Dalio Warns CBDCs Give Governments Unprecedented Financial Control

Bridgewater Associates founder Ray Dalio has issued a stark warning about the rise of central bank digital currencies (CBDCs), framing them primarily as tools for unprecedented government surveillance and control over financial transactions. While acknowledging their potential convenience, Dalio argues in a recent interview that CBDCs will likely fail as competitive stores of value, struggling against instruments like money-market funds. His comments arrive as global CBDC development accelerates, with over 130 countries exploring the technology, reigniting fundamental debates about financial privacy, state power, and the role of decentralized alternatives like Bitcoin.

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Ray Dalio Warns CBDCs Threaten Financial Privacy, Boost Web3 Alternatives

Ray Dalio, founder of Bridgewater Associates, has issued a stark warning: the global rollout of Central Bank Digital Currencies (CBDCs) will eliminate financial privacy, granting governments total visibility and programmable control over personal spending. This surveillance risk is accelerating a pivotal shift within the $191 billion creator economy, pushing content creators toward decentralized Web3 alternatives like SUBBD Token, which merges AI tools with Ethereum-based payments to combat de-platforming and exorbitant fees.

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Pakistan Partners with World Liberty Financial to Pilot USD1 Stablecoin

In a significant move to modernize its financial infrastructure, Pakistan has entered into a strategic partnership with World Liberty Financial (WLF) to explore the integration of the USD1 stablecoin into its regulated digital payments ecosystem. This collaboration, one of WLF’s first publicly announced agreements, signals Pakistan’s proactive approach to engaging with global fintech innovators while aligning with warming diplomatic ties with the United States. The initiative aims to enhance cross-border settlement efficiency and support the nation’s broader digital currency ambitions.

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India Tax Authorities Flag Crypto Enforcement Gaps Ahead of Budget

As India’s Finance Minister Nirmala Sitharaman prepares to present the Union Budget on February 1, the country’s income tax authorities have issued a stark warning to Parliament: the government’s ability to track and tax cryptocurrency transactions is being severely undermined by fundamental enforcement challenges. In a presentation to the parliamentary standing committee on finance, officials highlighted how the borderless, pseudonymous nature of virtual digital assets creates significant gaps in tax recovery, signaling deep institutional discomfort with privately issued crypto assets like Bitcoin (BTC) and Ethereum (ETH) ahead of crucial budget decisions.

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Stablecoin Rewards Debate Heats Up Ahead of Crypto Bill Vote

As the U.S. Senate Banking Committee prepares for a pivotal markup vote on crypto market structure legislation, the debate over stablecoin rewards has escalated into a defining battle. Banking groups warn these yield-like payments threaten local lending by drawing deposits away from community banks, while crypto industry leaders counter that they are essential for innovation, customer loyalty, and maintaining U.S. competitiveness against rivals like China. With lawmakers promising regulatory “parity,” the resolution of this issue could determine the fate of the landmark bill and shape the future of digital finance in America.

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Stablecoins Evolve from Crypto Speculation to Global Financial Infrastructure

The stablecoin industry has reached a decisive inflection point in 2025, fundamentally transforming from speculative crypto trading instruments into production-grade financial infrastructure. According to Stablecoin Insider’s comprehensive year-end report, on-chain settlement volumes now exceed several trillion dollars, with daily flows reaching hundreds of billions as stablecoins become absorbed into the global financial system as a permanent, programmable layer.

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ECB Ready for Digital Euro, Awaits EU Legislative Approval

The European Central Bank has declared its technical work on a digital euro complete, shifting the project’s fate to the political arena of the European Union. With systems built and safeguards defined, the ECB now awaits legislative authorization from the European Council and Parliament for a retail central bank digital currency (CBDC) designed to fortify monetary sovereignty against the rising tide of private stablecoins and shifting U.S. crypto policy.

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Crypto Market Plunge: Bitcoin Drops to $85K, Altcoins Crash

The cryptocurrency market suffered a sharp downturn over the past 24 hours, with Bitcoin briefly falling to $85,100 and several altcoins posting double-digit losses. The sell-off appears linked to shifting expectations around the next Federal Reserve chair. Overall market capitalization dropped by 4.1% to around $3.03 trillion.

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Pakistan Partners with Binance to Tokenize $2B in Government Assets

In a landmark move signaling its deepening commitment to digital finance, Pakistan has signed a memorandum of understanding with global cryptocurrency exchange Binance to explore the tokenization of up to $2 billion in government-held assets. This initiative, which includes sovereign bonds, treasury bills, and commodity reserves, aims to enhance liquidity, attract foreign investment, and position Pakistan as a progressive player in the blockchain economy. The partnership coincides with preliminary regulatory clearances for Binance and HTX, underscoring a comprehensive national strategy to overhaul its financial infrastructure through digital assets.

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Norway Rejects Digital Krone, Citing Strong Payment Infrastructure

Norway’s central bank has delivered a significant verdict on the future of digital currency within its borders, concluding that a central bank digital currency (CBDC) is “not warranted at this time.” This decision by Norges Bank underscores a cautious, pragmatic approach, highlighting the strength of the nation’s existing payment rails and questioning the immediate benefits of both retail and wholesale CBDCs. While leaving the door open for future reconsideration, the announcement positions Norway among jurisdictions taking a measured stance amid global CBDC experimentation.

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CBDC Ban Omitted from Defense Bill, Sparking GOP Backlash

A critical defense spending bill is advancing to the U.S. Senate without a promised ban on central bank digital currencies, sparking a fierce backlash from conservative Republicans who accuse party leadership of breaking explicit commitments. The omission from the must-pass National Defense Authorization Act (NDAA) highlights deepening political fault lines over the future of digital currency in America, pitting privacy concerns against legislative strategy.

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House GOP Pushes CBDC Ban in Defense Bill Amid Conservative Backlash

A Republican-led effort to permanently ban a U.S. central bank digital currency (CBDC) is creating a political rift within the House GOP. The push, centered on an amendment to the must-pass National Defense Authorization Act (NDAA), follows accusations that leadership broke promises to include anti-CBDC language, highlighting deep conservative concerns over financial privacy and government overreach.

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