CBDCs

That Decoupling Sound: China, the US and a Year of CBDCs

This year China and the U.S. faced off over trade and technology bans. But the battle for monetary hegemony has just begun.

By James CooperDec 28, 2020

Faced by the rise of stablecoins and other blockchain experiments, central banks had to rethink their roles in the world this year.

"We want to announce the designs for a blockchain that can scale Compound over the next century," Compound founder Robert Leshner told CoinDesk.

By Brady DaleDec 17, 2020

"We are not like libra and we don’t have an ambition to replace existing currencies,” said a former governor of the People's Bank of China.

The crypto corridor connecting Switzerland and Singapore is firming up, involving many of the usual suspects in banking, custody and trading.

By Ian AllisonDec 11, 2020

A CBDC is a digital currency that is issued by a government and are usually a tokenized form of the country’s fiat currency.

By Alyssa HertigDec 4, 2020

A Swiss experiment on how central bank money can be linked to markets built on distributed ledger technology (DLT) yielded positive results.

A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.”

By Daniel KuhnNov 29, 2020

Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.

By Anna BaydakovaNov 27, 2020

Oki Matsumoto said a central bank digital currency would make it easier to convert cryptocurrency into legal tender.

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