CBDCs


Policy

Republic of Palau Joins Hands With Ripple to Develop Digital Currency Strategy

The fintech company will explore the country’s first digital currency strategy and its use case.

Ripple (Shutterstock)

Finance

Bank of England Governor Touts CBDCs Over Stablecoins: Report

BoE chief Andrew Bailey said the bank wouldn’t be moving into the retail bank account business through a CBDC.

Bank of England Chief Andrew Bailey

Finance

Brazil’s Central Bank to Launch CBDC Pilot in 2022: Report

The final version of the central bank digital currency is expected to come in 2024.

Central Bank of Brazil (CoinDesk Archive)

Policy

Biden and the Fed: Why Powell or Brainard Won’t Change Much for Crypto

Both candidates are seen as taking a tough stance on crypto regulation, but they’re also both seen as dovish – possibly beneficial for bitcoin’s inflation narrative.

Federal Reserve Chair Lael Brainard (C-Span, modified by CoinDesk)

Policy

Peru’s Central Bank Is Developing a CBDC

The central bank’s president said that the country is partnering with other central banks in the issuance of a domestic CBDC.

Peru flag

Policy

Nigeria’s eNaira Wallet Nears 500,000 Downloads in First 3 Weeks: Report

Africa’s first CBDC launched in late October.

e-naira, nigeria

Policy

Bank of England and UK Treasury to Assess Case for a CBDC Next Year

The earliest time a digital pound could be rolled out is the second half of the decade.

bank of england

Policy

ECB’s Panetta Says CBDCs ‘Likely’ to Be Legal Tender: Report

However, this status “should not be taken for granted.”

ecb, sign

Policy

Singapore’s Central Bank Is Laying the Foundations for a CBDC It Doesn’t Think Is Needed: Report

There is, however, no urgent need for a retail CBDC in the country, according to MAS Managing Director Ravi Menon.

Singapore