“The dollar’s status as the key global currency won’t change so easily,” BOJ’s head of payments told Bloomberg.
Riksbank Governor Ingves said Sweden is entering a post-cash era.
Existing payment players have a head start in the race to integrate central bank digital currencies worldwide, says our columnist.
The BoJ says a set of common rules would lay the groundwork for efficient cross-border payments.
The digital ruble will live in a hybrid technological platform combining distributed ledger technology and centralized control by the central bank.
Peter Thiel is both right and wrong in calling bitcoin a tool that could empower China and challenge the U.S. dollar.
The greenback has something else going for it cryptocurrencies don't: the bond market, notes Marc Chandler.
Blame governments, not technology, for costly and inefficient international payments. But private cryptocurrencies could help.
Thailand’s central bank is open to accepting public feedback on its retail CBDCs by 15 June this year.
"Digital nature alone" will not be enough to give any one CBDC an edge as an international reserve asset, the BIS general manager asserts.
China is leading major nations in the development of a CBDC but the digital yuan project has raised concerns.
The Bundesbank has been looking for settlement solutions that do not require a CBDC.
The Bank of Jamaica will pilot the CBDC in its fintech regulatory sandbox from May to December.
The crypto asset could be used as a "neutral bridge" between different currencies, Ripple says.
The central bank needs to balance privacy for users with "international consensus" on risk control, the director of the PBoC's Digital Currency Research Institute said