Digital currency
Most central banks resistant to crypto in retail payments
Just six central banks are open to retail payments being facilitated by digital assets like bitcoin
CBDC would have little effect on real economy – BoK paper
Researcher says CBDCs would have marginal but positive effects on output
Saudi Central Bank joins mBridge
Cross-border CBDC project with China, Hong Kong, Thailand and the UAE opens up further to private sector
Most Germans would use digital euro – Bundesbank
Privacy, sturdiness and offline functionality among top concerns, survey finds
Cross-border payments key to boosting riel, Cambodian governor says
QR payments set to expand to India and Japan, as central bank aims for independent monetary policy
Central Bank of Brazil delays crypto regulation to end of year
Second public consultation to be launched
China links CBDC to Hong Kong’s fast payments system
Hong Kong residents can top up wallets via 17 retail banks as PBoC continues to promote use
HKMA creates tokenisation advisory group
New group includes BIS Innovation Hub, regulators, academics, banks and tech firms
Bundesbank’s Nagel: central bank business models are changing
Panetta says wholesale CBDC likely to launch sooner than retail; Das gives update on digital rupee
Retail CBDC complexity may discourage adoption, says research
Kansas City Fed author argues Caribbean CBDCs have struggled to add value
Binance founder sentenced to four months in prison
Nigerian court adjourns separate money laundering case against the crypto exchange
BoJ considers allowing external access to CBDC data
Digital yen API sandbox launched in April
US requests three-year prison sentence for Binance founder
World’s largest crypto exchange agreed to pay $4.3 billion for violating money laundering laws
RBNZ seeks views on design of ‘digital cash’
New Zealand central bank continues proof-of-concept work on “private and secure” CBDC
Bundesbank partners with MIT on digital euro privacy
EU previously raised concerns about single access point to verify holding limits
Carstens advances vision for future tokenised financial system
‘Finternet’ proposal envisages payments across linked unified ledgers
Bank of Israel to launch CBDC sandbox
Central bank will invite banks and fintechs to experiment with API, deputy governor says
CBDCs could increase financial instability, Fed paper says
Central banks should consider price and quantity tools to mitigate risks, researchers say
Slight majority of US consumers ‘warm’ to CBDC, survey says
Respondents most interested in free use and widespread market adoption, Philadelphia Fed finds
Central Banking Awards 2024: fourth round announced
BIS wins Green initiative award; other awards go for currency, CBDC and AML systems
Fintech Benchmarks 2024 – model banks analysis
Data reveals how advanced and emerging economy central banks structure their fintech functions
HKMA launches next phase of CBDC pilot and sandbox
Hong Kong project will explore programmability, tokenisation and atomic settlement
BSP says it will complete wholesale CBDC pilot this year
Philippines central bank will test CBDC for interbank fund transfers and securities settlement
Has mobile money achieved what retail CBDCs aspire to?
Central Banking Spring Meetings: Fintech panellists discuss financial inclusion and bank casualties