TOKENIZATION POLICY
The Vanderbilt Terminal for Digital Asset Policy & Regulation
INDEPENDENT INTELLIGENCE FOR TOKENIZATION POLICY, LEGISLATION & POLITICAL ECONOMY
GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91| GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91|

MBridge

BIS (Bank for International Settlements)

The BIS Innovation Hub's CBDC research including Projects mBridge and Nexus, Basel Committee crypto capital rules, and BIS's role as the central bank of central banks.

Donovan Vanderbilt · February 24, 2026

CBDC (Central Bank Digital Currency)

A digital form of central bank money issued to the public or financial institutions, distinct from physical cash and existing digital reserves, currently in various stages of research and deployment globally.

Donovan Vanderbilt · February 24, 2026

De-Dollarization and BRICS Digital Currency: Tokenization's Geopolitical Dimension

BRICS's digital currency ambitions — the 'Unit' token, mBridge, BRICS Pay — represent the most significant geopolitical challenge to dollar hegemony since Bretton Woods. Tokenization is the technological layer in a fundamentally political contest.

Donovan Vanderbilt · February 24, 2026 · 9 min read

Digital Yuan (e-CNY)

China's central bank digital currency, the world's most advanced retail CBDC deployment, issued by the People's Bank of China and operated through a two-tier commercial distribution model.

Donovan Vanderbilt · February 24, 2026

Multi-Currency CBDC: Project mBridge, Nexus, and the Race to Build Cross-Border Digital Money Infrastructure

Multiple CBDC interoperability projects — mBridge (China/UAE/HK/Thailand), Nexus, Dunbar — are building the infrastructure for central bank digital currencies to move across borders. The geopolitics are as important as the technology.

Donovan Vanderbilt · February 24, 2026 · 8 min read
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