CBDC | ForkLog - Part 36

ForkLog 13 26.03.2021

Bank of Japan forms coordination committee to study CBDC

A dedicated committee established by the Bank of Japan will coordinate CBDC experiments in Japan.

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ForkLog 5 25.03.2021

Bundesbank tests CBDC-independent blockchain solution for settlements

Blockchain and traditional payment systems are compatible in settlements of electronic securities. This was confirmed by experiments conducted by the Bundesbank, BaFin and Deutsche Börse.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 15 24.03.2021

Microsoft chief opposes private digital currencies

Tech companies should not issue currencies, leaving that mission to the state. This was stated by Microsoft president Brad Smith, according to Bloomberg.

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ForkLog 15 23.03.2021

PBOC rules out fully anonymous CBDCs

Fully anonymous national digital currencies do not align with the consensus of the world's leading central banks. Mu Changchun, director of the CBDC Institute at the People’s Bank of China (PBoC), said, The Block reports.

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ForkLog 4 23.03.2021

Norway’s central bank says Bitcoin is too costly to replace cash

Amid a move away from cash, the head of Norway's central bank said people should not turn to Bitcoin as an alternative in a Bloomberg interview.

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ForkLog 9 22.03.2021

BIS urges cooperation on CBDCs

Using CBDCs within a single system could address some of the problems associated with cross-border payments. This is stated in a BIS report.

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ForkLog 7 22.03.2021

Siluanov outlines the benefits of digital currency

Among the main trends shaping the development strategy of the Russian financial market to 2030 are green technologies, digitisation and cryptocurrencies. This was stated to journalists by Anton Siluanov, the head of the Russian Finance Ministry.

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ForkLog 10 19.03.2021

Jerome Powell: CBDCs will not replace fiat

The head of the Federal Reserve, Jerome Powell, said that central bank digital currencies (CBDCs) will not replace ordinary money, but will coexist with it.

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ForkLog 21 17.03.2021

Bank of Japan to Begin CBDC Experiments

The Bank of Japan will begin experiments with its own digital currency (CBDC) in the spring, Reuters reports.

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ForkLog 7 12.03.2021

Jamaica plans to launch a central bank digital currency in 2022

Jamaica will conduct pilot testing of the central bank digital currency (CBDC) in December ahead of its full launch in 2022, said Nigel Clarke, the country’s finance minister.

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ForkLog 8 10.03.2021

South Korea’s oldest bank develops blockchain platform for a CBDC

Shinhan Bank, in partnership with LG Corporation's IT division, has created a pilot blockchain-based platform for the national digital currency (CBDC) as part of preparations for its launch by the Bank of Korea, Yonhap reports.

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ForkLog 9 08.03.2021

US senator urges Fed to lead study into the digital dollar

Chairman of the US Senate Banking Committee, Sherrod Brown, urged the Federal Reserve to study the possibility of issuing a digital dollar. The official sent the letter to the Fed chair, Jerome Powell.

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