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CBDCs
Fmr. CFTC Chairman Calls for Greater Regulatory Oversight of Stablecoins
Harvard University Kennedy School of Government Senior Fellow and former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad discusses his thesis that the popular stablecoin tether could face a disruption comparable to the Reserve Primary Fund "breaking the buck" in 2008. He also comments on CBDCs and the digital dollar he expects will be developed.
CEO Piyush Gupta: DBS Bank Thinks of Itself as Tech Company Offering Financial Services
During a pre-recorded speech at Consensus 2021, CEO Piyush Gupta noted the launch of DBS Digital Exchange and its upcoming fixed income token, the demand for digital assets from high-net-worth individuals and how its new platform could be vital to sending CBDCs (central bank digital currencies) across countries and central banks.
PayPal Exec: Most Central Banks Don't Have Appetite to Own Technology
During a 1:1 session at Consensus 2021, PayPal's VP & GM, Blockchain, Crypto and Digital Currencies, Jose Fernandez da Ponte, believes central banks know what they are doing on the technology side but doesn't think they have an appetite to own the technology stack and handle millions of consumer accounts.
What Is the Future of CBDCs With Banking?
During Consensus 2021, Greg Medcraft, director of directorate for Financial and Enterprise Affairs at OECD – OCDE, and Harvesh Seegolam, governor of the Bank of Mauritius discuss the role of central bank digital currencies (CBDCs) in the future of banking.
Consumer Trust in Digital Currencies is Growing: Report
A new report commissioned by Crypto.com suggested COVID-19 and the increased awareness of CBDCs is driving global trust in digital currencies. Eric Anziani, COO of Crypto.com, discusses the report’s findings and how the crypto industry can continue to drive education and mainstream adoption of blockchain technologies.
Brian Brooks: US-based CBDC Is ‘Never’ Going to Happen
Central banks around the world are launching CBDCs, but Brian Brooks, former Acting Comptroller of the Currency and CEO of Binance.US, says it’s unlikely the U.S. will actually make its own CBDC. “It’s clearly the Chinese way. I don’t think we’re going to see that in this country,” Brooks said.
Fed's Brainard Says Global Growth of CBDCs Highlights Need for US to Develop Standards
Speaking at CoinDesk's Consensus 2021, Federal Reserve Governor Dr. Lael Brainard says the design of any central bank digital currency (CBDC) like a digital dollar would need to safeguard household payments and prevent illicit activity.
