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CBDCs
Digital Ruble 'Promising,' Pilot Likely in 2021, Says Bank of Russia Chief
The Bank of Russia might launch its own CBDC, a digital ruble, after piloting the project at the end of next year, its chairwoman said.
Central Bank of Bahamas Launches Landmark 'Sand Dollar' Digital Currency
The Bahamas has officially launched the world's first national digital currency, the sand dollar.
The US Risks Getting Left Behind on CBDCs
The Federal Reserve's “wait and see” approach to digital currency could deprive the U.S. of important fiscal and monetary tools as its rivals move ahead.
CBDCs Mean Evolution, Not Revolution
Central bank digital currencies can help create a more inclusive financial system, says the innovation chief at the Bank for International Settlements.
Japan's LINE Launches CBDC Development Platform: Report
LINE reportedly said it has several "major" Asian nations in discussions over using the CBDC platform.
A New ‘Bretton Woods’ Moment?
The IMF has said it’s time to re-evaluate the global economic order, but what does that really mean?
Fed Chair Jerome Powell Emphasizes Caution in CBDC Remarks
Saying “It's more important to get it right than to be first,” Federal Reserve Chairman Jerome Powell suggested the U.S. isn’t rushing to win a global race to develop a Central Bank Digital Currency. Speaking at the annual International Monetary Fund meeting, he did, however, reiterate that research is moving forward and spoke of experiments underway.
Major Meeting of Central Banks Produces Same Old 'Evaluating' CBDCs Refrain
CBDCs continue to draw attention from central bankers, but panelists at an IMF event – including the Federal Reserve – do not expect to see their nations launch one soon.
IMF Says CBDCs Have Potential, but Don't Solve Every Issue
Countries might benefit from issuing central bank digital currencies, but they’re not a panacea for every ailment, a new IMF report says.
Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions.
