CBDCs

Surveillance

Notes From the WEF: The Coming Battle Between Surveilled and Private Money

Most Davos experts appear to agree that blockchain technology is best for data collection rather than self-sovereign finance.

Policy & regulation  ·  22 January 2020
CBDCs

CoinDesk at WEF 2020: Crypto Themes to Watch as Davos Gets Underway

Get your Fourth Industrial Revolution hardhats on. CoinDesk is at Davos to help you ponder the slew of problems ailing today’s global economy.

Policy & regulation  ·  20 January 2020
CBDCs

The Prospect of Building a New International Monetary System Is Getting Real

When world leaders gather in Davos next week, they'll confront an essential question, says Circle's Jeremy Allaire: Can they seize blockchain's ability to create value for people around the world?

Policy & regulation  ·  17 January 2020
China

Currency ‘Cold War’ Takes Center Stage at Pre-Davos Crypto Confab

Cryptocurrencies could be at the heart of a new Cold War, at least according to some investors at the Crypto Finance Conference in St. Moritz.

Policy & regulation  ·  16 January 2020
CBDCs

Former CFTC Officials Ramp Up Push for Digital Dollar With Accenture Partnership

Former CFTC Chair Chris Giancarlo and LabCFTC head Dan Gorfine are forming the Digital Dollar Foundation, working with Accenture to determine how best to create a U.S. central bank digital currency.

News  ·  16 January 2020
Cryptocurrency

ECB’s Lagarde: We Want to Develop Digital Currencies but Won’t Discourage Private Initiatives

Lagarde said the ECB will continue researching CBDCs and will not stand in the way of any private initiatives.

Policy & regulation  ·  8 January 2020
China

2020 Vision: 7 Trends Bringing Blockchain Into Focus in the Year Ahead

As the blockchain industry moves from experimentation to implementation, futurist David Shrier is following these seven bellwethers.

Tech  ·  23 December 2019
CBDCs

French Central Banker Advocates for Blockchain-Based Settlements in Europe

The central bank of France wants the eurozone to build a DLT-based settlement system that moves euros faster and more cheaply than existing tech.

Policy & regulation  ·  25 November 2019
Federal Reserve

Fed Reserve Evaluating Digital Dollar But Benefits Still Unclear, Says Chairman

Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits.

Markets  ·  20 November 2019
Russia

Russian Central Bank Chief: ‘No Obvious Need’ for National Cryptocurrency

Russia's central bank sees no strong reason to launch a national cryptocurrency that would override the potential risks, according to its chief.

Policy & regulation  ·  10 October 2019
China

China’s Central Bank ‘Close’ to Launching Official Digital Currency

An official at China's central bank has said the institution is nearing the launch of its national digital currency.

Policy & regulation  ·  12 August 2019
Regulation

Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash

A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so may require the country to abandon cash.

Policy & regulation  ·  5 July 2019
Regulation

Marshall Islands Sets Up Non-Profit to Oversee National Digital Currency

The Marshall Islands has set up a not-for-profit organization to oversee the Pacific nation's digital legal tender, the SOV.

Policy & regulation  ·  6 June 2019
Regulation

Bundesbank Chief Warns on Risks of Central Bank Digital Currencies

The head of Germany's central bank has said central bank digital currencies could destabilize financial systems and worsen bank runs.

Policy & regulation  ·  3 June 2019
CBDCs

ECB Official Says Wholesale Central Bank Digital Currency a ‘Viable Option’

A European Central Bank council member has come out generally in favor of wholesale central bank digital currencies.

Policy & regulation  ·  28 May 2019