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Bank of England Governor Andrew Bailey Says Bitcoin Falls Short in Payments but Stablecoins May be Useful

Andrew Bailey, the Governor of the Bank of England, spoke at the Brookings Institue in the US this week and he tackled a hot topic: cryptocurrencies. More specifically, Bailey spoke about the efficacy, or lack of, when using certain digital assets in payment transactions. Bailey

Sep 4, 2020crowdfundinsider
Brazil Could Deploy CBDC by 2022, Says Central Bank President

According to Brazil’s Central Bank president Roberto Campos Neto, the country has all the necessary implementations set in place for a digital currency issuance to happen in 2022.

Sep 4, 2020blockchainnews
Digital cold war? United States and China vie for blockchain supremacy

As the tech standoff heats up, China launching a CBDC before the U.S. “absolutely does not guarantee global financial preeminence.”

Sep 3, 2020cointelegraphSand Dollar
MIT is helping the Boston Fed build a CBDC that can be scaled for consumer use

Can MIT help the U.S. catch up to China in the CBDC race?

Sep 3, 2020cointelegraphProject Hamilton
Bailey urges early intervention on stablecoin risks

BoE governor says multi-currency stablecoins do not appear to be viable payment systems at present

Sep 3, 2020centralbanking
CBDC Privacy and Transparency: Double-Edged Sword of Blockchain

Privacy and transparency of CDBC, to enslave us or free us? that's the question.

Sep 3, 2020blockchainnews
Norges Bank looks to narrow down CBDC options

Project enters third phase as central bank prepares recommendation on specifics of CBDC design

Sep 3, 2020centralbanking
Chinese state-run bank launches, then disables, digital yuan wallet

PBoC’s digital yuan wallet was briefly available via China Construction Bank’s mobile app

Sep 2, 2020centralbanking
Bank of Korea Seeks a Consulting Partner to Accelerate CBDC Launch

The Bank of Korea (BoK) is in search of a consulting partner to help develop the architecture for its Central Bank Digital Currency (CBDC).

Sep 1, 2020blockchainnewsDigital yen
Digital Yuan will “Hardly Put a Dent” in US Dollar Dominance and its Role as Global Reserve Currency, Cornell Professor Claims

Digital yuan will "hardly put a dent" in US dollar dominance and its role as global reserve currency, Cornell professor claims.

Aug 29, 2020crowdfundinsidere-CNY
Digital yuan doesn't pose a threat to the hegemony of the dollar, says expert

Foreign investors still doubt the PBoC's policies when it comes to the RMB exchange rate.

Aug 28, 2020cointelegraphe-CNY
Central Bank of Brazil Forms a Digital Currency Study Team to Drive CBDC Research Forward

The Central Bank of Brazil is planning the potential issuance of a Central Bank Digital Currency (CBDC) by setting up a research study group.

Aug 27, 2020blockchainnewse-CNY
Brazil’s central bank examines the benefits of a CBDC

Brazil’s central bank believes you’ve got to change money, to save money.

Aug 27, 2020cointelegraph
CBDC projects aim to complement cash – BIS survey

Many central banks are creating “hybrid” CBDCs, according to survey of 32 projects

Aug 26, 2020centralbanking
China's DCEP Testing Limited to Small Retail Transactions for Now

The People’s Bank of China (PBOC) has affirmed that the testing of its CBDC project is concentrated only to small scale transactions for now.

Aug 25, 2020blockchainnewse-CNY