Get the latest CBDC news, central bank digital currency policy updates, pilot programs, privacy debates, and global monetary developments.
The Reserve Bank of Australia governor argued that the private sector is better than central banks at innovating tokens.
Monica Noronha 2 min read 
The BoE proposes involving the use of retail banks and private payment providers as the "interface" for the digital pound.
Plans are in place to roll out a Taiwanese Central Bank Digital Currency, but concerns over privacy and abuse of power remain.
Last year, Singapore was gearing up to be a global crypto hub. Now the regulators are hardening their approach.
Senator Lummis has opined that the bill is seeking comments from industry stakeholders so that it can properly reflect the innovations in the crypto space.
The Fed states that vulnerabilities in stablecoins may be further heightened by the absence of transparency about the riskiness and liquidity of assets backing them.
Agustin Carsten said the "soul of money" belongs to trust, and only central banks can be trusted.
The exposure-free retail CBDC the Bank of Israel and the Hong Kong Monetary Authority plan to test is assumed to carry less financial risk for consumers, Bloomberg News reported.
A Crypto.com survey of 3,000 people and 150 institutional investors showed that the road towards a cashless society will inevitably lead to digital currencies.
