CBDCs


Finance

Hong Kong Monetary Authority Releases CBDC White Paper to Study Prospect of e-HKD

The city’s de facto central bank said its publication is the “first among similar papers” published by central banks to detail transaction traceability while preserving privacy.

(Jerome Favre/Bloomberg via Getty Images)

Policy

Nigeria Court Approves CBDC Rollout: Report

The court ruled that the rollout of the CBDC was a matter of national interest and should proceed.

nigeria, niara

Policy

Fed to Launch CBDC Review as Early as This Week: Report

Officials at the Fed are set to release a paper soliciting public comment on a central bank digital currency.

Federal Reserve Chair Jerome Powell (CoinDesk screenshot)

Policy

CBDC Impact on Banking Sector Could Be Manageable: New BIS Report

Three new reports by a BIS working group analyze policy options and practical implementation issues of a retail CBDC.

BIS headquarters in Basil, Switzerland.

Finance

Brazil’s Central Bank Says Local B3 Stock Exchange Could Be Oracle of Its CBDC

B3 said, however, that it is still too early to define its role in the development of Brazil’s central bank digital currency.

Central Bank of Brazil. Credit: Shutterstock/Alf Ribeiro

Policy

Fed Chair Powell Says He Has ‘No Intention’ of Banning Crypto

When asked about earlier comments he had made about CBDCs replacing private crypto, Powell said he’d “misspoken.”

Fed Chair Jerome Powell (Sarah Silbiger/UPI/Bloomberg via Getty Images)

Policy

Nigeria to Postpone Its CBDC Launch: Reports

The central bank is delaying the eNaira’s start as the African nation gears up to celebrate the 61st anniversary of its independence, according to two reports.

Lagos, Nigeria

Videos

Visa Working on Interoperability Platform for Stablecoins and CBDCs

Payments behemoth Visa has proposed a platform to enable interoperability between central bank digital currencies (CBDCs) and other stablecoins. The “universal payments channel” (UPC) aims to allow the cryptocurrencies to be transferred between different blockchain networks.

CoinDesk placeholder image

Finance

Visa Working on Interoperability Platform for Stablecoins, CBDCs

The channel would allow cryptocurrencies to be transferred between different blockchains.

(Sinisa Botas/Shutterstock)

Finance

Bank of England Unveils CBDC Forum Members, Including Reps From Asos, PayPal and Spotify

The formation of two forums was announced in April to explore a potential UK CBDC that would exist alongside cash and bank deposits.

The Royal Exchange. (QQ7/Shutterstock)