CBDCs

This Week in Web3: Wells Notices, Crypto Payments and Usability
This Week in Web3: Wells Notices, Crypto Payments and Usability
May 08, 2024  |  Cryptocurrency

Crypto goes up, and crypto goes down. Then, often, crypto goes back up. It can be a dizzying and volatile cycle. Just collapsed cryptocurrency exchange...

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Fed’s Jerome Powell Says ‘Nowhere Near’ Moving Forward With CBDC
Fed’s Jerome Powell Says ‘Nowhere Near’ Moving Forward With CBDC
March 07, 2024  |  CBDC

In testimony before Congress, Federal Reserve Chairman Jerome Powell said that the idea of the United States adopting a central bank digital currency (CBDC) is far from being...

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UK Lawmakers Still Not Sold on Digital Pound
UK Lawmakers Still Not Sold on Digital Pound
December 03, 2023  |  CBDC

British lawmakers say they’re still not sure their country needs a digital currency. “It must be clearly evidenced that a retail digital pound will provide...

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Singapore Banking Chief: Private Crypto Has ‘Miserably Failed’
Singapore Banking Chief: Private Crypto Has ‘Miserably Failed’
November 28, 2023  |  Cryptocurrency

We could be witnessing the twilight of private cryptocurrencies, says one of Singapore’s top central bankers. Monetary Authority of Singapore (MAS) Managing Director Ravi Menon argued Tuesday (Nov....

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Fed’s Barr Calls for ‘Strong Federal Regulation of Stablecoins’
Fed’s Barr Calls for ‘Strong Federal Regulation of Stablecoins’
November 07, 2023  |  Regulation

A leading financial regulator in the United States is issuing a warning about stablecoins. Michael Barr, vice chair for supervision at the Federal Reserve, told...

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Digital Euro Begins Two-Year Prep Phase at European Central Bank
Digital Euro Begins Two-Year Prep Phase at European Central Bank
October 18, 2023  |  CBDC

The European Central Bank (ECB) is closer to launching a digital euro. The ECB announced in a Wednesday (Oct. 18) press release that it will...

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Can Blockchain Deliver Speed, Security and Inclusion to Global Payments?
Can Blockchain Deliver Speed, Security and Inclusion to Global Payments?
October 06, 2023  |  Blockchain

Innovative technology is on the cusp of transforming existing global payments infrastructure. But unlocking the full potential and capturing the true impact of next-generation value...

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Retail CBDCs Can’t Get an ‘A’ Grade From US Lawmakers
Retail CBDCs Can’t Get an ‘A’ Grade From US Lawmakers
September 18, 2023  |  CBDC

The use of digital cash is growing. Americans currently leverage digital payments for many — if not all — of their daily purchases, using credit...

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CBDCs  Likely ‘Some Years Away’ For Australia
CBDCs Likely ‘Some Years Away’ For Australia
August 23, 2023  |  Cryptocurrency

A central bank digital currency (CBDC) may not be in Australia’s near future. That’s according to a report issued Wednesday (Aug. 23) by the Reserve Bank of Australia and Digital...

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