CBDC
China abandons cryptocurrencies under the PBoC (this time it’s for real)
New data centres set to be established to compensate provinces for lost crypto mining revenues
CBDC: the case for ‘wait and see’
Despite growing interest, some central banks are staying out of the digital currency game
BoE’s Bailey says CBDCs could be ‘fundamental’
Innovation hub run by BoE and BIS hub likely to concentrate on CBDCs and payments, official says
BIS and French and Swiss central banks announce joint CBDC project
Project Jura will link national CBDC initiatives in bid to facilitate cross-border payment
BoE says stablecoins must be as trustworthy as commercial bank money
Stablecoins may require tailored regulation and access to emergency liquidity facilities, paper says
Thailand’s central bank picks G+D for retail CBDC project
BoT will use Filia platform for proof-of-concept
IMF warns Marshall Islands on digital projects
Local plans for digital currency and economic zone trigger concern at fund
Riksbank starts work on CBDC with external firms
E-krona pilot project to test technical solution with Handelsbanken and TietoEVRY
Chinese CBDC could bolster renminbi internationalisation – Hui Feng
Academic believes digital currency efforts could facilitate renminbi’s international acceptance and ‘popularity’
Bank of Korea to start CBDC trial in August
Central bank opts for two-tier model for retail digital currency
Sarb conducting feasibility study for retail CBDC
Central bank to investigate issuance of a “general-purpose” complement to cash
Brazilian central bank publishes CBDC guidelines
Model under consideration would be intermediated by national financial system
Benoît Cœuré on CBDCs, stablecoins and central bank fintech co-operation
BIS Innovation Hub chief voices concerns about the timing of stablecoin and CBDC roll-outs, fintech risks for supervisors and monetary policy, and details development plans for eight innovation locations
Powell announces forthcoming CBDC paper
Irrespective of US CBDC, Fed will help develop international standards, says chairman
Bahrain launches new cross-border payment pilot
Central banks plans to scale up system to handle CBDC transactions
Bank of Israel accelerates work on CBDC
Central bank has been exploring pros and cons of issuing a digital shekel since 2017
CBDCs must be interoperable – Swift and Accenture paper
Swift plans new CBDC trials for members across traditional payment rails
Digitalisation will not render Norwegian banks obsolete – deputy governor
Use of cash falling rapidly, as Norges Bank studies options to issue a CBDC
Kazakhstan’s central bank announces CBDC pilot
Central bank says it will issue token-based prototype to lenders
Georgia’s central bank launches CBDC project
Central bank says private sector involvement will be “crucial”
MAS proposes ‘unbundling digital currency stack’
Layers of governance could allow single common settlement platform for CBDCs
DNB survey finds 49% of respondents ready to use digital euro
Over half of sample had not heard of central bank-issued digital currency, survey finds
BoE and Treasury launch CBDC task force
Central bank also forms new division to lead “internal exploration” of digital currency
Sweden may have a digital currency in five years, says Riksbank governor
Sveriges Riksbank is testing e-krona pilot as Swedish cash use falls rapidly