Central Bank or Crypto: Regulatory Prospects for Central Bank Digital Currencies and Stablecoins

Enthusiasm for most forms of cryptocurrency slackened during an eventful 2022 but several jurisdictions, including the EU and UK, have moved nearer to introducing a central bank digital currency (CBDC) in recent months. Proponents say CBDCs deploy advanced tech without the risks associated with commercial crypto-tokens and bolster financial systems against inroads by Big Tech payments firms. Others, however, see CBDCs as having the potential to become Big Brother, intruding on privacy.

Read more