Digital currency
PRA’s Mills on future fintech challenges for supervision
Chief operating officer discusses tensions caused by disruptive innovation
Modernising currency management
Central banks strive to optimise currency operations, even as relative importance of cash drops
ECB’s Mersch attacks Facebook over ‘cartel-like’ libra structure
Senior ECB official accuses currency project of “treacherous promises”
PBoC says new digital payment system is almost ready
New electronic payment system will use double-layer framework for digital currency
Ripple attempts to pacify US regulators after libra hearings
Payments service provider says crypto assets would be complementary to dollar
US lawmakers slam Facebook’s ‘delusional’ Libra plan
Libra executive grilled at US hearing over Facebook’s history of scandals
Regulators prepare response to Facebook’s Libra
Plans under way for G7 working group, as crypto asset plans draw criticism in Europe and US
Facebook unveils new ‘currency’
Social media group says it plans to “reinvent money” with payment system backed by liquid reserves
CBDC could raise bank funding costs – Philadelphia Fed
Choosing an appropriate interest rate could help alleviate problem, say researchers
Riksbank opens procurement for e-krona development
Central bank intends to commission platform for electronic central bank payments in 2020
CBDC need not pose stability threat – paper
Markus Brunnermeier and Dirk Niepelt say some arguments about CBDC are “questionable”
Draghi dismisses crypto assets
ECB head describes bitcoin as “very, very risky”
Bank of Samoa warns of crypto asset con
The Ponzi scheme is apparently spreading via churches
Motivations and prospects for central bank digital currency
Sayuri Shirai surveys the many forces driving increased interest in CBDC
Central banks will not rescue firms from future of payments – ECB’s Cœuré
Market disruption is likely as incumbent banks fight to remain relevant
Boston Fed research encourages tokenisation for ecommerce
Payment method could reduce fraud, paper says
Riksbank reports positive feedback on second e-krona report
Central bank argues electronic currency would protect access to state-guaranteed money
EBA launches register of payment and electronic money firms
Freely available online register brings together national authorities’ data
Menon backs blockchain as Project Ubin enters new phase
The MAS aims to expand Project Ubin into instant 24/7 cross-border platform, says Menon
Bahamian central bank chooses start-up to spearhead CBDC project
The pilot currency is expected to be running by 2020, governor says
Central bank digital currencies need bigger incentive to succeed, researchers find
IMF paper estimates the potential demand for central bank digital currencies
Central Banking expands fintech bandwidth
New fintech category; newsletter to offer insights into related opportunities and threats
Five digital currency questions for central banks
Central bankers need to take a view on the ongoing disruption to monetary systems, argues Adam Csabay
CBDC is mixed bag for financial stability – Bank of Korea
Central bank paper highlights stability concerns but adds some positives