CBDCs


Videos

Does the Rise of Bitcoin Signal the Decline of the Dollar?

As bitcoin’s valuation soars, some in the crypto world believe the U.S. dollar is on the decline, but Marc Chandler, of Bannockburn Global Forex, disagrees. Chandler explains his position in the crypto vs. fiat debate, why he sees crypto as “private fiat,” and how CBDCs will change the crypto ecosystem.

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Markets

Thai Central Bank to Pilot Its Retail Central Bank Digital Currency in 2022: Report

Thailand’s central bank is open to accepting public feedback on its retail CBDCs by June 15.

Thailand

Markets

Central Bank 'Money Drops' With Digital Currencies Could Fuel Inflation: Bank of America

CBDCs could facilitate central bank stimulus in the form of money drops, and lead to higher inflation, says BofA.

The U.S. government is disbursing economic impact payments directly to taxpayers. But there wasn't much bitcoin stimulus.

Videos

Bank of International Settlements Says China's Digital Yuan Will Not Have 'First Mover Advantage'

Bank of International Settlements General Manager Agustin Carstens pushed back against claims that China's digital yuan would give the country a "first mover advantage" in the world of CBDCs. Though Carstens didn't directly name China, his speech challenged "overblown" rhetoric that any one CBDC would become the world's reserve currency based on "digital nature alone." Nik De breaks it down.

Recent Videos

Videos

Eastern Caribbean Central Bank Digital Dollar Rollout Begins Wednesday

The Eastern Caribbean Central Bank launched its central bank digital currency (CBDC) rollout Wednesday, allowing people in Eastern Caribbean islands to spend and earn money in DCash, a digital version of the Eastern Caribbean dollar. We hear from Brian Popelka of Bitt, a key partner in the project.

Recent Videos

Markets

Digital Yuan Won’t Give China ‘First-Mover Advantage’ With CBDCs, BIS Chief Says

"Digital nature alone" will not be enough to give any one CBDC an edge as an international reserve asset, the BIS general manager asserts.

Agustin Carstens

Markets

Bank of Japan Forms Committee to Coordinate CBDC Efforts

Through the committee, the BOJ said it will update the private sector and policymakers and seek input on the next steps regarding a CBDC.

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Videos

Germany’s Central Bank Is Testing Blockchain-Based Alternatives to CBDCs

Germany’s Central Bank is less enthusiastic about a digital euro than its other European counterparts, citing concerns that central bank digital currencies (CBDCs) could destabilize the banking system and penalize savers. “The Hash” panel discusses the pros and cons of CBDCs.

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Markets

China Proposes Global Rules for Monitoring CBDCs

China is leading major nations in the development of a CBDC but the digital yuan project has raised concerns.

People’s Bank of China