central bank digital currency


Policy

China Is Opting Out of US-Run Financial System

If the U.S. government doesn’t lead financial innovation, China will leapfrog it and control the world’s emerging monetary infrastructure.

macau-photo-agency-Zak4riFWRT4-unsplash

Markets

Bitcoin Is 'Store of Value' Though Not Yet 'Medium of Exchange,' Dallas Fed's Kaplan Says

The U.S. economy is "not out of the woods yet," said Dallas Fed President Robert Kaplan.

Federal Reserve Bank of Dallas President Robert Kaplan

Markets

Bank of Japan Forms Committee to Coordinate CBDC Efforts

Through the committee, the BOJ said it will update the private sector and policymakers and seek input on the next steps regarding a CBDC.

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Markets

China Proposes Global Rules for Monitoring CBDCs

China is leading major nations in the development of a CBDC but the digital yuan project has raised concerns.

People’s Bank of China

Markets

Jamaica's Central Bank to Pilot CBDC Beginning in May

The Bank of Jamaica will pilot the CBDC in its fintech regulatory sandbox from May to December.

Jamaica is getting closer to launching a CBDC.

Policy

Mastercard Launches Prepaid Card for World's First CBDC in Bahamas

The Bahamian Sand Dollar can now be used for payments anywhere Mastercard is accepted.

Nassau, The Bahamas

Markets

Bitcoin in Race for Adoption Before Central Banks Launch Digital Currencies: Australia's Macquarie

With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce.

European Central Bank President Christine Lagarde

Markets

Bank of England Official Balks at Shielding Banks Against Digital Currencies: Report

Deputy Governor Jon Cunliffe says protecting bank business models is not BoE's responsibility.

Bank of England

Markets

Debate Rages on Whether a Digital Dollar Will Unleash Inflation

Some speculate that if the Fed implements a digital dollar, soaring inflation will soon follow.

DoubleLine CEO Jeff Gundlach warns of inflation with a digital U.S. dollar.

Markets

E-Krona or Bust, Says Sweden's Chief Central Banker, Trying to Drag Swedish Govt Into Digital Age

Riksbank Governor Stevan Ingves sees a Swedish digital currency as an imperative for the central bank.

Riksbank Governor Stefan Ingves

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