CBDCs


Markets

Bank of Japan Puts Top Economist in Charge of Digital Yen Initiative

The central bank's most senior economist now runs the department responsible for the digital currency task force and working group with other central banks.

Bank of Japan, Tokyo

Markets

Central Bank Board Member Says CBDCs Raise More Questions Than Answers

The Czech National Bank's Tomas Holub said in an interview that central bank digital currencies raise more questions than answers right now.

Tomas Holub, Czech National Bank board member (CNB)

Policy

Bank of Japan Forms New Team to Explore Central Bank Digital Currency

The Bank of Japan is warming to digital currencies and now has a team dedicated to researching a possible digital yen.

Bank of Japan, Tokyo

Markets

Bank of England Considering a Central Bank Digital Currency, Governor Says

The U.K.'s central bank is discussing the possibility of launching a digital currency, perhaps in several years.

The Bank of England

Markets

Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday's Hearing

While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.

U.S. Senator Mike Crapo discussed stablecoins in his opening remarks during a hearing on digitizing money Tuesday. (Chief Mass Communication Specialist F. Julian Carroll/Wikimedia Commons)

Markets

BIS Plans New Central Banking Fintech Research Hubs in Europe, North America

The Bank for International Settlements is expanding its “Innovation Hub” with a handful of new locations in Canada and Europe.

Benoit Coeure, head of the BIS Innovation Hub

Policy

Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday

Witnesses will discuss stablecoins and tokenized dollars during Tuesday's Senate Banking hearing on the digitization of money.

Christopher Giancarlo (CoinDesk archives)

Markets

Blockchain Bites: Rethinking Libra, Craig Wright and Something Smells Fishy in Blockchain

Craig Wright will go to trial, while IBM and a Norwegian association team up to track salmon on blockchain.

(icedmocha/Shutterstock)

Markets

CBDC Issuance Is 'Not a Reaction' to Libra, Says Central Bank Body

The Bank for International Settlements appears to contradict its own prior statements in a new digital payments report.

Part of the BIS headquarters, the Botta Building in Basel

Markets

Thai Central Bank Taps Cement Company for First Digital Currency Payments

The Bank of Thailand is integrating a CBDC payments system into the financials of the country’s oldest cement company in an extension of its Inthanon project.

Thai baht