CBDC | ForkLog - Part 43

ForkLog 14 19.11.2020

Bank of England urged to weigh the benefits of digital currencies

The Bank of England's chief economist, Andy Haldane, suggested that digital currencies could bolster financial stability. He said this at a conference hosted by TheCityUK.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 15 16.11.2020

Leading Spanish banks to test the issuance of tokenised money

The Spanish national payment operator Iberpay announced the next phase of the Smart Money initiative. It envisages the issuance, distribution and redemption of tokenised money in collaboration with the country’s five largest banks.

AI translated

ForkLog 14 14.11.2020

BIS: Central bank digital currencies will not supplant cash

As central banks' CBDC developments unfold, the role of cash in payments is diminishing, but it remains a store of value. This view was expressed by Benoît Cœuré, head of BIS's Innovation Hub.

AI translated

ForkLog 8 13.11.2020

Bank of England: We will not protect banks against digital currencies.

Deputy Governor of the Bank of England, Jon Cunliffe, said that his department is not obliged to protect commercial banks from the potentially negative consequences of the spread of digital currencies, Reuters reports.

AI translated

ForkLog 18 13.11.2020

ECB chief: launch of digital euro possible within the next four years

The head of the European Central Bank, Christine Lagarde, said that the regulator will not rush to launch its own digital currency (CBDC). If a decision is made, it could take two to four years.

AI translated

ForkLog 13 12.11.2020

Deutsche Bank: In the long run, CBDCs will supplant cash

The COVID-19 pandemic has accelerated the 'digital money revolution', the long-term consequence of which will be the replacement of cash by national digital currencies (CBDCs). This view was articulated by Deutsche Bank analysts in a report on current challenges.

AI translated