You Searched For "cbdcs" and got 20 results
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2 mins read
Dollar dominance could give way to a new regime that includes the euro, yuan, CBDCs, and maybe something 'we have yet to see'
"Within the next decade or two, there is great potential for regionally-dominant currencies and a m…
Filip De Mott
2 mins read
Florida Governor Ron DeSantis proposes banning a digital currency from the Fed, arguing it will stifle innovation and promote surveillance
"The Biden administration's efforts to inject a centralized bank digital currency is about surveill…
Matthew Fox
2 mins read
The Treasury just gave the strongest indication yet that the US will get a digital dollar, but an expert says proliferation of CBDCs poses risks to the dollar.
Industry experts broke down the implications of a digital dollar following a Wednesday speech from …
Phil Rosen
1 min read
Crypto industry will 'come up with new things' and national digital currencies are moving ahead despite recent turmoil, BIS says
"I would assume that the industry will learn from these failures and they will come up with new thi…
Brian Evans
2 mins read
China's yuan will end US dollar dominance and create a bipolar currency system in the next decade, says 'Dr. Doom' Nouriel Roubini
"The intensifying geopolitical contest between Washington and Beijing will inevitably be felt in a …
Brian Evans
2 mins read
The Boston Fed and MIT publish long-awaited research on central bank digital currencies
The 35-page white paper was borne out of a joint initiative announced in 2020 that aimed to explore…
Isabelle Lee
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
1 min read
Jamaica is rolling out its central bank digital currency in the 1st quarter of 2022 after a successful pilot
After the announcement of a prototype CBDC in March, the pilot began in May and concluded in Decemb…
Isabelle Lee
2 mins read
'Britcoin' moves closer to becoming reality after the Bank of England says it will launch a consultation on the digital pound in 2022
The UK central bank is asking for views on the merits of it issuing its own digital currency, which…
Camomile Shumba
2 mins read
China is pressing US companies like McDonalds and Visa to accept its e-yuan at the Winter Olympics: report
China is pressuring US companies to accept payments in digital yuan at the Winter Olympics, accordi…
Camomile Shumba
8 mins read
CBDCs — The fight for fiat currencies to remain relevant in the age of digital cryptocurrencies
Many countries are looking at launching a central bank digital currency (CBDC) to take advantage of…
2 mins read
The adoption of central bank digital currencies is 'inevitable' - though the US still has 2 problems to overcome, says Bank of America
"Central banks have the power and the will to prevent a very bad outcome," the analysts said, addin…
Isabelle Lee
2 mins read
Central bank digital currencies could be necessary for digital innovation and competition, Bank of Canada says
Central bank digital currencies could also increase and protect welfare, the Bank of Canada said in…
Sophie Kiderlin
2 mins read
G7 leaders favour CBDCs provided they ‘support and do no harm’ to central banks
Just because fiat currencies, like the US dollar or the pound, would be issued digitally does no…
2 mins read
The use of central bank digital currencies would fuel demand for other crypto assets, study shows
People would become more comfortable using digital currencies if they were established by central b…
Carla Mozée
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
3 mins read
Sam Bankman-Fried says Biden's crypto order won't move the needle, but Cameron Winklevoss calls it a watershed. Here are the 8 top reaction quotes from crypto players.
President Joe Biden finally signed a executive order on crypto. Mike Novogratz and Antony Scaramucc…
Adam Morgan McCarthy
2 mins read
India should ban 'Ponzi' private cryptos or risk wrecking the country's financial system, a top RBI central banker has warned
Private cryptocurrencies are worse than a Ponzi scheme, and could wreck India's ability to control …
Hamza Fareed Malik
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
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…