CBDC

CBDC
Non-Bank Players Find Themselves At Center of Expanding CBDC Debate
April 13, 2022

A growing school of thought says there is an important role for non-bank payments services providers in central bank digital currency (CBDC) design. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

CBDC
Do CBDCs Need Blockchain? Growing Number of Central Banks Say No
April 13, 2022

There has been a widespread assumption that central bank digital currencies (CBDCs) would be built on blockchain — or at least the distributed-ledger technology (DLT) it’s based on. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CBDC
DTCC Launches Digital Currency Project
April 12, 2022

The Depository Trust & Clearing Corporation (DTCC) announced the launch of a new central bank digital currency (CBDC) project Tuesday (April 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

CBDC
OCC’s Comptroller Wants Stablecoins to Be Interoperable With US CBDC 
April 11, 2022

In a speech delivered on April 8, 2022 at Georgetown University, Michael Hsu, Acting Comptroller of the Office of the Comptroller of the Currency (OCC), expressed his views on the ideal architecture of stablecoins. This speech marked the end of a week where most public...

CBDC
Digital Euro Will Balance Privacy, Anti-Money Laundering Concerns, Finance Ministers Say
April 04, 2022

A new digital euro will offer more privacy for smaller transactions — though full anonymity is still apparently off the table, Coindesk wrote Monday (April 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

CBDC
China’s Central Bank to Expand Digital Yuan Trials to More Cities
April 03, 2022

The Peoples’ Bank of China plans to expand its trial for digital yuan to include more cities, a report Saturday (April 3) from Bloomberg said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CBDC
CBDC Regulations Taking Shape on the Global Stage, Tax Policies in Focus
April 01, 2022

Beyond the “will they or won’t they” stage of central bank digital currencies (CBDCs) — where the questions are existential, and certain central banks mull issuing them at all — lie the regulations. Get the Full Story Complete the form to unlock this article and...

CBDC
With AML Proposal, ECB Gives Digital Euro Leg up on Bitcoin Payments
March 31, 2022

On Monday (March 28), EU lawmakers proposed an anti-money laundering (AML) regime that would require identification and screening for any cryptocurrency or stablecoin transaction, no matter how small. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CBDC
ECB, Fed, BoE Work on an Interoperable CBDC
March 31, 2022

In a speech before the European Parliament on Wednesday (March 30), Fabio Panetta, member of the board of the European Central Bank (ECB), said that several central banks around the world, including the Federal Reserve, the Bank of England (BOE) and the ECB, are discussing...