CBDCs
Compound's New Blockchain Readies DeFi for Central Bank Digital Currencies
"We want to announce the designs for a blockchain that can scale Compound over the next century," Compound founder Robert Leshner told CoinDesk.
Ex-People's Bank Chief Says Digital Yuan Not Planned to Replace Global Currencies
"We are not like libra and we don’t have an ambition to replace existing currencies,” said a former governor of the People's Bank of China.
SDX Chief Gets Philosophical About Crypto's Swiss-Singapore Connection
The crypto corridor connecting Switzerland and Singapore is firming up, involving many of the usual suspects in banking, custody and trading.
What Is a CBDC?
A CBDC is a digital currency that is issued by a government and are usually a tokenized form of the country’s fiat currency.
Swiss Wholesale CBDC Trial Shows 'Feasibility' for Central Bank Money on Distributed Ledger, BIS Says
A Swiss experiment on how central bank money can be linked to markets built on distributed ledger technology (DLT) yielded positive results.
Bilateral Saudi, UAE Digital Currency Experiment Shows Benefits of Distributed Ledgers, Central Banks Say
A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.”
Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal
Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.
Digital Yen Would Make Crypto Markets 'More Lively,' Says CEO of Monex Group
Oki Matsumoto said a central bank digital currency would make it easier to convert cryptocurrency into legal tender.
Privacy, Power, Fiscal Policy, the Poor: 4 Reasons to Worry About CBDCs
As central banks everywhere gear up to launch digital currencies, it's time to consider the possible downsides.
What the History of Airlines Tells Us About Blockchain Commerce
The ability to represent all industrial capacity as tokens on a blockchain will have huge implications for resource use, says our columnist.
