CBDCs

The Bank for International Settlements in Basel, Switzerland (Fred Romero/Flickr)
15 Retail CBDCs Likely by 2030, BIS Study Says
A survey conducted by the Bank for International Settlements also found 93% of central banks worldwide were engaged in digital currency work in 2022.
The Bank for International Settlements in Basel, Switzerland (Fred Romero/Flickr)

(David Merrett/Flickr)
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
NY Fed’s innovation center worked with Citi, HSBC and other banks on the concept of a network for wholesale payments on a shared ledger, finding the idea has potential benefit...
(David Merrett/Flickr)

Beijing (Zhang Kayiv/Unsplash)
Singapore Bank DBS Starts e-CNY Collection Platform for Corporate Clients in China
The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.
Beijing (Zhang Kayiv/Unsplash)

New Zealand (Dan Freeman/ Unsplash)
New Zealand Is Not Exploring Crypto Regulation, but Recommends Increased Vigilance
"Issues raised by crypto-assets and other innovations do not fall neatly within agency boundaries," said Ian Woolford, Director of Money and Cash, Reserve Bank of New Zealand....
New Zealand (Dan Freeman/ Unsplash)

Developer Six Clovers Launches Cross-Border Crypto Payments on Sui
Developer Six Clovers Launches Cross-Border Crypto Payments on Sui
Digital payment company Six Clovers is launching a new Web3 cross-border crypto payment system called the "Versal Network," which allows companies to transact in stablecoins a...
Developer Six Clovers Launches Cross-Border Crypto Payments on Sui

Tokenization Opportunity Could Reach $5T Over Next Five Years: Bernstein
Tokenization Opportunity Could Reach $5T Over Next Five Years: Bernstein
The CoinDesk Market Index performance has been mixed this week, with more than half of the 152 assets having positive returns. This comes amid a recent research report from Be...
Tokenization Opportunity Could Reach $5T Over Next Five Years: Bernstein

Money Reimagined Podcast Cover
The Impact of Tokenization on the Monetary System and the Need for Tokenized Central Banks
A comparison of central bank money and the public blockchain, as well as the hurdles associated with the use of public blockchain in real-world applications from a recent BIS...
Money Reimagined Podcast Cover

The IMF is looking at crossborder payments using CBDC (World Bank/Flickr)
IMF Official Presents Blueprint for Cross-Border CBDCs
The organization wants to help cut the cost of cross-border transactions without abandoning compliance checks or capital controls, Tobias Adrian, director of IMF’s monetary an...
The IMF is looking at crossborder payments using CBDC (World Bank/Flickr)

Privacy Concerns Dominate CBDC Talks at Consensus 2023
Privacy Concerns Dominate CBDC Talks at Consensus 2023
This week, CoinDesk is exploring the crypto industry's biggest themes based on conversations held at Consensus 2023. CoinDesk deputy managing editor of Global Policy and Regul...
Privacy Concerns Dominate CBDC Talks at Consensus 2023

Nairobi, Kenya (Amani Nation/Unsplash)
Kenya Central Bank Takes Ambivalent Stance on Digital Currency
The allure of a CBDC is fading and issuing one "may not be a compelling priority," the bank said.
Nairobi, Kenya (Amani Nation/Unsplash)