Browsing the "CBDC" Tag

Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk

| Yogita Khatri

A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability.

IMF Chief Calls for Exploration of Digital Currencies

| Yogita Khatri

Christine Lagarde, head of the IMF, encouraged the exploration of central bank digital currencies in a speech on Wednesday.

Most Central Banks Back Digital Currency If DLT Improved: IBM Survey

| Wolfie Zhao

A new IBM survey finds most central banks polled back issuing a wholesale digital currency, but are still uncertain about blockchain's efficiency.

Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper

| Wolfie Zhao

Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada's central bank. 

US Congressman Calls for Ban on Crypto Buying and Mining

| Christine Kim

A U.S. congressman called for banning all U.S. residents from buying or mining cryptocurrencies during a hearing Wednesday.

Lawmakers to Discuss If Crypto Is ‘The Future of Money’ Next Week

| Christine Kim

The U.S. House Financial Services Committee will host a crypto hearing focused on its use as a form of money next week.

PBoC Filings Reveal Big Picture for Planned Digital Currency

| Wolfie Zhao

The continuing efforts by China's central bank to build a fully-featured digital currency product are revealed in its many patent filings.

2 APAC Nations Have Ruled Out Central Bank Digital Currencies

| Wolfie Zhao

The central banks of both Australia and New Zealand have said they do not plan to create their own digital currencies – at least for now.

The Fed Should ‘Get Serious’ About Crypto, Says Former FDIC Chair

| Christine Kim

Former chair of the FDIC, Sheila Bair, writes on the viability of CBDCs and their need for further investigation.

R3 Researcher: Central Bank Blockchain Could Go Live In 2018

| Pete Rizzo

South Korea's first major blockchain conference saw discussion of the possibility of a central bank cryptocurrency Wednesday.