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Central Bank Digital Currencies May Drive Cash ‘Shadow Economy’ to Crypto: Reuters
17.2.2021
"Shadow economy" participants, those who use deal mostly in hard cash for anonymity's sake, are unlikely to be drawn to using a CBDC, according to a Reuters column
World’s Oldest Central Bank Extends Digital Currency Test Till 2022
17.2.2021
Sweden's Riksbank said it would continue work with Accenture on a potential e-krona digital currency until next year
PayPal Wants to Be a CBDC Distributor
11.2.2021
The digital currencies could be distributed through PayPal’s digital wallets, the company’s CEO said
Japan’s Finance Minister Calls on G7 to Discuss CBDCs at Talks Friday
9.2.2021
Japan’s finance minister Taro Aso suggested on Tuesday that the G7 finance ministers should have discussions over central bank digital currencies (CBDCs) in Friday’s virtual meeting. Read more: G7 Officials Stress Need to Regulate Digital Currencies: US Treasury
South Korean Central Bank: Build Legal Boundary Between CBDCs & Crypto
8.2.2021
Source: Adobe/Снежана Кудрявцева
The South Korean central bank – the Bank of Korea (BOK) – wants Seoul to draw a line between central bank digital currencies (CBDCs) and cryptoassets, and hopes the government will make an eleventh-hour adjustment to a key crypto law that promulgates next month.
The...
Bank of Korea: CBDCs Are Fiat Currency Not Virtual Assets
8.2.2021
Some legal changes would be needed before a potential central bank digital currency launch in South Korea, research indicates
Economists: CBDCs to ‘Flop’ if They Aren't Designed as Stores of Value
2.2.2021
Source: Adobe/Сергей Шиманович
Central bank digital currencies (CBDCs) could become a store of value, a new paper claims – a move that could help them avoid becoming “a gigantic flop.”
These were the findings of two economics experts at the University of Wuerzburg, in Germany, who published their...
US Federal Reserve Seeking Manager to Research CBDCs and Stablecoins
2.2.2021
The U.S. Federal Reserve (Fed) has posted a job advertisement that seeks to hire a role related to stablecoins and central bank digital currencies (CBDC). The Fed is looking for a research manager to join its team to assess the “benefits and risks” of digital assets. The Role Is Part...
US Federal Reserve Looking to Hire a Manager to Research Stablecoins and CBDCs
29.1.2021
The job listing follows comments made by Fed Chair Jerome Powell in recent weeks where he said the central bank needed “better regulatory answers” for global stablecoins
China, Singapore Look Ahead to CBDC Future at World Economic Forum
28.1.2021
A former deputy governor of the People’s Bank of China compared notes with the chairman of the Monetary Authority of Singapore
The Future of Money in the Multiverse
25.1.2021
It's 2028 and central banks, Big Tech companies and the "deplatformed" are establishing their own worlds of digital money
Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22
22.1.2021
Retail users may have to wait in much of the world, however
COVID-19 Pandemic Accelerated Rollouts Of 'Game-Changing' CBDCs
22.1.2021
Hastened by the pandemic, central bank digital currency (CBDC) initiatives will roll out in the next couple of years, becoming a "game-changer," industry insiders told Cryptonews.com.
It’s the COVID-19 pandemic which we have to thank for “greatly accelerat[ing] the push for digital...
BIS Plans Platform for Testing Central Bank Digital Currencies in Cross-Border Payments
22.1.2021
The new platform was announced as part of the BIS Innovation Hub's priorities and programs for 2021
Horizen Labs' co-founder says CBDCs could raise Bitcoin awareness
19.1.2021
Central Bank Digital Currencies, or CBDCs, will likely affect Bitcoin in some fashion
French Central Bank Trials Digital Currency for Interbank Settlement
19.1.2021
The pilot involved the settlement on a private blockchain of around €2 million
Former Canadian Prime Minister Lists Bitcoin as Possible Future Reserve Currency
18.1.2021
Stephen Harper said "the number of things that people use as reserves will expand," but the U.S. dollar will still retain its dominant role
Jerome Powell on CBDCs: ‘We Don’t Feel a Need to Be First’
14.1.2021
The U.S. is going slow on central bank digital currencies (CDBCs) considering the risks they may pose to the dollar’s dominance, the Fed Chair said Thursday
First Mover: Forget Facebook’s Stablecoin. Now It’s $700B Bitcoin In the Crosshairs
14.1.2021
Bitcoin's powerful move over the past couple months to a market value of more than $700 billion is suddenly commanding more attention from global financial regulators.
Bitcoin in Race for Adoption Before Central Banks Launch Digital Currencies: Australia’s Macquarie
13.1.2021
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