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CBDCs
Thai Central Bank Taps Cement Company for First Digital Currency Payments
The Bank of Thailand is integrating a CBDC payments system into the financials of the country’s oldest cement company in an extension of its Inthanon project.
US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies
Federal Reserve Chairman Jerome Powell said central banks should design and implement CBDCs, not private entities.
In the Wildcat Era of Stablecoins, Commercial Banks Have New Rails to Ride
Today's stablecoin market mirrors the “wildcat banking” era of the mid-1800s, when banks printed their own dollars. Like then, federal intervention is likely.
Canada’s Central Bank Is Serious About Designing a CBDC, Job Posting Reveals
The Bank of Canada is preparing to design its own central bank digital currency (CBDC), detailing its plans in a new job posting.
S. Korea's Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch
The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance.
Libra Is Ready for the Digital Money 'Space Race': Dante Disparte
Libra's most vexing challenge may be juggling inclusion and compliance. But policy chief Dante Disparte says the project is not giving up on reaching the unbanked.
Digital Currencies Could Replace Low-Interest Bank Accounts, Says UN-Linked Expert
Low-interest rates have removed one of the few remaining incentives for holding a bank account, meaning digital currency could be a better alternative, argues an economics analyst.
Digital Dollar Project Calls for 2-Tiered Distribution System in First White Paper for US CBDC
The Digital Dollar Project's first white paper describes how a two-tiered system underpinning a tokenized dollar could modernize the U.S. financial system.
First Mover: Bitcoin Could Get a Boost From Central Bank Digital Currencies
CBDCs might seem to be anathema to the mission statement of bitcoin, but they may prove to be a valuable on-ramp for new investors.
Central Banks Mull Creating a CBDC, but Not on a Blockchain: Survey
Forty-six central banks would consider a broader form of distributed ledger technology for a CBDC but aren't crazy about putting it on a blockchain.
