BIS Researchers Grapple With Implications of Interoperable CBDCs
Central bank digital currencies would largely benefit countries if they work together to eliminate traditional banking frictions, a research note said.
Diem
The Diem white paper suggests the company would be open to discussions with central banks about providing this service.
Circle Brings on Former Libra Vice Chair Dante Disparte in Potential Blow to Facebook Stablecoin Effort
Apr 12, 2021
Disparte will help Circle's global expansion efforts, CEO Jeremy Allaire wrote in a blog post.
The pilot would see a single stablecoin pegged to the U.S. dollar.
“We believe the case for intervention in the wider cryptocurrency markets is less immediately pressing,” Economic Secretary to the Treasury John Glen said Tuesday.
"We’re not a bank and we don’t want to become a bank and we don’t want to compete with our customers who are banks," said Brad Smith.
