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CBDCs
Digital Dollar Should Be 'Actively Explored,' Says Former CFTC Chairman
Maintaining users' privacy is a key design focus, according to Massad. "We're not China."
BTC China Co-founder Bobby Lee on China Crypto News, Impact of Three-Child Policy
Ballet CEO and former BTCC founder Bobby Lee discusses the state of crypto affairs in China and responds to the country’s newly issued three-child policy in an effort to maintain economic growth. Plus, his thoughts on Mt. Got victims beginning voting on reimbursement proposals and on central bank digital currencies (CBDCs).
Fmr. CFTC Chairman Calls for Greater Regulatory Oversight of Stablecoins
Harvard University Kennedy School of Government Senior Fellow and former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad discusses his thesis that the popular stablecoin tether could face a disruption comparable to the Reserve Primary Fund "breaking the buck" in 2008. He also comments on CBDCs and the digital dollar he expects will be developed.
China to Hold Beijing Lottery for CBDC Trial
The lottery will award 200,000 winners about $31 in digital yuan.
Thailand's Central Bank Taps German Payments Giant to Design CBDC Prototype
The hiring of a large international technology provider signals the bank is on schedule for launching its digital currency.
Sweden's Central Bank to Test Digital Currency With Handelsbanken
The Riksbank will partner with Handelsbanken to test how the e-krona might work in the real world.
CEO Piyush Gupta: DBS Bank Thinks of Itself as Tech Company Offering Financial Services
During a pre-recorded speech at Consensus 2021, CEO Piyush Gupta noted the launch of DBS Digital Exchange and its upcoming fixed income token, the demand for digital assets from high-net-worth individuals and how its new platform could be vital to sending CBDCs (central bank digital currencies) across countries and central banks.
US Lawmakers Introduce Bill to Require Digital Dollar Updates
A bipartisan bill would require the U.S. Treasury secretary to publish a report on the dollar's role in the global economy, as well as how central bank digital currency efforts are proceeding.
Consensus Day 3, Recapped: The Battle Over Electronic Money
The future of CBDCs, stablecoins and untethered cryptocurrencies was all up for grabs on an action-packed day at CoinDesk's flagship event.
