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CBDCs
The Future of Money
Host Joel Flynn discusses how CBDCs will actually change our life. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
BIS Report Finds CBDCs Useful in Foreign Exchange Transactions
The Bank for International Settlements (BIS) revealed in a report that CBDCs come in handy for foreign exchange transfers as they saw 20 different commercial banks conduct over 160 payments worth around a total of $22 million. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the ongoing Project mBridge and what it means for CBDC adoptions around the world.
Justin Sun on Huobi Being Acquired by About Capital
Tron Founder Justin Sun discusses the significance of Hong Kong-based About Capital acquiring crypto exchange Huobi Global. Plus, insights into decentralized stablecoin USDD, "advantages" of central bank digital currencies (CBDCs), how Binance competes against its rivals and his "highly optimistic" outlook for China's crypto scene.
Landmark CBDC Test Backed by China, Thailand and Hong Kong Deemed Success, BIS Says
The Bank for International Settlements (BIS) said a project involving multiple Asian central bank digital currencies (CBDC) has been deemed a success, facilitating over $22 million in foreign-exchange transactions. Josh Lipsky, Senior Director at Atlantic Council GeoEconomics Center, discuses CBDC progress in China and around the globe.
Outlook on CBDC Progress in the United States
Josh Lipsky, senior director at Atlantic Council’s GeoEconomics Center, joins “First Mover” to discuss the significance of creating a U.S. Central Bank Digital Currency (CBDC) despite increasing U.S. dollar strength. “While the dollar is not in any risk at the moment … there could be a fracturing of the international financial system,” he said.
Why Central Banks Around the World Are Interested in Wholesale CBDCs
While a retail central bank digital currency gets all the attention, Senior Director at Atlantic Council GeoEconomics Center Josh Lipsky says central banks around the world and their commercial banks are interested in wholesale CBDCs for bank-to-bank settlement, and explains why.
Exploring Cross-Border Use Cases of CBDCs
105 countries are exploring a potential CBDC, according to The Atlantic Council. CoinDesk Executive Director of Global Content Emily Parker discusses the latest developments on cross-border use cases of central bank digital currencies (CBDCs).
Future of CBDCs and Stablecoins
How will CBDCs and stablecoins shape Asia’s digital finance? Answers to this question and other news shaping the cryptocurrency world in this episode of “The Daily Forkast.”