CBDC | ForkLog - Part 13

ForkLog 10 06.03.2023

BIS develops model for cross-border CBDC settlements

The BIS has completed the Icebreaker project, aimed at creating a cross-border retail CBDC payment system, according to BIS report.

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ForkLog 7 06.03.2023

Iranian central bank completes pre-pilot stage of CBDC development

The Monetary and Banking Research Institute (MBRI), a division of the Central Bank of Iran, said it had completed the preliminary phase of developing the digital rial.

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ForkLog 19 24.02.2023

U.S. congressman opposes Fed control over the digital dollar

The House Republican Leader, Tom Emmer, introduced a bill to protect Americans' financial privacy when using CBDCs.

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ForkLog 8 17.02.2023

BoJ to Launch Pilot CBDC in April

The Bank of Japan (BoJ) plans to launch a pilot programme to test the digital yen in April 2023. This is stated in the statement.

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ForkLog 5 17.02.2023

Bank of Russia sets date for digital ruble pilot launch

From 1 April, the Bank of Russia will launch a pilot project for digital ruble operations with the participation of 13 banks.

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ForkLog 7 13.02.2023

UAE to launch CBDC for cross-border and domestic payments

The Central Bank of the United Arab Emirates (UAE) announced the launch of CBDC as part of its country's financial infrastructure transformation programme.

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ForkLog 10 13.02.2023

Ukraine Announces Timeline for E-Hryvnia Pilot Launch

A pilot project for launching the electronic hryvnia is planned for 2024.

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ForkLog 14 08.02.2023

UK Chancellor Jeremy Hunt says digital pound could launch after 2025

The launch of a national digital currency (CBDC) is possible this decade, but not before 2025, UK Treasury chief Jeremy Hunt said, the BBC reports.

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ForkLog 15 08.02.2023

BIS to develop Pyxtrial platform to monitor stablecoin reserves

The BIS is developing a monitoring system to assess the sufficiency of stablecoin backing. The Pyxtrial project has been among the organisation's priorities for 2023.

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ForkLog 8 06.02.2023

China allocates millions to promote CBDC

Authorities in several Chinese cities distributed 180 million e-CNY (~$26.5 million) as subsidies and coupons to spur CBDC use by the population for the Chinese New Year, the Global Times reports.

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ForkLog 6 02.02.2023

Reliance Retail pilots CBDC payments in India, with plans for wider rollout

A major Indian retailer, Reliance Retail, has rolled out support for payments in the digital rupee at one Freshpik store and plans to extend the experience to all formats across the network. TechCrunch reports.

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ForkLog 6 02.02.2023

Economist urges China to review its total ban on Bitcoin

A former member of the People's Bank of China's Monetary Policy Committee urged authorities to consider the long-term consequences of banning cryptocurrencies.

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