CBDC
Examining Terra’s UST Stablecoin and Luna Token Crashes
CoinDesk’s Nikhilesh De and Sam Kessler join “Community Crypto” host Isaiah Jackson to discuss the collapse of the Terra protocol as its UST stablecoin remains deep in the sub-dollar doldrums and LUNA, its sister token, has fallen over 99% from its 2022 high.
Circle Asks US Fed Not to Step on Its Toes by Launching a Digital Dollar
USDC stablecoin issuer Circle is arguing the U.S. Federal Reserve should pass on launching a central bank digital currency (CBDC) because the public is already served well by private-sector tokens. Meanwhile, Fed Vice Chair Lael Brainard said CBDCs could coexist with stablecoins. "The Hash" panel discusses the latest in the world of stablecoins and CBDCs as they continue to collide.
Wall Street: Fed Digital Dollar Spells Destruction for Banks
As the U.S. Federal Reserve considers launching a central bank digital currency (CBDC), Wall Street bankers are sounding the alarm about the potential dangers of doing so. “The Hash” team discusses the utility of CBDCs and their privacy implications amid a global race to digital money.
Survey: 9 Out of 10 Central Banks are Exploring CBDCs
According to a survey conducted in 2021 by the Bank for International Settlements, nine out of ten central banks globally are exploring central bank digital currencies (CBDC), with more than half of them currently developing the asset or running concrete experiments.
Bahamas Prime Minister on Embracing Crypto
Speaking from the Crypto Bahamas conference, Bahamas Prime Minister Philip Davis and Attorney General Ryan Pinder discuss how the country’s digital asset regulatory framework fosters an environment that crypto firms like FTX can consider “home.” Plus, a conversation on the Bahamas’ anti-money laundering efforts and the Sand Dollar central bank digital currency.
Binance Denies Russia Involvement; CoinDCX Talks Future Plans
Binance denies report on sharing client data with Russia. China pushes ahead with plans to showcase the e-CNY at September’s Asian Games. CBDCs and what they mean for the future of stablecoins. Investors double down on CoinDCX despite difficulties in India.
Key Takeaways From Janet Yellen’s First Crypto Speech
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De shares his key takeaways from Treasury Secretary Janet Yellen’s first speech on digital assets. De discusses Yellen’s remarks regarding responsible innovation and central bank digital currencies while noting her generally positive tone when addressing cryptocurrency and blockchain technology.
