US Senate Bans Fed CBDC, HSBC Expands Orion Network to the UAE

Original author：Royal Productions

Original source：https://www.youtube.com/embed/Me5b4V5vBSY

“Your Mind Is Your Crown 👑” Hey Royals welcome to Royal Productions. We dive deep into crypto & blockchain news, plus major world events that could shift markets or change the game. We also have other content not related to news or crypto so check out the channel and If you enjoy the content make sure to SUBSCRIBE, LIKE or COMMENT it helps get the message out to others, Thank you. 1️⃣ US Senate Bans Fed CBDC Summary: In a massive regulatory move, the Senate has overwhelmingly voted 85-5 to ban the Federal Reserve from issuing a Central Bank Digital Currency (CBDC) until at least 2030. This legislative blockade, tied alongside a probe into a Trump UAE deal, signals massive political pushback against government-controlled digital dollars. Link: https://news.bitcoin.com/us-house-fed-cbdc-ban-trump-2030/ 2️⃣ CZ Clears Up Misunderstandings Summary: Former Binance CEO Changpeng "CZ" Zhao is officially stepping out to set the record straight. In a recent statement, the founder addressed the ongoing misunderstandings surrounding his identity, his role in the industry, and his legacy, aiming to clear his name as the regulatory dust settles around the world's largest exchange. Link: https://www.coindesk.com/policy/2026/06/23/cz-binance-founder-wants-to-clear-up-misunderstandings-about-who-he-is 3️⃣ Aave Price Target: $3,500 by 2030 Summary: Standard Chartered has issued a massive bullish prediction for Aave, forecasting the DeFi lending token could soar to $3,500 by the year 2030. The bank's analysts cite a structural "DeFi revival" and Aave's dominant market position in decentralized lending as the primary catalysts that will drive this explosive, long-term valuation target. Link: https://www.coindesk.com/markets/2026/06/24/aave-could-soar-to-usd3-500-by-2030-on-defi-revival-says-stanchart 4️⃣ Litecoin: The Forgotten Coin's Comeback Summary: Traders are keeping a close eye on Litecoin (LTC) as its fourth reward halving approaches in July 2027, which will drop the block payment down to 3.125 LTC. Historically, LTC tends to bottom out 6 to 12 months before the halving event and experience massive bullish price action. With its new EVM-compatible LitVM processing over 63 million transactions, this decade-old coin might just surprise the entire market. Link: https://www.coindesk.com/daybook-us/2026/06/24/this-forgotten-coin-could-surprise-everyone-before-its-next-halving 5️⃣ The "Debasement Trade" Unwinds Summary: The markets are experiencing a severe shock as the two-year "debasement trade" rapidly unwinds. With the market pricing in tighter Fed policy under potential new Fed Chair Kevin Warsh, the U.S. dollar is staging a strong rebound, wiping out leveraged longs. The market impact has been heavy across major assets: Gold: Slid roughly 28% from its $5,600 peak, falling below $4,000/oz. Silver: Dropped more than 50% from near $120, sinking under $59. Bitcoin: Tumbled below $62,000 and its 200-week moving average, triggering $169 million in liquidations in a single day. Link: https://www.coindesk.com/markets/2026/06/24/gold-silver-and-bitcoin-tumble-as-debasement-trade-unwinds 6️⃣ HSBC Expands Orion Network to the UAE Summary: Traditional banking giants are pushing deeper into digital assets. HSBC has officially expanded its blockchain-based Orion network to the United Arab Emirates, enabling real-time Dirham liquidity flows. This marks a major step in tokenized financial infrastructure bridging East and West. Link: https://news.bitcoin.com/hsbc-expands-orion-network-to-uae-enabling-real-time-dirham-liquidity-flows/ 🔔 Important: Royal Productions provides information & analysis and is not a financial or professional advisor. I don't "own" the news. Always Do Your Own Research (DYOR).