CBDC | ForkLog - Part 23

ForkLog 5 11.12.2021

ECB officials warn of the negative impact of the digital euro on foreign currencies

The digital euro could undermine financial stability in non-EU countries with weak economies, displacing their national currencies. This was stated by Fabio Panetta, a member of the European Central Bank's Governing Council.

AI translated

ForkLog 9 08.12.2021

Australia outlines plans for CBDC issuance and crypto regulation.

Australia plans to issue its own digital currency while introducing rules for cryptocurrencies. This was stated by Treasurer Josh Frydenberg.

AI translated

ForkLog 7 06.12.2021

Zimbabwe’s central bank begins study of CBDC

The Central Bank of Zimbabwe is studying the possibility of using a national digital currency (CBDC).

AI translated

ForkLog 10 03.12.2021

Yellen Says Broad Consensus Among Authorities Needed to Issue a CBDC

US Treasury Secretary Janet Yellen has not yet formed an opinion on the possible issuance of a digital dollar. At the Reuters Next conference, she said that Congress, the Fed, and the White House need to reach an agreement on a number of questions.

AI translated

ForkLog 10 30.11.2021

Bank Indonesia views CBDC as one of the tools to curb Bitcoin

Bank Indonesia is considering launching a national digital currency (CBDC) as one of the measures to combat cryptocurrencies in the country. Bloomberg reports.

AI translated

ForkLog 16 26.11.2021

Tanzania’s central bank begins preparations for issuing a CBDC

Tanzania's central bank governor Florence Luoga said at a financial conference that preparations for issuing a CBDC have begun, Bloomberg reports.

AI translated

ForkLog 9 24.11.2021

Bank of England sees CBDC as the next step in the evolution of money

Around 20% of deposits by individuals and corporations could move to the digital national currency (CBDC). These estimates were provided by Deputy Governor John Cunliffe.

AI translated

ForkLog 8 22.11.2021

Peru’s central bank begins work on CBDC

The president of Peru's central bank (BCRP), Julio Velarde, spoke about developing a national digital currency (CBDC) in cooperation with the central banks of India, Singapore and Hong Kong.

AI translated

ForkLog 9 19.11.2021

Chinese authorities warn of rising fraud linked to the digital yuan

Authorities in the Xiongan district warned residents about rising cases of fraud involving the digital yuan (e-CNY). Criminals impersonate government officials to gain access to victims' funds.

AI translated

ForkLog 12 18.11.2021

RBI Clarifies Timelines for CBDC Pilot Launch

RBI may pilot the central bank digital currency in the first quarter of fiscal year 2022, according to a senior RBI official. This was reported by Business Standard.

AI translated

ForkLog 8 11.11.2021

Bank of England to hold public consultations on digital pound in 2022

The UK Treasury and the Bank of England announced public consultations in 2022 on the launch of the digital pound.

AI translated

ForkLog 9 09.11.2021

Swiss central bank signals technical readiness for CBDC

The Swiss National Bank (SNB) has completed testing of wholesale CBDC (wCBDC). Board member Thomas Moser told CoinDesk in an interview that a technical rollout could take place in January 2022, provided there is a policy decision.

AI translated

#CBDC