From PayPal to Libra: Big Tech Has Forced Central Banks to Wake Up to CBDCs, ...

From PayPal to Libra: Big Tech Has Forced Central Banks to Wake Up to CBDCs, ...

Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to the head of the BIS Innovation Hub.


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Central banks should be ready with CBDCs, says Bank of Canada exec

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BIS Asks Central Banks to Urgently Develop CBDCs to Compete With Crypto Assets

The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDCs) to compete with initiatives in the private sector, including cryptocurrencies. “CBDCs will take years to be rolled out, while … crypto assets are already here,” he said. BIS Says Central Banks Need to Hurry up With CBDCs Benoît Cœuré, head of the BIS Innovation Hub, talked about central bank digital currencies (CBDCs) at the Eurofi Financial Forum, Ljubljana,....

NYU Professor Predicts CBDCs Are Imminent, Bitcoin Still Unviable

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Canadian Central Bank Releases Extensive Report on Viability of CBDCs

Central bank digital currencies, often known as CBDCs, are seemingly imminent: over recent months, central banks around the world have revealed that they are working on their own digital currency projects. This trend is seemingly a response to the persistence of Bitcoin and other cryptocurrencies. This persistence may show central banks that they have something […]

Major Meeting of Central Banks Produces Same Old ‘Evaluating’ CBDCs Refrain

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