You Searched For "central bank digital currencies" and got 18 results
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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
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
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
The Fed may release its long-awaited paper on central bank digital currencies as early as next week, report says
Jerome Powell has said CBDCs would negate the need for stablecoins, but other observers say a digit…
Isabelle Lee
2 mins read
Central banks that don't issue their own digital tokens could see demand for their currencies drop - CBDCs could even be part of their policy toolkit, Bank of America says
Central bank digital currencies are inevitable and could even play a part in monetary policy, Bank …
Sophie Kiderlin
2 mins read
Global central banks are pressing ahead with testing digital currencies, with China leading the way
The Bank of Japan's central bank digital currency committee held its first meeting Friday, and Chin…
Harry Robertson
3 mins read
Central bank digital currencies could be the future of finance. Goldman Sachs analysts break down how they might work
Goldman analysts said 19 countries are testing central bank digital currencies but are wary of hurt…
Harry Robertson
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
2 mins read
Central banks' digital currencies must not harm their monetary mission - and must complement cash, G7 finance leaders say
"If issued, a CBDC would complement cash and could act as a liquid, safe settlement asset and as an…
Shalini Nagarajan
2 mins read
Central bank digital currencies do not threaten the existence of cryptocurrencies, Morgan Stanley says
Morgan Stanley said cryptocurrencies will coexist with CBDCs, with bitcoin and others increasingly …
Harry Robertson
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
A non-profit will launch 5 pilot programs over the next year to test the viability of a central bank digital currency in the US
The initiative - backed by Accenture - was launched last year to look into potential advantages of …
Isabelle Lee
2 mins read
Japan's plans for a digital yen could start to take shape next year, according to a top lawmaker, report says
The head of Japan's ruling party's digital currency initiative said this could provide clarity on i…
Sophie Kiderlin
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
2 mins read
Central bank digital currencies could use networks like ethereum, China's former digital yuan chief says
The former head of China's digital yuan project said central bank digital currencies could use smar…
Sophie Kiderlin
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
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
Boston Fed president Eric Rosengren says more research is needed before the US launches a central bank digital currency
While the central bank acknowledges the advantages of CBDCs, the Fed's Eric Rosengren said they can…