EU finance chief says digital euro bill coming in early 2023
The European Union’s finance chief announced that a bill introducing a digital euro will be hitting tables in European parliament as early as 2023.
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Digital yuan transactions beat out Visa at Winter Olympics venue: report
Many of the National Stadium retailers allowing purchases with China’s CBDC were outside the Olympics' quarantine bubble for athletes, journalists, and staff.
US Federal Reserve bank at the helm of CBDC research effort appoints new president
Susan M. Collins is set to become the first Black woman to head a Federal Reserve Bank.
RBI: Cryptocurrency Is a Big Threat to Macroeconomic and Financial Stability in India
The governor of India’s central bank, the Reserve Bank of India (RBI), has reiterated his concerns that cryptocurrency is a “big threat” to the country’s financial and macroeconomic stability. He…
Zimbabwe’s Central Bank Exploring CBDC, Reiterates Opposition to Cryptocurrencies
Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling out its own central bank digital currency…
US Senator: China’s Digital Currency Could Subvert US Sanctions, Enhance Surveillance Capabilities
A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillance capabilities, and…
Law Decoded: Tangible wins, new menaces and the global crypto taxation drive, Feb. 1–7
Crypto advocates celebrate wins, the Treasury and SEC seek to introduce crypto-unfriendly rules, and governments rush to levy digital asset taxes.
Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source Code
The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have jointly published the initial findings of their central bank digital currency (CBDC) research. They also published…
US lawmakers issue warnings about digital yuan as Winter Olympics kicks off
"Do not accept any digital yuan," said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China.
Fed and MIT’s CBDC research: Distributed Ledger tech has ‘downsides’
The researchers published results from “Project Hamilton,” which was first announced in 2020 to explore the use of existing and new tech to build and test a hypothetical CBDC platform.
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