An under-the-wraps Swiss trial testing how central bank money can be linked to financial markets built on distributed ledger technology (DLT) yielded positive results, the Bank for International Settlements…
Tag: central
CBDCs Have Global Implications on Privacy, Politics – CoinDesk
Central bank digital currencies (CBDCs) can have broad implications for the global balance of power in both finance and politics, but the optimal scenarios for adoption have yet to…
E-Krona or Bust, Says Sweden’s Chief Central Banker, Trying to Drag Swedish Govt Into Digital Age
Riksbank Governor Stevan Ingves sees a Swedish digital currency as an imperative for the central bank. Read original at
Trump Administration Readying $1.8T Stimulus Proposal: Report
Bitcoin is up 54% this year on speculation that trillion-dollar stimulus efforts by governments and central banks will lead to inflation. Read original at
Bitcoin News Roundup for Oct. 9, 2020 – CoinDesk
With BTC breaking above $11K and central banks collaborating to standardize CBDCs, CoinDesk’s Markets Daily is back for your latest crypto news roundup! Bitcoin appears to have broken out…
Federal Reserve, 6 Other Central Banks Set Out Core Digital Currency Principles
The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies. Read original at
Thailand Already Using Central Bank’s Digital Currency – CoinDesk
A senior figure at the Bank of Thailand (BOT) has confirmed the bank is already using a central bank digital currency (CBDC) for transactions with some businesses. Disclosure The…
Blockchain Bites: It’s Never Been Harder to Mine Bitcoin – CoinDesk
Bitcoin’s mining difficulty is at a record high, Singapore’s central bank digital currency could find commercial use and Chinese firms are going in on Filecoin. Here’s the story: You’re…
Canada’s Central Bank Is Serious About Designing a CBDC, Job Posting Reveals – CoinDesk
After years of research, the Bank of Canada is preparing to design its own central bank digital currency (CDBC). Revealing its plans in a June 11 job posting, the…
Blockchain Bites: Why UN and Federal Reserve Experts Think CBDCs Could Kill Commercial Banking – CoinDesk
U.N. and Federal Reserve experts independently researched central bank digital currencies and found they could effectively compete with the commercial banking system. Meanwhile, New York State and France have…