CBDCs will gradually displace private banks, says Russian lawmaker
Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August.
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Swift says blockchain integration 'more plausible' than unifying CBDCs
Swift claims that interlinking existing systems with blockchains is better for the short term than bringing CBDCs together with tokenized assets in a single ledger.
CBDCs offer faster settlements: Citi survey of global securities firms
The year-on-year growing support CBDCs is supported by ongoing domestic pilots and cross-border initiatives in various jurisdictions, banking giant Citi found.
Congressman Warren Davidson calls to ban and criminalize CBDCs
“Money should not be programmable by a central authority,” argues Republican Representative Warren Davidson.
FedNow Service has no relation with CBDCs, Federal Reserve clarifies
The Federal Reserve certified the FedNow Service as “ready,” after it onboarded 41 financial institutions, 15 service providers and the U.S. Department of the Treasury to test out the system, before its launch by the end of July 2023.
BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
G20 finance ministers and central bank governors are meeting this month, and the Bank for International Settlements has findings to present.
China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia Express
China’s president Xi Jinping expands CBDC cooperation at SCO, Hong Kong’s crypto licensing costs surge, and Multichain is hacked yet again.
CBDCs aren't about solving today's problems — Australia's CBDC lead
Dilip Rao, a former Ripple executive who's now leading Australia’s CBDC pilot has been examining 14 possible use cases of central bank digital currencies.
Coinbase screws up, Florida bans CBDCs, and Ordinals face controversy: Hodler’s Digest, May 7-13
Calls for a boycott of Coinbase over memecoin controversy, Florida’s ban on CBDCs, and the effects of Bitcoin Ordinals on the BTC network.
Retail CBDCs bring unknown 'consequences' to financial system: IMF director
The IMF's Kristalina Georgieva said wholesale CBDCs, on the other hand, have “fairly little space for undesirable surprises.”