CBDC | ForkLog - Part 32

ForkLog 13 07.06.2021

Shanghai authorities hand out $3 million in digital yuan testing

Shanghai authorities distributed central bank digital currency (CBDC) among the population. Lottery winners received "red envelopes" with 55 digital yuan each (about $8.6).

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ForkLog 8 04.06.2021

Bank of Ghana says CBDC development has reached an advanced stage

The Bank of Ghana is at an advanced stage of developing the national digital currency (CBDC). This was stated by regulator head Ernest Addison at a press conference.

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ForkLog 23 02.06.2021

ECB Flags Risks for Central Banks Without Their Own CBDCs

There is a risk of losing monetary sovereignty if large tech firms launch their own digital currencies and regulators lack versions of them. This conclusion is contained in the ECB's report on the international role of the euro.

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ForkLog 13 02.06.2021

Beijing to distribute over $6m in CBDC testing

In June, Beijing authorities will distribute central bank digital currency to the population. Lottery winners will receive 'red envelopes' containing 200 digital yuan.

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ForkLog 10 02.06.2021

Nabiullina: Digital currencies are the future of the financial system

As the economy moves online, central-bank digital currencies will be the future of financial systems, said Elvira Nabiullina, head of the Bank of Russia.

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ForkLog 9 01.06.2021

Ray Dalio: the digital yuan will be more competitive than the digital dollar

The digital dollar could become a viable currency, but the digital yuan would be more competitive on price and yield, Ray Dalio, founder of Bridgewater Associates, told The Block.

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ForkLog 5 31.05.2021

Creator of the digital yuan envisions CBDC operating on networks like Ethereum

CBDCs could operate on networks such as Ethereum and Diem, complementing two-tier models in which central banks distribute tokens through intermediaries. The view was expressed by former head of the National Digital Currency Department at the People's Bank of China (PBoC), Yao Can, according to CryptoNews, citing local media.

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ForkLog 9 28.05.2021

Sweden’s central bank selects participant for CBDC experiment

The Riksbank will test the national digital currency (CBDC) in collaboration with one of the country’s largest banking groups, Handelsbanken.

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ForkLog 5 28.05.2021

Bank of Mauritius announces CBDC pilot project

The Bank of Mauritius will roll out a pilot project for a central bank digital currency (CBDC) by the end of 2021, according to regulator Harvesh Seegolam at the Consensus conference.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 9 27.05.2021

Study finds COVID-19 pandemic accelerated adoption of cryptocurrencies.

Users are increasingly turning to digital payments, and the COVID-19 pandemic accelerated the adoption of cryptocurrencies. This is the finding of The Economist Intelligence Unit (EIU) in a study commissioned by Crypto.com.

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ForkLog 10 25.05.2021

Indonesia to issue a national digital currency (CBDC)

Bank Indonesia plans to issue a national digital currency (CBDC) to speed up transactions, Reuters reports.

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ForkLog 8 25.05.2021

South Africa to test CBDC in retail payments

The South African Reserve Bank will study the feasibility of issuing a general-purpose retail CBDC. The regulator will complete the techno-economic justification for the project in 2022.

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#CBDC