CBDC
Crypto Ban May Not Be Best Approach to Balance Risk, Demand: IMF
The IMF recommended that countries focus on addressing the drivers of crypto demand and unmet digital payment needs.
Some U.K. Lobbyists Argue Digital Pound Should Be Interoperable with Crypto
Lobby groups and crypto companies in the U.K. are generally welcoming of the government's plans for a digital pound, but some of them believe the currency should be interoperable with crypto in order to be suitable for the future. "The Hash" panel weighs in on privacy concerns surrounding central bank digital currencies (CBDCs).
Central Banks Introduce CBDC, Stablecoin Standards With Amazon, Grab Running Trials
The Monetary Authority of Singapore (MAS) has proposed standards for using digital money, including central bank digital currencies (CBDCs) and tokenized bank deposits, on a distributed ledger. "The Hash" panel breaks down the technical white paper produced by the agency with the International Monetary Fund (IMF) and other financial institutions.
Central Banks Propose CBDC, Stablecoin Standards With Amazon, Grab Running Trials
The Monetary Authority of Singapore (MAS), in collaboration with the IMF and other central banks, is proposing common conditions for retail payments with digital money on a distributed ledger.
Digital Euro: The Bill Is Ready but Politicians Aren’t Convinced
A plan to legislate for the central bank digital currency may still be on track for publication, but there is still significant political skepticism about the purpose.
EU Commission’s Digital Euro Bill Back on Track for June 28, Lead Official Says
The controversial central bank digital currency proposals had been removed from the EU executive’s agenda.
Unified Ledger for CBDCs, Tokenized Assets Could Enhance Global Financial System: BIS
“This would be a game-changer in how we think about money and how transactions take place,” said the central bank group’s Head of Research Hyun Song Shin.
Tokenization Could Be a $5T Opportunity Led by Stablecoins and CBDCs: Bernstein
About 2% of global money supply, via stablecoins and CBDCs, could be tokenized over the next five years, which is about $3 trillion, the report said.
EU Legislation for Digital Euro Is Put on Hold: Source
A bill covering privacy and distribution of the central bank digital currency, originally scheduled for June 28, will be delayed
Miami Mayor Francis Suarez: Banning CBDC Is 'Necessary but Not Sufficient'
Miami Mayor and 2024 Presidential candidate Francis Suarez addresses why "it's necessary but not sufficient" to ban central bank digital currencies in the United States. Plus, why Florida Governor Ron DeSantis is "taking a very safe position" with his efforts to ban CBDCs in the state.
