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CBDC
Digital Dollar Could Be Good for Financial Stability, US Federal Researchers Say
Though critics of a central bank digital currency have warned it could amplify bank runs, the Office of Financial Research says it may actually help.
France Starts Second Stage of Wholesale CBDC Experiments, Central Bank Governor Says
Banque de France head François Villeroy de Galhau said the work ensures that France stands ready to bring central bank money as a settlement asset as early as 2023.
BIS Calls for Global Collaboration With CBDC Designs
The Swiss-based Bank for International Settlements on Monday released a report produced in collaboration with the IMF and World Bank.
Governments May Restrict Foreign Access to Their CBDCs, Riksbank Official Says
Not all countries “play nicely” with each other, complicating how central bank digital currencies will interact with other payment systems, said Cecilia Skingsley, first deputy governor at the Swedish central bank.
Digital Dollar Would Secure Greenback as Global Reserve Currency, Lawmaker Argues
Rep. Jim Himes published a 15-page white paper arguing in favor of a digital dollar.
Qatar at 'Foundation Stage' of CBDC Exploration, Central Bank Governor Says
The Gulf state central banker praised the "innovation" of crypto assets.
3AC Foreclosure Concerns Grow; Fed Boost Short Lived
BlockFi is reportedly among those that liquidated Three Arrows Capital positions. Fed boost to crypto market proves short lived. Huobi to exit Thailand permanently on July 1. Hong Kong Monetary Authority joins with Bank of Israel to investigate CBDC cybersecurity. China media watchdog: NFTs are digital publications and need to be censored. Should NFT collectors be buying insurance? Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
CBDCs, Not Crypto, Will Be Cornerstone of Future Monetary System, BIS Says
A 42-page chapter in the Bank for International Settlements’ annual economic report envisions a future where programmability and tokenization are built on top of central bank digital currencies.
Major Banks Urge Caution With European Union's CBDC Plans
The European Commission should evaluate the impact of issuing a digital euro, the Institute of International Finance said.
ECB Would Limit Digital Euro to Maximum 1.5T, Says Fabio Panetta
The central bank's executive board member believes few people understand what a digital euro is because "it's complicated."
