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Some of Japan's lawmakers fears a digital yuan could create economic disruption if it replaces the U.S. dollar in international markets.
Most Davos experts appear to agree that blockchain technology is best for data collection rather than self-sovereign finance.
When world leaders gather in Davos next week, they'll confront an essential question, says Circle's Jeremy Allaire: Can they seize blockchain's ability to create value for people around the world?
Cryptocurrencies could be at the heart of a new Cold War, at least according to some investors at the Crypto Finance Conference in St. Moritz.
Former CFTC Chair Chris Giancarlo and LabCFTC head Dan Gorfine are forming the Digital Dollar Foundation, working with Accenture to determine how best to create a U.S. central bank digital currency.
A digital currency could ensure that citizens remain able to use central bank money even if cash is eventually no longer used, according to Benoît Cœuré.
Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits.
A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so may require the country to abandon cash.
The Marshall Islands has set up a not-for-profit organization to oversee the Pacific nation's digital legal tender, the SOV.
The head of Germany's central bank has said central bank digital currencies could destabilize financial systems and worsen bank runs.
A European Central Bank council member has come out generally in favor of wholesale central bank digital currencies.
Anonymous, cryptocurrencies could become more important in an environment where government money is closely controlled, says Dovey Wan.