CBDCs


Markets

ECB Moves to Start Digital Euro Project

The ECB has been discussing the potential launch of a eurozone central bank digital currency since the beginning of the year.

ECB President Christine Lagarde.

Markets

3 Firms Vie to Develop South Korea's CBDC Pilot

BOK will base its evaluation on the technological capacity of each firm.

Bank of Korea

Markets

Ghana's Central Bank to Pilot CBDC in September, Calls It 'Cash on Its Own': Report

While no date has been given for the launch of a digital cedi, the deputy governor said its success would determine the next steps.

The Independence Square of Accra, Ghana.

Videos

Circle CEO Jeremy Allaire on Taking His Company Public

Jeremy Allaire of Circle, an issuer of stablecoin USDC, says he vows to make his company “the most public and transparent operator of full-reserve stablecoins in the market.” Allaire discusses taking his company public and the mission to increase transparency around USDC.

CoinDesk placeholder image

Markets

BIS, IMF, World Bank Say Central Banks Must Consider Cross-Border Implications of CBDCs

Central banks are focusing on domestic CBDC use, even though the implications go beyond borders.

BIS' headquarters building in Basel, Switzerland.

Policy

Bank of Thailand: Don't Use Crypto for Payments

The central bank stressed that cryptocurrencies are not legal tender in Thailand.

Buy things with baht, says Thailand's central bank.

Finance

France Tests CBDC Flows With Singapore Using Automated Liquidity Pool

Running on JPMorgan’s Onyx blockchain, it was the first cross-border CBDC transaction to use automated-market-making smart contracts.

The Bank of France is one of Europe's leading voices on CBDCs.

Markets

Jamaica’s Central Bank to Start CBDC Pilot With Financial Institutions in August

The bank plans to expand the trial between September and December.

Jamaican dollars.

Markets

Reserve Bank of New Zealand to Consult on Potential CBDC

One central bank official says the future "will undoubtedly involve less cash."

New Zealand bank note showing Sir Edmund Hillary.

Markets

Bank of France Carries Out Fifth CBDC Experiment With BNP Paribas, Euroclear

“This experiment made it possible to test the integration of issuance and settlement activities, including exchanges on the secondary market,” said the Bank of France.

The Bank of France is one of Europe's leading voices on CBDCs.