CBDCs


Markets

Spain Considers Implementing a Digital Euro

The ruling party PSOE presented a non-law proposition in the Spanish Congress.

Sede del Banco de España. (Shutterstock)

Policy

Power, Privacy and China’s Digital Currency

Everyone knows money has value. But does it also have “values”? Third part in a special series by Forkast News.

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Policy

Stablecoins and CBDCs: Private Vs. Public Monetary Innovation

A Federal Reserve official praised stablecoins over CBDCs, yesterday. The debate cuts right to role of government in money.

Randal Quarles, vice chairman for supervision of the Federal Reserve Board.

Videos

Blockchain in Asia: China’s Ripple Effect

Throughout Asia, the race is on to lead not just the region but the world in the blockchain and digital currency space. China may have been first out of the gate, but the rest of Asia is scrambling to keep up.

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Policy

Singapore’s Central Bank, IMF Launch Global Challenge for CBDC Solutions

The Monetary Authority of Singapore’s “Global CBDC Challenge” will be supported by Amazon Web Services, Mastercard, Hyperledger and others.

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Markets

Swiss National Bank Has No Plans for a Digital Currency: Report

The Swiss National Bank tested the feasibility of CBDCs in 2020.

Zug, Switzerland

Policy

Palestine’s Central Bank Reportedly Mulling a CBDC Launch

Palestinians do not have an independent currency, and rely on the Israeli shekel and Jordanian dinar.

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Markets

BIS Says Bitcoin Has Few Redeeming Attributes

Cryptocurrencies are "speculative assets rather than money" used in many cases to facilitate financial crime, the central bank organization said.

BIS headquarters in Basil, Switzerland.

Videos

Cash for CBDCs at Beijing ATMs; Asia Sees New Unicorn in Amber Group

More than 3000 ATMs from ICBC, AgBank in China to offer CBDC-to-cash swap. ‘Crypto king’ nabbed in India as government re-evaluates regulatory bill. HK-based Amber Group becomes Asia’s latest unicorn after raising funds. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Markets

Bank of Israel Has Already Tested a Digital Shekel

The official said he is not optimistic about an Israeli CBDC being launched.

Israeli Shekels