CBDC | ForkLog - Part 46

ForkLog 71 21.10.2020

What is a central-bank digital currency (CBDC)?

CBDCs are digital forms of sovereign money, issued by central banks. This guide outlines why they are being explored, their architectures, where pilots are under way and the attendant risks.

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ForkLog 7 20.10.2020

Line pitches CBDC platform to Asian central banks

Line, the operator of the Japanese messaging app, will build a blockchain platform for a central bank digital currency (CBDC). The company expects Asian regulators to evaluate the solution, according to The Block.

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ForkLog 10 19.10.2020

NZ central bank signals willingness to join CBDC race

Advisor to the Governor of the Reserve Bank of New Zealand, Christian Hawkesby, said regulators are conducting in-depth research into central bank digital currencies (CBDCs). This follows from the transcript of his remarks.

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ForkLog 19 19.10.2020

Fed Chair: For the United States, getting the digital currency right matters more than being first

In creating a cross-border digital currency for the Federal Reserve System (Fed), it is more important not to rush its issuance but to do it with the right approach, said Fed Chair Jerome Powell.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 19 19.10.2020

Governor of the Sveriges Riksbank urges Parliament to grant the digital krona the status of legal tender

The Riksbank published a report on the future of money and payments. In it, the regulator's head Stefan Ingves urged changes to the law to place the digital krona on a par with cash and the cashless forms of the national currency as legal tender.

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ForkLog 22 19.10.2020

95% of Shenzhen red-envelope lottery winners spent their digital yuan prize

47,573 of 50,000 Shenzhen red-envelope lottery winners with 200 digital yuan (~$29.50) received and spent the prize. Cointelegraph, citing city authorities, reports this.

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ForkLog 16 19.10.2020

Digital yuan to offer partial anonymity for transactions

The digital yuan is being tested for limited transaction anonymity, where the merchant is not shown in the record, according to 8btc.

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ForkLog 14 19.10.2020

Bank of Canada posts vacancy for economist in digital currencies

The Bank of Canada has posted a vacancy for an economist in digital currencies and financial technologies. He will monitor and analyse the development of electronic payment instruments, including central bank digital currency (CBDC) and stablecoins, according to the description.

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ForkLog 5 19.10.2020

Russia’s Finance Ministry weighs the risks and benefits of digital currencies

The Russian Finance Ministry is examining international experience in issuing and regulating digital currencies. Creating such an instrument could, among other things, reduce dependence on the dollar, but there are risks to its use. The ministry told Izvestiya.

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ForkLog 12 17.10.2020

Bank of Spain includes CBDC in its priority research agenda

The development and implications of introducing a central bank digital currency (CBDC) have been placed among the Bank of Spain's priority research areas under its strategic plan for 2020-2024.

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ForkLog 14 16.10.2020

Shenzhen gas stations start accepting the digital yuan

Eleven gas stations in Shenzhen have started accepting the digital yuan as part of a pilot project to use the payment system built on it (DCEP). Deсrypt reports, citing local media.

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ForkLog 11 16.10.2020

Digital ruble to be piloted by commercial banks

If the digital ruble project is approved, the Bank of Russia will conduct an experiment on its use by a limited group of users. Izvestiya reports.

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