Fed Chair Jerome Powell’s speech Thursday at the annual Jackson Hole Economic Symposium highlights how much has changed over the past year.
The Federal Reserve is actively investigating the potential impact of a digital dollar, though it has no plans to issue one anytime soon.
Craig Wright will go to trial, while IBM and a Norwegian association team up to track salmon on blockchain.
The Bank for International Settlements appears to contradict its own prior statements in a new digital payments report.
The Bank of Thailand is integrating a CBDC payments system into the financials of the country’s oldest cement company in an extension of its Inthanon project.
The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance.
Low-interest rates have removed one of the few remaining incentives for holding a bank account, meaning digital currency could be a better alternative, argues a UN expert.
The Digital Dollar Project’s first white paper describes how a two-tiered system underpinning a tokenized dollar could modernize the U.S. financial system.
CBDCs might seem to be anathema to the mission statement of bitcoin, but they may prove to be a valuable on-ramp for new investors.
Forty-six central banks would consider a broader form of distributed ledger technology for a CBDC but aren’t crazy about putting it on a blockchain.