CBDCs

Federal Reserve

Federal Reserve, 6 Other Central Banks Set Out Core Digital Currency Principles

The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies.

Policy & regulation  ·  9 October 2020
CBDCs

‘It’s Something We’re Studying’: Deputy Treasury Secretary Discusses US CBDC Plans

“It’s something we’re studying … [T]his is really a decision which sits as much with the Fed as it does with Treasury,” said Deputy Secretary Justin Muzinich.

Policy & regulation  ·  7 October 2020
CoinFlash

South Korea’s Central Bank to Test Digital Currency in 2021

The Bank of Korea is to run virtual trials of a possible central bank digital currency through 2021.

Policy & regulation  ·  7 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
CoinFlash

CBDC Design Needs to Address Risk to Users, Says Bank of Canada

Building an anonymous central bank digital currency (CBDC) presents security risks – not only to the issuer but to the users themselves, says the Bank of Canada.

Tech  ·  6 October 2020
CoinFlash

Estonia’s Central Bank to Research if Blockchain Can Support a Digital Euro

Eesti Pank said the initiative will gauge the suitability of the KSI Blockchain, already used within the country's e-government system, in supporting a central bank digital currency.

Policy & regulation  ·  5 October 2020
CoinFlash

Digital Euro Will ‘Protect’ Eurozone From Foreign Issuers, Says ECB Exec

An executive member at the European Central Bank says a digital euro could protect the eurozone's monetary sovereignty from outside influence.

Policy & regulation  ·  2 October 2020
CBDCs

CBDCs Could Challenge US Dollar’s Dominance: Deutsche Bank

Central bank digital currencies have the potential to challenge the primacy of the U.S. dollar, according to a new report from Germany's Deutsche Bank.

Business  ·  30 September 2020
CoinFlash

Societe Generale to Use as Many as Five Blockchains in Capital Markets Trials

A tech-focused subsidiary of Societe Generale said it will trial up to five different blockchains to understand their usefulness in capital markets.

News  ·  17 September 2020
CoinFlash

BIS Seeking Blockchain Expert to Lead Digital Currency Research

BIS is looking for a blockchain engineer to take a lead on its digital currency initiatives, which includes CBDC and digital security research.

Policy & regulation  ·  16 September 2020
CoinFlash

Bahamas to Roll Out ‘Sand Dollar’ Digital Currency Next Month

The Bahamas' "Sand Dollar" will likely be the world's first live central bank digital currency when it launches in October.

Policy & regulation  ·  16 September 2020
CoinFlash

French Central Bank Chief Eyes Public-Private Partnership for Possible Digital Euro

The governor of the Banque de France said private-sector involvement could benefit a future digital euro initiative.

Policy & regulation  ·  11 September 2020
CoinFlash

Mastercard Releases Platform Enabling Central Banks to Test Digital Currencies

Payments giant Mastercard said its new testing platform will simulate the issuance, distribution and utility of digital currencies for central banks.

Business  ·  9 September 2020
CoinFlash

Bank of England Governor Wants Global Regulations as Stablecoins Pick Up Steam

Bank of England Governor Andrew Bailey wants coordinated global regulation around stablecoins as the payment method picks up steam.

News  ·  3 September 2020
China

China’s Digital Currency May Come With Hardware Wallets as Well

China Construction Bank’s brief digital yuan debut suggests that hardware wallets for the central bank digital currency may be in the works.

Policy & regulation  ·  1 September 2020