The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said.
Digital ruble is ‘highest form of money’, Russian Bitcoin critic says
The digital ruble will become an integral part of national settlements by 2023 or 2024, Anatoly Aksakov of the Russian State Duma predicted.
Bahamas’ Sand Dollar nears commercial rollout as interoperability completed
Following cybersecurity assessments, commercial institutions are being cleared to issue the world’s first CBDC — the Bahamas’ Sand Dollar.
China’s digital yuan os backup to AliPay and WeChat Pay, says official
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China.
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.
German federal bank runs successful blockchain system without a CBDC
Executives at the Deutsche Bundesbank are eager to launch a blockchain-based system without the need for a CBDC — and they just might succeed.
China’s digital yuan will offer best privacy protection, says official
The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs.
Nigeria’s central bank not discouraging people from trading crypto, says governor
The governor of the Central Bank of Nigeria has seemingly softened his stance on crypto for individuals, if not banks.
Bank of Thailand plans to regulate asset-backed stablecoins this year
After issuing a warning against a Baht-pegged stablecoin produced by a South Korea-based firm, Thailand plans to introduce a series of regulations for stablecoins in 2021.
BIS: CBDC Research Gaining Steam but Widespread Issuance Years Away
Central banks remained adamant cryptocurrency does not factor into their CBDC calculus.
Proposed Chinese Law Outlaws All Yuan-Pegged Tokens – Except for Its CBDC
The new version will essentially also clear the way for the digital yuan to be the one and only official yuan-pegged token in mainland China.
The History, Present and Future of Central Banks, Feat. George Selgin
The Director of the Cato Institute’s Center for Monetary and Financial Alternatives gives an eye-opening, 200-year history of today’s most powerful economic institution.
Central Banks Are Privacy Providers of Last Resort
If central banks issue digital currencies, they’ll be thrown into a debate about financial privacy in the modern era. Is that what they want?
What Happens When Currencies Fail? Feat. Preston Pysh
Massive and novel government intervention in markets is now a foregone conclusion, but what happens to bitcoin as the dust settles?
What Happens When Currencies Fail? Feat. Preston Pysh
Massive and novel government intervention in markets is now a foregone conclusion, but what happens to bitcoin as the dust settles?
Bank of England’s Stablecoin Ruling Targets Financial Stability, Exec Says
Financial stability was a key factor in the Bank of England’s decision to hold stablecoin payment systems to the same regulatory standards as existing payment chains.
Bank of England’s Stablecoin Ruling Targets Financial Stability, Exec Says
Financial stability was a key factor in the Bank of England’s decision to hold stablecoin payment systems to the same regulatory standards as existing payment chains.
ECB’s Lagarde: We Want to Develop Digital Currencies but Won’t Discourage Private Initiatives
Lagarde said the ECB will continue researching CBDCs and will not stand in the way of any private initiatives.
Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report
The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo.
Burundi Central Bank Director: ‘Strong Measures’ Will Be Taken Against Crypto Traders
The Republic of Burundi banned all cryptocurrencies, stating the volatile, speculative and unregulated asset class presents too much risk for citizens.