CBDC

CBDC

Политика

How the COVID-19 Crisis Revived the Digital Dollar Debate

Some Americans are still waiting for stimulus support. Would a digital dollar have helped disburse funds? Here's a breakdown of the debate.

Under one proposal, U.S. citizens would be gifted a digital wallet, called a FedAccount, maintained by the Federal Reserve. (Credit: Houston Federal Reserve by Random Sky on Unsplash)

Политика

Digital Dollars Can Reduce Unemployment, Here's How

A blueprint for a central bank digital currency designed with a specific purpose: stopping layoffs.

Credit: National Archives and Records Administration/Wikimedia Commons

Политика

Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials

China’s central bank confirmed it will be testing a mobile app for the digital yuan in four cities, with a fifth in the works, and emphasized it’s a test.

The People’s Bank of China is set to launch internal tests for the digital yuan system in five cities. (Credit: Shutterstock)

Политика

China Will 'Undoubtedly' Pursue Digital Yuan, Central Bank Says

The People’s Bank of China has sent one of its strongest signals yet of a commitment to creating a digital national currency.

GETTING SERIOUS: “The People’s Bank of China (PBoC) will undoubtedly further its research and development of the national digital currency,” according to a summary of an annual meeting. (Credit: Shutterstock)

Политика

French Central Bank Puts Out Call for Digital Currency Experiments

France's central bank is calling for digital currency proposals with an experiment that moves it to the front of Europe's CBDC debate.

 Banque de France's Governor François Villeroy de Galhau (Image via Wikimedia Commons)

Политика

The Overton Window Opens for a Digital Dollar

As the federal government looks for ways to distribute coronavirus aid, support for a digital dollar is gaining steam in Washington D.C.

U.S. Capitol

Политика

Bank of Canada Won't Issue Its Own Crypto Unless Libra Succeeds: Deputy Governor

The Bank of Canada does not see the need to create a central bank digital currency unless a competitor – like Libra – starts dethroning the existing fiat.

Bank of Canada Deputy Governor Timothy Lane said the central bank won't issue a central bank digital currency unless a private competitor takes off. (Image via YouTube)

Финансы

China Has Many Strategic Reasons to Invest in Blockchain

From stopping double-lending in its credit industry to an escape from dollar hegemony, China has every reason in the world to invest in blockchain.

china flag

Политика

Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat

Central bank digital currencies have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains.

Sveriges Riksbank is trying R3's Corda blockchain just to learn about the tech. "We need to get our hands dirty," explains Björn Segendorf, a senior advisor in the Swedish central bank's payments department. (Photo by Anna Baydakova for CoinDesk)

Политика

Sweden's Central Bank Finally Embraces DLT, but Only in Simulation Mode

Riksbank's e-krona pilot will run on distributed ledger tech, but the entire project will be operated as only a simulation through at least 2021.

krona-sverige