CBDCs

CBDCs

Shenzhen to Double Digital Yuan Giveaway in China’s Latest Lottery Test

The latest digital currency giveaway is aimed to gauge user experience ahead of an expected launch.

Policy & regulation  ·  4 January 2021
CBDCs

Crypto Dollars and CBDCs: The Battle to Come

The future of money will be a tussle between algorithmic and fiat-pegged stablecoins and central bank digital currency experiments.

People  ·  31 December 2020
CBDCs

CBDCs: An Idea Whose Time Has Come?

Almost 50 monetary authorities and central banks are researching and developing wholesale or retail CBDCs. What does 2021 hold in store?

Policy & regulation  ·  30 December 2020
CBDCs

Charting Asia’s Dominant FinTech Frontier

Asia looks poised to continue its trajectory towards digital dominance, says the co-founder of Zilliqa.

People  ·  28 December 2020
CBDCs

That Decoupling Sound: China, the US and a Year of CBDCs

This year China and the U.S. faced off over trade and technology bans. But the battler for monetary hegemony has only just begun.

People  ·  28 December 2020
CBDCs

Central Banks Had to Up Their Money Game This Year – And They Did

Faced by the rise of stablecoins and other blockchain experiments, central banks had to up their monetary game – and they did.

Policy & regulation  ·  21 December 2020
DeFi

Compound’s New Blockchain Readies DeFi for Central Bank Digital Currencies

"We want to announce the designs for a blockchain that can scale Compound over the next century," Compound founder Robert Leshner told CoinDesk.

Business  ·  17 December 2020
China

Ex-People’s Bank Chief Says Digital Yuan Not Planned to Replace Global Currencies

"We are not like libra and we don’t have an ambition to replace existing currencies,” said a former governor of the People's Bank of China.

News  ·  14 December 2020
CBDCs

SDX Chief Gets Philosophical About Crypto’s Swiss-Singapore Connection

The crypto corridor connecting Switzerland and Singapore is firming up, involving many of the usual suspects in banking, custody and trading.

Business  ·  11 December 2020
CBDCs

Swiss Wholesale CBDC Trial Shows ‘Feasibility’ for Central Bank Money on Distributed Ledger, BIS Says

A Swiss experiment on how central bank money can be linked to markets built on distributed ledger technology (DLT) yielded positive results.

News  ·  3 December 2020
CBDCs

Bilateral Saudi, UAE Digital Currency Experiment Shows Benefits of Distributed Ledgers, Central Banks Say

A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.”

News  ·  29 November 2020
Russia

Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal

Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.

Policy & regulation  ·  27 November 2020
Japan

Digital Yen Would Make Crypto Markets ‘More Lively,’ Says CEO of Monex Group

Oki Matsumoto said a central bank digital currency would make it easier to convert cryptocurrency into legal tender.

Markets  ·  25 November 2020
CBDCs

Privacy, Power, Fiscal Policy, the Poor: 4 Reasons to Worry About CBDCs

As central banks everywhere gear up to launch digital currencies, it's time to consider the possible downsides.

Policy & regulation  ·  23 November 2020
CBDCs

What the History of Airlines Tells Us About Blockchain Commerce

The ability to represent all industrial capacity as tokens on a blockchain will have huge implications for resource use, says our columnist.

Policy & regulation  ·  18 November 2020