CBDCs
People's Bank of China Official Says Fully Anonymous Digital Yuan ‘Not Feasible’
The central bank needs to balance privacy for users with "international consensus" on risk control, the director of the PBoC's Digital Currency Research Institute said
BIS Researchers Grapple With Implications of Interoperable CBDCs
Central bank digital currencies would largely benefit countries if they work together to eliminate traditional banking frictions, a research note said.
Bank of America Says DeFi Potentially ‘More Disruptive’ Than Bitcoin
In a new report titled “Bitcoin’s Dirty Little Secrets,” Bank of America had a lot to say about bitcoin. Decentralized finance’s potential to overshadow bitcoin, the uses of Ethereum and the future of CBDCs were all also covered in BoA’s report. “The Hash” panel has a lot of unpacking to do.
Federal Reserve’s Powell Says CBDCs ‘Need to Coexist With Cash’
The Fed chairman spoke at a virtual payments conference hosted by the Basel Committee on Banking Supervision.
Bank of Japan Governor Stresses Need to Prepare for Digital Currency Launch
The central bank will begin digital currency experiments later this spring.
Australia Considering a Blockchain-Based Digital Currency
Reserve Bank of Australia Governor Phillip Lowe said the central bank is considering a blockchain-based digital currency. "The Hash" panel weighs in on the state of crypto investing in Australia and what kind of impact an Australian central bank digital currency (CBDC) would have on the market and economy.
Bank of Russia Eyes Digital Ruble Prototype in Late 2021: Report
Russia's central bank told CoinDesk that over 80% of feedback on the digital ruble was supportive of the project.
South Korea's Shinhan Bank Builds Pilot Platform for Central Bank Digital Currency
The Seoul-based bank built the blockchain-based platform in preparation for a role as intermediary should a digital won be launched.
Sen. Sherrod Brown Says US Should ‘Lead the Way’ on CBDCs, Disses Diem and Bitcoin
“We cannot be left behind,” Brown wrote about other nations’ central bank digital currency efforts.
