Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week’s Law Decoded.
Governments are increasingly liquidating crypto assets seized in criminal investigations.
Making digital cash work efficiently for public stimulus payments doesn’t require a detour through blockchain technology, in the view of U.S. progressives.
Oki Matsumoto, the head of Japanese financial services giant Monex, has welcomed the Bank of Japan’s recent interest in central bank digital currency.
After proposing automated ways to monitor global stablecoins like Libra, a new report from BIS argues that a better solution may ultimately be central bank digital currencies.
The paper also put forward CBDCs as solutions to high transaction fees and the energy use of mining cryptocurrencies like Bitcoin.
Tied in with a national shopping event, the trial will add “offline” and “touch” functionality.
Ripple is looking to define its strategy regarding central bank digital currencies.
In a wide-ranging speech, Xi said that the G20 group “needs to discuss developing standards and principles for central bank digital currencies.”
While there is an unclear future for digital currency development under Joe Biden’s presidency, China is leading the race.