CBDC

Wellington, New Zealand (Wolf Zimmermann/ Unsplash)
New Zealand Starts Digital Cash Consultation
The consultation paper asked its citizens to respond on the digital cash design, whether or not interest should be paid and if there should be holding limits.
Wellington, New Zealand (Wolf Zimmermann/ Unsplash)

Hong Kong harbor skyline view into Kowloon
Hong Kong Starts New Phase of CBDC Testing
Phase 2 of the e-HKD pilot will be supported by the recently launched regulatory sandbox for testing wholesale CBDCs and tokenization, the Hong Kong Monetary Authority said.
Hong Kong harbor skyline view into Kowloon

AI-Linked Tokens Surge on Nvidia Hype; Nigeria's SEC Cracks Down on Crypto
AI-Linked Tokens Surge on Nvidia Hype; Nigeria's SEC Cracks Down on Crypto
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the 25% surge in artificial-intelligence tokens over th...
AI-Linked Tokens Surge on Nvidia Hype; Nigeria's SEC Cracks Down on Crypto

U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture, Senate Banking Committee video)
U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans
The Federal Reserve chairman said his agency isn't anywhere close to making any recommendations and wouldn't want any direct connection to retail users' data.
U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture, Senate Banking Committee video)

Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)
Nigeria's Central Bank Enlists Gluwa Nigeria to Boost eNaira Systems, Adoption
Adoption of the central bank digital currency pales in comparison to cash use in the country.
Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)

Hong Kong harbor skyline view into Kowloon
Hong Kong’s Central Bank Announces New Wholesale CBDC Project to Support Tokenization Market
Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenized money," HKMA said.
Hong Kong harbor skyline view into Kowloon

The Philippines plans on issuing a wholesale CBDC (Alexes Gerard/Unsplash)
Philippines Rules Out Blockchain for Wholesale CBDC Seen Likely by 2026: Report
The country's central bank does not plan on issuing a retail version of the digital currency.
The Philippines plans on issuing a wholesale CBDC (Alexes Gerard/Unsplash)

Auckland, New Zealand (Dan Freeman/Unsplash)
New Zealand Central Banker Adrian Orr Says Stablecoins Aren’t Stable: Report
The central banker said fiat money is more credible than stablecoins because it has the power of government behind it.
Auckland, New Zealand (Dan Freeman/Unsplash)

'Consumer Protection' Is Needed for Crypto Industry, Sen. Lummis Says
'Consumer Protection' Is Needed for Crypto Industry, Sen. Lummis Says
Sen. Cynthia Lummis (R-Wyo.) answers some rapid fire questions from CoinDesk's Jennifer Sanasie about guidelines needed in crypto, who the lawmaker has spoken to recently from...
'Consumer Protection' Is Needed for Crypto Industry, Sen. Lummis Says

Spot Bitcoin ETFs Are Ready for 'Prime Time,' Sen. Cynthia Lummis Says
Spot Bitcoin ETFs Are Ready for 'Prime Time,' Sen. Cynthia Lummis Says
Sen. Cynthia Lummis (R-Wyo.) reacts to the length of time it took for the Securities and Exchange Commission (SEC) to greenlight spot bitcoin ETFs in the U.S. "The foot draggi...
Spot Bitcoin ETFs Are Ready for 'Prime Time,' Sen. Cynthia Lummis Says