CBDCs
UK Parliament’s House of Lords Launches CBDC Inquiry
The deadline for responses on a possible U.K. central bank digital currency is mid-October.
Digital Euro Isn’t Guaranteed After Experiment, ECB Advisor Says
The European bank’s two-year digital euro experiment will focus on a retail CBDC.
Turkish Central Bank to Research Benefits of a Central Bank Digital Currency
The bank has not made a final decision regarding the issuance of a digital Turkish lira but expects results from the pilot study to be announced in 2022.
Bundesbank President Favors Limited Initial Role for Digital Euro
Jens Weidmann voiced concern that during crises consumers would hold all their money with the central bank, cutting off commercial banks’ funding.
Bank of Russia Sees Digital Ruble as a Key Project
The Russian central bank’s deputy chairwoman sees no obstacles to the launch of a CBDC.
BIS Signals Central Banks to Start Work on CBDCs
The head of the BIS Innovation Hub says central banks must retain the ability to uphold financial stability.
Are Central Bankers Ready for Payments Theater?
If the Fed and other banks adopt a CBDC, they will inevitably become involved in disputes about what is and isn’t acceptable economic activity, says our columnist.
