You Searched For "cbdc" and got 14 results
Sort By:
2 mins read
Visa is testing a platform that will support central bank digital currencies in partnership with blockchain firm ConsenSys
Payment rival Mastercard already launched a similar CBDC testing platform in December 2020, also in…
Isabelle Lee
1 min read
India is considering a phased roll-out of a central bank digital currency
Deputy Governor T. Rabi Sankar said politicians are eyeing a CBDC to protect citizens from the vola…
Isabelle Lee
1 min read
Treasury Secretary Janet Yellen says a central bank digital currency must support the US dollar's global dominance
A CBDC "could become a form of trusted money comparable to physical cash" and offer some of the ben…
Phil Rosen
2 mins read
Bank of England official says Britcoin CBDC launch is 'probable'
Cunliffe clarified the BoE will continue to make physical cash available, especially for the 1.2 mi…
Isabelle Lee
2 mins read
Fed punts on the creation of a digital dollar in long-awaited report on central bank cryptocurrencies
The Fed said the report wasn't intended to indicate "any imminent decisions about the appropriatene…
Natasha Dailey
2 mins read
Fed Governor Waller is 'highly skeptical' that the Fed needs to create a central bank digital currency
Waller doesn't see how a Fed CBDC would solve any major problems in the US payment system such as s…
Carla Mozée
2 mins read
Central bank digital currencies could save global corporations $100 billion per year, JPMorgan says
The 35-page report looked into a CBDC network that operates 24/7 and focused on Southeast Asia, whi…
Isabelle Lee
2 mins read
China is giving away digital yuan worth $6.2 million in a Beijing lottery as it tests out its CBDC, reports say
Beijing residents can win "red packets" worth 200 yuan each in a lottery held by China's central ba…
Sophie Kiderlin
3 mins read
A fully digital US dollar would be a better online currency than crypto, new Fed report suggests
A Fed-backed digital dollar would allow for fast and secure transfers without a third party or the …
Ben Winck
2 mins read
A 'Britcoin' would carry financial stability and security challenges and there's 'no convincing case' for one, says House of Lords report
The report from Parliament's upper chamber arrives as the Bank of England explores introducing a di…
Carla Mozée
2 mins read
A digital dollar could speed up benefit payments and aid 'underbanked" Americans, says Fed Governor Lael Brainard
A CBDC could provide a foundation on which private-sector competition could flourish, says Fed Gove…
Carla Mozée
3 mins read
'Britcoin' may soon be a reality after the Bank of England says it is looking more deeply into a digital pound
There's no decision yet, but the Bank of England's modellers assume one-fifth of all UK retail bank…
Amanda Cooper
2 mins read
Stablecoins could exist alongside a digital dollar as CBDCs could help secure global payments systems, Fed Vice Chair Lael Brainard says
A CBDC "could coexist with and be complementary to stablecoins and commercial bank money," Brainard…
Carla Mozée
2 mins read
The UK will explore a Bank of England-backed cryptocurrency called 'Britcoin'
A new task force was launched to explore a central bank digital currency, which is envisioned to ex…