CBDCs in 2022: New Trials and Competition with Crypto
CBDCs Trials

CBDCs in 2022: New Trials and Competition with Crypto

Source: Adobe/Сергей Шиманович___ ___”Ultimately the dominant design of CBDCs will have a tangible impact on the function and utility of money.””More aggressive CBDC adoption trials are likely to be announced by developing countries in 2022.”There will be a variety of motivations behind CBDCs, with most of these falling into either one of two categories: financial stability…

From NFTs to CBDCs, crypto need to tackle compliance before regulators do
CBDCs Crypto

From NFTs to CBDCs, crypto need to tackle compliance before regulators do

Crypto industry leaders need to self-regulate before inadequate public officials decide to take on the task themselves…

Bank of England views CBDCs as the revolution for future years of money
CBDCs England

Bank of England views CBDCs as the revolution for future years of money

The Bank of England estimates that 20% of retail and consumer deposits could potentially move toward CBDCs…

CBDCs can lower cross border remittance expenses by half: BIS review
CBDCs cross

CBDCs can lower cross border remittance expenses by half: BIS review

A BIS report based on a multi-CBDC pilot also showed significant improvements in international remittance speed.

Fed governor says CBDCs remain ‘a solution searching for a problem’
CBDCs governor

Fed governor says CBDCs remain ‘a solution searching for a problem’

Chris Waller’s comments come after Jerome Powell said that the Federal Reserve would be issuing a discussion paper on CBDCs.

CBDCs may disrupt financial systems: Fitch Ratings
CBDCs disrupt

CBDCs may disrupt financial systems: Fitch Ratings

One of the world’s largest credit rating agencies believes that central bank digital currencies (CBDCs) could disrupt the current financial systems. In its latest report, Fitch Ratings looked into how CBDCs could impact the global financial system, including giving governments a new way to track financial data and new financial policy options. Several central banks…