Central Banks

CBDCs

CipherTrace Wants to Guide Central Banks on Their Digital Currency Projects

The blockchain analytics firm is launching an initiative to pitch itself to central banks as both a tech partner and a guiding influence on future digital currency projects.

Business  ·  12 May 2020
CBDCs

New Zealand’s Central Bank Is Hiring a Money Futurist

New Zealand’s central bank is looking for a Head of Money and Cash to focus "on the future of money” and be a "thought leader" for digital currency.

News  ·  8 May 2020
Research

Libra Has a Flawed Crisis Model, Says Ex-IMF Economist

Libra's revised whitepaper resembles clearinghouse certificates that the U.S. used to prevent bank runs before the Federal Reserve was created, a former IMF economist says.

News  ·  28 April 2020
RSK

Argentina’s Central Bank Trials Blockchain for New Interbank Settlement Layer

The trial seeks a faster, more transparent clearing system and involves some of the country's largest banks.

Tech  ·  21 April 2020
China

China Will ‘Undoubtedly’ Pursue Digital Yuan, Central Bank Says

The People’s Bank of China has sent one of its strongest signals yet of a commitment to creating a digital national currency.

Policy & regulation  ·  6 April 2020
CBDCs

South Korean Central Bank Accelerates Digital Currency Pilot to Keep Up With Other Nations

The Bank of Korea has historically been skeptical about CBDCs, but now it's having to keep up.

Policy & regulation  ·  6 April 2020
CBDCs

BIS Researchers Say Coronavirus Could Spur Central Banks to Adopt Digital Payments

BIS researchers think COVID-19 may accelerate the adoption of digital payments and sharpen the debate over central bank digital currencies.

News  ·  3 April 2020
Federal Reserve

After Coronavirus ‘War,’ Bretton Woods-Style Shakeup Could Dethrone the Dollar

Seismic shifts might be in the offing for the global monetary system — a phenomenon that historically has occurred in the wake of world wars.

Markets  ·  27 March 2020
Opinion

4 Reasons Central Banks Should Launch Retail Digital Currencies

Central banks have four good reasons to adopt digital currency: financial stability, identity management, inclusion and consumer protection.

Policy & regulation  ·  21 March 2020
Cryptocurrency

80% of Australians Know About Crypto but Only 1% Use It: Central Bank Study

Fewert than 1 percent of surveyed Australians paid for consumer goods with cryptocurrency in 2019, according to a new study by the Reserve Bank of Australia.

Policy & regulation  ·  20 March 2020
Bitcoin

Experts Say the Fed’s QE Program Will Strengthen Bitcoin – One Way or Another

While QE may be anathema to crypto hardliners, some experts agree the net effect on bitcoin prices is positive.

Policy & regulation  ·  17 March 2020
Markets

That Noise You’re Hearing? Central Banks Struggling to Evolve

Noelle Acheson looks at the evolving role of central banks in the context of the current crisis, and what that could mean for crypto.

Policy & regulation  ·  11 March 2020
CBDCs

BIS Paper Reckons With P2P Payments, Tokenized Securities, Central Bank Digital Currencies

Researchers at the Bank for International Settlements say the future of payments may be peer to peer, but a number of considerations must be satisfied before distributed ledger-based systems can go mainstream.

Policy & regulation  ·  1 March 2020
CBDC

Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat

Central bank digital currencies have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains.

Policy & regulation  ·  24 February 2020
CBDCs

New Central Bank Group to Discuss Digital Currency Benefits at April Meeting: Report

The heads of six major central banks will hold their first meeting in April on potentially developing their own digital currencies, Nikkei says.

News  ·  6 February 2020