Digital money in a crypto wallet is only the first step. The bigger shift is a new software economy anchored in programmable blockchains.
Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to the head of the BIS Innovation Hub.
ECB President Christine Lagarde says the impetus for a central bank digital currency could come from the need to facilitate cross-border finance.
Some speculate that if the Fed implements a digital dollar, soaring inflation will soon follow.
The deputy governor of the Norges Bank said there's no urgent need for the nation to launch a digital krone.
Central banks meeting in Russia said the coronavirus pandemic is a driving force behind growing interest in national digital currencies.
The governor of the People's Bank of China praised recent tests of the digital yuan at the Hong Kong Fintech Week conference on Monday.
The partnership, which also includes top Australian banks, will explore the possible use and implications of a wholesale form of central bank digital currency using distributed ledger technology.
Tiff Macklem said Canada's digital dollar initiative is progressing past the experimental phase and that the G7 needs to coordinate on digital currencies.
Medici Ventures has completed a third equity purchase in Barbados-based Bitt, bringing it a controlling interest in the blockchain firm.
The Ethereum developer will help the digital assets arm of Societe Generale carry out research on a central bank digital currency.
A retail CBDC or an indirect one? Synthetic? An API approach? How central banks implement digital currencies will have seismic implications.
BIS is planning a proof-of-concept trial of a CBDC in collaboration with the Swiss central bank.
A reading of two recent op-eds on central bank digital currencies (CBDCs).
The Bank of Russia might launch its own CBDC, a digital ruble, after piloting the project at the end of next year, its chairwoman said.