CBDCs
CBDCs and Stablecoins: The Regulatory Battle to Come
As central bank digital currencies do battle with stablecoins, dollar-backed projects will have to work hard to ensure independence.
Facebook-Led Diem Could Become White-Label CBDC Provider: Citi Report
The Diem white paper suggests the company would be open to discussions with central banks about providing this service.
Bank of England and HM Treasury Launch Taskforce for UK CBDC
This is the first sign the Bank of England exploring the launch of a CBDC following the release of a discussion paper in March 2020.
PBoC Softens Tone Toward Bitcoin, Stablecoins, Calling Them 'Alternative Investment'
The deputy governor said bitcoin and stablecoins were investment options and not currency during the Boao Forum on Sunday.
Dogecoin Swells Over 80% in Asia Hours; China’s CBDC Pilots Turn One
Dogecoin prices surged during Asia trading hours, thanks to celebrity hype from Tesla CEO Elon Musk and fellow billionaire Mark Cuban.
China’s Digital Yuan Is No Threat to US Dollar, Says Bank of Japan Official: Report
“The dollar’s status as the key global currency won’t change so easily,” BOJ’s head of payments told Bloomberg.
Riksbank Says Sweden Could Have a Digital Central Bank Currency in 5 Years: Report
Riksbank Governor Ingves said Sweden is entering a post-cash era.
Macau Considers e-CNY Rollout; Kimchi Premium Arbitrage on the Rise
Macau, one of the largest casino hubs globally, is studying the feasibility of CBDC applications with the help of the Chinese central bank. Top South Korean banks urge the banking industry to reject suspicious remittance applications as kimchi premium arbitrage rises. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
'Today, Everything Changes': DCG's Barry Silbert on Coinbase's Public Listing
Digital Currency Group (DCG) CEO Barry Silbert joins "First Mover" for a wide-ranging discussion on Coinbase's Nasdaq debut, his outlook for bitcoin, central bank digital currencies (CBDCs), DCG's plans, and more as the crypto world marks this watershed moment.