CBDC

CBDC, WEF

According to a January 2019 report by the Bank for International Settlements (BIS), at least 40 central banks around the world are currently, or soon will be, researching and experimenting…

Bahama central bank updates on CBDC project “Sand Dollar”

March 22, 2019

Bahamas, blockchain, CBDC, Central Banks

Inclusive of a digital version of the Bahamian dollar, the Central Bank of The Bahamas has defined several evolved objectives for the Bahamian payments systems. On some levels The Bahamas…

Eastern Caribbean central bank conducting digital currency pilot

March 7, 2019

Bitt, blockchain, CBDC, ECCU, Medici Ventures, Overstock

Medici Venture announced its portfolio company Bitt is using blockchain technology to conduct a Central Bank Digital Currency (CBDC) pilot across the Eastern Caribbean Currency Union’s (ECCU) member countries. The…

St. Louis Fed: central bank e-money addresses banking sector competition

January 22, 2019

CBDC, Digital Token, Federal Reserve Bank of St. Louis

Should a central bank take over the provision of e-money, a circulable electronic liability? We discuss how e-money technology changes the tradeoff between public and private provision, and the tradeoff…

BIS survey shows 2 central banks may issue crypto soon

January 9, 2019

Bank for International Settlements, CBDC

The hypothetical benefits and risks of central bank digital currencies are being widely discussed. This survey from the Bank for International Settlements adds to these discussions by taking stock of how…

Project Syndicate: cryptocurrencies are a bet on dystopian future

December 11, 2018

CBDC, Central Bank Digital Currencies, cryptocurrencies, Ken Rogoff

The right way to think about cryptocurrency coins is as lottery tickets that pay off in a dystopian future where they are used in rogue and failed states, or perhaps…

What 21 central banks think about developing digital currencies

November 16, 2018

blockchain, CBDC, Central Banks