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CBDC
India's Central Bank Crystalizes CBDC Vision in Concept Note
"Currently, we are at the forefront of a watershed movement in the evolution of currency that will decisively change the very nature of money and its functions," said the RBI.
Atlantic Council Director Sees 'Splintering' Financial System if US Falls Behind on CBDCs
Josh Lipsky, senior director of the Atlantic Council, joined “First Mover” to discuss how a U.S. CBDC could be a trendsetter for the rest of the world, once it gets beyond the research stage.
Financial Messaging System SWIFT Says It Has Proved It Can Lead Global CBDC Framework
SWIFT, a key part of the conventional financial system that helps make cross-border payments between banks, has presented a framework for a global central bank digital currency (CBDC) system, claiming to have solved the challenge of interoperability between different networks. “The Hash” hosts discuss what this means for the future of digital payments.
Republican Lawmakers Who Oppose a Fed-Issued CBDC Ask for Justice Department's Assessment
The report came in response to President Biden's executive order on crypto.
SWIFT Says It's Proved It Can Be the Way Forward for Global CBDCs
The financial messaging system said it has carried out transactions between different blockchain networks using both central bank digital currencies and fiat currencies.
EU Lawmakers Attack Amazon’s Involvement in Digital Euro Project
Lawmakers from different parties cited worries over data privacy and taxation.
Peer-to-Peer Validation for Digital Euro Might Not Be Feasible, ECB Says
The central bank will soon start developing a rulebook for its CBDC initiative.
Central Banks of Israel, Norway and Sweden Team Up to Explore Retail CBDC
Results of the project, run by the Bank for International Settlements, are expected in the first quarter of 2023.
ECB Official Defends Amazon’s Role in Testing a Digital Euro
Being independent in payments shouldn’t mean protectionism, central banker Jürgen Schaaf said.
Digital Euro Could be More Popular Beyond EU's Borders: Lagarde
Authorities in the EU, U.S. and other jurisdictions need to compare notes on central bank digital currencies to regulate them better, according to the ECB chief.
