Digital currencies
Should a CBDC really be like cash?
Electronic and physical cash are fundamentally different and must be treated as such, writes Dave Birch
Educating banks is key to CBDC project, ECCB officials say
Crypto asset providers tried to take advantage of CBDC launch, deputy governor says
Eswatini central bank signs contract for CBDC research
Giesecke + Devrient hired as “technical consultant”
Digital dollar could reduce unbanked in US by 93% – Dallas Fed paper
Inclusion need not come at the cost of disintermediation, researchers find
Is there a case for a retail CBDC in Japan?
A BoJ-managed, account-ledger ‘digital yen’ tied to the new Kotora payments may offer some potential
US CBDC research ‘could take years’, says Treasury
Report weighs design choices that could underpin digital dollar
Myanmar may go on money laundering blacklist, report says
Opposition calls on New York Fed to unfreeze Myanmar assets to back proposed digital currency
US will take ‘some time’ to decide on CBDC, Powell says
Fed chair says it must act to prevent inflation expectations rising
Case for retail CBDC ‘not compelling’ in Singapore – Menon
But MAS is building CBDC and sees some “promising use cases” for digital assets
Nigerian governor announces second phase of CBDC project
E-naira has been used in transactions worth $9.5 million, Emefiele says
Fed issues guidance for banks using crypto assets
Federal Reserve seeks more disclosure from banks holding crypto
CBDCs could hugely improve cross-border payments – ECB’s Bindseil
“Holy grail” of secure, instant universal payments could be a reality in next 10 years, authors say
Chinese CBDC should not be as anonymous as cash, says PBoC official
Mu Changchun says small digital wallets will allow anonymity, but says freedom needs constraints
CBDCs could limit bank runs, US paper argues
Digital currency could make policy-makers better able to handle banking panics, say researchers
Central African Republic launches crypto asset
Regional central bank reaffirmed ban on cryptocurrency after CAR made bitcoin legal tender
US regulators gear up for CBDC work
US Treasury and Fed governor hint at the next steps in CBDC development
Chile central bank opens CBDC survey
Poll is part of gradually unfolding evaluation of potential digital currency
Japan and Soramitsu to conduct Asia-Pacific CBDC studies
Observers note de-dollarisation and spread of e-yuan as potential motivations
Legal certainty: the Achilles’ heel for CBDCs?
Many central banks lack legal certainty when it comes to issuing digital currencies, despite all the research and trials. Isn’t it time to get the lawyers involved?
Panama’s president vetoes parts of crypto law
Bankers’ association also opposes law, which president says lacks AML protections
CBDC and bank intermediation in the eurozone
An assessment of the impact different ‘digital euro’ designs related to remuneration and usage limits could have on the banking system, including during times of stress*
Book notes: The future of money, by Eswar S Prasad
Prasad’s book is the best on the topic so far, providing the most complete description of issues and factors that will shape the future of money
Digital yuan being tested at Chinese high school
“Smart ID card” allows students to make purchases – and parents to track them
Digital euro could be reality by 2026 – ECB’s Panetta
ECB will step up engagement with authorities and investigate means of issuing CBDC