CBDCs

CBDCs

CoinDesk 50: How the People’s Bank of China Became a CBDC Leader

China's central bank, part of CoinDesk's new 50 list, is a pioneer of central digital currencies. Now the rest of the world is racing to catch up.

Tech  ·  11 May 2020
CBDCs

New Zealand’s Central Bank Is Hiring a Money Futurist

New Zealand’s central bank is looking for a Head of Money and Cash to focus "on the future of money” and be a "thought leader" for digital currency.

News  ·  8 May 2020
CBDCs

4 Ways COVID-19 Will Bring Banks and Regulators to Crypto

Consensus:Distributed speaker and CoinDesk columnist Ajit Tripathi argues the pandemic will normalize the use of CBDCs and cryptocurrencies.

Policy & regulation  ·  5 May 2020
China

Starbucks, McDonald’s Among 19 Firms to Test China’s Digital Yuan: Report

The food and beverage giants are among the restaurants and retail shops reportedly on a local government list for testing of China's central bank digital currency.

Business  ·  23 April 2020
CBDCs

Dutch Central Bank Wants to Be European Union’s CBDC Proving Ground

The Dutch Central Bank is making a bid to become the European Union’s proving ground for a central bank digital currency.

Policy & regulation  ·  21 April 2020
CBDCs

Facebook’s ‘Scaled Back’ Libra Proposal Is More Dangerous Than You Think

With stablecoin announcements from China and Libra in the same week, the war over the future of money is reaching a new height, says our columnist.

Markets  ·  21 April 2020
China

Chinese State-Owned Bank Offers Test Interface for PBoC Central Bank Digital Currency

The Agricultural Bank of China has rolled out an internal test interface for the nation's central bank digital currency, allowing whitelisted users to register and trialing certain functions.

News  ·  14 April 2020
CBDCs

Private Companies Could Play Role in Digital Currency Issuance, Bank of England Says

Analysts from the U.K.'s central bank said private currencies could work alongside any future CBDC initiative if they offered real utility.

Policy & regulation  ·  7 April 2020
China

China Will ‘Undoubtedly’ Pursue Digital Yuan, Central Bank Says

The People’s Bank of China has sent one of its strongest signals yet of a commitment to creating a digital national currency.

Policy & regulation  ·  6 April 2020
CBDCs

South Korean Central Bank Accelerates Digital Currency Pilot to Keep Up With Other Nations

The Bank of Korea has historically been skeptical about CBDCs, but now it's having to keep up.

Policy & regulation  ·  6 April 2020
CBDCs

BIS Researchers Say Coronavirus Could Spur Central Banks to Adopt Digital Payments

BIS researchers think COVID-19 may accelerate the adoption of digital payments and sharpen the debate over central bank digital currencies.

News  ·  3 April 2020
CBDCs

How Central Banks Could Use Digital Cash to Deliver Universal Basic Income

Central banks are well placed to deliver regular, no-questions-asked monthly payments to everyone, and to manage any ensuing inflation.

Policy & regulation  ·  30 March 2020
Digital Currency

The Pandemic Gives Digital Currencies Another Chance to Shine

Which digital currencies are most useful in a crisis, asks a Brazilian central banker. CBDCs, bitcoin or libra?

Policy & regulation  ·  24 March 2020
CBDCs

Digital Pound Could Present ‘Challenges’ for UK, Says Mark Carney

The outgoing governor of the Bank of England highlighted the potential risks to monetary governance if a central bank digital currency were to be launched in the U.K.

Policy & regulation  ·  12 March 2020
Markets

That Noise You’re Hearing? Central Banks Struggling to Evolve

Noelle Acheson looks at the evolving role of central banks in the context of the current crisis, and what that could mean for crypto.

Policy & regulation  ·  11 March 2020