CBDCs
European Central Bank Shows It’s Serious About Enabling Digital Euro Offline Use
The bank plans to allocate the lion’s share of its $1.3 billion contract budget for providers to work on enabling offline payments for a digital euro.
India's Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
The retail CBDC pilot is active in more than 15 cities with more than a dozen banks participating.
Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report
Stablecoins' widespread usage and frequent instability could reduce the effectiveness of central bank monetary policies, Rhee Chang-yong said.
Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says
The focus is now on gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie.
Mastercard Says Customers Are Too Comfortable With Today's Money for Adoption of CBDCs: CNBC
The payments giant has a CBDC Partner Program that includes participants such as Ripple, Fireblocks and Consensys.
The Subtle Art of Slow: The CBDC Adoption Journey
Through the "slow and steady" adoption of CBDCs, central banks can ensure their place in the competitive arena of digital money, Digital Euro Association Chairman Jonas Gross and Executive Director Conrad Kraft write.
CBDCs Good for Payments, Even With Competition: IMF
The International Monetary Fund's planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign currencies.
U.S. CBDC Is Unlikely in the Near Term: Bank of America
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
CBDCs Are 'Central' to Innovating Financial Systems, BIS Chief Says
Central banks will have a limited role to play relative to the private sector in CBDC issuance, BIS general manager Agustín Carstens said.
U.S. Federal Reserve's Barr Holds Line on Central Bank Needing Stablecoin Powers
Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.
