Last Updated on August 8, 2023
US official calls for stablecoin law amid PayPal’s PYUSD launch:
https://crypto.news/us-official-calls-for-stablecoin-law-amid-paypals-pyusd-launch/
Fake PayPal USD Tokens Pop up on Several Blockchains:
https://www.coindesk.com/tech/2023/08/08/fake-paypal-usd-tokens-pop-up-on-several-blockchains
Brazil names its controversial CBDC ‘DREX’:
https://crypto.news/brazil-names-its-controversial-cbdc-drex/
“The controversy stems from when the Central Bank published the code on GitHub allowing public inspection of the system… developers found problematic functions within the smart contract – the ability to freeze users’ accounts, alter balances, and mint new digital currency units.”