CBDCs


Policy

India Has No Plans to Recognize Bitcoin as Currency; RBI Working on CBDC Rollout: Reports

The Indian parliament kicked off its winter session on Monday. Key crypto legislation will be discussed.

The Indian flag. (Pixabay)

Policy

Canada Needs a Loonie-Linked Digital Currency, Policy Experts Say

Policy think tank C.D. Howe Institute sees Canadian-dollar-linked stablecoins, issued by the Bank of Canada, becoming attractive to Canadians by making them convertible into cash.

(Kevin Miller/Stockbyte/Getty Images)

Policy

Japanese Consortium Plans to Issue Bank Deposit-Like Digital Yen by End of Next Year

Mitsubishi Corp. will lead a trial that is expected to start in January.

Tokyo's Shinjuku neighborhood (segawa7/Shutterstock)

Policy

Republic of Palau Joins Hands With Ripple to Develop Digital Currency Strategy

The fintech company will explore the country’s first digital currency strategy and its use case.

Ripple (Shutterstock)

Finance

Bank of England Governor Touts CBDCs Over Stablecoins: Report

BoE chief Andrew Bailey said the bank wouldn’t be moving into the retail bank account business through a CBDC.

Bank of England Chief Andrew Bailey

Finance

Brazil’s Central Bank to Launch CBDC Pilot in 2022: Report

The final version of the central bank digital currency is expected to come in 2024.

Central Bank of Brazil (CoinDesk Archive)

Policy

Biden and the Fed: Why Powell or Brainard Won’t Change Much for Crypto

Both candidates are seen as taking a tough stance on crypto regulation, but they’re also both seen as dovish – possibly beneficial for bitcoin’s inflation narrative.

Federal Reserve Chair Lael Brainard (C-Span, modified by CoinDesk)

Policy

Peru’s Central Bank Is Developing a CBDC

The central bank’s president said that the country is partnering with other central banks in the issuance of a domestic CBDC.

Peru flag

Policy

Nigeria’s eNaira Wallet Nears 500,000 Downloads in First 3 Weeks: Report

Africa’s first CBDC launched in late October.

e-naira, nigeria