CBDCs


Markets

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."

Signage for the digital yuan

Policy

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.

south africa rand notea

Markets

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.

HSBC Singapore

Markets

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.

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Videos

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.

Recent Videos

Markets

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.

Federal Reserve Governor Lael Brainard

Markets

About 80% of Central Banks Are Exploring CBDC Use Cases, Bison Trails Report Says

The potential launch of private cryptocurrencies such as the Facebook-backed Diem is motivating central banks to develop CBDCs, the report noted.

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