Are central banks about to become centers of crypto innovation?

The Bank for International Settlements' Innovation Hub is doing important work on integrating new technology into the global financial ...

Central Bank Digital Currency Development Enters the Next Phase

In most cases, it would be useful for countries to continue exploring CBDC, carefully and systematically, as IMF Managing Director Kristalina ...

BIS Innovation Hub work on central bank digital currency (CBDC)

A 2021 BIS survey of central banks found that 86% are actively researching the potential for CBDCs, 60% were experimenting with the technology and 14% were ...

The Future of Money: Gearing up for Central Bank Digital Currency

These are still early days for CBDCs and we don't quite know how far and how fast they will go. What we know is that central banks are building ...

The Crypto Question: Bitcoin, Digital Dollars, and the Future of Money

If cryptocurrencies become a dominant form of global payments, they could limit the ability of central banks, particularly those in smaller countries, to set ...

Future of payments: How central banks are driving innovation

While the cryptocurrency industry hits its winter, central bank digital currencies, or CBDCs – which are digital equivalents of a country's fiat ...

Central Bank Digital Currency Tracker - Atlantic Council

A CBDC is virtual money created by a central bank. As cryptocurrencies and stablecoins become popular, central banks provide alternatives.

Bitcoin could potentially become the 21st century gold

Latest technical developments will allow crypto-currencies to become greener. In terms of regulatory measures, we expect 2021 to be a game changer and that by ...

Why Digital Currencies Could Change the Future of Central Banking

“I doubt that government will be the major source of innovation in the cryptocurrency space. Cryptocurrencies have lots of risks, but we should see what they ...

Central bank digital currencies: A critical review - ScienceDirect.com

For cryptocurrencies, there is still a trade-off between level of scalability and the degree of decentralisation. A limitation to scalability would likely be ...

Central Bank Digital Currencies Will Reshape the Global Economy

However, with the rise of the internet and cryptocurrencies such as bitcoin, central banks are now under pressure to develop their own digital ...

The Fed is falling behind as other central banks leap ahead on ...

In addition, central banks are investing in new forms of technology in an attempt to “future-proof” their currencies for the rise of blockchain, ...

Can Bitcoin Kill Central Banks? - Investopedia

Bitcoin is decentralized, which means that central banks do not control them. Governments can regulate its use, giving them some control over it ...

Central Bank Digital Currency (CBDC) - Federal Reserve Board

4. Why is the Federal Reserve considering a CBDC now? The Federal Reserve is charged with promoting monetary and financial stability and the ...

New York Fed Announces Phase I Results of the New York ...

New York Fed Announces Phase I Results of the New York Innovation Center's Project Cedar · Faster Payments: In the test environment, ...

Central bank digital currencies (CBDCs) - ICO

A digital pound could provide a platform for private-sector financial innovation. Central banks could support new organisations offering CBDC-based financial ...

Should central banks develop their own digital currencies?

CBDCs are being developed to replace national currencies and move to a cashless society. Indeed, 86% of central banks are actively researching ...

Central bank digital currencies: An active role for commercial banks

In some locations, including Nigeria and the Bahamas, solutions are already operable, and central banks are looking to expand. Despite the high ...

Why central banks want to get into digital currencies - MIT Media Lab

Intense interest in cryptocurrencies, like bitcoin, and the Covid-19 pandemic have sparked debate among central banks on whether they should issue digital ...

III. The future monetary system - Bank for International Settlements

New capabilities such as programmability, composability and tokenisation are not the preserve of crypto, but can instead be built on top of ...