CBDCs
Fed Chair Jerome Powell Emphasizes Caution in CBDC Remarks
Saying “It's more important to get it right than to be first,” Federal Reserve Chairman Jerome Powell suggested the U.S. isn’t rushing to win a global race to develop a Central Bank Digital Currency. Speaking at the annual International Monetary Fund meeting, he did, however, reiterate that research is moving forward and spoke of experiments underway.
Major Meeting of Central Banks Produces Same Old 'Evaluating' CBDCs Refrain
CBDCs continue to draw attention from central bankers, but panelists at an IMF event – including the Federal Reserve – do not expect to see their nations launch one soon.
IMF Says CBDCs Have Potential, but Don't Solve Every Issue
Countries might benefit from issuing central bank digital currencies, but they’re not a panacea for every ailment, a new IMF report says.
Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions.
CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week
The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more.
Australian Central Bank Sees 'No Strong Public Policy Case' for CBDC
The Australian central bank does not see a strong case for issuing a retail central bank digital currency, its head of payments policy said.
The IMF, G20 and BIS Gear Up for the Central Bank Digital Currency Era
New reports on digital currency design principles and regulatory standards show just how quickly the world’s bankers are moving.
Digital Ruble Can Help Track Government Spending, Bank of Russia Says
The Bank of Russia proposed a potential CBDC project Tuesday, but wants public comments before proceeding.
IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules
Many of the world's largest economies will institute national digital currency banking standards with the International Monetary Fund and World Bank.
How Investors Are Trading the Election
As the U.S. presidential election gets closer, market “predictions” are showing up in stocks from energy to private prisons.
