CBDCs


Layer 2

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.”

(Rachel Sun/CoinDesk)

Policy

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.

(Felix Mittermeier/Unsplash, modified by CoinDesk)

Policy

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.

Jakarta, Indonesia

Policy

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.

Fed Chair Jerome Powell (Samuel Corum/Bloomberg via Getty Images)

Policy

Tanzania Plans to Launch CBDC After eNaira Launch: Report

The country’s central bank has reportedly begun preparations for its own CBDC.

Tanzania Flag Against City Blurred Background At Sunrise Backlight (Getty Images/stockphoto)

Policy

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.

The Indian flag. (Pixabay)

Policy

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.

(Kevin Miller/Stockbyte/Getty Images)

Policy

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.

Tokyo's Shinjuku neighborhood (segawa7/Shutterstock)

Policy

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.

Ripple (Shutterstock)

Finance

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.

Bank of England Chief Andrew Bailey