CBDC
Countries Should Set Up Legal Frameworks to Support CBDCs: BIS Chief
It is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin Carstens general manager of the Bank for International Settlements said.
By Camomile ShumbaSep 27, 2023
Digital Euro at Least 2 Years Away, ECB’s Lagarde Says
The European Central Bank chief said she wanted to address “conspiracy theories” about CBDCs and government snooping.
By Jack SchicklerSep 25, 2023
U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans
The House Financial Services Committee approved a bill meant to prevent a U.S. central bank digital currency.
By Jesse HamiltonSep 20, 2023
Hong Kong-Israel CBDC Project Examines Security, Privacy, Accessibility
Project Sela claims to settle directly on central bank balance sheets without compromising people's data
By Jack SchicklerSep 12, 2023
Digital Euro Conspiracy Theories and Privacy Concerns Put EU Central Bankers in the Hot Seat
Officials promise privacy controls for the possible new CBDC, but are less clear how to respond to wilder opposition.
By Jack SchicklerSep 11, 2023
U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off
Michael Barr, who leads the central bank’s regulatory efforts, said the Fed remains in the basic research phase and would need actual legislation from Congress to authorize the move.
By Jesse HamiltonSep 8, 2023
Russian Lawmaker Predicts That Digital Ruble Will Displace Banks
Soon it will be possible to get a loan in the digital ruble and decisions will be made by a robot, Anatoly Aksakov, the head of the State Duma Banking Committee, said, expressing his opinion in a meeting.
By Camomile ShumbaSep 6, 2023
Controversial Digital Euro Plan to Be Led by Architect of Landmark MiCA Crypto Law
Center-right lawmaker Stefan Berger, who previously negotiated the MiCA crypto law for the European Parliament, now heads up a CBDC proposal many colleagues are skeptical about.
By Jack SchicklerAug 30, 2023
Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs
India has already made significant progress towards a wholesale and retail CBDC even though a full-scale launch is awaited.
By Amitoj SinghAug 28, 2023
Australia's CBDC Likely Some Years Away, Central Bank Says
The report said that in a way a "CBDC could be viewed as an enabling complement to, rather than substitute for, private sector innovation."
By Amitoj SinghAug 23, 2023