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CBDC
Libra Shows Central Banks' Failure on Cross-Border Payments: Riksbank
A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.
UK Central Bank Chief Sees Digital Currency Displacing US Dollar as Global Reserve
BOE governor Mark Carney called on Friday for the creation of a wholly digital alternative to the U.S. dollar.
China’s Digital Fiat Wants to Compete With Bitcoin – But It’s Not a Crypto
China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface.
Thai Central Bank Builds Blockchain Solution for Digital Currency Project
The Bank of Thailand has moved ahead with its digital currency project lnthanon by building a blockchain-based prototype solution to settle inter-bank payments.
Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk
A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability.
IMF Chief Calls for Exploration of Digital Currencies
Christine Lagarde, head of the IMF, encouraged the exploration of central bank digital currencies in a speech on Wednesday.
Most Central Banks Back Digital Currency If DLT Improved: IBM Survey
A new IBM survey finds most central banks polled back issuing a wholesale digital currency, but are still uncertain about blockchain's efficiency.
Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper
Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada's central bank.
US Congressman Calls for Ban on Crypto Buying and Mining
A U.S. congressman called for banning all U.S. residents from buying or mining cryptocurrencies during a hearing Wednesday.
Lawmakers to Discuss If Crypto Is 'The Future of Money' Next Week
The U.S. House Financial Services Committee will host a crypto hearing focused on its use as a form of money next week.
