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CBDCs
HSBC CEO Says Bank 'Not Into Bitcoin' Due to Concerns Over Volatility: Report
The CEO of one of Europe's largest banks points to bitcoin's volatility as the primary reason for not pursuing a digital asset trading desk.
5 Big Takeaways From Day 2 at Consensus
A first peak into the state-backed BSN, insights into the China bitcoin mining ban and more. Here's what you need to know from Consensus Day 2.
Fed's Brainard Says Global Growth of CBDCs Highlights Need for US to Develop Standards
Speaking at CoinDesk's Consensus 2021, Federal Reserve Governor Dr. Lael Brainard says the design of any central bank digital currency (CBDC) like a digital dollar would need to safeguard household payments and prevent illicit activity.
Fed's Brainard Breaks Down CBDC Policy Considerations, Sees Price Pressures Waning in the Future
The Federal Reserve governor discussed cryptocurrencies and a digital dollar at Consensus 2021.
About 80% of Central Banks Are Exploring CBDC Use Cases, Bison Trails Report Says
The potential launch of private cryptocurrencies such as the Facebook-backed Diem is motivating central banks to develop CBDCs, the report noted.
State of Crypto: Meet Lael Brainard, the Fed's CBDC Champion
Last year, Federal Reserve Governor Lael Brainard announced the Boston branch of the U.S. central bank was exploring a digital dollar. She’ll be speaking next week at Consensus.
CBDCs May Be Disruptive for Financial Systems, Fitch Ratings Says
“Widespread adoption of CBDCs may be disruptive for financial systems if associated risks are not managed,” warn Fitch Ratings analysts.
