CBDCs
Hong Kong Eyes CBDC; Aussie Millennials Favor Crypto vs. Real Estate
The Hong Kong Monetary Authority to launch a study into digital currency feasibility. Survey finds Australian millennials favor investing in crypto over real estate and holding bank accounts. UNICEF Innovation Fund picks seven blockchain startups for funding.
Hong Kong Monetary Authority to Study a Retail CBDC
Hong Kong's central bank is aiming to "future-proof" the financial center for the growth of CBDCs as part of its "Fintech 2025" strategy.
Capitol Hill Hearings in June: Central Bank Digital Currencies (CBDCs), Ransomware Attacks and More
CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De on what to expect from the upcoming house financial services committee hearings this month.
Bank of England Releases Discussion Paper on Stablecoins, CBDC
The paper focuses on the effects of private stablecoins on the cost and availability of lending and the challenges for monetary policy.
Ghana at 'Advanced Stages' With Digital Cedi, Central Bank Governor Says
Bank of Ghana Gov. Ernest Addison also warned against “unregulated” cryptocurrencies.
ECB Report Highlights Risks of Not Launching CBDC
There is a risk of domestic and cross-border payments being dominated by non-domestic providers with "artificial currencies," the report says.
Digital Dollar Should Be 'Actively Explored,' Says Former CFTC Chairman
Maintaining users' privacy is a key design focus, according to Massad. "We're not China."
BTC China Co-founder Bobby Lee on China Crypto News, Impact of Three-Child Policy
Ballet CEO and former BTCC founder Bobby Lee discusses the state of crypto affairs in China and responds to the country’s newly issued three-child policy in an effort to maintain economic growth. Plus, his thoughts on Mt. Got victims beginning voting on reimbursement proposals and on central bank digital currencies (CBDCs).
Fmr. CFTC Chairman Calls for Greater Regulatory Oversight of Stablecoins
Harvard University Kennedy School of Government Senior Fellow and former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad discusses his thesis that the popular stablecoin tether could face a disruption comparable to the Reserve Primary Fund "breaking the buck" in 2008. He also comments on CBDCs and the digital dollar he expects will be developed.
China to Hold Beijing Lottery for CBDC Trial
The lottery will award 200,000 winners about $31 in digital yuan.
