CBDCs
Central Bank Digital Currencies May Drive Cash 'Shadow Economy' to Crypto: Reuters
"Shadow economy" participants, those who use deal mostly in hard cash for anonymity's sake, are unlikely to be drawn to using a CBDC, according to a Reuters column.
World's Oldest Central Bank Extends Digital Currency Test Till 2022
Sweden's Riksbank said it would continue work with Accenture on a potential e-krona digital currency until next year.
Is Bitcoin’s Rising Popularity Putting Pressure on Central Banks to Issue Digital Currencies?
The Hash panel breaks down central bank digital currencies (CBDCs) and cryptocurrencies, exploring whether central banks will be more inclined to issue their own CBDCs as the price of bitcoin continues to soar to all-time-highs.
Imagining The Future Of Cryptocurrency: Privacy a "Massive" Concern
If national governments digitize their national currencies, who has access to the data it will create? CoinDesk Chief Content Officer Michael Casey and Wall Street Journal markets reporter Paul Vigna discuss the future of cryptocurrencies, including CBDCs, and cite privacy as a major emerging concern.
Former CFTC Chairman Warns G7 Nations of Perils Getting CBDCs Wrong
Former CFTC Chairman J. Christopher Giancarlo says the U.S. has the opportunity to create a digital dollar with "aspirational desire" that protects user privacy rights and distinguishes itself from other CBDCs that may surveil its users.
PayPal Wants to Be a CBDC Distributor
The digital currencies could be distributed through PayPal’s digital wallets, the company’s CEO said.
G-7 Financial Leaders To Discuss CBDCs and Other Looming Crypto Questions Friday
As G-7 financial leaders meet Friday to discuss digital currency and digital taxation, coordinated efforts on part of the G-7 to set a standard for CBDCs are forthcoming. Global crypto leader Henri Arslanian weighs in on the potential impact on the rest of the world.
Japan’s Finance Minister Calls on G7 to Discuss CBDCs at Talks Friday
The G7 meeting on Friday is a virtual meeting and will be the first since U.S. President Joe Biden was sworn into office on Jan. 20.
Bank of Korea: CBDCs Are Fiat Currency Not Virtual Assets
Some legal changes would be needed before a potential central bank digital currency launch in South Korea, research indicates.
US Federal Reserve Looking to Hire a Manager to Research Stablecoins and CBDCs
Fed Chair Jerome Powell has said the central bank needs “better regulatory answers” for global stablecoins.
