CBDCs
Digital Pound Consultation Received Over 50,000 Responses, With Privacy a Major Concern
Many of the respondents outlined concerns around privacy, programmability and the decline of cash, Jon Cunliffe, deputy governor of the Bank of England said.
Sam Bankman-Fried Will Take the Stand; Deutsche Bank Tests a SWIFT Alternative for Stablecoins
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including bitcoin's price action after a better-than-expected U.S. GDP report. Sam Bankman-Fried will take the stand in his own defense, which could happen as soon as Thursday. Deutsche Bank and Standard Chartered Ventures are testing a SWIFT alternative for stablecoins and CBDCs. Plus, JPMorgan’s digital token reportedly handles $1 billion worth of transactions a day.
Unpacking the Privacy Debate Over CBDCs
As part of CoinDesk's State of Crypto 2023 event in Washington, D.C., MobileCoin head of compliance David Ackerman, along with Lightspark co-founder and chief legal officer Jai Massari, discuss the potential hurdles to adopting legislation around stablecoins and CBDCs across the globe. Plus, an update on Lightspark's enterprise-grade end-to-end solution for Universal Money Addresses.
Digital Euro Project Moves to 'Preparation' Phase
The move is not a decision to issue a central bank digital currency, the European Central Bank said Wednesday.
Ripple VP: The Policy Considerations 'Justifying the Implementation of CBDCs'
Central bank digital currencies have nearly limitless opportunity but ultimately, mainstream adoption hinges upon usability, Ripple Vice President James Wallis writes.
Incoming BOE Deputy Governor Highlights Crypto Risks, Cites Benefits at Parliamentary Hearing
There are benefits to crypto technology, and the digital pound could anchor digital money, Sarah Breeden said.
Reject CBDCs, Embrace the Right to Transact
The steady creep of payments digitization means governments will be able to increasingly intervene and potentially censor economic activity.
Mastercard Deepens Tie to CBDCs as Nations Mull Issuing Digital Currencies
Some of the first partners in a new Mastercard CBDC forum include Ripple, Fireblocks and Consensys.
SEC Case Had 'Almost No Impact' on Ripple's Talks With Central Banks, Says Exec
James Wallis also said the decision that Ripple's sale of XRP did not constitute investment contracts was a major victory, not just for Ripple but also for the industry.
