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CBDCs
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.

Nigeria Court Approves CBDC Rollout: Report
The court ruled that the rollout of the CBDC was a matter of national interest and should proceed.

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.

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.

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.

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.”

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.

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.

Visa Working on Interoperability Platform for Stablecoins, CBDCs
The channel would allow cryptocurrencies to be transferred between different blockchains.

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.
