CBDC | ForkLog

ForkLog 34 03.11.2023

Ripple joins the development of the digital lari

The National Bank of Georgia has chosen the Ripple Labs Inc. blockchain platform as its official technology partner for the development of the digital lari.

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ForkLog 12 26.10.2023

Mexican presidential candidate backs Bitcoin payments

Mexican Senator Indira Kempis plans to make Bitcoin an integral part of her political program as she runs for the presidency.

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ForkLog 9 24.10.2023

Deutsche Bank tests a SWIFT analogue for CBDCs and stablecoins

Deutsche Bank and SC Ventures completed the transfer and exchange of stablecoins on the Universal Digital Payments (UDPN) network—an analogue of SWIFT for connecting CBDCs and stablecoins.

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ForkLog 12 20.10.2023

EU regulators propose stronger privacy protections for the digital euro

EDPB and EDPS published joint recommendations for the digital euro, ensuring the 'highest standards of data protection and privacy'.

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ForkLog 7 18.10.2023

Fed doubts the case for launching a digital dollar

There are currently no compelling arguments in favour of a digital dollar, and alternatives may address financial problems, said Michelle Bowman, a member of the Federal Reserve Board. She noted that expanding access to financial services and reducing frictions within the payments system may apply not only to CBDC. "Alternative options may perform these tasks more efficiently or with fewer risks …"

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ForkLog 10 05.10.2023

Experts weigh the potential of the digital ruble

Participants at the Digital Principle Club of Digital Lawyers' sixth meeting discussed the digital ruble and assessed the technology's prospects.

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ForkLog 12 04.10.2023

Moscow Metro begins testing the digital ruble

The Moscow Department of Transport announced the start of testing the digital ruble in the metro. For now, the CBDC can be used to purchase only the Troika transit card.

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ForkLog 11 02.10.2023

Georgia to launch a limited CBDC pilot project

The National Bank of Georgia will launch a pilot project for the digital lari with the participation of nine companies, including Ripple Labs. One of them will have the opportunity to proceed to the next testing phase.

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ForkLog 12 02.10.2023

Banks estimate the cost of implementing the digital ruble

The rollout of CBDC could require Russian banks to spend hundreds of millions of rubles. Such figures were cited by Kommersant, according to representatives of financial institutions.

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ForkLog 15 30.09.2023

Robert Kiyosaki Urges Buying Bitcoin Before Digital Dollar Launch

The author of the bestseller Rich Dad, Poor Dad and entrepreneur Robert Kiyosaki urged investing in Bitcoin, gold and silver before the CBDC launch.

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ForkLog 12 29.09.2023

Hangzhou to distribute 10 million digital yuan

Authorities in Hangzhou will conduct an airdrop of 10 million digital yuan worth $1.37 million, which can be used to pay for food delivery.

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ForkLog 5 27.09.2023

BIS Urges Countries to Lay Legal Groundwork for CBDCs

The BIS has urged governments worldwide to establish a regulatory framework for central bank digital currencies.

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