CBDC

CBDC

Policy

Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC

Russian banks and financial brokers are worried the digital ruble will be a burden for them.

Russian Central Bank Chairman Elvira Nabiullina

Markets

China's Xi Asks G20 Countries to Be ‘Open and Accommodating’ to CBDCs

In a wide-ranging speech, Xi said the G20 “needs to discuss developing standards and principles for central bank digital currencies.”

Chinese President Xi Jinping

Policy

Central Bankers, Experts Outline Possible Scenarios for CBDC Adoption

Central bank digital currencies can have broad implications for the global balance of power, experts say.

digital yuan

Policy

ECB's Lagarde Has 'Hunch' Digital Euro Will Launch in 2-4 Years

ECB President Christine Lagarde says the impetus for a central bank digital currency could come from the need to facilitate cross-border finance.

ECB President Christine Lagarde speaks about the prospects for a digital euro at an online forum.

Markets

Lebanon Preparing Central Bank Digital Currency for 2021 Rollout

Central bankers hope the CBDC will help restore confidence in Lebanon's shaky banking sector.

banque du liban

Markets

Beijing Municipal Government Conference Notes Plans to Pilot CBDC in China's Capital

The discussion of China's digital yuan at a regional-level conference indicates the pilot is being included in state-level planning.

Illustration by Sonny Ross

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

Mastercard President Says Crypto Patents Will Pay Off When Central Bank Digital Currencies Arrive

Crypto IP "puts us in a good position" for central bank digital currencies, said Mastercard President Miebach.

Mastercard

Policy

In the CBDC Race, It's Better to Be Last

As countries like China and Sweden rush to develop digital currencies, the U.S. can afford to take its time.

photo-1432753759888-b30b2bdac995

Policy

China Should Take Part in Creating Global Regulatory Framework for Digital Currency, Xi Says

China's president said the nation should proactively participate in setting the international framework.

Chinese President Xi Jinping