CBDCs


Videos

Blockchain in Asia: China’s Ripple Effect

Throughout Asia, the race is on to lead not just the region but the world in the blockchain and digital currency space. China may have been first out of the gate, but the rest of Asia is scrambling to keep up.

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Policy

Singapore’s Central Bank, IMF Launch Global Challenge for CBDC Solutions

The Monetary Authority of Singapore’s “Global CBDC Challenge” will be supported by Amazon Web Services, Mastercard, Hyperledger and others.

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Markets

Swiss National Bank Has No Plans for a Digital Currency: Report

The Swiss National Bank tested the feasibility of CBDCs in 2020.

Zug, Switzerland

Policy

Palestine’s Central Bank Reportedly Mulling a CBDC Launch

Palestinians do not have an independent currency, and rely on the Israeli shekel and Jordanian dinar.

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Markets

BIS Says Bitcoin Has Few Redeeming Attributes

Cryptocurrencies are "speculative assets rather than money" used in many cases to facilitate financial crime, the central bank organization said.

BIS headquarters in Basil, Switzerland.

Videos

Cash for CBDCs at Beijing ATMs; Asia Sees New Unicorn in Amber Group

More than 3000 ATMs from ICBC, AgBank in China to offer CBDC-to-cash swap. ‘Crypto king’ nabbed in India as government re-evaluates regulatory bill. HK-based Amber Group becomes Asia’s latest unicorn after raising funds. 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

Bank of Israel Has Already Tested a Digital Shekel

The official said he is not optimistic about an Israeli CBDC being launched.

Israeli Shekels

Markets

Banque de France Extends Wholesale CBDC Experiment

The French central bank used a CBDC to simulate the settlement of securities trading.

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

Markets

European Central Bank Can Better Protect Digital Payment Privacy, Exec Board Member Says

Privacy in the digital euro is a focal point for Europeans as are concerns of security and interoperability.

European Central Bank, Frankfurt, Germany

Policy

Bank of England: Any UK CBDC Will Be 'Tens of Thousands' Times More Efficient Than Bitcoin

The fintech lead at U.K.’s central bank urged eco-conscious citizens not to “throw the blockchain baby out with the bitcoin bathwater.”

Bank of England