Digital currency
Norges Bank looks to narrow down CBDC options
Project enters third phase as central bank prepares recommendation on specifics of CBDC design
Bailey urges early intervention on stablecoin risks
BoE governor says multi-currency stablecoins do not appear to be viable payment systems at present
BoE open to heterodox tools in new research agenda
Traditional tools of economic analysis “cannot always answer every question”, says Andrew Bailey
DLT could improve US payments – Fed team
Fed’s “FooWire Project” built simulated payments network using DLT platform
Facebook’s libra could disrupt collateral markets – IMF paper
Collateral used to back ‘stablecoins’ such as libra will be unavailable for reuse
Boston Fed and MIT collaborate on digital currency research
Research results on software architecture will be released as open source
Chinese state-run banks start testing PBoC’s ‘e-wallet’
Four biggest state banks trialling payments system for PBoC’s “digital yuan”
Bank of Japan intensifies CBDC research
Central bank appoints new CBDC head as ruling party warns Chinese effort poses security threat
Timothy Lane on CBDCs and why the private sector is no competition for central banks
BoC deputy governor discusses the difference between a private-sector digital currency and a CBDC
MAS finishes work on prototype blockchain payments system
Singaporean central bank and investment fund will share details of blockchain-based payments system
The evolving role of central bank money in payments
The multiple-issuer/one-currency paradigm is set to remain in a CBDC world
PBoC partners with tech giant to test digital yuan
Chinese ride-hailing firm partners with PBoC digital currency research arm to test digital yuan
Bank of Japan to begin testing CBDC
BoJ publishes report on feasibility of digital yen
CBDC can boost de-dollarisation and inclusion – Cambodia
Cambodia’s central bank says its quasi-CBDC network can promote use of local currency
BIS expands innovation hub network
Several new locations unveiled in Europe and North America
Covid-19 has highlighted payments systems problems – BIS report
Pandemic may have strengthened case for central bank digital currency, report says
Singapore and China to deepen collaboration on green finance
MAS chief proposes working together in areas including loan syndication and verification
Bank of Thailand to build trial CBDC payment network
Project will see cement company using blockchain network to process suppliers’ payments
Bank of Korea sets up digital innovation division
Korean central bank aims to increase CBDC research and create new statistics system
CBDC could endanger maturity transformation – Philadelphia Fed paper
Opening central bank balance sheet to consumers could create “deposit monopolist”, research says
Campos Neto on reforming Brazil’s economy amid Covid-19 distress
Brazil’s governor details emergency asset purchase plans and backs extending SDR funding
Fed could exploit helicopter money with digital currency system – former officials
Simon Potter and Julia Coronado propose recession insurance bonds and Fed-backed digital currency as crisis tools
Banque de France CBDC project uses blockchain to settle transactions
Central bank and French lender use blockchain platform to pay for €40m securities tokens
MAS will regulate token derivatives
Central bank updates securities legislation to regulate tokens offered by approved exchanges