CBDC | ForkLog

ForkLog 16 17.04.2025

Kyrgyzstan Launches Pilot for Digital Som

The President of Kyrgyzstan, Sadyr Japarov, signed amendments to the law “On the National Bank,” enabling the launch of a pilot project for a prototype of the national digital currency. According to the document, the digital som is recognized as legal tender within the country. The National Bank holds the exclusive right to issue it. […]

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ForkLog 35 17.04.2025

Belarus to Launch Digital Ruble by 2026

In the latter half of 2026, Belarus will see the full implementation of the digital ruble (CBDC). This was announced by the Chairman of the Board of the National Bank, Roman Golovchenko, during the program “Current Interview,” as reported by BELTA. The National Bank has identified three main areas for the CBDC launch: development of […]

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ForkLog 23 10.04.2025

Russians Cautioned Against Digital Ruble Scam

Experts from F6 have uncovered a fraudulent scheme promising passive income through investments in the digital ruble. The scheme is propagated across several websites, all created using a uniform template and registered between March 18 and April 4. On the webpage, users encounter the digital ruble logo and a chatbot with a “personal manager,” who […]

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ForkLog 19 15.03.2025

Pakistan Establishes Council to Promote Cryptocurrency

Pakistan’s Prime Minister, Shahbaz Sharif, has announced the formation of a special cryptocurrency council tasked with implementing regulations for digital currency. This was reported by the local publication The Express Tribune. The council will be chaired by Finance Minister Muhammad Aurangzeb, with his advisor Bilal bin Saqib serving as the executive director. Other members include […]

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ForkLog 10 13.03.2025

Study Reveals European Disinterest in Digital Euro

Citizens of the eurozone show little interest in a digital euro and perceive limited value in central bank digital currencies (CBDCs). This conclusion was reached by analysts at the ECB, who examined responses from 19,000 participants across 11 EU countries. The average household allocated only a small portion of a hypothetical €10,000 distribution to its […]

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ForkLog 16 12.03.2025

US Congressman Backs Stablecoin Legislation, Criticizes CBDC

On March 11, US Representative Tom Emmer spoke at a House Financial Services Committee hearing in support of legislation aimed at regulating stablecoins, while reiterating his criticism of the concept of a central bank digital currency (CBDC). He described CBDC as a “threat to American values” and emphasized the need for legislation that would prohibit […]

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ForkLog 1 11.03.2025

Top Official Warns of Trump’s ‘Crypto Policy’ Risks for the EU

The efforts of U.S. President Donald Trump’s administration to support cryptocurrencies could undermine the monetary sovereignty of the EU, according to Pierre Gramegna, Managing Director of the ESM. He stated that the U.S. stance on cryptocurrencies, particularly dollar-pegged stablecoins, raises serious concerns. Gramegna noted that the American administration’s support for such assets could trigger the […]

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ForkLog 37 10.03.2025

EU Lawmakers Question Digital Euro Amid ECB System Outage

A disruption in the payment system of the ECB has raised fresh doubts among lawmakers about the regulator’s ability to implement a national digital currency (CBDC) project, according to Reuters. Issues with the Target 2 (T2) system late last month resulted in transaction delays of a day. The cause was an error in the initial […]

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ForkLog 14 27.02.2025

Delay in Launch of Digital Ruble in Russia

The planned July 1 mass launch of the digital ruble has been postponed at the request of participants in the pilot project. This was reported by Interfax, citing a statement from the head of the Central Bank, Elvira Nabiullina. According to her, 15 banks and about 30 companies risk missing the deadline for launching operations. […]

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ForkLog 18 12.02.2025

Central Banks Show Waning Interest in CBDCs, Researchers Find

The proportion of central banks reporting diminished interest in issuing national digital currencies (CBDCs) has risen from zero in 2022 to 15%, according to findings by OMFIF. The study also revealed a decline in the number of central banks eager to issue CBDCs — from 38% to 18%. Data: OMFIF. The sample comprised responses from […]

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ForkLog 13 29.01.2025

NBU Delays E-Hryvnia Pilot Payments Again

The National Bank of Ukraine is preparing a comprehensive pilot project for the e-hryvnia, which will involve real users and payment service providers. This was announced by NBU Deputy Head Oleksiy Shaban in his column in Ekonomichna Pravda. According to him, participants will have the opportunity to test the CBDC in various types of transactions, […]

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ForkLog 14 28.01.2025

Russia Tests Digital Ruble in Budget Operations

The Bank of Russia, the Ministry of Finance, and the Treasury conducted tests of specific operations with the digital ruble within the budgetary process at the end of 2024, as reported by RBC. Details remain undisclosed, but the Ministry of Finance indicated that the parties are exploring this application of CBDC. However, the ministry emphasized […]

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