Taking digital currencies offline
Original Source: IMF As the world’s central banks rush to develop digital currencies, almost all the research and trials focus on internet-based technology. What will happen when the web goes down in a war or a natural disaster? And what about the 75 percent of the world’s adult low-income population that doesn’t even have internet […]
Digital Asset Series 2022: Navigating CBDC Unknowns
Original Source: Finextra Key trends currently driving CBDC discussions across the globe. The global pandemic and the emergence of cryptocurrencies and stablecoins have accelerated the work on CBDCs. While some nations are further ahead in their CBDC timelines than others, the UK, US and Europe (among many more) are treading carefully, paying careful attention not […]
CBDCs: The Future of Fiat
Original Source: Ripple A visualization from Ripple’s New Value Report suggests the potential for central bank digital currencies (CBDCs) has generated an overwhelming consensus among financial institutions. The new infographic highlights CBDC-specific takeaways from survey questions asked of 1,600 finance leaders around the world. Financial Inclusion More than 70% of respondents surveyed across five global regions believe […]
G20 report: CBDC for cross border payments highlights challenges
Original Source: Ledger Insights Today the Bank for International Settlements (BIS), the IMF and World Bank published a paper on cross border payments using central bank digital currency (CBDC). The report was prepared for the G20 as part of a program to enhance cross border payments, where CBDC is one of 19 building blocks. Almost every suggestion […]
Opening Remarks at Peer-Learning Series on Digital Money/Technology: Central Bank Digital Currency and the Case of China
Original source: International Monetary Fund (IMF) Krishna Srinivasan, Asia and Pacific Department Director, IMF Good morning, everyone, and good evening if you’re in the Western Hemisphere. Thank you for joining in today’s event on Central Bank Digital Currency and the Case of China. As Alfred indicated, this is the second event in our new series […]
Fungibility and Interoperability in the Digital Money Ecosystem
In this joint webinar co-hosted by the Digital Euro Association and the Digital Pound Foundation, as part of a series of partnership collaborations, we explore the concepts of fungibility and interoperability, how they interrelate, and why they are important considerations for the future of new forms of digital money in any jurisdiction. Fungibility is not […]
CBDCs on the rise: public policy motivations under the microscope
Original Source: Global Government Fintech Global Government Fintech Lab: Panel Session Five The Global Government Fintech Lab 2022’s fifth panel session explored the public policy considerations behind the mounting interest in central bank digital currencies Central bank digital currencies (CBDCs) are an increasingly prominent topic for government authorities worldwide. The fifth (and final) session of […]
Ripple launches CBDC innovate challenge
Digital Currencies and the Future of Money | Poundcast Episode 1
Description In episode 1, podcast host Jannah Patchay, Policy Lead and one of the originating members of the Digital Pound Foundation is in conversation with Lee McNabb, Payments Strategy Lead at NatWest. In this introductory episode, Jannah and Lee discuss some of the key questions often asked about digital currency such as: What is a […]
As crypto evolves, how should Banks approach CBDCs & stablecoins?
