BIS, IMF, World Bank Say Central Banks Must Consider Cross-Border Implications of CBDCs

Central banks are focusing on domestic CBDC use, even though the implications go beyond borders.

News  ·  9 July 2021

France Tests CBDC Flows With Singapore Using Automated Liquidity Pool

Running on JPMorgan’s Onyx blockchain, it was the first cross-border CBDC transaction to use automated-market-making smart contracts.

Business  ·  8 July 2021

Jamaica’s Central Bank to Start CBDC Pilot With Financial Institutions in August

The bank plans to expand the trial between September and December.

News  ·  7 July 2021

Reserve Bank of New Zealand to Consult on Potential CBDC

One central bank official says the future "will undoubtedly involve less cash."

News  ·  7 July 2021

Bank of France Carries Out Fifth CBDC Experiment With BNP Paribas, Euroclear

“This experiment made it possible to test the integration of issuance and settlement activities, including exchanges on the secondary market,” said the Bank of France.

News  ·  5 July 2021

Japan’s CBDC to Get a Clearer Picture by 2022 Says Government Official: Report

The official also said more details on the CBDC's design may kick up a debate on how its issuance could impact financial institutions.

News  ·  5 July 2021

Ukraine Puts CBDC On Par With Cash in New Payments Law

The Ukrainian legislation now lists the future central bank digital currency as a kind of money similar to cash or bank accounts.

News  ·  1 July 2021

China’s CBDC Trials Reach Beijing Subway

Passengers with Industrial and Commercial Bank of China's mobile app can use the digital yuan to pay their fares.

News  ·  30 June 2021

Stablecoins and CBDCs: Private Vs. Public Monetary Innovation

A Federal Reserve official praised stablecoins over CBDCs, yesterday. The debate cuts right to role of government in money.

Policy & regulation  ·  29 June 2021

Singapore’s Central Bank, IMF Launch Global Challenge for CBDC Solutions

The Monetary Authority of Singapore’s “Global CBDC Challenge” will be supported by Amazon Web Services, Mastercard, Hyperledger and others.

Policy & regulation  ·  28 June 2021
Digital Currency

Swiss National Bank Has No Plans for a Digital Currency: Report

The Swiss National Bank tested the feasibility of CBDCs in 2020.

News  ·  26 June 2021

Palestine’s Central Bank Reportedly Mulling a CBDC Launch

Palestinians do not have an independent currency, and rely on the Israeli shekel and Jordanian dinar.

Policy & regulation  ·  24 June 2021

BIS Says Bitcoin Has Few Redeeming Attributes

Cryptocurrencies are "speculative assets rather than money" used in many cases to facilitate financial crime, the central bank organization said.

News  ·  23 June 2021

Bank of Israel Has Already Tested a Digital Shekel

The official said he is not optimistic about an Israeli CBDC being launched.

News  ·  21 June 2021

Banque de France Extends Wholesale CBDC Experiment

The French central bank used a CBDC to simulate the settlement of securities trading.

News  ·  21 June 2021