CBDC | ForkLog - Part 38

ForkLog 11 05.02.2021

Suzhou to run another digital yuan test

Authorities in the Chinese city of Suzhou will distribute 30 million digital yuan among residents (about $5 million) as part of a series of experiments, The Block reported, citing local media.

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ForkLog 30 31.01.2021

Ripple says it is collaborating with central banks on CBDC development

Ripple is negotiating with central banks to use the XRP Ledger as the basis for national CBDCs, according to Ashish Birla of RippleNet.

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ForkLog 13 31.01.2021

Fed seeks manager to research stablecoins and CBDCs

The U.S. Federal Reserve has posted a vacancy for a manager of digital innovations who will assess the pros and cons of stablecoins and central bank digital currencies (CBDCs), according to CoinDesk.

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ForkLog 6 28.01.2021

Russian Analysts Create the First CBDC Navigator

Analytics company Mindsmith has launched the first open library of materials on central bank digital currencies (CBDCs).

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ForkLog 13 28.01.2021

BIS: Two-thirds of surveyed central banks study stablecoins

Many central banks are studying digital currencies, but regulators' greatest interest is focused on stablecoins. This follows from the BIS survey results.

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ForkLog 20 26.01.2021

India weighs launch of its own digital currency

The Reserve Bank of India (RBI) has begun studying the potential of the digital rupee, according to a report on the country's payment systems.

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ForkLog 8 25.01.2021

Another Chinese city to distribute digital yuan

On 27 January, authorities in Chengdu, Sichuan, will distribute 30 million digital yuan to residents (~$4.6 million). The Block reports, citing local media.

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ForkLog 13 25.01.2021

Cryptocurrencies to feature in a dedicated Davos session

The organizers of the World Economic Forum (WEF) in Davos will dedicate a dedicated session to the cryptocurrency industry, titled 'Resetting Digital Currencies', which will take place on January 25 and 28.

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ForkLog 7 24.01.2021

Beijing and Shanghai Plan Large-Scale Testing of the Digital Yuan

China's largest cities plan to back testing of the country's sovereign digital currency (DCEP), according to Global Times.

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ForkLog 9 22.01.2021

BIS to create a payment platform for CBDCs

In 2021, the BIS Innovation Hub (BISIH) will begin piloting national digital currencies (CBDCs) around the world, according to the project roadmap.

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ForkLog 7 22.01.2021

HSE professor flags main long-term risk for Bitcoin

The main risk for the cryptocurrency industry in the long term is government regulation. However, in the coming months Bitcoin's price has a chance to reach a new all-time high. This was stated by HSE professor Evgeny Kogan in his Telegram channel.

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ForkLog 6 22.01.2021

Shenzhen to hold third mass test of digital yuan

Shenzhen authorities will distribute among the population 20 million digital yuan (about $3.1 million) as part of a new pilot program to promote the use of the new form of currency, according to Xinhuanet.

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