CBDC

CBDC

Marchés

Private Firms Can Boost Central Bank Digital Currencies, IMF Official Says

Synthetic CBDCs could let the private sector manage digital currencies backed by central banks, says the IMF's Tommaso Mancini-Griffoli.

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Marchés

Bank of England: No Compromise on Our Principles for Any Future CBDC

The Bank of England will not budge on its design principles for any future CBDC.

Bank of England (Credit: Shutterstock)

Juridique

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)

Juridique

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

Juridique

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)

Juridique

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)

Juridique

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)

Juridique

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

Juridique

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)

Finance

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.

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