CBDC


Opinion

Banks Aren’t Going to 'HODL' Bitcoin

New proposals from the Bank for International Settlements are unlikely to lead banks to hold bitcoin. But they could open the door to CBDCs, says our columnist.

(Sirisvisual/Unsplash)

Policy

Bitcoin, Stablecoins the Worst Options for Cross-Border Payments, ECB Study Says

A senior central banker said state-backed digital currencies would be quicker and cheaper.

CBDCs would be better than bitcoin or stablecoins at speeding up cross-border payments, a European Central Bank study says. (Raimund Linke/Getty Images)

Policy

Digital Euro Needs Curbs to Halt Lending Crunch, ECB Study Finds

The economic evidence appears to support calls to cap how much central bank digital currency people can hold, to stop them fleeing banks all together, the study suggests.

En un principio, el euro digital se utilizará solo para pagos personales. (Koron/Getty Images)

Finance

Bank of Central African States Urged to Introduce Common Digital Currency: Report

The regional bank is a staunch critic of the Central African Republic's decision to make bitcoin legal tender in April.

Calle de Camerún, uno de los países en los que funciona el Banco de Estados de África Central. (Eduoard Tamba/Unsplash)

Layer 2

US 'Missing From the Table' on CBDC Discussions: Atlantic Council Director

Josh Lipsky joined CoinDesk TV’s “First Mover” to discuss the advancement of central bank digital currencies and why concerns over privacy and interoperability could influence global adoption.

Josh Lipsky, of Atlantic Council’s GeoEconomics Center (CoinDesk TV, modified by CoinDesk)

Layer 2

Ex-CFTC Chairman Discusses Celsius' Bankruptcy and CBDC Adoption

The former Commodity Futures Trading Commission chief joined CoinDesk TV’s “First Mover” to discuss why the bankruptcy of lender Celsius Network could set legal precedent in future crypto hearings, and why the likelihood of CBDC adoption worldwide could be based on Chinese technology.

Former CFTC Chief J. Christoper Giancarlo on "First Mover." (CoinDesk TV screenshot)

Policy

Australian Central Bank Chief Believes Regulated Private Tokens Could Be Better Than CBDCs: Report

Governor Philip Lowe spoke at a panel discussion at the G20 finance officials' meeting in Indonesia on Sunday.

Sydney, Australia (Photo by Johnny Bhalla/Unsplash)

Policy

Digital Euro Would Be a Success Only if Widely Used, ECB Says

The European Central Bank expects to complete the investigation phase of its digital euro project in the autumn of 2023.

European Central Bank officials laid out objectives for its retail digital euro as its two-year CBDC experiment continues. (Raimund Linke/ Getty)

Policy

Former Crypto Adviser Michael Barr Confirmed as Top US Financial Watchdog

The Senate approved the appointment of Barr, an ex-Ripple adviser who served in Obama’s Treasury Dept., as the Fed’s new vice chair for supervision.

Michael Barr (Tasos Katopodis/Getty Images)

Policy

South African Central Bank to Look at Regulating Crypto

The country may also issue a central bank digital currency.

Kuben Naidoo, a deputy governor of the South African Reserve Bank (Horacio Villalobos/Corbis)