CBDC

UK Central Bank Governor Sees Digital Currency Displacing US Dollar as Global Reserve

A central bank-supported digital currency could replace the dollar as the global hedge currency, said Bank of England governor Mark…

China’s Digital Fiat Wants to Compete With Bitcoin – But It’s Not a Crypto

The Takeaway: A review of over 50 patent applications submitted by the People’s Bank of China shows the design of…

Can Central Bank Digital Currencies Be Used to Fight Financial Crimes?

Paper money today is a marginal part of the currency in circulation and represents a direct relationship between the end…

CBDCs of the World: The Benefits and Drawbacks of National Cryptos, According to Different Jurisdictions

This month alone, at least three separate countries have reported on their prospective central bank-issued digital currencies (CBDCs): The Republic…

Thai Central Bank Builds Blockchain Solution for Digital Currency Project

The Bank of Thailand, the country’s central bank, has moved ahead with its digital currency project by building a blockchain-based…

IMF Spring Meetings: Digital Money Is Imminent, But No Decentralization in Sight

The custodians of global financial order have been prominent in crypto news recently. The weekend kicked off with the announcement of…

Japan’s Central Bank Examines Central Bank Digital Currencies in New Report

Japan’s central bank has examined the role of central bank digital currencies (CBDCs) in the current monetary system in a…

Central Bank Digital Currencies Are a Trojan Horse for Bitcoin

Central bank digital currencies (CBDCs) and Bitcoin could scarcely be more different. One is permissioned, the other permissionless; one centralized,…

South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten…

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