CBDCs

CBDCs

South Korea’s Central Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot

The Bank of Korea is seeking a partner to help develop the architecture for a potential central bank digital currency.

Policy & regulation  ·  31 August 2020
Bitcoin

Fed Chair Powell’s Jackson Hole Speech Could Hint at US Dollar’s Future

Fed Chair Jerome Powell's speech Thursday at the annual Jackson Hole Economic Symposium highlights how much has changed over the past year.

Markets  ·  26 August 2020
Digital Currency Initiative

Boston Fed Is Looking at ’30 to 40′ Blockchain Networks for Digital Dollar Experiments

The Federal Reserve Bank of Boston is evaluating more than 30 different blockchain networks to determine if they would support a digital dollar

Policy & regulation  ·  24 August 2020
CBDCs

APIs Will Decentralize CBDCs

Central banks must create API access for CBDC experiments if they're serious about full inclusion, market resilience and system efficiency.

Policy & regulation  ·  17 August 2020
Federal Reserve

The Federal Reserve Is Experimenting With a Digital Dollar

The Federal Reserve is actively investigating the potential impact of a digital dollar, though it has no plans to issue one anytime soon.

Policy & regulation  ·  13 August 2020
CBDCs

4 Myths About CBDCs Debunked

As central bank digital currencies have risen up the policy agenda, myths have emerged to confuse what they can and can't deliver.

Policy & regulation  ·  13 August 2020
Japan

Japan’s New FSA Chief Stands Firm on Crypto Regulation, Calls for Push on Digital Yen

The incoming commissioner of the Financial Services Agency has said the regulator will not soften rules on cryptos.

Policy & regulation  ·  7 August 2020
CoinFlash

Bank of Japan Puts Top Economist in Charge of Digital Yen Initiative

The central bank's most senior economist now runs the department responsible for the digital currency task force and working group with other central banks.

News  ·  31 July 2020
CoinFlash

Central Bank Board Member Says CBDCs Raise More Questions Than Answers

The Czech National Bank's Tomas Holub said in an interview that central bank digital currencies raise more questions than answers right now.

News  ·  24 July 2020
CoinFlash

Bank of Japan Forms New Team to Explore Central Bank Digital Currency

The Bank of Japan is warming to digital currencies and now has a team dedicated to researching a possible digital yen.

Policy & regulation  ·  20 July 2020
CBDCs

Bank of England Considering a Central Bank Digital Currency, Governor Says

The U.K.'s central bank is discussing the possibility of launching a digital currency, perhaps in several years.

News  ·  14 July 2020
CBDCs

Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday’s Hearing

While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.

News  ·  1 July 2020
CBDCs

BIS Plans New Central Banking Fintech Research Hubs in Europe, North America

The Bank for International Settlements is expanding its “Innovation Hub” with a handful of new locations in Canada and Europe.

News  ·  30 June 2020
Paxos

Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday

Witnesses will discuss stablecoins and tokenized dollars during Tuesday's Senate Banking hearing on the digitization of money.

Policy & regulation  ·  30 June 2020
News Roundup

Blockchain Bites: Rethinking Libra, Craig Wright and Something Smells Fishy in Blockchain

Craig Wright will go to trial, while IBM and a Norwegian association team up to track salmon on blockchain.

News  ·  25 June 2020