CBDC | ForkLog

ForkLog 31 12.07.2023

Chinese bank begins testing offline payments for the digital yuan

One of China's largest state-owned banks, Bank of China, is testing a new offline method for paying with the digital yuan (e-CNY) linked to SIM cards.

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ForkLog 24 10.07.2023

BIS foresees up to 15 CBDCs by 2030

Ninety-three percent of central banks were working on their digital currencies (CBDCs) in 2022.

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ForkLog 16 06.07.2023

Central Bank outlines timelines for broad rollout of the digital ruble

Russian citizens will have the opportunity to use the national digital currency in 2025–2027, according to Olga Skorobogatova, the Central Bank's first deputy chair.

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ForkLog 12 05.07.2023

India begins talks on using CBDC with 18 countries

The Reserve Bank of India (RBI) is discussing the possibility of cross-border payments using the digital rupee with at least 18 countries.

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ForkLog 15 05.07.2023

Singapore’s DBS Bank Adds Support for the Digital Yuan (e-CNY)

Singapore's DBS Bank opened for clients the ability to receive payments in the digital yuan (e-CNY).

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ForkLog 15 05.07.2023

Jinan Adopts Digital Yuan for Transit Fares

Authorities in the Chinese city of Jinan implemented digital yuan fare payments on all bus routes and launched a CBDC incentive program.

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ForkLog 10 04.07.2023

Expert doubts CBDC as an alternative to cash

In current models CBDC will not replace cash and will not be suitable for everyday transactions. The Copper research department head Fadi Alfa concluded this.

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ForkLog 10 04.07.2023

UK Finance proposes capping digital pound holdings at £5,000

UK Finance believes that banks should hold no more than £5,000 in the digital pound.

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ForkLog 5 30.06.2023

Ukraine expects a drop in bank transfers after e-hryvnia launch

After the full launch of the electronic hryvnia in Ukraine, a decline in the volume of money transfers through commercial banks is expected.

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ForkLog 27 29.06.2023

Central banks test Curve AMM technologies for CBDCs

The BIS Innovation Hub, in collaboration with the central banks of France, Switzerland and Singapore, conducted tests of Curve v2 hybrid function{{AOPEN_1}} automated market maker{{ACLOSE_1}} for operations in wholesale CBDC pools.

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ForkLog 12 29.06.2023

Mastercard to pilot tokenized bank deposits

Mastercard will launch pilot tests of the Multi-Token Network (MTN). As part of the initiative, the company will conduct experiments with tokenized bank deposits.

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ForkLog 20 28.06.2023

European Commission proposes legal framework for a digital euro

The European Commission has proposed a legislative framework that would establish the legal basis for a potential ECB digital euro as a complement to cash.

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