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Digital currencies and the soul of money

I'd like to express my gratitude to the organisers for inviting me here today. It's an honour to deliver this speech at Goethe University. Of course, I wish I could have been in Frankfurt in person.

Jan 18, 2022bisInthanon
No ‘convincing case’ for UK retail CBDC, say legislators

Report warns of potential “significant challenges” for financial stability and privacy posed by CBDC

Jan 18, 2022centralbanking
Malaysia’s central bank actively assessing CBDC options

Malaysia’s central bank recently completed a proof-of-concept for a CBDC with three other nations and may consider developing its own cross-border payment system using the blockchain.

Jan 18, 2022cointelegraphe-CNY
'The risks outweigh the benefits' of a Swiss CBDC, says SNB governing board member

"This does not mean the SNB is not interested in CBDC, but our focus is to look at the role that wholesale CBDCs could play," said Andréa Maechler.

Jan 18, 2022cointelegraphHelvetia
Law Decoded: First-mover advantage in a CBDC conversation, Jan. 10–17

Strong framing move by U.S. Representative Tom Emmer and a looming threat of another crypto ban in Asia: a digest of last week's top crypto policy stories is here.

Jan 17, 2022cointelegraph
70% of Jamaica population to adopt CBDC in 5 years, prime minister says

The Caribbean country expects a nationwide CBDC rollout by the end of the first quarter of 2022.

Jan 17, 2022cointelegraph
CBDCs and stablecoins: EY advises banks to ‘prepare for what’s coming’

A new report from EY highlights the need for a policy change for banks to overcome business uncertainties regarding digital assets.

Jan 17, 2022cointelegraph
Central bank digital currencies (CBDCs) in Latin America and the Caribbean

While much research has examined the pros and cons of central bank digital currencies (CBDCs), there has been less focus on the relative merits of CBDCs in particular economies or global regions. We attempt to fill that gap for the Latin American and Caribbean (LAC) economies.

Jan 13, 2022bis
BIS-SNB project links wholesale CBDC to core banking system

Project Helvetia’s second phase demonstrates integration of DLT with standard systems is possible

Jan 13, 2022centralbankingHelvetia
Economic Affairs Committee Unsure UK Needs Retail CBDC

The United Kingdom’s Economic Affairs Committee has shared its views on the proposed plans by the country to launch a Central Bank Digital Currency (CBDC) or digital Pound.

Jan 13, 2022blockchainnewsDigital Pound
UK Economic Affairs Committee unconvinced by prospect of retail CBDC

A new report highlights private-sector innovation and greater financial inclusion with CBDCs, but raises concerns around the descending hegemony of the U.S. Dollar.

Jan 13, 2022cointelegraphDigital Pound
Juyeol Lee: New Year Speech

New Year's address by Mr Juyeol Lee, Governor of the Bank of Korea, at the Bank of Korea, Seoul, 3 January 2022.

Jan 13, 2022bis
Fed's Lael Brainard invites Congress to choose whether to compete with China's digital yuan

“We want to make sure that we do the requisite research on policy and technology so we're in a position to move forward if Congress decides it's important to be able to compete with China in this regard," said Lael Brainard.

Jan 13, 2022cointelegraphProject Hamilton