CBDCs


Finance

CBDCs Could Challenge US Dollar's Dominance: Deutsche Bank

Central bank digital currencies have the potential to challenge the primacy of the U.S. dollar, according to a new report from Germany's Deutsche Bank.

Deutsche Bank headquarters in Frankfurt, Germany

Markets

Societe Generale to Use as Many as Five Blockchains in Capital Markets Trials

A tech-focused subsidiary of Societe Generale said it will trial up to five different blockchains to understand their usefulness in capital markets.

(Shutterstock)

Policy

BIS Seeking Blockchain Expert to Lead Digital Currency Research

BIS is looking for a blockchain engineer to take a lead on its digital currency initiatives, which includes CBDC and digital security research.

Benoît Cœuré, head of the BIS Innovation Hub.

Policy

Bahamas to Roll Out 'Sand Dollar' Digital Currency Next Month

The Bahamas' "Sand Dollar" will likely be the world's first live central bank digital currency when it launches in October.

Orbital shot of the Bahamas and the southern tip of Florida (NASA/Wikimedia Commons)

Policy

French Central Bank Chief Eyes Public-Private Partnership for Possible Digital Euro

The governor of the Banque de France said private-sector involvement could benefit a future digital euro initiative.

CoinDesk placeholder image

Finance

Mastercard Releases Platform Enabling Central Banks to Test Digital Currencies

Payments giant Mastercard said its new testing platform will simulate the issuance, distribution and utility of digital currencies for central banks.

(Mastercard)

Markets

Bank of England Governor Wants Global Regulations as Stablecoins Pick Up Steam

Bank of England Governor Andrew Bailey wants coordinated global regulation around stablecoins as the payment method picks up steam.

Bank of England Chief Andrew Bailey

Policy

China's Digital Currency May Come With Hardware Wallets as Well

China Construction Bank’s brief digital yuan debut suggests that hardware wallets for the central bank digital currency may be in the works.

China Construction Bank

Policy

South Korea’s Central Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot

The Bank of Korea is seeking a partner to help develop the architecture for a potential central bank digital currency.

Bank of Korea

Markets

Fed Chair Powell’s Jackson Hole Speech Could Hint at US Dollar’s Future

Fed Chair Jerome Powell's speech Thursday at the annual Jackson Hole Economic Symposium highlights how much has changed over the past year.

Federal Reserve Chair Jerome Powell. (Federal Reserve, modified by CoinDesk)