CBDC

CBDC

Policy

Indian Finance Minister Says RBI Is on Board With New Crypto Rules

Sitharaman downplayed concerns of disagreements between the central bank and the government on crypto.

RBI entrance in New Delhi, India

Opinion

CBDCs Are Going to Disappoint

Central bank digital currencies will enter into a competitive field of payment solutions – including stablecoins.

(Matthew Henry/Unsplash, modified by CoinDesk)

Videos

Blockchain Firm Millicent Wins UK Government Funding to Develop CBDC

London-based blockchain-powered firm Millicent has won a prestigious research grant from the U.K. government to develop a central bank digital currency (CBDC). Kene Ezeji-Okoye, co-founder and president of Millicent, shares his insights into the firm's latest projects, including creating regulator complaint stablecoins and a "highly secure blockchain." Plus, addressing privacy concerns of a potential digital pound.

Recent Videos

Policy

IMF Chief Touts Advantages of CBDCs Over ‘Unbacked Crypto Assets’ and Stablecoins

Kristalina Georgieva said Wednesday that well-designed CBDCs “can potentially offer more resilience, more safety, greater availability and lower costs” than private cryptocurrencies.

WASHINGTON, DC - MARCH 04: IMF Managing Director Kristalina Georgieva speaks during a joint press conference with World Bank Group President David Malpass on the recent developments of the coronavirus, COVID-19, and the organizations' responses on March 4, 2020 in Washington, DC. It was announced yesterday that the Annual Spring Meetings held by the IMF and World Bank in Washington, DC have been changed to virtual meetings due to concerns about COVID-19. (Photo by Samuel Corum/Getty Images)

Policy

Zambia's Central Bank to Explore CBDC Following Crypto Warning: Report

The Bank of Zambia wants to cut transaction costs and increase citizens' participation in the formal financial system.

Zambia's capital, Lusaka. (Nduugu/Pixabay)

Opinion

CBDCs and the Case for the Public Good

It's time to get clearer on what digital fiat currencies can and can't do, says the COO of the Stellar Development Foundation.

(Ibrahim Boran/Unsplash)

Policy

Sen. Toomey Sounds Warning About China’s Digital Yuan as Olympics Start

The country is using the Winter Olympics in Beijing as an international test of its central bank digital currency (CBDC).

Sen. Pat Toomey (R-Pa.)

Policy

Myanmar's Military Government Plans Digital Currency Launch: Report

The country's shadow government said in December it will accept tether as official currency.

Myanmar's ancient city of Bagan. (Majkell Projku/Unsplash)

Policy

Boston Fed, MIT Publish Open-Source CBDC Software

The white paper caps off nearly two years of research.

Boston skyline (todd kent/Unsplash)