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2022-01-13
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Visa, Consensys Partner to Build Tech for Central Bank Digital Currencies<blockquote>Visa与Consensys合作开发央行数字货币技术</blockquote>
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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":694556980,"tweetId":"694556980","gmtCreate":1642052446889,"gmtModify":1642052447193,"author":{"id":3584322535335724,"idStr":"3584322535335724","authorId":3584322535335724,"authorIdStr":"3584322535335724","name":"Jetblackeyes","avatar":"https://static.tigerbbs.com/227c87d3e8eaa258f98f85885dd9173d","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":18,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Pls like</p></body></html>","htmlText":"<html><head></head><body><p>Pls like</p></body></html>","text":"Pls like","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/694556980","repostId":1113082725,"repostType":4,"repost":{"id":"1113082725","kind":"news","pubTimestamp":1642050879,"share":"https://www.laohu8.com/m/news/1113082725?lang=zh_CN&edition=full","pubTime":"2022-01-13 13:14","market":"us","language":"en","title":"Visa, Consensys Partner to Build Tech for Central Bank Digital Currencies<blockquote>Visa与Consensys合作开发央行数字货币技术</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1113082725","media":"Yahoo Finance","summary":"Visa (V) announced on Thursday that it will expand its crypto services one step further by partnerin","content":"<p><html><head></head><body>Visa (V) announced on Thursday that it will expand its crypto services one step further by partnering with blockchain software company Consensys to build an on-ramp for central bank digital currencies (CBDC).</p><p><blockquote><html><head></head><body>Visa(V)周四宣布，将与区块链软件公司Consensys合作，为央行数字货币(CBDC)建立入口，从而进一步扩展其加密服务。</body></html></blockquote></p><p>The payments giant aims to create a “CBDC sandbox,” available in the spring, where central banks can experiment with distributing the technology after minting on Consensys' Quorum protocol.</p><p><blockquote>这家支付巨头的目标是创建一个“CBDC沙盒”，将于春季推出，央行可以在Consensys的Quorum协议上铸造后尝试分发该技术。</blockquote></p><p>The partnership is the latest development in the booming cryptocurrency market, with central banks vying to mint their own digital coins and established financial companies dabbling in crypto payments.</p><p><blockquote>此次合作是蓬勃发展的加密货币市场的最新进展，各国央行竞相铸造自己的数字硬币，老牌金融公司也涉足加密支付。</blockquote></p><p>“Central banks are moving from research to actually wanting to have a tangible product they can experiment with,” Chuy Sheffield, Visa’s head of crypto.</p><p><blockquote>Visa加密货币主管Chuy Sheffield表示：“央行正在从研究转向真正希望拥有一种可以进行试验的有形产品。”</blockquote></p><p>CBDBs can run off distributed ledger or blockchain technology-built protocols. Unlike cryptocurrencies such as bitcoin (BTC-USD) or ether (ETH-USD), CBDC protocols are always "permissioned," meaning central banks maintain monetary and governance control.</p><p><blockquote>CBDB可以运行分布式账本或区块链技术构建的协议。与比特币（BTC-USD）或以太币（ETH-USD）等加密货币不同，CBDC协议始终是“许可的”，这意味着央行保持货币和治理控制。</blockquote></p><p>The partnership uses a “two-tier” distribution model for CBDCs. Central banks would design their digital currency on Consensys' Quorum where they would set its monetary and governance rules. They then use Visa’s infrastructure to distribute the currency via financial intermediaries like commercial banks.</p><p><blockquote>该伙伴关系对CBDC采用“两层”分销模式。央行将根据Consensys的法定人数设计数字货币，并制定货币和治理规则。然后，他们使用Visa的基础设施，通过商业银行等金融中介机构分发货币。</blockquote></p><p>Eswar Prasad, a senior professor of trade policy at Cornell University and author of "The Future of Money," explained to Yahoo Finance some of the advantages of the Visa-Consensys model. It doesn't cut payment providers out of the equation, and could allow competition for who can provide the most efficient, low-cost services.</p><p><blockquote>康奈尔大学贸易政策高级教授、《货币的未来》一书的作者Eswar Prasad向雅虎财经解释了Visa-Consensys模型的一些优势。它不会将支付提供商排除在外，并且可以允许竞争谁能够提供最高效、低成本的服务。</blockquote></p><p>Prasad said that central banks will likely prefer to manage the payment infrastructure themselves.</p><p><blockquote>普拉萨德表示，央行可能更愿意自己管理支付基础设施。</blockquote></p><p>Yet he also pointed out that Visa's approach is also noteworthy for how it could "help maintain the relevance of its payment network amidst fast-moving changes in the payment space that could undercut its business model." The changes also include stablecoins and various fintech payment platforms.</p><p><blockquote>但他也指出，Visa的方法也值得注意，因为它可以“在支付领域快速变化可能削弱其商业模式的情况下帮助保持其支付网络的相关性”。这些变化还包括稳定币和各种金融科技支付平台。</blockquote></p><p>Visa has been involved in crypto-related products since 2019, leveraging its existing payment network as an advantage for building "on-ramps" for buying crypto, and "off-ramps” for converting it back to fiat currency.</p><p><blockquote>Visa自2019年以来一直涉足加密相关产品，利用其现有的支付网络作为优势，建立购买加密货币的“入口坡道”和将其转换回法定货币的“出口坡道”。</blockquote></p><p>It already settles transactions in one stablecoin, and more recently opened a crypto consulting service that caters to banks exploring cryptocurrency plans of their own.</p><p><blockquote>它已经用一种稳定币结算交易，最近还开设了一项加密货币咨询服务，为探索自己的加密货币计划的银行提供服务。</blockquote></p><p>The number of countries exploring CBDCs has more than doubled in the last year and a half. According to the Atlantic Council’s CBDC tracker, at least 87 different countries — which represent 90% of global gross domestic product — are weighing the financial technology in some fashion.</p><p><blockquote>在过去的一年半里，探索CBDC的国家数量增加了一倍多。根据大西洋理事会的CBDC追踪，至少有87个不同的国家——占全球国内生产总值的90%——正在以某种方式权衡金融技术。</blockquote></p><p>However, progress and goals within that group have been uneven. Nine central banks, including Nigeria, The Bahamas and seven others from Caribbean nations, have launched a CBDC. Meanwhile, China is ready to unveil its pilot digital yuan to foreign visitors next month during the 2022 Winter Olympics.</p><p><blockquote>然而，该小组的进展和目标并不均衡。包括尼日利亚、巴哈马和其他七个加勒比国家在内的九家央行已经推出了CBDC。与此同时，中国准备在下个月2022年冬季奥运会期间向外国游客推出试点数字人民币。</blockquote></p><p>Meanwhile, major central banks like the Fed aren’t expected to issue a digital coin any time soon. During his reconfirmation hearing earlier this week, Fed Chair Jerome Powell said that the Fed’s long awaited paper on CBDCs will be released "in the coming weeks," but gave no firm timetable beyond that.</p><p><blockquote>与此同时，美联储等主要央行预计不会很快发行数字硬币。在本周早些时候的再次确认听证会上，美联储主席杰罗姆·鲍威尔表示，美联储期待已久的CBDC文件将在“未来几周”发布，但除此之外没有给出明确的时间表。</blockquote></p><p>“It’s more an exercise in asking questions and seeking input from the public, rather than taking positions on various issues, although we do take some positions,” Powell said.</p><p><blockquote>鲍威尔说：“这更多的是提出问题和寻求公众意见的练习，而不是在各种问题上采取立场，尽管我们确实采取了一些立场。”</blockquote></p><p>A top executive at eCurrency, a company that has been advising the U.S. Treasury and the Federal Reserve on CBDCs for more than a decade,told Yahoo Finance in October that Congress must grant authorization before the Fed and U.S. Treasury can issue a central bank-backed token.</p><p><blockquote>eCurrency是一家十多年来一直为美国财政部和美联储提供CBDC咨询服务的公司，该公司的一位高管在10月份告诉雅虎财经，在美联储和美国财政部发行央行支持的代币之前，国会必须获得授权。</blockquote></p><p>The use case for any CBDBs is wide ranging. But based on conversations with central bankers, Visa’s global CBDC lead Catherine Gu told Yahoo Finance two major reasons stand out.</p><p><blockquote>任何CBDB的用例都是广泛的。但根据与央行行长的对话，Visa全球CBDC负责人Catherine Gu告诉雅虎财经，有两个主要原因很突出。</blockquote></p><p>First, developing countries could use the technology to give greater financial access to unbanked populations. Second, CBDCs provide developed countries a more efficient distribution of stimulus relief in more targeted ways to juice an economy, like giving the money an expiration date, or permitting it only to be used in certain transactions.</p><p><blockquote>首先，发展中国家可以利用这项技术为没有银行账户的人口提供更多的金融机会。其次，CBDC以更有针对性的方式为发达国家提供了更有效的刺激救济分配，以刺激经济，例如给资金一个到期日，或者只允许其用于某些交易。</blockquote></p><p>Yet there’s an obstacle around user adoption and acceptance of CBDCs. It hinges on the power the technology would potentially grant to central banks — and whether that poses a challenge to the primacy of fiat units like the U.S. dollar, the world's dominant reserve currency.</p><p><blockquote>然而，用户采用和接受CBDC存在障碍。这取决于该技术可能赋予央行的权力，以及这是否会对世界主要储备货币美元等法定单位的首要地位构成挑战。</blockquote></p><p>While CBDCs could provide new monetary policy tools, it isn't clear how limitations will be set in democratic societies.</p><p><blockquote>虽然CBDC可以提供新的货币政策工具，但尚不清楚民主社会将如何设定限制。</blockquote></p><p></p><p>“You also have this key issue for central banks to address; what will the coexistence of a CBDC look like and how would it integrate within the existing financial system,” Gu added.</p><p><blockquote>顾补充道：“央行还需要解决这个关键问题；CBDC的共存会是什么样子，以及它将如何融入现有的金融体系。”</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Visa, Consensys Partner to Build Tech for Central Bank Digital Currencies<blockquote>Visa与Consensys合作开发央行数字货币技术</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVisa, Consensys Partner to Build Tech for Central Bank Digital Currencies<blockquote>Visa与Consensys合作开发央行数字货币技术</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Yahoo Finance</strong><span class=\"h-time small\">2022-01-13 13:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Visa (V) announced on Thursday that it will expand its crypto services one step further by partnering with blockchain software company Consensys to build an on-ramp for central bank digital currencies (CBDC).</p><p><blockquote><html><head></head><body>Visa(V)周四宣布，将与区块链软件公司Consensys合作，为央行数字货币(CBDC)建立入口，从而进一步扩展其加密服务。</body></html></blockquote></p><p>The payments giant aims to create a “CBDC sandbox,” available in the spring, where central banks can experiment with distributing the technology after minting on Consensys' Quorum protocol.</p><p><blockquote>这家支付巨头的目标是创建一个“CBDC沙盒”，将于春季推出，央行可以在Consensys的Quorum协议上铸造后尝试分发该技术。</blockquote></p><p>The partnership is the latest development in the booming cryptocurrency market, with central banks vying to mint their own digital coins and established financial companies dabbling in crypto payments.</p><p><blockquote>此次合作是蓬勃发展的加密货币市场的最新进展，各国央行竞相铸造自己的数字硬币，老牌金融公司也涉足加密支付。</blockquote></p><p>“Central banks are moving from research to actually wanting to have a tangible product they can experiment with,” Chuy Sheffield, Visa’s head of crypto.</p><p><blockquote>Visa加密货币主管Chuy Sheffield表示：“央行正在从研究转向真正希望拥有一种可以进行试验的有形产品。”</blockquote></p><p>CBDBs can run off distributed ledger or blockchain technology-built protocols. Unlike cryptocurrencies such as bitcoin (BTC-USD) or ether (ETH-USD), CBDC protocols are always "permissioned," meaning central banks maintain monetary and governance control.</p><p><blockquote>CBDB可以运行分布式账本或区块链技术构建的协议。与比特币（BTC-USD）或以太币（ETH-USD）等加密货币不同，CBDC协议始终是“许可的”，这意味着央行保持货币和治理控制。</blockquote></p><p>The partnership uses a “two-tier” distribution model for CBDCs. Central banks would design their digital currency on Consensys' Quorum where they would set its monetary and governance rules. They then use Visa’s infrastructure to distribute the currency via financial intermediaries like commercial banks.</p><p><blockquote>该伙伴关系对CBDC采用“两层”分销模式。央行将根据Consensys的法定人数设计数字货币，并制定货币和治理规则。然后，他们使用Visa的基础设施，通过商业银行等金融中介机构分发货币。</blockquote></p><p>Eswar Prasad, a senior professor of trade policy at Cornell University and author of "The Future of Money," explained to Yahoo Finance some of the advantages of the Visa-Consensys model. It doesn't cut payment providers out of the equation, and could allow competition for who can provide the most efficient, low-cost services.</p><p><blockquote>康奈尔大学贸易政策高级教授、《货币的未来》一书的作者Eswar Prasad向雅虎财经解释了Visa-Consensys模型的一些优势。它不会将支付提供商排除在外，并且可以允许竞争谁能够提供最高效、低成本的服务。</blockquote></p><p>Prasad said that central banks will likely prefer to manage the payment infrastructure themselves.</p><p><blockquote>普拉萨德表示，央行可能更愿意自己管理支付基础设施。</blockquote></p><p>Yet he also pointed out that Visa's approach is also noteworthy for how it could "help maintain the relevance of its payment network amidst fast-moving changes in the payment space that could undercut its business model." The changes also include stablecoins and various fintech payment platforms.</p><p><blockquote>但他也指出，Visa的方法也值得注意，因为它可以“在支付领域快速变化可能削弱其商业模式的情况下帮助保持其支付网络的相关性”。这些变化还包括稳定币和各种金融科技支付平台。</blockquote></p><p>Visa has been involved in crypto-related products since 2019, leveraging its existing payment network as an advantage for building "on-ramps" for buying crypto, and "off-ramps” for converting it back to fiat currency.</p><p><blockquote>Visa自2019年以来一直涉足加密相关产品，利用其现有的支付网络作为优势，建立购买加密货币的“入口坡道”和将其转换回法定货币的“出口坡道”。</blockquote></p><p>It already settles transactions in one stablecoin, and more recently opened a crypto consulting service that caters to banks exploring cryptocurrency plans of their own.</p><p><blockquote>它已经用一种稳定币结算交易，最近还开设了一项加密货币咨询服务，为探索自己的加密货币计划的银行提供服务。</blockquote></p><p>The number of countries exploring CBDCs has more than doubled in the last year and a half. According to the Atlantic Council’s CBDC tracker, at least 87 different countries — which represent 90% of global gross domestic product — are weighing the financial technology in some fashion.</p><p><blockquote>在过去的一年半里，探索CBDC的国家数量增加了一倍多。根据大西洋理事会的CBDC追踪，至少有87个不同的国家——占全球国内生产总值的90%——正在以某种方式权衡金融技术。</blockquote></p><p>However, progress and goals within that group have been uneven. Nine central banks, including Nigeria, The Bahamas and seven others from Caribbean nations, have launched a CBDC. Meanwhile, China is ready to unveil its pilot digital yuan to foreign visitors next month during the 2022 Winter Olympics.</p><p><blockquote>然而，该小组的进展和目标并不均衡。包括尼日利亚、巴哈马和其他七个加勒比国家在内的九家央行已经推出了CBDC。与此同时，中国准备在下个月2022年冬季奥运会期间向外国游客推出试点数字人民币。</blockquote></p><p>Meanwhile, major central banks like the Fed aren’t expected to issue a digital coin any time soon. During his reconfirmation hearing earlier this week, Fed Chair Jerome Powell said that the Fed’s long awaited paper on CBDCs will be released "in the coming weeks," but gave no firm timetable beyond that.</p><p><blockquote>与此同时，美联储等主要央行预计不会很快发行数字硬币。在本周早些时候的再次确认听证会上，美联储主席杰罗姆·鲍威尔表示，美联储期待已久的CBDC文件将在“未来几周”发布，但除此之外没有给出明确的时间表。</blockquote></p><p>“It’s more an exercise in asking questions and seeking input from the public, rather than taking positions on various issues, although we do take some positions,” Powell said.</p><p><blockquote>鲍威尔说：“这更多的是提出问题和寻求公众意见的练习，而不是在各种问题上采取立场，尽管我们确实采取了一些立场。”</blockquote></p><p>A top executive at eCurrency, a company that has been advising the U.S. Treasury and the Federal Reserve on CBDCs for more than a decade,told Yahoo Finance in October that Congress must grant authorization before the Fed and U.S. Treasury can issue a central bank-backed token.</p><p><blockquote>eCurrency是一家十多年来一直为美国财政部和美联储提供CBDC咨询服务的公司，该公司的一位高管在10月份告诉雅虎财经，在美联储和美国财政部发行央行支持的代币之前，国会必须获得授权。</blockquote></p><p>The use case for any CBDBs is wide ranging. But based on conversations with central bankers, Visa’s global CBDC lead Catherine Gu told Yahoo Finance two major reasons stand out.</p><p><blockquote>任何CBDB的用例都是广泛的。但根据与央行行长的对话，Visa全球CBDC负责人Catherine Gu告诉雅虎财经，有两个主要原因很突出。</blockquote></p><p>First, developing countries could use the technology to give greater financial access to unbanked populations. Second, CBDCs provide developed countries a more efficient distribution of stimulus relief in more targeted ways to juice an economy, like giving the money an expiration date, or permitting it only to be used in certain transactions.</p><p><blockquote>首先，发展中国家可以利用这项技术为没有银行账户的人口提供更多的金融机会。其次，CBDC以更有针对性的方式为发达国家提供了更有效的刺激救济分配，以刺激经济，例如给资金一个到期日，或者只允许其用于某些交易。</blockquote></p><p>Yet there’s an obstacle around user adoption and acceptance of CBDCs. It hinges on the power the technology would potentially grant to central banks — and whether that poses a challenge to the primacy of fiat units like the U.S. dollar, the world's dominant reserve currency.</p><p><blockquote>然而，用户采用和接受CBDC存在障碍。这取决于该技术可能赋予央行的权力，以及这是否会对世界主要储备货币美元等法定单位的首要地位构成挑战。</blockquote></p><p>While CBDCs could provide new monetary policy tools, it isn't clear how limitations will be set in democratic societies.</p><p><blockquote>虽然CBDC可以提供新的货币政策工具，但尚不清楚民主社会将如何设定限制。</blockquote></p><p></p><p>“You also have this key issue for central banks to address; what will the coexistence of a CBDC look like and how would it integrate within the existing financial system,” Gu added.</p><p><blockquote>顾补充道：“央行还需要解决这个关键问题；CBDC的共存会是什么样子，以及它将如何融入现有的金融体系。”</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/visa-consensys-partner-to-build-tech-for-central-bank-digital-currencies-050113963.html\">Yahoo Finance</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"V":"Visa"},"source_url":"https://finance.yahoo.com/news/visa-consensys-partner-to-build-tech-for-central-bank-digital-currencies-050113963.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113082725","content_text":"Visa (V) announced on Thursday that it will expand its crypto services one step further by partnering with blockchain software company Consensys to build an on-ramp for central bank digital currencies (CBDC).The payments giant aims to create a “CBDC sandbox,” available in the spring, where central banks can experiment with distributing the technology after minting on Consensys' Quorum protocol.The partnership is the latest development in the booming cryptocurrency market, with central banks vying to mint their own digital coins and established financial companies dabbling in crypto payments.“Central banks are moving from research to actually wanting to have a tangible product they can experiment with,” Chuy Sheffield, Visa’s head of crypto.CBDBs can run off distributed ledger or blockchain technology-built protocols. Unlike cryptocurrencies such as bitcoin (BTC-USD) or ether (ETH-USD), CBDC protocols are always \"permissioned,\" meaning central banks maintain monetary and governance control.The partnership uses a “two-tier” distribution model for CBDCs. Central banks would design their digital currency on Consensys' Quorum where they would set its monetary and governance rules. They then use Visa’s infrastructure to distribute the currency via financial intermediaries like commercial banks.Eswar Prasad, a senior professor of trade policy at Cornell University and author of \"The Future of Money,\" explained to Yahoo Finance some of the advantages of the Visa-Consensys model. It doesn't cut payment providers out of the equation, and could allow competition for who can provide the most efficient, low-cost services.Prasad said that central banks will likely prefer to manage the payment infrastructure themselves.Yet he also pointed out that Visa's approach is also noteworthy for how it could \"help maintain the relevance of its payment network amidst fast-moving changes in the payment space that could undercut its business model.\" The changes also include stablecoins and various fintech payment platforms.Visa has been involved in crypto-related products since 2019, leveraging its existing payment network as an advantage for building \"on-ramps\" for buying crypto, and \"off-ramps” for converting it back to fiat currency.It already settles transactions in one stablecoin, and more recently opened a crypto consulting service that caters to banks exploring cryptocurrency plans of their own.The number of countries exploring CBDCs has more than doubled in the last year and a half. According to the Atlantic Council’s CBDC tracker, at least 87 different countries — which represent 90% of global gross domestic product — are weighing the financial technology in some fashion.However, progress and goals within that group have been uneven. Nine central banks, including Nigeria, The Bahamas and seven others from Caribbean nations, have launched a CBDC. Meanwhile, China is ready to unveil its pilot digital yuan to foreign visitors next month during the 2022 Winter Olympics.Meanwhile, major central banks like the Fed aren’t expected to issue a digital coin any time soon. During his reconfirmation hearing earlier this week, Fed Chair Jerome Powell said that the Fed’s long awaited paper on CBDCs will be released \"in the coming weeks,\" but gave no firm timetable beyond that.“It’s more an exercise in asking questions and seeking input from the public, rather than taking positions on various issues, although we do take some positions,” Powell said.A top executive at eCurrency, a company that has been advising the U.S. Treasury and the Federal Reserve on CBDCs for more than a decade,told Yahoo Finance in October that Congress must grant authorization before the Fed and U.S. Treasury can issue a central bank-backed token.The use case for any CBDBs is wide ranging. But based on conversations with central bankers, Visa’s global CBDC lead Catherine Gu told Yahoo Finance two major reasons stand out.First, developing countries could use the technology to give greater financial access to unbanked populations. Second, CBDCs provide developed countries a more efficient distribution of stimulus relief in more targeted ways to juice an economy, like giving the money an expiration date, or permitting it only to be used in certain transactions.Yet there’s an obstacle around user adoption and acceptance of CBDCs. It hinges on the power the technology would potentially grant to central banks — and whether that poses a challenge to the primacy of fiat units like the U.S. dollar, the world's dominant reserve currency.While CBDCs could provide new monetary policy tools, it isn't clear how limitations will be set in democratic societies.“You also have this key issue for central banks to address; what will the coexistence of a CBDC look like and how would it integrate within the existing financial system,” Gu added.","news_type":1,"symbols_score_info":{"V":0.9}},"isVote":1,"tweetType":1,"viewCount":4213,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":7,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/694556980"}
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