CBDC

The Bank of International Settlements conducted the project in partnership with central banks from France, Singapore and Switzerland

BIS head Agustin Carstens believes that the right legal framework is key for issuing CBDCs

Sensible crypto legislation in the US remains “a live issue” but has hurdles to overcome, USDC issuer’s policy head says

Pilot trial shows CBDC platform speeds up cross-border payments, cuts costs and improves transparency, HKMA’s Eddie Yue said

In an interested change of pace Wednesday, it was Democrats calling for increased US action in developing blockchain technology in order to keep America as the dominant global financial leader

Competitive Enterprise Institute weighs in on Rep. Tom Emmer’s bill and effort to shape US policy on CBDCs

A CBDC in the US could erode financial privacy and “upend the commercial banking system,” witnesses argued at a Thursday hearing

A centralized and government-controlled single point of financial information raises concerns not only about security, but also with privacy

CBDCs are not an immediate concern, the authors said, but the government should prioritize creating regulatory standards for stablecoins

The Bank of Canada is “committed” to being ready to move on a CBDC “should the need arise”

The pilot program for the digital currency will begin on August 15

The CBDC pilot will be implemented on Aug. 1, 2023

At least three Federal Reserve outposts are actively seeking candidates to join their teams for CBDC research and improving current systems

The ambitious effort by the Federal Reserve has been in the works since 2019, and the lag has given stablecoins a lot of room to run

Pending approval from Vladimir Putin, the law will go into effect in less than a month on Aug. 1, 2023

60% of banks surveyed said stablecoins accelerated CBDC work

CBDC research has been growing so quickly that it’s almost impossible to give it the attention it deserves — and CBDCS do deserve our attention

Canadians seem open to CBDC adoption, but there’s still concerns about privacy, fraud, cyberattacks and loss of financial control

The central bank is exploring how to organize financial transaction settlements by developing a tokenized financial system

A recent white paper looks into possible business and operating models as well as outlining how purpose-bound money would work

Central banks could adopt a global ledger system that plugs into their own domestic CBDC platforms, according to an IMF insider

There are still no formal plans for a US digital dollar, with the Treasury continuing to explore what a CBDC might look like

The Australian central bank hasn’t made a decision on a CBDC, but it is “actively engaging” in research

Two lords are pushing for the government to ensure that the Bank of England could not implement “Britcoin” without legislative backing