The initiative builds on the central bank’s Project Ubin, an initiative that explored ... and Project Dunbar, a multi-CBDC platform for international settlements. MAS said it will bring forth ...

The MAS began its Project Ubin to explore CBDC in 2017. The NYIC was established in partnership with the Bank of International Settlements Innovation Hub in 2021.

The report is part of the Fed and MAS's ongoing joint Project Cedar/Project Ubin research. By Nikhilesh De Updated May 19, 2023, 3:22 p.m. Published May 19, 2023, 1:41 a.m.

This paper analyzes the legal foundations of central bank digital currency (CBDC) under central bank and monetary law. Absent strong legal foundations, the issuance of CBDC poses legal, financial and ...

McHenry’s (R-NC) broader legislation. Setting aside which members support broader crypto bills, stopping the Fed from issuing a CBDC should not be the partisan issue it is becoming. A CBDC gives ...

A central bank digital currency (CBDC) is a form of digital currency issued by a country's central bank. It is similar to cryptocurrencies, except that its value is fixed by the central bank and ...

This week, the House of Representatives will vote on legislation sponsored by House Majority Whip Tom Emmer (R-MN) called the ...

The author and editors take ultimate responsibility for the content. A central bank digital currency (CBDC) is a digital version of government-backed, fiat money. This type of digital currency is ...