ruble into checkout while crypto payments stay banned
Named telecoms and marketplaces begin taking the state's digital ruble on September 1, and a phased law makes acceptance compulsory by 2028, while paying with crypto stays illegal.
Reality
- Evidence42
- Adoption48
- Hype gap+22
- Incentives55
- Confidence40
Wildberries and Ozon put the digital ruble at checkout on September 1
Russia's two dominant marketplaces say they will accept digital rubles from September 1, with wallets opening inside existing bank apps. The mandate for large chains is dated a year later.
Reality
- Evidence28
- Adoption24
- Hype gap+34
- Incentives68
- Confidence33