Digital currency
Central banks take less than 50 minutes to fix critical outages
Time tolerances for critical system downtime range from one to 32 hours
Riksbank prepares for second phase of e-krona pilot
Next phase will explore whether blockchain can handle scaled-up retail payments
Payment innovation is top fintech research priority for central banks
CBDC ranked second as central banks explore wider implications of fintech for payments
Richmond Fed: is US ready for digital dollar?
Brief argues there are questions to answer before embarking on CBDC
Central banks considering interlinked CBDC options
Agustín Carstens presents results of cross-border CBDC survey
Bank of Jamaica announces prototype CBDC partner
Irish firm eCurrency Mint will provide technology that connects with central bank’s RTGS system
A bellwether moment for CBDC plans
Launch of ‘sand dollar’ may herald a new era of CBDCs as Fed and ECB step up their preparations
Nine in 10 central banks are working on CBDCs
Very few central banks have progressed past the research phase, but those that do are working on general purpose variants
IMF cautions Marshall Islands on digital currency plans
Institutional framework to accommodate the sov is not ready, fund says
Advisory services: Oliver Wyman
The consultancy has built a reputation for analytical excellence and governance expertise
BoT says prototype corporate CBDC boosted efficiency
Thai central bank says DLT allowed cement firm to integrate payments systems with suppliers
The changing data landscape
Central Banking speaks to six policy-makers for their thoughts on the evolving data landscape and what central banks must do to adapt to a data-driven policy world.
ECB pushes for greater crypto asset powers
Central bank suggests changes to afford it greater oversight of e-money issuers
BIS and central banks partner to create CBDC ‘bridge’
Cross-border project will link up digital currencies of China, Hong Kong, Thailand and the UAE
Podcast: the legal implications of CBDC
The majority of central banks cannot issue CBDCs to the public under current frameworks
PBoC subsidiary sets up joint venture with Swift
New initiative could be involved in internationalising renminbi and developing digital currency
Ulrich Bindseil on the launch of the digital euro
ECB’s payments head speaks about the functionality, tiering and technology of the eurozone’s planned CBDC
More central banks plan experimental CBDCs – BIS
Emerging market central banks in particular are focusing on retail CBDCs, report says
Philippine central bank gains powers over crypto assets
Revised regulations create “unbroken chain of regulated entities” for virtual asset providers
Book notes: The currency cold war, by David Birch
Pleasant and interesting read on if digital money will jeopardise US dollar’s dominance in global trade and finance
The role of Tips for the future payments landscape
Tips could play a critical role in providing the infrastructure for a digital euro as well as facilitating fast and efficient cross-border payments
2020: The year in review
The past 12 months have been marked by crisis-fighting and losses, but also innovation
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