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Federal Reserve Chairman Jerome Powell asserted that the private sector has no place in money issuance and by extension the development of a Central Bank Digital Currency (CBDC).
New acting head of U.S. bank regulator talks about innovation expands financial inclusion and the government’s role in building frameworks for crypto.
China comes up with yet another crypto-related plan to take on the hegemony of the U.S. dollar in international payments.
The Fed is looking at issuing a central bank digital currency, but can’t point to any concrete progress.
After announcing a 22-month pilot testing phase for the digital won in April this year, the Bank of Korea has hired a team of legal experts to explore the possibility of legal repercussions in the launch of Korea’s central bank digital currency (CBDC).
Led by China, four Asian countries are in the early stages of developing a joint digital currency. The currency will help keep the Dollar and Libra in check
The pandemic will have a lasting impact on consumer payment behaviour, panellists say
The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency.
In a bid to keep up with global trends in the development of a Central Bank Digital Currency, South Korea launches a 6-man panel to review regulatory issues
Ledger’s Glen Woo believes that China’s central bank digital currency could be deployed using existing payment rails without citizens noticing the change.
During an open hearing by the House Committee On Financial services yesterday, the Honorable Christopher Giancarlo once again advocated for the use of a central bank digital currency (CBDC), effect
As the monetary impacts of the coronavirus drive discussions surrounding central bank digital currencies, a U.K. blockchain firm has proposed a CDBD system to the Bank of England.
Congressman Warren Davidson recaps yesterday’s hearing on the digital dollar, which seemed to reach new consensus across party lines — but the devil is in the details.
Blockchain for distributing votes and independent digital dollars take center stage in the this week’s regulation news.
In the aftermath of disappointingly slow COVID-19 stimulus payments, Congress hears testimony on using digital dollars to upgrade the U.S.’s legacy financial infrastructure.