CBDC

CBDC

Patakaran

U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off

Michael Barr, who leads the central bank’s regulatory efforts, said the Fed remains in the basic research phase and would need actual legislation from Congress to authorize the move.

Michael Barr, the U.S. Federal Reserve's vice chairman for supervision, says the central bank is far from a decision on a digital dollar. (Nikhilesh De/CoinDesk)

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Russian Lawmaker Predicts That Digital Ruble Will Displace Banks

Soon it will be possible to get a loan in the digital ruble and decisions will be made by a robot, Anatoly Aksakov, the head of the State Duma Banking Committee, said, expressing his opinion in a meeting.

Russian flag (Egor Filin/ Unsplash)

Patakaran

Controversial Digital Euro Plan to Be Led by Architect of Landmark MiCA Crypto Law

Center-right lawmaker Stefan Berger, who previously negotiated the MiCA crypto law for the European Parliament, now heads up a CBDC proposal many colleagues are skeptical about.

The EU has passed new crypto laws (Pixabay)

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130 Countries Are Looking Into CBDC Development, Atlantic Council Says

The Atlantic Council says 130 countries are currently exploring a central bank digital currency (CBDC). Atlantic Council GeoEconomics Center associate director Ananya Kumar shares her insights into the race for the future of money and the privacy implications. Plus, the role of CBDCs in the U.S. presidential election and the outlook for the digital dollar.

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Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs

India has already made significant progress towards a wholesale and retail CBDC even though a full-scale launch is awaited.

Indian billionaire Mukesh Ambani (YouTube)

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Australia's CBDC Pilot Shows 'Path Forward' for a Tokenized Economy: Canvas CEO

Australia won't be introducing a CBDC for some years, according to a new report from the country's central bank. David Lavecky, CEO and co-founder of fintech firm CANVAS, which facilitated the first-ever foreign exchange transaction using an Australian Central Bank Digital Currency, shares insights into Australia's eAUD pilot. "It's really shown that there is a path forward tokenizing the economy and having a ecosystem of both CBDCs and privately-issued stablecoins," Lavecky said.

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Australia Won't Introduce a CBDC for Some Years, Central Bank Says

Australia's central bank announced that the country will not likely make a decision on a central bank digital currency (CBDC) for some years due to several unresolved issues that surfaced at the end of the pilot project. "First Mover" hosts Jennifer Sanasie and Amitoj Singh weigh in.

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Patakaran

Australia's CBDC Likely Some Years Away, Central Bank Says

The report said that in a way a "CBDC could be viewed as an enabling complement to, rather than substitute for, private sector innovation."

Australia's government is taking a deliberate approach toward creating crypto laws. (Unsplash)

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Mastercard Creates a Forum for Crypto Players to Discuss CBDCs

Payments giant Mastercard has created a forum where crypto industry players can discuss and collaborate on central bank digital currencies, injecting its influential voice into the CBDC conversation as nations around the world consider whether to digitize their money. "The Hash" panel discusses their outlook on the utility and adoption of CBDCs.

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Post Malone, Podcaster Joe Rogan Slam Prospects of a U.S. Digital Dollar: That’s 'Game Over'

On a recent episode of the "Joe Rogan Experience," host Joe Rogan and rapper Post Malone discuss their concerns over the prospect of a digital dollar, with the two agreeing that central bank digital currencies (CBDCs) would be a "checkmate" situation. "The Hash" team weighs in as mainstream conversations around banning CBDCs continues to heat up.

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