CBDCs


Juridique

Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say

The political movement to use state commerce rules to stop central bank digital currencies is based in legal nonsense that has no power to ban anything, experts contend.

Florida Gov. Ron DeSantis ' departure from the presidential campaign field likely means less crypto talk in the 2024 election. (CoinDesk screen grab from governor's office video)

Vidéos

Christopher Giancarlo: Fight for the Future of Money in the U.S.

Christopher Giancarlo, the former chair of the CFTC, also known as ‘Crypto Dad’ said the U.S. is resisting digitization of the dollar due to it being a threat to the country’s dominance over the traditional financial system. Central Bank Digital Currencies or CBDCs are the future of money and countries that resist innovation will become irrelevant in the global financial landscape, said Giancarlo who is also the founder of the Digital Dollar Project. In a Word on the Block interview with Forkast Editor-in-Chief Angie Lau, Giancarlo expressed his disappointment over Washington’s hostility towards cryptocurrencies. His comments come in light of the recent enforcement actions against crypto by the U.S. Securities and Exchange Commission.

Word on the Block

Juridique

G-7 Finance Ministers Discuss Crypto Regulation Ahead of Japan Summit Next Week

Representatives for the seven advanced economies signaled a commitment to following norms set by standard-setters FSB and IMF on crypto and central bank digital currencies.

g7.jpg

Analyses

The Reactionary Political Theater of CBDC Bans

The jury is out on whether the benefits outweigh the risks of central bank digital currencies, but stymying research and passing premature legislation comes with its own harms.

(Mackenzie Marco/Unsplash, modified by CoinDesk)

Consensus Magazine

Central Bank Digital Currencies Are Unexpectedly Becoming a Presidential Election Issue

The United States has no plans to issue a digital dollar. So why are so many politicians coming out against the idea?

(Ryan Quintal/Unsplash, Modified by CoinDesk)

Juridique

RFK Jr. Raises Crypto Taxes, Regulation as Issues in Opening Days of 2024 Presidential Race

Democratic presidential candidate Robert Kennedy Jr. is criticizing the White House effort to establish a 30% tax for crypto mining in the U.S.

Robert F. Kennedy Jr. announces his candidacy in Boston on April 19. (Scott Eisen/Getty Images)

Analyses

In the 'Stablecoin Olympics,' No Winner Will Take All

The fight involving stablecoins, central bank digital currencies and tokenized deposits will play out across multiple disciplines. No single contender will win them all, says Dea Markova, of Forefront Advisers.

(Bryan Turner/Unsplash)

Analyses

Can CBDCs, Tokenized Deposits, Stablecoins and DeFi Coexist?

Central banks may continue to dictate monetary policies but private regulated entities, such as banks and protocols, may play an increasingly large role in distributing money to the public, Moody's senior director Yiannis Giokas writes.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Analyses

The U.S. Should Lead the Digital Future of Money

In his speech ay CoinDesk’s Consensus festival Wednesday, Chris Giancarlo, the head of the non-profit Digital Dollar Project, said a U.S. central bank digital currency is too important to be left to central bankers to design. Money is a social issue requiring broad-based public engagement.

Christopher Giancarlo (Shutterstock/CoinDesk)