Powell testified before the House Financial Services Committee on Thursday on matters related to the economy and the Covid-19 pandemic.
Category: CBDC
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At a November 2020 virtual conference, Rob Kaplan said “it is critical that the Fed focuses on developing a digital […]
The company claimed its CBDC solution would allow Bhutan’s central bank to deploy a digital ngultrum “without compromising financial stability […]
Institutional investment, new governance features and a groundbreaking project with the government of El Salvador are just a few of […]
The Central Bank of Venezuela is rolling out a CBDC in October and will launch an SMS-based exchange system to […]
Governments around the world are pouring more resources into CBDC research and exploratory use cases. Among the major economies, China […]
The Bank of Canada suggested that a Canadian CBDC could provide a number of innovations, including the elimination of transaction […]
Yale Professor Gary B. Gorton and Jeffery Zhang of the Board of Governors of the Federal Reserve System have co-authored […]
He stated that stablecoins need stricter regulations if they are to be part of the payment universe.
Despite the pilot, the central bank’s deputy governor said he was apprehensive about launching a full-scale CBDC in Israel, and […]