CBDC
Congressman Jim Himes says the US should develop a CBDC
A centrally-controlled currency.
IMF ponders ways to end people’s hesitancy to move away to cash
Towards a digital-only future.
IMF meeting: CBDC should be tied to digital IDs to “push society into to new equilibriums”
Massive privacy concerns.
IMF praises India’s controversial digital ID system, Aadhaar
Praising digital access systems.
IMF’s deputy managing director Bo Li lauds CBDC’s ability to control what people buy
Central control of what people are allowed to buy and who is allowed to spend.
Janet Yellen says CBDCs are “certainly worth getting involved in developing”
New push for a centrally controlled currency.
India to test a central bank digital currency
The next country to propose the idea of more central control.
Canadian government has allocated $105.3 million to World Economic Forum digital ID partnership
Taxpayer dollars going towards exploring a multi-national digital ID program.
SWIFT announces “breakthrough” in CBDC experiments
More central control.
Norway, Sweden, and Israel partner to test CBDCs
A new report is coming next year.
The digital dollar will not be anonymous, Federal Reserve chair Jerome Powell says
Erasing the anonymity of physical cash and privacy-focused cryptocurrencies.