CBDCs


Markets

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.

Federal Reserve building, Washington, D.C.

Finance

China, Singapore Look Ahead to CBDC Future at World Economic Forum

A former deputy governor of the People’s Bank of China compared notes with the chairman of the Monetary Authority of Singapore.

WEF

Finance

The Future of Money in the Multiverse

It's 2028 and central banks, Big Tech companies and the "deplatformed" are establishing their own worlds of digital money.

MOSHED-2021-1-25-12-8-8

Policy

BIS Plans Platform for Testing Central Bank Digital Currencies in Cross-Border Payments

The new platform was announced as part of the BIS Innovation Hub's priorities and programs for 2021.

Benoit Coeure, head of the BIS Innovation Hub

Markets

French Central Bank Trials Digital Currency for Interbank Settlement

The pilot involved the settlement on a private blockchain of around €2 million.

Banque de France

Markets

Former Canadian Prime Minister Lists Bitcoin as Possible Future Reserve Currency

The "number of things that people use as reserves will expand," but the U.S. dollar will still retain its dominant role.

Former Prime Minister of Canada Stephen Harper at the AIPAC 2017 Convention.

Policy

Jerome Powell on CBDCs: ‘We Don’t Feel a Need to Be First’

He estimated it will take “years rather than months” before the Fed releases a CBDC.

Federal Reserve Chair Jerome Powell

Markets

First Mover: Forget Facebook's Stablecoin. Now It's $700B Bitcoin in the Crosshairs

Bitcoin's powerful move over the past couple of months to more than $700 billion in market value is suddenly commanding more attention from global financial regulators. 

European Central Bank President Christine Lagarde speaks via webcast from a Reuters event on Wednesday.

Markets

Bitcoin in Race for Adoption Before Central Banks Launch Digital Currencies: Australia's Macquarie

With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce.

European Central Bank President Christine Lagarde