La participación de la moneda estadounidense en las reservas mundiales no ha dejado de disminuir desde hace años. ¿Tomará el euro, yuan o bitcoin su lugar en el centro de las finanzas mundiales?
The dollar's share of global reserves has declined steadily for years. Will the euro, yuan, or bitcoin take its place at the center of global finance?
Rakiya Mohammed, the bank's information technology director, revealed the date during a private webinar on Thursday.
We shouldn't ignore the risks that stablecoins potentially pose to the financial system, says our columnist.
The launch of the Nordic hub marks the fifth BIS Innovation Hub Centre to be opened in the past two years.
The Colonial Pipeline saga illustrates what may be a vulnerability with digital currency issued by central banks.
If the U.S. government doesn’t lead financial innovation, China will leapfrog it and control the world’s emerging monetary infrastructure.
The U.S. economy is "not out of the woods yet," said Dallas Fed President Robert Kaplan.
Through the committee, the BOJ said it will update the private sector and policymakers and seek input on the next steps regarding a CBDC.
China is leading major nations in the development of a CBDC but the digital yuan project has raised concerns.
The Bank of Jamaica will pilot the CBDC in its fintech regulatory sandbox from May to December.
The Bahamian Sand Dollar can now be used for payments anywhere Mastercard is accepted.
With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce.
Deputy Governor Jon Cunliffe says protecting bank business models is not BoE's responsibility.
Some speculate that if the Fed implements a digital dollar, soaring inflation will soon follow.