CBDCs


Markets

Bank of America Calls CBDCs ‘More Effective' Than Cash in Research Note

The second largest U.S. bank said that the rise of CBDCs was "inevitable."

Bank of America

Videos

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.

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Markets

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.

Estonian, EU flags.

Videos

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.

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Videos

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.”

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Markets

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.

Reserve Bank of India

Markets

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.

cryptography image

Videos

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.

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Markets

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.

Iguazu Falls

Markets

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.

Bank of Canada