A director at the IMF has spoken of the value the private sector could bring to central bank digital currencies, should they be adopted by nations.
Czech Central Bank Board Member Criticizes CBDCs as ‘Helicopter Money’
The Czech National Bank’s Tomas Holub said in an interview that central bank digital currencies raise more questions than answers right now.
Bank of Japan Forms New Team to Explore Central Bank Digital Currency
The Bank of Japan is warming to digital currencies and now has a team dedicated to researching a possible digital yen.
Bank of England Considering a Central Bank Digital Currency, Governor Says
The U.K.’s central bank is discussing the possibility of launching a digital currency, perhaps in several years.
Central Banks Cannot Print Jobs: Understanding Real Economic Recovery, Feat. Daniel Lacelle
A leading economist shares why crisis-time central bank policies are saving zombie companies while hurting small businesses and startups.
Sri Lanka’s Blockchain Bank KYC Platform to Enter Development ‘Shortly’: Central Bank
The Central Bank of Sri Lanka is about to decide who will develop a blockchain platform that could speed up the processing of bank users’ ID information.
Zimbabwe Halts Mobile Transactions as Hyperinflation Spurs Currency Flight
Zimbabwe’s central bank, seeking to block attempts to avoid the country’s hyperinflation, halted all transactions conducted by “mobile money agents” this week.
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.
Canada’s Central Bank Is Serious About Designing a CBDC, Job Posting Reveals
The Bank of Canada is preparing to design its own central bank digital currency (CDBC), detailing its plans in a new job posting.
Korea’s Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch
The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance.
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.
Saudi Monetary Authority Pumped Some of $13B Bank Infusion Using Blockchain
The central bank claims to have distributed ‘part’ of a recent $13 billion bank “liquidity enhancement” using blockchain tech.
Bank of Russia Wants to Put Mortgage Issuance on a Blockchain
Russia’s is eyeing use cases for blockchain even as proposed legislation will clamp down on crypto.
India’s Central Bank Removes Lingering Confusion Over Banking for Crypto Firms
India’s commercial banks can indeed provide banking services to traders and firms dealing in cryptocurrencies, the RBI has clarified.
First Mover: Bitcoin Could Get a Boost From Central Bank Digital Currencies
CBDCs might seem to be anathema to the mission statement of bitcoin, but they may prove to be a valuable on-ramp for new investors.
Central Banks Mull Creating a CBDC, but Not on a Blockchain: Survey
Forty-six central banks would consider a broader form of distributed ledger technology for a CBDC but aren’t crazy about putting it on a blockchain.
CipherTrace Wants to Guide Central Banks on Their Digital Currency Projects
The blockchain analytics firm is launching an initiative to pitch itself to central banks as both a tech partner and a guiding influence on future digital currency projects.
New Zealand’s Central Bank Is Hiring a Money Futurist
New Zealand’s central bank is looking for a Head of Money and Cash to focus “on the future of money” and be a “thought leader” for digital currency.
Argentina’s Central Bank Trials Blockchain for New Interbank Settlement Layer
The trial for a faster, more transparent clearing system involves some of the country’s largest banks.
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.