CBDC

The House Commerce Committee reportedly voted 15-5 in favor of passing a bill that blocks the use of a federally-backed CBDC under Florida law

Digital assets can reduce the difference between interest rates that banks charge for loans and the interest rates they pay to depositors, US Treasury said in a report

A mix of small and large financial institutions have declared intent to start using the FedNow service

When industry members complain about invasive surveillance that comes with CBDCs, some say it’s too early in the game to make that judgment

“CBDC is one of several options for upgrading the legacy capabilities of central bank money,” a Treasury official said

Crypto technology (blockchain) can help to speed payments and settlements and enhance security and compliance, the IMF argues

Digital rights group Fight for the Future reckons Rep. Emmer’s bill would allow the private sector to profit from an eventual US CBDC

New paper considers the case for a digital pound with the help of crypto technology, but concludes it’s too early — at least for now

A two-year study from TASCOMBANK, for the most part, adds a Stellar splash of fuel to the developing crypto economy of Ukraine

In a sign of the times, China is incorporating its digital yuan CBDC into official cash figures, although it still makes up a tiny fraction

Nigeria’s central bank is capping cash withdrawals for individuals to $224 a week

One CBDC initiative is primed to make commercial banks the unfit beneficiary of government research, politicians say

Bank Indonesia joins dozens of central banks across the world in exploring a CBDC, starting with a fresh white paper

Project Cedar will investigate CBDC design choices and technical features, the NY Innovation Center said

Canada is opening consultations with crypto industry stakeholders as part of a formal legislative review of the financial sector

The central bank of India reckons cryptocurrencies pose a threat to financial stability and it’s pushing a CBDC as one potential fix

TradFi veteran brings real-time payments background at Mastercard to crypto custody firm

35% of respondents are unaware that bank laws don’t apply to the segment, according to Independent Community Bankers of America survey

The CBDC project will explore the viability of DLT tech via payment and settlement use cases for Australian households and businesses

Crypto provides promising technological possibilities but cannot fulfill the high-level goals of a digital monetary system, according to the institution

Central banks should steer clear of proof-of-work protocols, the international institution says

Jamaica’s senate authorized the Bank of Jamaica to issue Jam-Dex, which is launching later this month, as legal tender

Fireblocks’ Varun Paul says central banks feel growing pressure to offer alternative to stablecoins

Emerging markets are at the forefront of the CBDC movement because these economies have a unique need for the technology, industry participants say

Industry members weigh in on how the fall of TerraUSD might affect government policy relating to a central bank digital currency