CBDCs
The Downside of Programmable Money
Software bugs aren’t the half of it, says Steven Kelly of Yale in a Q&A with CoinDesk. “You can’t preprogram the exigencies of a crisis.”

Let the Market Come Up With Better Money Tech
There are better alternatives to fiat currencies available and the private sector is providing them, says Cato’s James Dorn. This op-ed is part of CoinDesk’s Future of Money Week.

Indonesia’s Central Bank Wants to ‘Fight’ Crypto With CBDC: Report
“We assume that people would find CBDC more reliable than crypto,” a bank official said.

NY Fed Launches Fintech Research Wing With BIS Help
The NYIC will be led by PwC alum Per von Zelowitz, who joined the New York Fed in July.

Tanzania Plans to Launch CBDC After eNaira Launch: Report
The country’s central bank has reportedly begun preparations for its own CBDC.

India Has No Plans to Recognize Bitcoin as Currency; RBI Working on CBDC Rollout: Reports
The Indian parliament kicked off its winter session on Monday. Key crypto legislation will be discussed.

Canada Needs a Loonie-Linked Digital Currency, Policy Experts Say
Policy think tank C.D. Howe Institute sees Canadian-dollar-linked stablecoins, issued by the Bank of Canada, becoming attractive to Canadians by making them convertible into cash.

Japanese Consortium Plans to Issue Bank Deposit-Like Digital Yen by End of Next Year
Mitsubishi Corp. will lead a trial that is expected to start in January.

Republic of Palau Joins Hands With Ripple to Develop Digital Currency Strategy
The fintech company will explore the country’s first digital currency strategy and its use case.

Bank of England Governor Touts CBDCs Over Stablecoins: Report
BoE chief Andrew Bailey said the bank wouldn’t be moving into the retail bank account business through a CBDC.
