CBDCs
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.
State of Crypto: Meet Lael Brainard, the Fed's CBDC Champion
Last year, Federal Reserve Governor Lael Brainard announced the Boston branch of the U.S. central bank was exploring a digital dollar. She’ll be speaking next week at Consensus.
CBDCs May Be Disruptive for Financial Systems, Fitch Ratings Says
“Widespread adoption of CBDCs may be disruptive for financial systems if associated risks are not managed,” warn Fitch Ratings analysts.
No Reason to Fear Central Bank Digital Currencies
Fears that CBDCs could cause financial instability and increase surveillance are misplaced, says our columnist.
A Central Bank Digital Currency Would Be Bad for the US
Calls to "catch" China on digital currency downplay the promise of open financial technology, says Circle's head of global policy.
‘Britcoin?’ Bank of England Official Says UK Will ‘Probably’ Launch a CBDC
The U.K.’s central bank is reportedly considering launching a digital currency, called “Britcoin,” to maintain citizens’ confidence in the availability of public money. “The Hash” panel debates the utility of CBDCs and the privacy implications of central bank digital currencies.
Binance Under Fire; Internet Giant Naver Takes on South Korea’s CBDC
The Asian crypto industry reacts to the US Department of Justice and Internal Revenue Service money laundering probe into Binance. In South Korea, the nation’s largest internet company plans to join Bank of Korea’s CBDC ventures. Over in Singapore, Southeast Asia’s largest lender DBS Bank expands its crypto services for its private bank clients by launching a crypto trust solution. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
