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The Chief Economist of the International Monetary Fund (IMF), Gita Gopinath, expressed in an opinion piece in the Financial Times that digital currencies would not displace the US Dollar as the cur
There has been a good amount of discussion regarding Central Bank Digital Currencies (CBDCs) - digital iterations of the Euro, Dollar etc. Many central banks are experimenting with the concept. Another thought-provoking idea is the creation of a 'synthetic hegemonic currency' as proposed by the
China’s central bank reports that it is “progressing smoothly” with its development of a government-backed digital currency.
The Hong Kong Institute of Bankers has reportedly onboarded six digital banking institutions as corporate members.
Jens Weidmann, President of Germany's central bank (Bundesbank) and a governing councilor at the European Central Bank (ECB), told Handelsblatt this week that much needs to be understood before central banks should get into issuing a digital currency like Facebook's Libra or Bitcoin, commonly referred
Separating CBDC functions between tiers could disincentivise use during crisis periods
Pilot will be rolled out to rest of country after June 2020, says governor Rolle
Proof of concept blends anonymity with AML/CFT regulation
The U.S. could possibly lose the digital war to China if it doesn’t issue a digital dollar ahead of the digital yuan.
What are the key advantages and disadvantages of CBDCs?
Cointelegraph reached out to leaders of the crypto and blockchain space to find out what their New Year’s wish was for the industry.
South Korea's central bank plans to organize a task force dedicated to central bank digital currency research in the new year.
Russia's Central Bank is reportedly testing several stablecoins, head of reserve bank Elvira Nabiullina confirms.
The Central Bank of the Bahamas is planning to pilot a digital version of the Bahamian dollar in the Exuma district starting December 27.