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.
The Czech National Bank's Tomas Holub said in an interview that central bank digital currencies raise more questions than answers right now.
The Bank of Japan is warming to digital currencies and now has a team dedicated to researching a possible digital yen.
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.
The U.K.'s central bank is discussing the possibility of launching a digital currency, perhaps in several years.
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.