CBDC
China expands e-yuan pilot
Beijing to trail use of central bank digital currency outside of Olympic Games centres
BoE partners with MIT on CBDC
Bank of Canada and the Boston Fed have also teamed up with MIT on research projects
Project Dunbar raises ‘more questions than answers’
BIS’s multi-CBDC project focused on qualitative benefits and trialled small-scale cross-border transfers
Central bankers see ‘potential’ in stablecoins
But John Williams, Cecilia Skingsley and Perry Warjiyo warn such systems must be better regulated
Biden orders CBDC report from Fed and other agencies
Report must advise on how possible CBDC would affect US security and sovereignty
Markus Brunnermeier on the need for CBDCs
The Princeton academic co-authored a paper for the European Parliament exploring the potential pitfalls of CBDCs. But they are still needed, he says
Stablecoin risks raise need for CBDC research – Brainard
ECB’s Panetta says “stablecoins are not money”, as Brainard weighs CBDC as possible alternative
Boston Fed-MIT team hails successful CBDC test
The project’s two open-source systems were able to process large transaction volumes
RBNZ launches CBDC pilot project
Governor says central bank must maintain legitimacy by “responding to the needs of the public”
Indian government directs RBI to issue CBDC
Central bank told to prepare to issue the digital currency in 2022 and 2023
Experts divided over Fed’s ‘intermediated’ approach to CBDC
Observers praise the Fed’s conservative pace but criticise aspects of its hypothetical system design
Central banks essential to preserve trust in money – Carstens
Companies may fragment monetary system through competing stablecoins, warns BIS chief
No ‘convincing case’ for UK retail CBDC, say legislators
Report warns of potential “significant challenges” for financial stability and privacy posed by CBDC
BIS-SNB project links wholesale CBDC to core banking system
Project Helvetia’s second phase demonstrates integration of DLT with standard systems is possible
Joint CBDC project highlights promise of interoperability
Banque de France, HSBC and IBM find different technologies can still work together
Jamaica prepares for national CBDC launch
Country is in the vanguard of digital currencies as it begins its national launch this quarter
Bank of Canada paper proposes ‘expiry date’ on offline CBDC
CBDC could have expiry date to help consumers recover lost money, authors say
How to solve the payments privacy paradox
Anonymous CBDC has major drawbacks, but privacy in payments can still work, says Dave Birch
Podcast: an update on the e-naira project
Bitt’s Imran Khan explains how its project in Nigeria is different to CBDC projects launched before
Project Jura executes ‘real-life’ cross-border CBDC settlement
“Dual-notary” structure could help protect monetary sovereignty, says Benoît Cœuré
RBA says DLT network is viable option for wholesale CBDC
Project Atom proved wholesale CBDC issued over DLT network reduced risk and improved efficiency of loan payments
RBA stepping up CBDC research despite scepticism over use
Australian central bank is concerned private sector firms could dominate payments sector
BIS paper flags ‘notable gaps’ in CBDC research
Policy work on cross-border CBDCs is “marching beyond the research frontier”, say economists
CBDC issuance should not be rushed, say central bank experts
Officials at Singapore Fintech Festival warn central banks must be alert to risks of CBDCs