Digital currency
Digital dollar could reduce unbanked in US by 93% – Dallas Fed paper
Inclusion need not come at the cost of disintermediation, researchers find
Australia’s central bank invites CBDC proposals
RBA aims to launch a CBDC pilot early next year
People: new climate risk officer at OCC, Sama hires CBDC head, and more
Saudi Central Bank names CBDC director; Dominican Republic and Tunisia announce senior hires
NY court orders world’s largest stablecoin issuer to prove reserves
Defendants accused of crypto market price manipulation
Australian senator introduces bill to regulate e-yuan
International use of the CBDC viewed as boosting China’s strategic power
Social media: an essential tool for central bank communication
Strategies to secure popularity, comprehensibility and reputation as new media takes centre stage
Myanmar may go on money laundering blacklist, report says
Opposition calls on New York Fed to unfreeze Myanmar assets to back proposed digital currency
Iran legalises crypto for imports
Trading crypto domestically still illegal, central bank tells citizens
Banknotes: July to September 2022
A round-up of news and salient issues that have affected central bankers during the past three months
Ethiopia tells crypto firms to register with cyber security agency
National Bank of Ethiopia had said transactions using crypto are illegal
PBoC launches new phase of e-yuan pilot
Consumers in some cities can use prototype CBDC for public transport and housing
Book notes: Can’t we just print more money?, by Rupal Patel and Jack Meaning
A genuinely readable but non-neutral introduction to economics
Book notes: The Fed unbound, By Lev Menand
This book highlights need for charter-like oversight of shadow banking sector
Fed announces new guidelines after master account controversy
Rules will impose tight scrutiny on non-conventional applicants
Campos Neto predicts end of credit cards
Brazil governor says Pix will be model for region’s payment systems
UN warns against rapid adoption of crypto in developing nations
Tax evasion depletes resources for development, report finds
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
Central African Republic launches crypto asset
Regional central bank reaffirmed ban on cryptocurrency after CAR made bitcoin legal tender
Crypto emissions will lower valuations, says ECB paper
European banks must incorporate crypto into estimates of climate transition risks
BoJ to study impact of CBDC on bank deposits
Report says safeguards needed to prevent possible “rapid shift” from bank deposits to CBDC
Chile central bank opens CBDC survey
Poll is part of gradually unfolding evaluation of potential digital currency
US targets North Korean crypto hacking
Treasury seeks co-operation to better enforce sanctions on North Korea and Russia
Crypto a ‘wake-up call’ for central banks
Digital economy needs CBDC as risk-free asset, say panellists at ECB’s Sintra conference