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CBDCs
Germany's Central Bank Tests Blockchain Solution to Counter CBDCs
The Bundesbank has been looking for settlement solutions that do not require a CBDC.
Jamaica's Central Bank to Pilot CBDC Beginning in May
The Bank of Jamaica will pilot the CBDC in its fintech regulatory sandbox from May to December.
Brian Brooks: Does the Digital Dollar Have to Be Built by the Government?
Former Acting Comptroller of the Currency Brian Brooks reacts to Powell’s and Yellen’s comments on the digital dollar project, saying a “government-issued digital dollar doesn’t fulfill the promise of a network-based economy … the way that private stablecoins do.” Brooks says that “most good things in our lives were built by the private sector.
Ripple Touts Role for XRP in Central Bank Digital Currency White Paper
The crypto asset could be used as a "neutral bridge" between different currencies, Ripple says.
Former Bitcoin Critic and 'Wolf of Wall Street' Predicts $100K BTC
Jordan Belfort, the former stockbroker known as the "Wolf of Wall Street" has changed his tune on bitcoin. "The Hash" panel breaks down Belfort's previous statements about central bank digital currencies superseding bitcoin, and whether Belfort's price predictions should even be taken seriously.
People's Bank of China Official Says Fully Anonymous Digital Yuan ‘Not Feasible’
The central bank needs to balance privacy for users with "international consensus" on risk control, the director of the PBoC's Digital Currency Research Institute said
BIS Researchers Grapple With Implications of Interoperable CBDCs
Central bank digital currencies would largely benefit countries if they work together to eliminate traditional banking frictions, a research note said.
Bank of America Says DeFi Potentially ‘More Disruptive’ Than Bitcoin
In a new report titled “Bitcoin’s Dirty Little Secrets,” Bank of America had a lot to say about bitcoin. Decentralized finance’s potential to overshadow bitcoin, the uses of Ethereum and the future of CBDCs were all also covered in BoA’s report. “The Hash” panel has a lot of unpacking to do.
Federal Reserve’s Powell Says CBDCs ‘Need to Coexist With Cash’
The Fed chairman spoke at a virtual payments conference hosted by the Basel Committee on Banking Supervision.
