CBDC

CBDC

In the CBDC Race, It’s Better to Be Last

As countries like China and Sweden rush to develop digital currencies, the U.S. can afford to take its time.

Policy & regulation  ·  2 November 2020
China

China Should Take Part in Creating Global Regulatory Framework for Digital Currency, Xi Says

China's president said the nation should proactively participate in setting the international framework.

Policy & regulation  ·  31 October 2020
CBDC

Philippines Central Bank Governor: No Digital Peso Before 2023

The central bank won’t pursue a CBDC for the duration of Governor Benjamin Diokno's term, which ends in 2023.

News  ·  22 October 2020
CoinFlash

Hong Kong ‘Exploring’ Collaboration With China on Digital Yuan: Finance Chief

A cross-boundary digital yuan could bring Hong Kong closer to China, Hui said.

News  ·  21 October 2020
CBDC

Bank of Spain to Weigh Digital Currency Design Proposals, ‘Implications’ Through 2021

The "priority" research comes as Spain weighs a global pivot to digital economies.

News  ·  16 October 2020
CoinFlash

Digital Euro Within Decade ‘Very Likely,’ Says Finland’s Chief Central Banker

Olli Rehn believes a digital euro "in one form or another" is all but inevitable.

News  ·  16 October 2020
Russia

Bank of Russia Considers Issuing Digital Ruble, Starts Public Consultations

The Russian central bank said it's starting public consultations on the possibilities of issuing a CBDC.

Policy & regulation  ·  13 October 2020
CBDC

Inside the Estonian CBDC Experiment That Could Shape the Digital Euro

How the firm helping lead Estonia's central bank digital currency research is approaching a mass-market crypto coin.

Policy & regulation  ·  7 October 2020
China

China Central Bank Official Reveals Results of First Digital Yuan Pilots

An official for China’s central bank unveiled usage statistics of state-backed digital currency trials held in three Chinese cities.

Policy & regulation  ·  6 October 2020
CoinFlash

European Central Bank Moves to Trademark ‘Digital Euro’

The EU's central bank has laid a claim to the phrase "digital euro" before deciding whether to actually issue one.

News  ·  1 October 2020
CoinFlash

The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut

The Bahamas has unveiled key details powering its historic launch of a central bank digital currency, now slated to debut on October 20.

Policy & regulation  ·  26 September 2020
CoinFlash

Hong Kong Reportedly Picks ConsenSys for Digital Currency Pilot Project

The Ethereum venture studio said it will work on implementing Hong Kong and Thailand's cross-border CBDC.

News  ·  25 September 2020
Europe

ECB President: Europe Has Fallen Behind in the Digital Payments Race

European Central Bank President Christine Lagarde said a digital euro can place the region at the cutting edge of innovation but it may have fallen behind in the global competition for creating digital payment ecosystems.

Policy & regulation  ·  11 September 2020
Japan

Former Central Bank Official: Japan Should Take a Digital Yen Seriously

In an interview with CoinDesk Japan, a former Bank of Japan official said the country has many reasons to seriously consider a digital yen.

People  ·  11 September 2020
CoinFlash

Brazil’s Central Bank Says Nation Might Be Ready for a Digital Currency by 2022

Brazil's fast-digitizing financial infrastructure could set the stage for CBDC in the next two years, said Campos Neto.

News  ·  3 September 2020