CBDC | ForkLog - Part 21

ForkLog 19 04.02.2022

Myanmar to consider launching a national digital currency

The government of Myanmar, which came to power following a military coup, plans to launch a CBDC. Bloomberg reports.

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ForkLog 9 04.02.2022

MIT and the Fed publish white paper on the digital dollar

The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) presented a white paper and open-source CBDC code as part of the first phase of studying its potential issuance.

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ForkLog 12 01.02.2022

India announces 30% tax on income from cryptocurrency transactions

India will impose a 30% tax on income from digital asset transactions ahead of the launch of the digital rupee. The initiative was presented by Finance Minister Nirmala Sitharaman during the budget presentation.

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ForkLog 14 31.01.2022

Former BoJ official sees risks in launching the digital yen

CBDC could threaten financial stability and have catastrophic consequences for the economy, according to Hiromi Yamaoka, the former head of the Bank of Japan's digital yen research, The Japan Times reports.

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ForkLog 8 31.01.2022

Developers report outage of Caribbean CBDC system

The DCash digital-currency transaction system of the eight Caribbean island states has been offline since January 14, 2022.

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ForkLog 6 31.01.2022

Opinion: The digital yuan wallet could become a super app

A mobile wallet for using the digital yuan could become a multifunctional super app. This view was voiced by Kevin Xu, GitHub's senior director of international development strategy.

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ForkLog 13 29.01.2022

Bank of Japan to decide on CBDC launch by 2026

Bank of Japan Governor Haruhiko Kuroda told lawmakers that the regulator has not yet decided on launching the digital yen.

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ForkLog 23 28.01.2022

Meituan Integrates China’s Digital Yuan

The Chinese food-delivery company Meituan has allowed partner merchants to accept the digital yuan (e-CNY). According to the South China Morning Post, users paying with the CBDC will be issued discount coupons.

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ForkLog 10 26.01.2022

Bank of America forecasts CBDC rollout will preserve the dollar’s dominance

The national digital currency (CBDC) will preserve the status of the U.S. dollar as the world’s reserve currency and broaden access to financial services. This was stated by Bank of America strategists, Bloomberg reports.

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ForkLog 11 24.01.2022

South Korea’s central bank completes first phase of CBDC testing

The Bank of Korea has successfully completed pilot testing of issuing and distributing a digital currency (CBDC), according to The Korea Herald, citing the institution.

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ForkLog 10 21.01.2022

Fed releases report on the digital dollar

The U.S. Federal Reserve presented a report on the results of studying the national digital currency (CBDC). The 40-page document contains no conclusions about the need for its issuance.

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ForkLog 6 17.01.2022

Bank of Israel widens CBDC deployment study

Israel advanced its study of the advantages and risks of launching a digital shekel, according to Yoav Soffer, head of the Bank of Israel–initiated project, Bloomberg reports.

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