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At the recent Symposium for Future Payments held in Stanford, California on February 5, Federal Reserve Governor Lael Brainard stressed the importance of remaining “on the frontier of research and policy development regarding CBDC.” The position seems a contrast to the narrative in 2018 when Brainard maintained “there is no compelling demonstrated need for a … Read more
In light of China’s forthcoming digital yuan, Japan should push the U.S. to place digital currencies on the G7’s agenda, say local lawmakers Go to Source Powered by WPeMatico
Fed board member Lael Brainard says the institution must remain on the frontier of central bank digital currency research and policy development Go to Source Powered by WPeMatico
Six major central banks will reportedly discuss digital currencies in April during an International Monetary Fund conference Go to Source Powered by WPeMatico
Singapore continues its push for “an Electronic Payments Society” with the new regulatory framework — unlike 5AMDL, it is unlikely to hinder crypto businesses Go to Source Powered by WPeMatico
Mastercard CEO explains his issues with Facebook’s Libra Go to Source Powered by WPeMatico
With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan indicate its main purpose will be to substitute … Read more
This week’s news from Japan includes Coincheck topping app download rankings, Japan’s central bank forecasting CBDC demand and more Go to Source Powered by WPeMatico
Leading the way for a practical CBDC is — Cambodia Go to Source Powered by WPeMatico
The Bank of Japan must be ready to respond to technical developments and public sentiment about central bank digital currencies, its deputy governor says Go to Source Powered by WPeMatico