News

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International Settlements (BIS), have created a group to share experiences as they assess the potential cases for central bank digital currency (CBDC) in their home jurisdictions.

Six central banks and the BIS will explore use cases and share knowledge

Six major central banks and the Bank for International Settlements jointly created a digital currency research group.

The annual World Economic Forum in Davos, Switzerland is about to start — here’s what you should know ahead of the meeting.

Opening address by Mr Denis Beau, First Deputy Governor of the Bank of France, at the Stablecoin Conference "Which ambitions for Europe?", organized by Paris Europlace and ConsenSys, Paris, 15 January 2020.

December 2019 saw Christine Lagarde, President of the European Central Bank (ECB), chairing her first ECB conference after she stepped into the position last November. At her first address, she delved into fiscal policy as a whole, and also mentioned the importance of central bank digital currencies (CBDC). After stating that the EU needs to “stay ahead of the curve” on the issue of stablecoins and there needs to be a structured plan in approaching CBDCs.

The People's Bank of China confirmed that the "top-level" design of the virtual yuan or Renminbi has been finalized.

On Jan. 1, China’s law governing cryptographic password management came into power. What does it mean?

The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency.

Former IMF managing director and newly-appointed president of the European Central Bank (ECB), Christine Lagarde, says Europe's central bank has set up a special committee to study the feasibility and 'unintended side effects' of a central bank digital currency. Lagarde made the comments at the

Christine Lagarde has pushed for the bank’s involvement in the development of a CBDC to address the demand for faster and cheaper cross-border payments.

Interview with Ms Christine Lagarde, President of the European Central Bank, in "Challenges" magazine, conducted by Mr Pierre-Henri de Menthon and Ms Sabine Syfuss-Arnaud, and published on 8 January 2020.

The Chief Economist of the International Monetary Fund (IMF), Gita Gopinath, expressed in an opinion piece in the Financial Times that digital currencies would not displace the US Dollar as the cur

There has been a good amount of discussion regarding Central Bank Digital Currencies (CBDCs) - digital iterations of the Euro, Dollar etc. Many central banks are experimenting with the concept. Another thought-provoking idea is the creation of a 'synthetic hegemonic currency' as proposed by the

China’s central bank reports that it is “progressing smoothly” with its development of a government-backed digital currency.