Official digital currencies may have a hard time proving their value, the rating agency says
Crypto is too volatile to replace the basic function of money, according to a report
Report recommends leveraging existing framework to enable crypto to deliver benefits as a payment mechanism
Central bank proposal would disintermediate banks and curb deposit funding
Government-led digital money projects are more likely, report says
Anthony Ostler also called for more consumer protection in the emerging payments space
Consultation considers impact of tech giants on competition, consumers
First non-bank approved by BoC for direct settlement account
Costs and benefits of central bank digital currency depend on design choices, Moody's says
BIS Innovation Hubs lay out project lineup for year ahead