CBDCs
G-7 Financial Leaders To Discuss CBDCs and Other Looming Crypto Questions Friday
As G-7 financial leaders meet Friday to discuss digital currency and digital taxation, coordinated efforts on part of the G-7 to set a standard for CBDCs are forthcoming. Global crypto leader Henri Arslanian weighs in on the potential impact on the rest of the world.
Japan’s Finance Minister Calls on G7 to Discuss CBDCs at Talks Friday
The G7 meeting on Friday is a virtual meeting and will be the first since U.S. President Joe Biden was sworn into office on Jan. 20.
Bank of Korea: CBDCs Are Fiat Currency Not Virtual Assets
Some legal changes would be needed before a potential central bank digital currency launch in South Korea, research indicates.
US Federal Reserve Looking to Hire a Manager to Research Stablecoins and CBDCs
Fed Chair Jerome Powell has said the central bank needs “better regulatory answers” for global stablecoins.
China, Singapore Look Ahead to CBDC Future at World Economic Forum
A former deputy governor of the People’s Bank of China compared notes with the chairman of the Monetary Authority of Singapore.
The Future of Money in the Multiverse
It's 2028 and central banks, Big Tech companies and the "deplatformed" are establishing their own worlds of digital money.
BIS Plans Platform for Testing Central Bank Digital Currencies in Cross-Border Payments
The new platform was announced as part of the BIS Innovation Hub's priorities and programs for 2021.
French Central Bank Trials Digital Currency for Interbank Settlement
The pilot involved the settlement on a private blockchain of around €2 million.
Former Canadian Prime Minister Lists Bitcoin as Possible Future Reserve Currency
The "number of things that people use as reserves will expand," but the U.S. dollar will still retain its dominant role.
Jerome Powell on CBDCs: ‘We Don’t Feel a Need to Be First’
He estimated it will take “years rather than months” before the Fed releases a CBDC.
