CBDC | ForkLog - Part 49

ForkLog 13 14.09.2020

PBOC to require nationwide acceptance of the digital yuan

The People's Bank of China regards the digital yuan as a legal tender that must be accepted nationwide. This was written by Deputy Governor Fan Yifei in a column for Financial News.

AI translated

ForkLog 27 11.09.2020

ECB lays out timing for decision on digital euro

ECB working group will soon issue a verdict on the feasibility of developing a digital euro, according to ECB President Christine Lagarde.

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ForkLog 15 09.09.2020

Mastercard to launch sandbox for testing national digital currencies

Mastercard has unveiled a virtual environment for testing central bank digital currencies (CBDCs), according to a press release.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 8 04.09.2020

Brazil to roll out digital real by end-2022

The Central Bank of Brazil announced the completion of the development of the digital currency (CBDC) by the end of 2022. This was stated by regulator head Roberto Campos Neto, Finance Magnates reports citing local media.

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ForkLog 26 04.09.2020

How and Why Central Banks Create Digital Currencies (CBDCs)

Experts already describe central bank digital currencies (CBDCs) as one of the most important trends shaping the future of money. According to a BIS report, by early 2019 CBDC research was underway at 70% of central banks. The coronavirus pandemic will only accelerate work on digital currencies across countries.

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ForkLog 9 02.09.2020

Chinese citizens will be able to store digital yuan in hardware wallets

China's central bank digital payments system (DCEP) envisions using both mobile and standalone hardware wallets. The details were contained in the digital yuan's terms of use, which CoinDesk studied.

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ForkLog 6 31.08.2020

Bank of Korea to enter the technical phase of CBDC testing

The Bank of Korea will identify a potential partner to help create the systemic architecture of the central bank digital currency (CBDC). This followed the design and specification of requirements for the CBDC developer, according to The Korea Times.

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ForkLog 8 29.08.2020

Media: Major Chinese bank begins registering wallets for the digital yuan

One of the largest Chinese banks, China Construction Bank (CCB), has opened wallet registrations for the digital yuan, according to 8btc.

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ForkLog 11 26.08.2020

BIS outlines the role of central bank digital currencies

Central bank digital currencies (CBDCs) will complement rather than replace fiat money. This is stated in a BIS report.

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ForkLog 7 25.08.2020

Media: China to use digital yuan at the 2022 Winter Olympics

China plans to use its national digital currency at the 2022 Winter Olympics, Reuters reports, citing Sun Guofeng, head of the central bank's monetary policy department.

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ForkLog 8 25.08.2020

Brazil’s central bank to study issuing its own digital currency

Brazil's central bank has begun studying the implications of issuing its own digital currency (CBDC). CoinDesk reports, citing the central bank's press release.

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ForkLog 11 22.08.2020

Bahamas central bank records Sand Dollar on balance sheet at $48,000

The Central Bank of the Bahamas issued the Sand Dollar for $48,000.

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