Malaysia Joins CDBC Race—Kickstarts Research Process
Bank Negara Malaysia, the country’s central bank, has reportedly hopped on the train to develop a digital version of its currency. Currently, the project…
Category
CBDC
US Federal Reserve Lists Pros and Cons of CBDC
The US Federal Reserve recently released a discussion paper on the advantages and disadvantages of launching a potential US central bank-issued digital currency (CBDC).…
US Fed to Release CBDC Between 2025 and 2030– Bank of America
Although the US Fed has only made mention of issuing a central bank-issued digital currency (CBDC), the Bank of America (BofA) asserts that the…
Qatar Central Bank Joins CBDC Race, Evaluates Possibilities
An executive at the Qatar Central Bank (QCB) has revealed that the financial institution is in the process of studying digital bank licensing and…
Iran Opposes Recognition of Cryptocurrency, Announces Development of Digital Rial
According to a high-ranking government official, Iran is unwilling to recognize cryptocurrency as a legitimate means of payment. This comment, which came from Iran’s…
BIS Publishes Findings from CBDC-Focused Survey on Central Banks
The Bank of International Settlements (BIS) recently released a report titled “Gaining momentum — Results of the 2021 BIS survey on central bank digital…
James Rickards and the Argument Against CBDCs
Inflation continues to eat deep into the value of the dollar. Compared to last year, there’s only a handful of items you can purchase…
Ripple Under Threat As ECB Contemplates CBDC
With a central bank-issued euro becoming a medium-term possibility, analysts have said Ripple (XRP) could be dramatically affected. Olli Rehn, a policymaker at the…
ECB Selects Five Companies to Develop User Interface Prototypes for CBDC
As talks about digital euro progress, the European Central Bank (ECB) has selected five firms to develop user interface prototypes for the CBDC. The…
