CBDCs


Policy

Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report

Stablecoins' widespread usage and frequent instability could reduce the effectiveness of central bank monetary policies, Rhee Chang-yong said.

Bank of Korea

Policy

Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says

The focus is now on gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie.

(Timo Volz/Unsplah)

Policy

Mastercard Says Customers Are Too Comfortable With Today's Money for Adoption of CBDCs: CNBC

The payments giant has a CBDC Partner Program that includes participants such as Ripple, Fireblocks and Consensys.

close up of Mastercard logo and hologram on a payment card

Opinion

The Subtle Art of Slow: The CBDC Adoption Journey

Through the "slow and steady" adoption of CBDCs, central banks can ensure their place in the competitive arena of digital money, Digital Euro Association Chairman Jonas Gross and Executive Director Conrad Kraft write.

(Jason Leung/Unsplash, modified by CoinDesk)

Policy

CBDCs Good for Payments, Even With Competition: IMF

The International Monetary Fund's planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign currencies.

The IMF is looking at crossborder payments using CBDC (World Bank/Flickr)

Policy

U.S. CBDC Is Unlikely in the Near Term: Bank of America

The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.

(Jesse Hamilton/CoinDesk)

Policy

CBDCs Are 'Central' to Innovating Financial Systems, BIS Chief Says

Central banks will have a limited role to play relative to the private sector in CBDC issuance, BIS general manager Agustín Carstens said.

Agustin Carstens (Horacio Villalobos / Getty Images)

Policy

U.S. Federal Reserve's Barr Holds Line on Central Bank Needing Stablecoin Powers

Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.

Fed Vice Chair for Supervision Michael Barr (Jesse Hamilton/CoinDesk)

Policy

Digital Pound Consultation Received Over 50,000 Responses, With Privacy a Major Concern

Many of the respondents outlined concerns around privacy, programmability and the decline of cash, Jon Cunliffe, deputy governor of the Bank of England said.

Jon Cunliffe (Camomile Shumba/CoinDesk)

Videos

Sam Bankman-Fried Will Take the Stand; Deutsche Bank Tests a SWIFT Alternative for Stablecoins

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including bitcoin's price action after a better-than-expected U.S. GDP report. Sam Bankman-Fried will take the stand in his own defense, which could happen as soon as Thursday. Deutsche Bank and Standard Chartered Ventures are testing a SWIFT alternative for stablecoins and CBDCs. Plus, JPMorgan’s digital token reportedly handles $1 billion worth of transactions a day.

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