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Policy and Re
2026-09-14 02:00:00

North Korea IT Infiltration, UK Donation Curbs, CLARITY Talks Lead Latest Crypto Policy Roundup

A wide set of crypto and policy developments emerged between Sept. 13 and Sept. 14, spanning cyber risks, regulation, markets and AI. NBC reported that North Korea has been recruiting remote IT workers from third countries including Iran and Lebanon to help infiltrate U.S. companies, paying interview assistants $500 a month in crypto before North Korean personnel allegedly take over the jobs. In the U.K., the Labour government is moving to curb large political donations from wealthy overseas donors after crypto billionaires Christopher Harborne and BitMEX co-founder Ben Delo gave a combined £72 million to Reform UK in two days. Elsewhere, Token Unlocks data showed major upcoming releases for ZRO, ARB, BR and several other tokens next week. Europe’s Eurosystem said its DLT settlement project Pontes is scheduled to go live on Sept. 21, while Brazil’s central bank capital rules could force roughly 290 crypto exchanges out of the market. Chainflip said it lost about 736,400 USDT in an attack on Tron. U.S. lawmakers are also preparing more discussions on AI and the CLARITY Act, as industry figures including Cathie Wood, Arthur Hayes, Vitalik Buterin and Nate Geraci weighed in on regulation, governance and market structure.

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North Korea IT Infiltration, UK Donation Curbs, CLARITY Talks Lead Latest Crypto Policy Roundup
European Cent
2026-08-30 22:19:16

ECB plans blockchain euro issuance, says stablecoins cannot replace central bank money

European Central Bank Executive Board member Isabel Schnabel said at the Jackson Hole symposium that the ECB wants to issue euros directly on a blockchain, using them as a settlement asset for tokenized markets. She said only central banks can create such assets and argued that stablecoins should be treated as a complement to central bank money, not a substitute, because they cannot expand supply in a crisis the way central banks can. Schnabel also pointed to Pontes, a project set to go live next month. It will connect the euro area’s TARGET settlement backbone with market blockchain platforms to enable atomic settlement in central bank money. During earlier testing, 64 institutions across nine jurisdictions settled about €1.6 billion through nearly 58 use cases. The data she cited showed about $304 billion in USD-pegged stablecoins in circulation, while euro-pegged tokens remain below $1 billion. Schnabel warned that if private tokens dominate settlement, Europe will end up settling in dollars.

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ECB plans blockchain euro issuance, says stablecoins cannot replace central bank money
ECB
2026-08-30 11:32:14

ECB's Schnabel: Central Bank Money Must Go On-Chain, Stablecoins Not Final Settlement

European Central Bank (ECB) Executive Board member Isabel Schnabel told the Jackson Hole Economic Policy Symposium that central bank reserves remain superior to stablecoins as the ultimate settlement asset, and that the ECB must put central bank money on a blockchain. Stablecoins, she argued, lack the independent capacity to rapidly expand liquidity during financial stress. Schnabel also said tokenization can make financial transactions quicker, safer and programmable, but only if central bank money operates on the same infrastructure as other tokenized assets. The ECB's Project Pontes is scheduled to launch in September 2026, initially connecting TARGET services with DLT platforms run by market participants. It will later enable settlement directly on DLT platforms within the Eurosystem and gradually incorporate smart contracts and around-the-clock operation. Project Appia, meanwhile, is tasked with designing the long-term architecture, technical standards and legal framework for Europe's tokenized asset market, targeting a full blueprint by 2028. According to Bitcoin.com News, Schnabel made the remarks at the Jackson Hole symposium.

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ECB's Schnabel: Central Bank Money Must Go On-Chain, Stablecoins Not Final Settlement
WuBlockchain
2026-08-29 13:54:50

WuBlockchain weekly roundup: ECB blockchain plans, GOLD collapse and fresh Bitcoin bull-market calls

WuBlockchain’s latest roundup pulls together a dense mix of crypto, macro and enforcement developments. The daily highlights include European Central Bank executive board member Isabel Schnabel calling for central bank money to be brought onto blockchain infrastructure, with the ECB set to launch the Pontes project next month and complete the Appia long-term architecture blueprint in 2028. The U.S. Commodity Futures Trading Commission also said former White House teleprompter operator Gabriel Perez was penalized for trading on non-public speech information, with more than $170,000 in disgorgement and penalties plus a three-year trading ban. The digest also covers a warning from New York state that AI is being used to amplify investment scams, citing FTC data showing 144,041 U.S. consumers reported investment fraud losses exceeding $8 billion in 2025. In markets, Solana meme token Trump Digital Gold plunged more than 95% in one minute, while GoPlus Security said the developer’s funding could be traced to KuCoin and that related operator wallets were funded through Binance. The weekly Top 10 spans Arthur Hayes’ view that a new Bitcoin bull cycle has begun, BlackRock’s framing of Bitcoin as a fiscal-risk hedge, Treasury buyback discussions, Coinbase’s AiFi product stack, Solana emission proposals, Uniswap’s AMM thesis, Trump-linked crypto losses, Iran-related sanctions, and a record $44.9 billion in on-chain RWA market value excluding stablecoins.

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WuBlockchain weekly roundup: ECB blockchain plans, GOLD collapse and fresh Bitcoin bull-market calls