CBDC

CBDC, data privacy, ECB

Under the coordination of the ECB, the European System of Central Banks (ESCB) has established a proof of concept for anonymity in digital cash, aka central bank digital currency (CBDC),…

Fed’s Brainard updates on stablecoins, CBDC and challenges ahead

December 19, 2019

Uncategorized

CBDC, Federal Reserve, Lael Brainard, stablecoins

The emergence of cryptocurrencies — and particularly stablecoins — has raised important questions for central banks and other authorities, including on the appropriate regulatory framework. In the United States, the…

Fed reply to US Congress inquiry on CBDC

November 22, 2019

CBDC, Federal Reserve, Jerome Powell, US Congress

Fed chair Jerome Powell replied to an inquiry from congressman French Hill outlining the central bank’s strategy on central bank digital currencies (CBDC). Powell wrote that the Fed is monitoring…

How Fnality is advancing wholesale blockchain settlement (Premium)

November 20, 2019

Blockchain, Settlements

blockchain, CBDC, DLT, Fnality, topstory, utility settlement coin

Finadium has been following the evolution of UBS’ utility settlement coin (USC) as it shifts from consortium to company. We speak with Olaf Ransome, chief commercial officer at Fnality, about…

Institutional crypto weekly roundup

October 30, 2019

Bakkt, bitcoin futures, blockchain, Canada, CBDC, China, crypto regulation, IBM, ICO, OMFIF, Ontario Securities Commission, retail, Thailand, TokenGX

Our weekly list of announcements about how capital markets participants and regulators are engaging with digital assets. Credit Suisse, SocGen to use Paxos blockchain settlement for US equities Paxos Trust…

Institutional crypto weekly roundup

October 13, 2019

News and Notes – Fintech, Uncategorized

Bank of France, bitcoin, CBDC, CFTC, crypto assets, crypto regulation, ether, stablecoins

Our weekly list of announcements about how capital markets participants and regulators are engaging with digital assets. Bank of France’s Beau on the emergence of crypto assets in payments and…

DLT and suptech are priority projects for Switzerland’s central bank innovation hub

October 9, 2019

BIS, CBDC, DLT, innovation, SIX, suptech, Swiss National Bank, Switzerland

The Swiss National Bank (SNB) and the Bank for International Settlements (BIS) have signed an operational agreement on the BIS Innovation Hub Centre in Switzerland which will identify and develop…

Institutional crypto weekly roundup

October 8, 2019

bitcoin, blockchain, CBDC, clearing house, crypto regulation, cryptocurrencies, DLT, DTCC, Federal Reserve Bank of Philadelphia, GSR Capital, KeyTango, MPC, options, Securities and Exchange Commission, Trade Information Warehouse

Our weekly list of announcements about how capital markets participants and regulators are engaging with digital assets. The Block: crypto clearinghouse places trades without collecting collateral in decentralization push KeyTango,…

Institutional crypto weekly roundup

September 6, 2019

News and Notes – Fintech, Uncategorized

BIS, CBDC, cryptocurrencies, NYDFS, Paxos, security tokens, stablecoins, Swiss National Bank

Our weekly list of announcements about how capital markets and regulators are engaging with digital assets. Swiss central bank chair says digital tokens have yet to prove advantages over existing…

Institutional crypto weekly roundup

Our weekly list of announcements about how capital markets and regulators are engaging with digital assets. The Finanser: fear and loathing in financial blockchain development Most of the uses of…

Capital markets blockchain weekly roundup

August 15, 2019

Barclays, blockchain, CBDC, Coinbase, digitization, exchanges, fintech, PBOC

Our weekly list of announcements about how capital markets and regulators are engaging with digital assets. CoinDesk: Barclays ends banking relationship with crypto exchange Coinbase Barclays is no longer working…

Capital markets blockchain weekly roundup

August 1, 2019

AWS, blockchain, CBDC, crypto assets, crypto regulation, FCA, MAS, Project Ubin, settlement, SGX

Our weekly list of announcements about how capital markets and regulators are engaging with digital assets. Crypto fund Incrementum’s report compares Libra v XRP in global currency competition Corporations like…

Capital markets blockchain weekly roundup

July 22, 2019

Bakkt, Binance, bitcoin futures, CBDC, China, crypto custody, crypto exchanges, crypto fund, FINRA, ICE, institutional crypto, PBOC, regulatory reporting

Our weekly list of announcements about how capital markets and regulators are engaging with digital assets. FINRA issues notice for digital asset reporting FINRA reminded members to keep the regulator…

Capital markets blockchain weekly roundup

July 16, 2019

Bank of Japan, CBDC, crypto regulations, Securities and Exchange Commission, tZERO

Our weekly list of announcements about how capital markets and regulators are engaging with digital assets. NY authority licenses Seed CX for institutional crypto services The New York State Department…

What crypto spring means for institutional investors (Premium)

May 7, 2019

Blockchain, Technology

Bakkt, CBDC, crypto custody, Demelza Hays, Fidelity Digital Assets, ICO, incrementum, STO

Since we spoke to fund Incrementum last quarter, crypto winter has followed the seasons into a crypto spring, as bitcoin lifted some 70+% since its low in December at $3,125.…

WEF: how are central banks exploring blockchain tech?

April 4, 2019

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