CBDC


Policy

French Central Bank Puts Out Call for Digital Currency Experiments

France's central bank is calling for digital currency proposals with an experiment that moves it to the front of Europe's CBDC debate.

“We as central banks must and want to take up this call for innovation at a time when private initiatives" are accelerating, said Banque de France's Governor François Villeroy de Galhau (Image via Wikimedia Commons)

Policy

The Overton Window Opens for a Digital Dollar

As the federal government looks for ways to distribute coronavirus aid, support for a digital dollar is gaining steam in Washington D.C.

U.S. Capitol

Policy

Bank of Canada Won't Issue Its Own Crypto Unless Libra Succeeds: Deputy Governor

The Bank of Canada does not see the need to create a central bank digital currency unless a competitor – like Libra – starts dethroning the existing fiat.

Bank of Canada Deputy Governor Timothy Lane said the central bank won't issue a central bank digital currency unless a private competitor takes off. (Image via YouTube)

Finance

China Has Many Strategic Reasons to Invest in Blockchain

From stopping double-lending in its credit industry to an escape from dollar hegemony, China has every reason in the world to invest in blockchain.

china flag

Policy

Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat

Central bank digital currencies have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains.

Sveriges Riksbank is trying R3's Corda blockchain just to learn about the tech. "We need to get our hands dirty," explains Björn Segendorf, a senior advisor in the Swedish central bank's payments department. (Photo by Anna Baydakova for CoinDesk)

Policy

Sweden's Central Bank Finally Embraces DLT, but Only in Simulation Mode

Riksbank's e-krona pilot will run on distributed ledger tech, but the entire project will be operated as only a simulation through at least 2021.

krona-sverige

Markets

Davos, CBDCs, and the Rise of Bitcoin Art

The word from Davos is blockchain not crypto, cashless futures, and CBDCs, while Brekkie von Bitcoin gives us his take on the emergent field of bitcoin art.

Breakdown1-24v2

Markets

What Is a Cryptocurrency? We Need Clearer Definitions

In the wake of Libra and CBDCs, we need better definitions for what is and isn't a cryptocurrency.

Gina Pieters

Markets

Unlike Libra, Digital Yuan Will Not Need Currency Reserves to Support Value: PBOC Official

PBOC wants to distinguish its own digital currency from rival private initiatives.

pboc

Policy

'Anonymity Vouchers' Could Bring Limited Privacy to CBDCs: ECB Report

Europe's central bankers have developed an "anonymity voucher" to give prospective CBDC users limited privacy in their retail transactions.

ECB image via Shutterstock