Facebook, China Light Flame Under Fed: Governor Cites Stablecoins Influencing Digital Dollar Research

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

Government Think Tank Niti Aayog Identifies Key Blockchain Use Cases for India

The policy think tank for the government of India, Niti Aayog, has published a strategy document identifying a number of key areas blockchain technology can significantly benefit the country. “By empowering citizens through features of transparency, decentralization and accountability, blockchain would help in improving ease of living,” explained Niti Aayog. Also read: Regulatory Roundup — … Read more