CBDCs
Brian Brooks: US-based CBDC Is ‘Never’ Going to Happen
Central banks around the world are launching CBDCs, but Brian Brooks, former Acting Comptroller of the Currency and CEO of Binance.US, says it’s unlikely the U.S. will actually make its own CBDC. “It’s clearly the Chinese way. I don’t think we’re going to see that in this country,” Brooks said.
Bank of Mauritius Plans CBDC Pilot in 2021
“CBDCs will be here to complement, and to address gaps that the traditional monetary system is not able to fulfill,” Bank of Mauritius Governor Harvesh Seegolam said.
China's CBDC Could Give Beijing 'Leeway for Economic Retaliation,' Says National Security Expert
Yaya Fanusie also believes that fears the Chinese CBDC would undermine or displace the U.S. dollar as the world's reserve currency are "overblown."
South Africa's Central Bank Starts Research on Retail-Focused Digital Currency
The South African Reserve Bank said it will carry out trials on different technology platforms for the study.
HSBC CEO Says Bank 'Not Into Bitcoin' Due to Concerns Over Volatility: Report
The CEO of one of Europe's largest banks points to bitcoin's volatility as the primary reason for not pursuing a digital asset trading desk.
5 Big Takeaways From Day 2 at Consensus
A first peak into the state-backed BSN, insights into the China bitcoin mining ban and more. Here's what you need to know from Consensus Day 2.
Fed's Brainard Says Global Growth of CBDCs Highlights Need for US to Develop Standards
Speaking at CoinDesk's Consensus 2021, Federal Reserve Governor Dr. Lael Brainard says the design of any central bank digital currency (CBDC) like a digital dollar would need to safeguard household payments and prevent illicit activity.
Fed's Brainard Breaks Down CBDC Policy Considerations, Sees Price Pressures Waning in the Future
The Federal Reserve governor discussed cryptocurrencies and a digital dollar at Consensus 2021.
