CBDCs
Fed Reserve Governor Quarles Doesn’t See Reasoning Behind CBDCs
Randal Quarles, who also chairs the Financial Stability Board, said he’s not certain how a central bank digital currency could address financial inclusivity concerns.
France Trials CBDC, Blockchain for Government Bond Deals
The experiment is one of the EU’s largest to date, with nearly 500 transactions executed during trial.
Crypto 2022 Policy Week: Reckoning With Regulation
Steven Kelly, research associate at Yale University's Program on Financial Stability, discusses what to expect from the Federal Reserve’s report on CBDCs, stablecoins and crypto, and what crypto regulation could look like in the U.S.
Ghana Wants to Make Its CBDC Available for Use Offline: Report
The country’s digital currency, the e-cedi, would work via the use of smart cards, according to an official at the Bank of Ghana.
Bank of Japan Seeks ‘Plain, Easy-to-Cook’ CBDC Model
An executive director has stressed that the BoJ has “no plans to issue a CBDC at this time,.
G-7 Finance Officials Outline Policy Principles for Retail CBDCs
Any CBDC must “do no harm” to central banks’ ability to maintain monetary and financial stability.
Digital Pound Foundation Launches to Push for UK CBDC
The Bank of England has also set up forums to explore a digital currency.
Venezuela’s New Digital Bolivar Isn’t Digital, and It Won’t Solve the Country’s Economic Crisis
In view of the hyperinflation in the Latin American country, the government decided to remove six zeros from the currency and issue a new bolivar. For a third time.
National Bank of Georgia to Test CBDC Next Year
The pilot program will initially focus on retail payments.
Hong Kong Monetary Authority Releases CBDC White Paper to Study Prospect of e-HKD
The city’s de facto central bank said its publication is the “first among similar papers” published by central banks to detail transaction traceability while preserving privacy.
