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Speech by Mr Howard Lee, Deputy Chief Executive of the Hong Kong Monetary Authority, at the BIS Innovation Summit 2021, 23 March 2021.

Policy-makers question whether CBDCs will make international payments faster and cheaper

Ripple released a new whitepaper that depicted XRP's utility as a bridge currency for CBDCs. XRP has broken through the key level of $0.50. What should be expected of the cryptocurrency in the shor

Agustín Carstens, Jerome Powell and Jens Weidmann highlight risks of acting too fast

The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs.

China Imposes Further Restrictions on Online Consumer Loans for College Students Over the past few years, some internet finance platforms have targeted college campuses and made inductive marketing through cooperation with technology companies. Such practices led some students into excessive consumption and even debt traps.

Speech (via prerecorded video) by Mr Jerome H Powell, Chair of the Board of Governors of the Federal Reserve System, at "Pushing the frontiers of payments: towards faster, cheaper, more transparent and more inclusive cross border payments", a conference hosted by the Committee on Payments and Market Infrastructures, Basel, Switzerland, 18 March 2021.

After issuing a warning against a Baht-pegged stablecoin produced by a South Korea-based firm, Thailand plans to introduce a series of regulations for stablecoins in 2021.

According to Deutsche Bank analyst and Harvard economist Marion Laboure, the next two to three years should be a turning point for Bitcoin.

Cross-border payments are inefficient, and technology could play a role in making them better. One means could be through interoperating central bank digital currencies (CBDCs), forming multi-CBDC (mCBDC) arrangements. This paper explores dimensions of payment system interoperability, how they could feature in mCBDC arrangements and where potential benefits lie. These benefits are especially relevant for emerging market economies poorly served by the existing correspondent banking arrangements. Yet competing priorities and history show that these benefits will be difficult to achieve unless central banks incorporate cross-border considerations in their CBDC development from the start and coordinate internationally to avoid the mistakes of the past.

The Baht-pegged stablecoin produced by Terra has come under fire from Thai bankers.

The U.S. does not want cash to go extinct in the presence of a CBDC, according to the Fed’s chairman.

The Bank of Thailand is warning citizens against using the illegal THT stablecoin.

CBDCs: Bank of Japan confirms plans for "preparing thoroughly" to potentially launch a Central Bank Digital Currency.