CBDC
China’s digital yuan kicks off test on e-commerce platforms
New round of tests in Suzhou allow use of CBDC for online shopping for the first time
CBDC could give consumers power over their data – paper
Mere existence of CBDC could discipline data-hungry payments firms, authors say
HKMA and PBoC begin technical preparations for digital yuan pilot
HKMA CEO Yue says cross-border e-yuan will offer additional payment options to locals
Pressure from Facebook may speed up digital euro development – panellists
ECB does not plan to announce whether it will proceed with digital euro proof of concept until mid-2021
Saudis and UAE say shared CBDC is technically possible
“Project Aber” shows DLT can be used to upgrade cross-border payments, central banks say
Stablecoins could allow for ‘embedded supervision’ – BIS paper
But authors say CBDCs may be a more effective means of achieving the same goal
The world’s first retail CBDC tiptoes into existence
The Bahamas’ e-solutions manager Bobby Chen speaks about how Covid-19 brought forward the nationwide launch of the ‘sand dollar’, and how limits and wallet types are affecting usage
CBDC could improve banking stability – Haldane
BoE chief economist envisages banking sector split between payments and credit provision
How can central banks secure the future of money?
Central banks should start tackling the accounting, legal and policy challenges related to CBDC
Powell, Lagarde and Bailey express caution on CBDCs
Jay Powell says Fed must get any future CBDC right, rather than “being the first”
Cash usage in Norway falls to 4%
Deputy governor says CBDC research is ongoing; any future system would be controlled by central bank
Disintermediation caused by CBDC can be prevented – research
Central banks can use lender of last resort power and decrease CBDC remuneration
RBA announces wholesale CBDC project
Australia’s central bank partners with ConsenSys and local banks for proof of concept
Cambodia officially launches quasi-CBDC
Cambodia’s blockchain-powered payment system goes live
Hong Kong open to working with PBoC on digital currency
Senior government official says authorities would “actively participate” if it aids “mutual connectivity”
Token-based CBDC poses security risks – BoC paper
Bank of Canada has said token-based approach is its preferred method, but authors warn of risks
Marshall Islands readies to make waves in digital currency
Island nation ready to issue blockchain-based national currency if new government gives the go-ahead
RBA sees no immediate need for retail CBDC
Head of payments policy discusses trade-offs involved in issuance
G-7 central banks agree CBDC principles
BIS joins with leading central banks to set out principles for deciding to issue CBDCs
Bahamas prepares for nationwide CBDC rollout
Central bank says digital currency should improve financial inclusion – but it won’t be anonymous
Eastern Caribbean Central Bank official says CBDC is ‘foolproof’
Central bank asks consumers to register for second stage of digital currency pilot
Covid-19 will not result in CBDC issuance, say central bankers
Policy-makers think changes in payment behaviour will be temporary and CBDC research will take time
MasterCard launches new CBDC testing environment
New platform will allow central banks to test CBDC issuance and distribution
Norges Bank looks to narrow down CBDC options
Project enters third phase as central bank prepares recommendation on specifics of CBDC design