Digital currency
Banknotes: October to December 2022
A round-up of news and salient issues that have affected central bankers in the past three months
RBI set to launch retail CBDC pilot
Retail version of the e-rupee will be issued as tokens in same denominations as cash
Chile’s Costa on tackling inflation, forex interventions and nowcasting
The Central Bank of Chile governor speaks about stubbornly high prices, Fed policy spillovers, reserve buffers, retail CBDC and the need to address unconscious bias
African central banks expect CBDC to boost policy transmission
BIS survey finds greater focus on transmission and financial inclusion among African institutions
BoJ to test CBDC next year, reports say
Two-year pilot project will examine whether digital currency can work without internet access
Bahamas regulator clarifies mystery withdrawals after FTX collapse
Court documents reveal sprawling FTX subsidiaries worldwide
FTX collapse: what went wrong?
Regulators close in as downfall of major exchange rips through crypto sector
BIS tests stablecoins in its first retail CBDC project
Project Aurum with HKMA also explored a token model
Nigerian governor says new banknotes will lessen cash hoarding
Governor says 85% of notes are outside banking system as finance minister criticises move
China’s CBDC will have “managed” anonymity, says PBoC governor
Yi Gang says authorities must balance between protecting privacy and fighting illicit activity
PBoC welcomes anti-corruption probe into deputy governor
PBoC removes Fan Yifei from list of top officials and releases statement supporting investigation
OCC to create fintech office
US regulator will appoint chief financial technology officer to lead regulation of sector
BIS and central banks say multi-CBDC platform trial was a success
Central banks of China, Hong Kong, Thailand and UAE took part in US$22 million cross-border trial
Should a CBDC really be like cash?
Electronic and physical cash are fundamentally different and must be treated as such, writes Dave Birch
Educating banks is key to CBDC project, ECCB officials say
Crypto asset providers tried to take advantage of CBDC launch, deputy governor says
Eswatini central bank signs contract for CBDC research
Giesecke + Devrient hired as “technical consultant”
Demand for cash in turbulent times
Antti Heinonen analyses trends in cash use as Covid fades, but new shocks take its place
CBDC, cash and fast payments: the view from the IMF meetings
Digital currency and fast payments present ample opportunity for improvements, say policy-makers
China’s CBDC spending surpasses 100 billion yuan
PBoC vows to promote e-yuan use beyond retail payments
RBI working towards phased CBDC launch
Central bank preparing for pilots in both retail and wholesale digital currency
Digital dollar could reduce unbanked in US by 93% – Dallas Fed paper
Inclusion need not come at the cost of disintermediation, researchers find
Australia’s central bank invites CBDC proposals
RBA aims to launch a CBDC pilot early next year
People: new climate risk officer at OCC, Sama hires CBDC head, and more
Saudi Central Bank names CBDC director; Dominican Republic and Tunisia announce senior appointments
NY court orders world’s largest stablecoin issuer to prove reserves
Defendants accused of crypto market price manipulation