CBDC LLC

News

3,687 articles tracked

Coinbase Crypto Exchange to Support CBDCs in the Future as Long as They Meet Listing Standards

Brian Armstrong, Coinbase's CEO, has stated that the crypto exchange was open to the idea of supporting central bank digital currencies (CBDCs) on its network in the future.

Mar 24, 2021blockchainnews
Fed Chair Powell: Cryptocurrencies not Useful Stores of Value and CBDC Issuance Will not be Immediate

Federal Reserve Chairman Jerome Powell’s stance on Bitcoin and cryptocurrencies remains unchanged – he views them primarily as “a speculative asset.”

Mar 23, 2021blockchainnewsProject Hamilton
Bank of Thailand reinforces stablecoin regulation

Firms wishing to issue baht-backed stablecoins must consult with the central bank

Mar 23, 2021centralbanking
Howard Lee: Central bank innovations - payments, data and capabilities

Speech by Mr Howard Lee, Deputy Chief Executive of the Hong Kong Monetary Authority, at the BIS Innovation Summit 2021, 23 March 2021.

Mar 23, 2021bisProject Aurum
Wholesale CBDCs may not fix cross-border frictions – panellists

Policy-makers question whether CBDCs will make international payments faster and cheaper

Mar 23, 2021centralbanking
Ripple says XRP Can Be Used as a Bridge Currency for CBDCs, Will This Push XRP Higher?

Ripple released a new whitepaper that depicted XRP's utility as a bridge currency for CBDCs. XRP has broken through the key level of $0.50. What should be expected of the cryptocurrency in the shor

Mar 22, 2021blockchainnews
‘Do no harm’: central bankers warn against rush to issue CBDC

Agustín Carstens, Jerome Powell and Jens Weidmann highlight risks of acting too fast

Mar 22, 2021centralbanking
China’s digital yuan will offer best privacy protection, says official

The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs.

Mar 22, 2021cointelegraphDigital Euro
China: WeiyangX Fintech Review

China Imposes Further Restrictions on Online Consumer Loans for College Students Over the past few years, some internet finance platforms have targeted college campuses and made inductive marketing through cooperation with technology companies. Such practices led some students into excessive consumption and even debt traps.

Mar 20, 2021crowdfundinsider
Jerome H Powell: Closing remarks – "Pushing the frontiers of payments: towards faster, cheaper, more transparent and more inclusive cross border payments"

Speech (via prerecorded video) by Mr Jerome H Powell, Chair of the Board of Governors of the Federal Reserve System, at "Pushing the frontiers of payments: towards faster, cheaper, more transparent and more inclusive cross border payments", a conference hosted by the Committee on Payments and Market Infrastructures, Basel, Switzerland, 18 March 2021.

Mar 19, 2021bis
Bank of Thailand plans to regulate asset-backed stablecoins this year

After issuing a warning against a Baht-pegged stablecoin produced by a South Korea-based firm, Thailand plans to introduce a series of regulations for stablecoins in 2021.

Mar 19, 2021cointelegraph
Next 2-3 Years to be a Turning Point for Bitcoin, BTC to follow Tesla's Footsteps - Deutsche Bank Analyst

According to Deutsche Bank analyst and Harvard economist Marion Laboure, the next two to three years should be a turning point for Bitcoin.

Mar 19, 2021blockchainnews
Multi-CBDC arrangements and the future of cross-border payments

Cross-border payments are inefficient, and technology could play a role in making them better. One means could be through interoperating central bank digital currencies (CBDCs), forming multi-CBDC (mCBDC) arrangements. This paper explores dimensions of payment system interoperability, how they could feature in mCBDC arrangements and where potential benefits lie. These benefits are especially relevant for emerging market economies poorly served by the existing correspondent banking arrangements. Yet competing priorities and history show that these benefits will be difficult to achieve unless central banks incorporate cross-border considerations in their CBDC development from the start and coordinate internationally to avoid the mistakes of the past.

Mar 19, 2021bis
Thailand’s central bank warns against ‘illegal’ THT stablecoin

The Baht-pegged stablecoin produced by Terra has come under fire from Thai bankers.

Mar 18, 2021cointelegraph