CBDC | ForkLog - Part 12

ForkLog 16 19.04.2023

BIS and Bank of England finish pilot on DLT-based settlements

The Bank for International Settlements (BIS) and Bank of England tested a distributed ledger technology-based platform for interbank settlements. The results of Project Meridian will help improve the regulator's RTGS system.

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ForkLog 11 19.04.2023

Central Bank debunks myths about the digital ruble

The Bank of Russia published an FAQ on the digital ruble, in which it explained the principles behind the new financial instrument and the myths surrounding it.

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ForkLog 6 17.04.2023

Bank of Israel outlines conditions for launching the digital shekel

The Bank of Israel outlined the main conditions for creating the national digital currency SHAKED. However the regulator has not yet made a final decision on launching {{AOPEN_1}}CBDC{{ACLOSE_1}}.

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ForkLog 7 14.04.2023

Governor of the Bank of England calls for regulating stablecoins on a par with fiat

Stablecoins must meet the same rules as fiat, and proper supervision is necessary to ensure financial stability, according to Andrew Bailey, the Governor of the Bank of England.

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ForkLog 25 11.04.2023

John F. Kennedy’s nephew criticises CBDC and speaks in defence of Bitcoin

Robert F. Kennedy Jr., nephew of the 35th US president John F. Kennedy, believes that Bitcoin and other cryptocurrencies offer an alternative to the traditional financial system.

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ForkLog 12 10.04.2023

Journalists reveal Bank of England forming a team to launch a CBDC

The Bank of England plans to form a team of 30 specialists to develop the digital pound. The Sunday Times reports this.

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ForkLog 16 07.04.2023

Robert F. Kennedy Jr., nephew of John F. Kennedy, criticises the idea of launching a digital dollar

Robert F. Kennedy Jr., nephew of the 35th President of the United States John F. Kennedy, said that the digital dollar 'smears the slippery slope to financial slavery and political tyranny'.

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ForkLog 14 06.04.2023

Digital ruble hits problems before launch

The planned April 1 pilot launch of the digital ruble did not take place due to the absence of a regulatory framework and the instrument itself not being ready.

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ForkLog 15 31.03.2023

Bank of England envisions coexistence of CBDC and cryptocurrencies

The Bank of England's Chief Digital Officer Katy Fortune said that in the future she envisions a mixed ecosystem of various forms of money, including CBDC and stablecoins.

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ForkLog 8 31.03.2023

Media: Japan’s Finance Ministry to form an expert group to study the digital yen

In April, Japan's Ministry of Finance plans to assemble an expert group to study CBDC possibilities, according to NHK.

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ForkLog 23 22.03.2023

Interest in Nigeria’s CBDC grows as cash shortages bite

The Central Bank of Nigeria's decision to replace old banknotes with higher denominations amid high inflation has led to cash shortages and increased use of CBDC. Bloomberg reports.

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ForkLog 14 22.03.2023

U.S. senator opposes creation of a retail CBDC

U.S. Senator Ted Cruz, a Republican from Texas, introduced a bill prohibiting the Federal Reserve from launching a consumer-oriented central bank digital currency (CBDC).

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