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CBDCs
SEC Commissioner Hester Peirce on the Challenges of Cryptocurrency Regulation
SEC Commissioner and “Crypto Mom” Hester Peirce discusses her take on crypto regulation as the SEC’s authority garners attention from Congress. “All of us are going to be challenged as regulators in thinking about how to regulate while making sure that we preserve the important American fundamental of innovation and privacy,” Peirce said.
Bank of Estonia Finds 'Unlimited' Potential in Digital Euro Test
Eesti Pank found a blockchain-based solution could support an almost unlimited numbers of payments being processed at the same time.
What to Expect From Tuesday’s Crypto Hearings in DC
CoinDesk’s Nikhilesh De discusses what to expect from two crypto-focused hearings commencing Tuesday: the first by the U.S. Senate Banking Committee discussing the topic of “Cryptocurrencies: What are they good for?” and the second by the House Financial Service Committee on CBDCs.
India Issues CBDC Update, Korea Threatens to Block Exchanges
India issues update on CBDC plans. Korea threatens to block access to foreign crypto exchanges. Hong Kong’s Animoca Brands launches NFT accelerator. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
India's Central Bank Considering Pilot Programs for CBDC: Report
Deputy Governor T. Rabi Sankar said a CBDC would reduce the use of cash and protect citizens from the volatility of cryptocurrencies.
China Unveils Cryptography Research Center to Support Digital Yuan
The institute will be used to develop applications of the technology in an effort to boost security for China's central bank digital currency.
Hester Peirce on SEC’s Role in Crypto Regulations, Stablecoins, CBDCs
Responding to Sen. Elizabeth Warren urging the SEC to figure out its role in crypto regulation, SEC Commissioner and “Crypto Mom” Hester Peirce clarifies what the SEC can and cannot do. “There is an awakening in D.C. now realizing that crypto is here to stay,” Peirce said.
Argentina's Misiones Province Plans to Issue Its Own Stablecoin
If issued, Misiones' stablecoin will be used as a financing and transaction tool with private and public entities.
Canada CBDC 'Probably Necessary' for Competition, Central Bank Says in Paper
The authors argue a central bank digital currency will likely be positive for Canadians, breaking monopolies in big tech and traditional finance.
US Senators Ask Team USA to Boycott China’s Digital Yuan at 2022 Olympics
As central banks around the world race to establish a CBDC, Republican senators Marsha Blackburn, Cynthia Lummis and Roger Wicker are calling on the U.S. national team to effectively boycott China’s digital currency at the 2022 Winter Olympics in Beijing, citing privacy concerns. “CBDC nationalism could get really ugly,” host Zack Seward said.