Cash
Bank of England to lend directly to government
Central bank agrees temporary expansion of “Ways and Means” facility
Kosovan central bank rolling out response to coronavirus shock
Governor Fehmi Mehmeti says economy is vulnerable but the central bank is taking action
BoE poll signals convertibility is key to CBDC demand
CBDC does not need to be built on DLT network, BoE says
Covid-19 could accelerate CBDC development – BIS economists
Fear could promote use of CBDCs but data is yet to point to whether cash demand has changed
Fed eases capital restriction on large US banks
US repo rates stray into negative territory as investors make massive flight to safety
Bank of Portugal removes limits on credit card use
Central bank issues new regulation to encourage the use of electronic payments
Some thoughts on CBDC operations in China
People’s Bank of China deputy governor Fan Yifei outlines why he favours an indirect approach to introducing a CBDC in China
Contactless payment limit to rise in the UK
National roll-out of new limit will begin in April, but will take time, says industry body
Will cash survive Covid-19?
Fears are emerging that banknotes may carry the coronavirus. Are they justified?
Central banks grapple with dollar funding crunch
Indicators of stress hit highest levels since global crisis; dollar backstops may soon be tested
Curaçao and Sint Maarten to introduce instant payments system
Central bank partners with equensWorldline to build new dual currency system
BoE sets out design principles for retail CBDC
Paper sheds new light on BoE’s thinking on design process and possible pitfalls
RBNZ prepares unconventional policy tools
Central bank is not planning to use them yet, governor stresses
Fed ramps up Covid-19 response
Central bank in “firefighting mode”, undoing repo tapering and offering regulatory relief to banks
IMF urges caution on CBDCs in Eastern Caribbean
Scope to modernise payments, but central bank must proceed with caution, IMF staff warn
BIS paper lays out ‘crucial’ design choices for CBDC
Challenge is to design a currency that balances credibility and convenience, says Hyun Song Shin
Policy responses to Covid-19
The coronavirus outbreak poses a real threat to the global economy, writes Sayuri Shirai
Cash usage falling rapidly in Denmark
Share of the population not carrying cash doubled from 2017 to 2019
Bank of Canada developing CBDC ‘contingency plan’
Central bank could issue CBDC if private sector alternatives become quickly dominant, deputy governor says
Why Bulgaria needs to deepen its currency board
The BNB’s currency board rules should be extended to transaction deposits at commercial banks, which could in turn issue digital currencies, even in the event of euro adoption
RBNZ governor: lawmakers must help preserve cash access
New Zealand governor says industry and politicians must respond to the rise of “less cash” society
Brazil to launch instant payments platform
System is set to become operational in November 2020 and will allow tax payments
Bank of England launches new £20 banknote
BoE says the new polymer note is the “most secure” it has issued
Lawmakers should halt closures of Canadian bank branches – research
Bank of Canada paper urges lawmakers to look at Swedish proposal to keep remote branches open