G-7 Finance Officials Outline Policy Principles for Retail CBDCs
Any CBDC must “do no harm” to central banks’ ability to maintain monetary and financial stability.
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Oct 14, 2021 at 10:56 a.m. UTC
Oct 14, 2021
G7
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FATF Plenary Kicks Off Today
The Financial Action Task Force, a G7 initiative to develop policies against money laundering and terrorism financing, is holding an ongoing plenary session with cryptocurrenc...
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Jun 22, 2021 at 3:02 p.m. UTC
Jun 22, 2021
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House Financial Services Committee to Hold Hearing on Central Bank Digital Currency
Several crypto-related hearings are scheduled in the U.S. Congress this month. The first is being held Tuesday by the House of Financial Services Committee regarding central b...
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Jun 15, 2021 at 2:41 p.m. UTC
Jun 15, 2021
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Treasury Secretary Yellen Says Inflation Could Reach 3% This Year As Recovery Continues
At a G7 meeting this past weekend, Treasury Secretary Janet Yellen said inflation rates could rise as high as 3% through the rest of 2021 but maintained this price increase is...
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Jun 7, 2021 at 5:37 p.m. UTC
Jun 7, 2021
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Former CFTC Chairman Warns G7 Nations of Perils Getting CBDCs Wrong
Former CFTC Chairman J. Christopher Giancarlo says the U.S. has the opportunity to create a digital dollar with “aspirational desire” that protects user privacy rights and dis...
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Feb 12, 2021 at 5:40 p.m. UTC
Feb 12, 2021
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G-7 Financial Leaders to Discuss CBDCs and Other Looming Crypto Questions Friday
As G-7 financial leaders meet Friday to discuss digital currency and digital taxation, coordinated efforts on part of the G-7 to set a standard for CBDCs are forthcoming. Glob...
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Feb 9, 2021 at 5:54 p.m. UTC
Feb 9, 2021
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G7 Officials Stress Need to Regulate Digital Currencies: US Treasury
The U.S. Treasury Department issued a statement following a virtual call with other G7 members.
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Dec 7, 2020 at 4:28 p.m. UTC
Dec 7, 2020
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Bank of Canada Governor Says Digital Dollar Project Moving Past Trial Stage
Tiff Macklem said Canada's digital dollar initiative is progressing past the experimental phase and the G7 needs to coordinate on digital currencies.
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Oct 29, 2020 at 10:13 a.m. UTC
Oct 29, 2020
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FSB Recommends Stablecoin (Libra) Safeguards as G7 Continues Blockade
Finance officials never once named libra. But they didn't have to; the proposed stablecoin's shadow still looms large.
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Oct 13, 2020 at 6:44 p.m. UTC
Oct 13, 2020
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G7 Warns of Crypto Threat From Tidal Wave of Ransomware Attacks
Paying ransomware hackers to decrypt infected computers doesn't always work, and may even be a crime in some countries.
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Oct 13, 2020 at 4:45 p.m. UTC
Oct 13, 2020