CBDCs in Focus This Year: Will These be the Bitcoin Killer?
In 2018, prominent economist Nouriel Roubini predicted that CBCDs would “destroy bitcoin”.
In 2018, prominent economist Nouriel Roubini predicted that CBCDs would “destroy bitcoin”.
Swiss National Bank (SNB) and five commercial banks integrated wholesale CBDC in their existing back-office systems and processes.
Reserve Bank of Australia staff have not been convinced to date that a strong policy case has emerged in Australia for a CBDC.
A consortium of institutions led by Euroclear have concluded an experiment on the use of central bank digital currency (CBDC).
Joint research on multiple central bank digital currency (CBDC) shows potential for speeding up cross-border payments and reducing costs.
BIS Innovation Hub and central banks of Australia, Malaysia, Singapore and South Africa will test CBDCs for international settlements.
The Monetary Authority of Singapore and Banque de France complete an experiment using central bank digital currency (CBDC).
The Swiss National Bank, the Banque de France and the BIS Innovation Hub will conduct an experiment using wholesale CBDC.
The Bank of England and HM Treasury have today announced the joint creation of a Central Bank Digital Currency (CBDC) Taskforce.
RBA is of the view there is not a strong public policy case at present for issuance of a retail CBDC in Australia.