CBDC
Sweden does not yet need CBDC, inquiry finds
Report recommends strengthening access to cash and other offline payment methods
Towards legal CBDCs
Officials at the Bank of Thailand and Bank of Jamaica on how their CBDC design choices interact with the law
Islamic banking most at risk of negative CBDC effects
IMF paper highlights risk of unremunerated and small retail deposits
CBDC needs good preparation, warn central bankers
Panellists say financial literacy, research and infrastructure must come first
Swift completes cross-border CBDC settlement pilot
Banque de France, Bundesbank and the MAS among central bank participants
BIS Project Icebreaker proposes cross-border retail CBDC model
Central banks used smart contracts and worked with FX providers to cut costs and risk
RBA official raises concerns over CBDC
Central bank proceeding with pilot despite potential drawbacks
Agent-based models shed light on CBDC dynamics
Take-up could be as high as 25% of total money, but depends on design choices, IMF research finds
Digital pound unlikely to be monetary policy tool – Cunliffe
Deputy governor says effect of paying interest unclear and could clash with other objectives
Carstens sets out vision for future monetary system
Programmable money on shared ledger would preserve two-tiered structure
Russia to launch CBDC pilot in April
Central bank exploring cross-border functionality to evade sanctions
Bank of Japan to start CBDC pilot in April
Central bank presses ahead with designing a general purpose CBDC
Laotian central bank launches CBDC pilot
Bank of the Lao PDR working with Japanese government and fintech firm to test CBDC
Digital pound would help resist ‘walled gardens’ – BoE’s Cunliffe
Tech firms may be able to quickly gain payments dominance, which a CBDC could break
BoE launches design phase of ‘digital pound’ project
UK likely to issue central bank digital currency as anchor for monetary sovereignty
CBDCs need ‘self-custody’ to achieve inclusion – MIT Media Lab
Self-custody is currently “impossible for state-issued currency in the digital realm”
PBoC launches offline CBDC payments
Users can also conduct e-yuan transactions with 0% battery
Russia developing cross-border CBDC settlement
Research into two proposed models for digital ruble exports to begin in Q1
E-yuan uptake disappointing, former PBoC researcher says
Xie Ping argues consumer cash needs already met by other services
Shoppers in Hong Kong encouraged to use e-yuan
PBoC’s mainland expansion of digital renminbi continues
Kazakhstan explores crypto co-existence in Binance CBDC trials
World’s largest crypto exchange working on crypto regulation in other central Asian states
Brazilian governor outlines digital wallet and CBDC plans
Governor says CBDC model should avoid flight from bank deposits
BoE tenders for CBDC mobile wallet
Central bank will not release wallet to the public but says it wants to “sharpen functional requirements”
RBA’s Jones calls for more analysis on CBDC
Benefits need to be set against “careful consideration” of downsides, assistant governor says