The United Kingdom is the latest country to begin exploring the possibility of creating a central bank digital currency.
Jamaica’s central bank taps Irish tech outfit for CBDC project
The Bank of Jamaica has partnered with an Ireland-based tech firm for its central bank digital currency project scheduled to begin in May.
Mastercard Launches Prepaid Card for World’s First CBDC in Bahamas
The Bahamian Sand Dollar can now be used for payments anywhere Mastercard is accepted.
Bitcoin in Race for Adoption Before Central Banks Launch Digital Currencies: Australia’s Macquarie
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.
Bank of England Official Balks at Shielding Banks Against Digital Currencies: Report
Deputy Governor Jon Cunliffe says protecting bank business models is not BoE’s responsibility.
Debate Rages on Whether a Digital Dollar Will Unleash Inflation
Some speculate that if the Fed implements a digital dollar, soaring inflation will soon follow.
E-Krona or Bust, Says Sweden’s Chief Central Banker, Trying to Drag Swedish Govt Into Digital Age
Riksbank Governor Stevan Ingves sees a Swedish digital currency as an imperative for his central bank.
Central Banks Haven’t Made a Good Case for Digital Currencies: WSJ’s Heard on the Street
Central banks are rushing into digital currencies without considering how the risks might outweigh any benefits, the column argues.
Are Central Bank Coins the End of Financial Privacy?
As the European Union gets more serious about a digital euro, most central bank digital currencies intend to remove the anonymity of cash.
Boston Fed Wants to Hire a Digital Currency Engineer
The one-year position will work on the Applied Fintech Research team’s digital currency experiments.
World’s Oldest Central Bank Reviews Possible Digital Currency With Mixed Results
Sweden’s Riksbank has looked into the viability of central bank digital currencies for its local market.
Custody Provider Copper Joins Think Tank to Bridge Gap Between Traditional Finance and Crypto
Crypto custodian Copper is joining the Official Monetary and Financial Institution Forum’s new think tank to discuss how central banks are evaluating digital currencies.
Fed Paper: Central Bank Digital Currencies Could Replace Commercial Banks – But at a Cost
The research explores how “central banking for all” via digital currency could affect commercial banks.
Money Reimagined: Designer Money for a Machine-Run Post-COVID World
The pandemic is likely to accelerate a shift to automation, putting people out of work and raising the need for new types of money.
How the COVID-19 Crisis Revived the Digital Dollar Debate
Some Americans are still waiting for stimulus support. Would a digital dollar have helped disburse funds? Here’s a breakdown of the debate.
How the COVID-19 Crisis Revived the Digital Dollar Debate
Some Americans are still waiting for stimulus support. Would a digital dollar have helped disburse funds? Here’s a breakdown of the debate.
Digital Dollars Give the State Too Much Control Over Money
Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law.
Digital Dollars Give the State Too Much Control Over Money
Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law.
Inside China’s Plan to Power Global Blockchain Adoption
China is about to launch its national blockchain platform, part of Beijing’s grand strategy to lead the digital transformation of the world economy.
China Will ‘Undoubtedly’ Pursue Digital Yuan, Central Bank Says
The People’s Bank of China has sent one of its strongest signals yet of a commitment to creating a digital national currency.