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CBDC
Digital Euro Isn't Pressing, but Work Should Continue: Spanish Central Bank Governor
Europe's "highly efficient" payment systems leave space to address social and financial concerns of a central bank digital currency, Pablo Hernández de Cos said.
Wholesale CBDC Interest 'Doubled' in Past Two Years: Atlantic Council's Josh Lipsky
Atlantic Council GeoEconomics Center Senior Director Josh Lipsky discusses the state of CBDCs across the globe, explaining how they have evolved this year and how they might be adopted in the future.
130 Countries Are Exploring a CBDC: Atlantic Council
According to the Atlantic Council, 130 countries are currently exploring a central bank digital currency (CBDC). Atlantic Council GeoEconomics Center Senior Director Josh Lipsky discusses the key takeaways from the report, sharing insights into the state of digital money and CBDC exploration around the world.
CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds
A Bank for International Settlements, or BIS, study found that privacy increases participants' willingness to use a CBDC by up to 60% when purchasing privacy-sensitive products.
BitGo CEO Says More Bitcoin ETF Rejections Are 'Quite Likely'; Tether's Bitcoin Mining Plans
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the reason why BitGo CEO Mike Belshe believes the SEC could reject a series of spot bitcoin ETF applications. Bloomberg reports on Tether's new efforts to become a bitcoin mining giant. And, what a Mastercard executive is saying about mass adoption of central bank digital currencies (CBDCs).
CBDCs Good for Payments, Even With Competition: IMF
The International Monetary Fund's planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign currencies.
CBDCs Can Replace Cash in Island Economies, IMF Chief Says
Kristalina Georgieva, Managing Director of the International Monetary Fund, said recently in a speech that central bank digital currencies (CBDC) can replace physical money, especially in economies where cash deployment is costly. While some institutions like the European Union’s apex bank ECB have insisted that a CBDC will not replace cash, Georgieva’s comments indicate it could be a possibility – and even beneficial – for some economies.
Kazakhstan Central Bank Marks Digital Tenge Pilot With First Retail Payment
The National Bank of Kazakhstan plans to implement a digital tenge by the end of 2025.
Central Bank Digital Currencies Can Replace Cash, Offer Resilience: IMF Chief
The public sector should continue to prepare for CBDC deployment, IMF Managing Director Kristalina Georgieva said.
UK Cabinet Reshuffle Gives Bim Afolami Responsibility for Crypto, CBDC, Replacing Griffith
His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.
