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US Fed researcher says CBDCs should beat Big Tech payments on privacy protection
23.11.2020
The paper also put forward CBDCs as solutions to high transaction fees and the energy use of mining cryptocurrencies like Bitcoin
Suzhou to launch digital yuan 'red envelope' trial for Double 12 event
23.11.2020
Tied in with a national shopping event, the trial will add "offline" and "touch" functionality
Ripple seeks director to engage with central banks on digital currency
23.11.2020
Ripple is looking to define its strategy regarding central bank digital currencies
China’s Xi Asks G20 Countries to Be ‘Open and Accommodating’ to CBDCs
21.11.2020
In a wide-ranging speech, Xi said that the G20 group “needs to discuss developing standards and principles for central bank digital currencies.”
The US election seals China's victory in digital currency supremacy
21.11.2020
While there is an unclear future for digital currency development under Joe Biden’s presidency, China is leading the race
IMF lawyers argue that central banks need reform before they can issue CBDCs
20.11.2020
New and developing research from the International Monetary Fund suggests that central banks around the world need new legal definitions for tokenized currencies
Central Bankers, Experts Outline Possible Scenarios for CBDC Adoption
20.11.2020
Central bank digital currencies can have broad implications for the global balance of power, experts say
Singapore ready to launch wholesale CBDC, local exec says
20.11.2020
CFO at Singapore's central bank told Cointelegraph about his plans to implement Singapore's wholesale CBDC
ECB Suggests that Losing CBDC Race Could Have ‘Spillover’ Consequences
20.11.2020
The race to become the first major global economy to issue a central bank digital currency (CBDC) has just intensified – with the European Central Bank (ECB) seemingly admitting that when it comes to CBDC launches, it may pay to be first.
These were the findings of a new paper authored by Massimo...
MyEtherWallet founder weighs in on the most crypto-friendly country
19.11.2020
Crypto-friendly regulation may be in the eye of the beholder
BoE policymaker says digital currencies could be part of ‘new monetary order’
19.11.2020
BoE policymaker Andy Haldane believes a widely-used digital currency could have a positive impact on financial stability
Japan's megabanks to lead experiment with digital yen
19.11.2020
Could a new, coordinated effort to digitalize the Japanese economy be strong enough to compete with residents' persistent use of cash?
UK’s CBDC Could Facilitate Negative Interest Rates - Bank of England
19.11.2020
Should the Bank of England decide to issue a widely used central bank digital currency (CBDC), the move could help the country’s economy to benefit from negative interest rates, according to Andy Haldane, the central bank’s Chief Economist and Member of the Monetary Policy Committee.
“On...
Former Bank of Japan exec says Japan will need years to issue digital yen
17.11.2020
A former Bank of Japan official is concerned about a digital yen triggering massive outflows from private bank deposits
Central bank digital currencies are dead in the water
15.11.2020
CBDCs won’t fundamentally be changing anything — central banks still want to control your wealth and your money
Ukraine is prepared to lead Eastern Europe’s crypto space
15.11.2020
The Ukrainian government is making serious steps toward crypto to make the country a leader in Eastern Europe
Privacy should be at the core of CBDCs, says Boston Fed research director
13.11.2020
Privacy should be a key talking point from the beginning of CBDC development
BIS head says physical cash still important, even if CBDCs take over
13.11.2020
BIS Innovation Hub head Benoît Cœuré stressed the importance of maintaining multiple payment options beyond just CBDCs
"Banks will have to adjust" to crypto, says Bank of England leader
13.11.2020
Jon Cunliffe, one of the leaders of England's central bank, said banks must adapt to the changes brought on by digital assets
EU will decide on digital euro in January 2021: ECB president
12.11.2020
“At that point in time we will make the decision as to whether or not we go forward with the digital euro.”