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A growing academic literature examines the economic implications of central bank digital currencies (CBDCs). The main focus is on their "reserves for all" aspect and the balance sheet issues for central banks, as well as the implications for monetary policy and financial stability. By contrast, in policy circles, the emphasis is on designing CBDCs to achieve public policy goals within the current two-tier payment system. This implies a division of labour between the public and private sector, thus keeping the footprint of the central bank limited.
China’s CBDC hit 62 billion yuan in total transactions processed, according to PBoC’s digital currency head.
Grüezi und herzlichen Dank für die Einladung. Heute möchte ich über etwas sprechen, das sowohl Kantonalbanken als auch Zentralbanken betrifft – Innovation.
Speech by Mr François Villeroy de Galhau, Governor of the Bank of France and Chairman of the Autorité de contrôle prudentiel et de resolution (ACPR), at the ACPR-AMF Forum Fintech, Paris, 11 October 2021.
Nigerian government officials have big expectations regarding the eNaira.
Digital payment Mastercard CEO Michael Miebach expresses his strong support for CBDC on the Q3 earnings conference call.
The world's third-largest consumer payment processor remains bullish on the adoption of CBDCs.
Uphold CEO JP Thieriot said that the nature of life in Latin America begs for use cases based on Bitcoin.
Nigeria has become the first nation in Africa to officially launch a CBDC.
Advisory board’s 30 members will advise on potential digital euro models
Keynote speech by Tara Rice, Head of Secretariat, Committee on Payments and Market Infrastructures, at the fifth annual meeting of CEBRA's International Finance and Macroeconomics Program, 20 October 2021.
Central bank issues $1.2 million in retail CBDC after clampdown on private crypto
Burnt Ether stands at 608,567 ETH worth $2.089 billion since the London Hardfork or EIP 1559 upgrade went live on August 5.
Enterprise-focused blockchain platform Cypherium and Boston Consulting Group (BCG) this week released a joint white paper suggesting banks should potentially embrace crypto payments amid the emergence of central bank digital currencies (CBDCs) and evolving competition from big tech companies. With other private-sector payment solutions are ready to take on
Chinese authorities are reportedly mounting pressure on McDonald’s as well as other American firms to expand their acceptance of the e-CNY