cbdcs
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F09%2Fman-in-glasses-markets.jpg&w=1536&q=40)
The Permissionless conference in Austin, Texas, saw a conversation about institutional investors curious about opportunities in emerging markets
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F09%2FTom-Emmer.jpg&w=1536&q=40)
The law would block the Fed from issuing a retail CBDC and seeks to protect consumer privacy, Emmer said
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F09%2FMastercard-red-yellow.jpg&w=1536&q=40)
Mastercard is focused on “delivering choice” in how people pay with its new CBDC program
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F07%2FBanque-de-france.jpg&w=1536&q=40)
Distributed ledger technology could also enhance cross-border transactions for CBDCs
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F07%2FCBDC-token.jpg&w=1536&q=40)
BIS says a cyber attack on “critical infrastructure” could threaten potential CBDC framework
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F06%2FKristalina-Georgieva.jpg&w=1536&q=40)
IMF economists targeted Latin America and Caribbean regions on the topic of crypto for two reasons: high adoption and its history of “macroeconomic instability”
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F06%2Ftokenization-gold-tokens.jpg&w=1536&q=40)
The central bank for central banks is bullish on tokenization of deposits, following JPMorgan showing interest in the concept in February
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F06%2FCBDC-bowman.jpg&w=1536&q=40)
Kenya’s central bank doesn’t seem enamored by the idea of a CBDC but hasn’t slammed the door shut yet
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F05%2Fcapitol-hill-1.jpg&w=1536&q=40)
Bills targeting CBDCs and crypto-fueled drug trafficking have been introduced in Washington
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F05%2FCBDC.jpg&w=1536&q=40)
Some of the banks are getting to a point where “they may decide” for or against CBDC implementation
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F05%2Fdigital-dollar.jpg&w=1536&q=40)
By enabling offline use for CBDCs, a central bank could hope to achieve various public policy objectives including those closely aligned with its core mandate, the guide reads
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F05%2Fsad-bank-oped.jpg&w=1536&q=40)
Big banks eating up little banks might lead to a central bank digital currency in America
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2022%2F02%2FDelhi-India-2020.-RBI-logo-on-the-closed-iron-gate-of-Reserve-Bank-of-India-RBI.jpg&w=1536&q=40)
The central bank of India reckons cryptocurrencies pose a threat to financial stability and it’s pushing a CBDC as one potential fix
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2022%2F10%2FSwift-1.png&w=1536&q=40)
SWIFT is already being used to connect more than 11,500 banks and funds across 200 countries, making it a potentially excellent candidate for becoming the standard for cross-border CBDC settlements
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F03%2Fshutterstock_509535013.jpg&w=1536&q=40)
The CBDC project will explore the viability of DLT tech via payment and settlement use cases for Australian households and businesses
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2022%2F06%2FRegulation-legislation.jpg&w=1536&q=40)
The coexistence of CBDCs and stablecoins look increasingly likely as central bankers indicate a preference toward a wholesale CBDC.
Applicability of a digital Kenyan shilling is being weighed up by the country’s central bank, which is requesting public feedback
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2022%2F01%2Fbank-of-korea.jpg&w=1536&q=40)
The CBDC project has now moved into its second phase where various additional functions including offline payments will be tested
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F10%2FOTM_S01E60_Michael_and_AG_thumbnail.jpg&w=1536&q=40)
Mike Green & Alex Gladstein debate Bitcoin’s role in the U.S. and beyond by looking at several topics, from government response to taxation.
![article-image](/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2021%2F08%2FEmpire_S01E23_AvikRoy_b.jpg&w=1536&q=40)
Roy Capital Advisors managing partner Avik Roy shares his thoughts on CBDCs versus stable coins.
Get the daily newsletter that helps thousands of investors understand the markets.