https://centralbankofbitcoin.com/statements/ Every announcement the Central Bank of Bitcoin has made about itself. en https://centralbankofbitcoin.com/statements/cbob-2026-5/ https://centralbankofbitcoin.com/statements/cbob-2026-5/ Sat, 22 Aug 2026 16:09:15 +0000 The Bank did not print today. The schedule of vaults is complete. There are five. Your vault is assigned at activation, by fate, and may be raised. Upgrades are settled in $CBOB. It is obtained from the Bank and from nowhere else. The Schedule of Vaults, First Edition, is published in full and is to be read with Purposes and Functions. There are five levels of member bank vault. Level One is the smallest and Level Five is the largest. A vault's level is assigned at activation, by fate, and it is permanent. It cannot be applied for, it cannot be appealed, and it cannot be bought. Every level carries a weight, and weight is the only quantity that decides how a distribution is divided. A Level Five vault receives three times what a Level One vault receives from the same distribution. Not sixteen. The Bank is not a casino. The Bank is a bank. The eighty five percent described in Section VI of Purposes and Functions is divided among activated vaults by weight. An unactivated vault carries a weight of zero, sits outside the denominator, and receives nothing. At every settlement the Bank publishes the count at each level and the sum of their weights, so that any member may do the division and arrive at the figure the Bank arrived at. What $CBOB alters is a vault's emissions: the weight it carries into a distribution. An alteration is temporary. It holds for a period and then it lapses, and the vault carries the standard weight of its level again. $CBOB is obtained from the Bank and is obtained nowhere else. The Schedule states five matters the Bank has not settled, in a section of its own, so that the reader is not required to guess and is not invited to assume. https://centralbankofbitcoin.com/statements/cbob-2026-4/ https://centralbankofbitcoin.com/statements/cbob-2026-4/ Fri, 21 Aug 2026 21:47:52 +0000 The Bank tested the vaults this morning. Staff put money in. Nothing came out. Staff then tried to take money out of a vault the Bank does not own, and were refused by the Bank's own equipment. Both results are entered into the record as successes. The vaults are coming. The Bank sets out the test in full. In the first test staff deposited value into a vault and then attempted to retrieve it. The value went in. Nothing came out. The vault behaved exactly as Section VIII of Purposes and Functions describes: it accepted the deposit and offered no mechanism by which the deposit could be taken back out. The Bank did not treat this as a fault at any point during the test. In the second test staff attempted to take value out of a vault belonging to somebody else. The equipment refused. The Bank notes, for the record, that the equipment refused the Bank. A reader who finds the first result alarming and the second reassuring has understood the design. They are one property, tested from two sides. The equipment that will not let a member out is the equipment that will not let anybody in, and the Bank declined to build one without the other. The Bank passes no comment on institutions whose equipment refuses only the second of these. https://centralbankofbitcoin.com/statements/cbob-2026-3/ https://centralbankofbitcoin.com/statements/cbob-2026-3/ Tue, 18 Aug 2026 18:36:41 +0000 The Bank has been asked to explain itself. Purposes and Functions. First Edition. Thirteen sections on the member bank system, the impossibility of withdrawal, and related matters. It contains no surprises. If you find one, you have misread something. The document is the Bank's founding instrument. It is published in full, at once, and without a summary. Section VI divides every revenue event eighty five percent to activated vaults and fifteen percent to the Bank, permanently, and the eighty five arrives without a claim process. Section VII states the Bank's monetary policy for its internal unit, in bold, and the reader is advised that it is not the policy the reader is expecting. Section VIII describes the vault, which accepts deposits and does not process withdrawals. Section IX describes bank failure, under which a member destroys the vault and receives one hundred percent of its contents immediately, with no penalty and no committee. The Bank publishes its most unusual mechanics ahead of its most flattering ones. That is the practice and it is not under review. There is no executive summary. A reader who wishes to know what the Bank does is invited to read what the Bank wrote. https://centralbankofbitcoin.com/statements/cbob-2026-2/ https://centralbankofbitcoin.com/statements/cbob-2026-2/ Mon, 17 Aug 2026 16:35:24 +0000 The Bank did not print today. 371 of 1,030 destroyed. 659 remain. 240 Proof of Burn issued to 41 members. The vaults are coming. A Proof of Burn charters one. There is no other instrument. Issuance is closed. The Bank enters the result and does not expect to enter it again. Three hundred and seventy one MAGA Giraffes were destroyed. Six hundred and fifty nine remain and will not be destroyed under this instrument, the instrument having closed. Two hundred and forty Proof of Burn were issued, to forty one members. Those two hundred and forty are the founding charters. They were issued by fire, at no cost beyond the Giraffe, and no further charter will be issued on those terms. The permanent ceiling of the member bank system is two thousand one hundred charters, ever. The Governors decide when, and whether, any of the remainder is made available. A charter is not a vault. A charter becomes a vault at activation, and activation is described in Purposes and Functions. Until then it carries a weight of zero and receives nothing. The Bank thanks nobody, congratulates nobody, and files the result. https://centralbankofbitcoin.com/statements/cbob-2026-1/ https://centralbankofbitcoin.com/statements/cbob-2026-1/ Sun, 16 Aug 2026 21:30:05 +0000 The Bank did not print today. Of 1,030 MAGA Giraffes struck, 343 have been destroyed. 687 remain. The vaults are coming. A Proof of Burn charters one. There is no other instrument, and there will be no other instrument. Issuance ends Monday 17 August, 07:00 Austin. The Bank sets out the terms in full, so that no member is required to infer them. A Proof of Burn is obtained by destroying a MAGA Giraffe. The Giraffe is destroyed on chain. Nothing is held against its recovery, nothing is sent back, and the Bank does not operate a reversal. The Bank mentions this not because it is unclear but because it is final. The instrument is the charter. A Proof of Burn is the only route to a member bank vault. The Bank has not built a second route and does not intend to build one. A member holding no Proof of Burn at the close will hold none after it. Issuance closes at seven o'clock and three seconds in the morning, Austin time, on Monday the seventeenth of August. The Bank is aware that the three seconds serve no purpose. They are in the contract. The Bank does not amend a contract for tidiness. The Bank will publish the census at the close and will not extend the window.