Macau has officially joined the mBridge project, a multi-CBDC platform for cross-border payments, enhancing connectivity with Portuguese-speaking countries and paving the way for digital yuan integration.
Macau's Monetary Authority launched the mBridge system on June 2nd, enabling three local banks to complete 23 cross-border transactions totaling nearly 1.3 billion MOP. The system uses central bank digital currency and distributed ledger technology for efficient, secure, and low-cost cross-border payments.
On the third day of the TECH conference, discussions focused on enhancing security policy prevention measures, with Hypo CTO advocating for a Euro-linked stablecoin to bolster Europe's digital currency landscape.
Macau's Monetary Authority hosted a seminar on central bank digital currency development and cross-border innovation with Portuguese-speaking countries. The event aims to build an international exchange platform for CBDC and promote financial cooperation.
US House Republicans are pushing for a permanent ban on a central bank digital currency (CBDC) via an amendment to the 21st Century ROAD to Housing Act. The bill, which includes housing program revisions, aims to prevent the Federal Reserve from issuing a CBDC, with a vote expected this week.
Myanmar's military government has proposed the Anti-Online Fraud Bill, introducing severe penalties including life imprisonment and the death penalty for digital currency and online fraud. The law targets scam centers and comes amid international efforts to combat such operations.
Strategy's Bitcoin sales will not move the markets, despite it owning more than 4% of the digital currency's maximum supply, Le said.
Justin Sun alleges World Liberty Financial installed tools to prevent sale of his tokens after they became tradeableBillionaire crypto entrepreneur Justin Sun on Tuesday sued World Liberty Financial, the digital currency venture co-founded by Donald Trump and his sons, alleging that World Liberty illegally froze his holdings of tokens issued by the company.Sun, the largest investor in World Liberty, alleged in the lawsuit, filed in a federal court in California, that the company secretly installed tools to prevent the sale of his tokens after they became tradeable in September 2025. The lawsuit also alleges that World Liberty threatened to “burn” – or permanently delete – his holdings, even while they were in Sun’s digital wallet. Continue reading...
CoinDesk reports that KelpDAO suffered a $290 million exploit on Saturday, making it 2026's biggest crypto hack. Two blockchain servers hosted by LayerZero were compromised during the heist.
