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central banks

Policy

Swiss Central Bank Ready to Run With wCBDC in January: ‘Just Takes a Policy Decision’

SNB has completed testing of a wholesale CBDC with Swiss exchange SDX, and is technically ready to go live, according to governing board member Thomas Moser.

By Ian Allison

Dec 30, 2021 at 6:09 p.m. UTC

Dec 30, 2021

SDXCBDCscentral banksSwitzerland

Markets

Market wrap

Market Wrap: Bitcoin Rises as Central Banks Maintain Low Rates

The cryptocurrency is rising along with stocks, although some analysts expect the rally could fade next year.

By Damanick Dantes Helene Braun

Nov 8, 2021 at 10:14 p.m. UTC

Nov 8, 2021

Market WrapBitcoinEtherEther Optionscentral banksEconomy

(Nuthawut Somsuk/iStock/Getty Images Plus, modified by CoinDesk)

Podcasts

The breakdown

Central Banks Sending Worrisome Signals About the Economy

What the inversion of the yield curve is telling us.

By Nathaniel Whittemore

Nov 5, 2021 at 6:30 p.m. UTC

Nov 5, 2021

The BreakdownPodcastscentral banks

Policy

Bis

BIS Outlines How Stablecoins Could Comply With International Money Standards

The BIS’s new report contains preliminary guidance for stablecoin arrangements and the regulators that may oversee them.

By Sandali Handagama

Oct 6, 2021 at 7:00 a.m. UTC

Oct 6, 2021

BISStablecoinscentral banks

Uruguay Central Bank Building in Montevideo (Marcos Issa/Bloomberg via Getty Images)

Policy

Central banks

Central Bank of Uruguay Establishes ‘Work Plan’ to Regulate Digital Assets

The BCU plans to finalize a proposal to amend the current legal provisions covering digital assets and create a clear framework for their regulation by the end of the year.

By Andrés Engler

Oct 4, 2021 at 6:59 p.m. UTC

Oct 4, 2021

central banksdigital assets

BIS headquarters in Basil, Switzerland. (lucarista/Shutterstock)

Policy

Cbdcs

CBDC Impact on Banking Sector Could Be Manageable: New BIS Report

Three new reports by a BIS working group analyze policy options and practical implementation issues of a retail CBDC.

By Sandali Handagama

Oct 4, 2021 at 9:28 a.m. UTC

Oct 4, 2021

CBDCsFinancial Stabilityregulationscentral banks

Business

Nigeria

Nigeria’s eNaira Website Goes Live Ahead of Scheduled October Rollout

The central bank digital currency will be accompanied by a CBN-sanctioned wallet that a user can link to a bank account.

By Sebastian Sinclair

Sep 28, 2021 at 3:05 a.m. UTC

Sep 28, 2021

Nigeriaenairacentral banksCBDCs

Policy

Chile

Central Bank of Chile Sets Up Team to Study CBDC Issuance

The team will present a white paper in first-quarter 2022 stating the objectives, requirements and regulations for the development of a digital currency.

By Andrés Engler

Sep 24, 2021 at 4:30 p.m. UTC

Sep 24, 2021

ChileCBDCscentral banksPolicyDigital Currencies