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Launching a CBDC could protect the pre-eminence of public money, a new report argues
Two researchers at The Foundation for Defense of Democracies (FDD) have produced a comprehensive report on Russia, Venezuela, Iran and China's efforts to create or exploit alternative payment systems that would allow them to circumvent the US dollar as a means of enforcing American foreign
China’s central bank is developing its own CBDC, as officials voice concerns over Facebook’s Libra
In a paper entitled 'Fintech: the Experience So Far,' the International Monetary Fund (IMF) stated that, while there are regional differences, 'countries were broadly embracing the opportunities of Fintech to boost economic growth and inclusion.' The pursuit of Fintech innovation is being balanced with the
As Fintech Challenges the World Order. We know how fundamentally the internet and the web have changed not just the world of work, business and commerce but all our lives and the way we live, around the world. It's touched and changed just about everything
Citizens in cashless societies could be vulnerable to monopoly power, says Sveriges Riksbank official
IMF survey also highlights need for greater co-operation on fintech regulation
Choosing an appropriate interest rate could help alleviate problem, say researchers
‘E-hryvnia’ pilot project was completed in February
The President of Germany's central bank, Jens Weidmann, has warned that implementing central bank digital currencies (CBDCs) could lead to the destabilization of global financial systems, especially during times of fiscal crisis. The warning came during a speech delivered at the opening of the Bundesbank
Markus Brunnermeier and Dirk Niepelt say some arguments about CBDC are “questionable”
Speech by Mr Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania, at the Reinventing Bretton Woods Committee conference "Managing the Soft Landing of the Global Economy", Washington DC, 12 April, 2019.
Central bank pursues partners to test digital currency
The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) have signed a Memorandum of Understanding (MoU) to collaborate on Fintech innovation between the two regulatory authorities. The MoU was signed between Norman Chan, Chief Executive of the HKMA, and Veerathai Santiprabhob, Governor
The central bank’s collaborators have made progress on ‘Project Inthanon’