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Non-committal CBDC Report Highlights BIS, Central Banks’ Indecision
9.10.2020
The Bank for International Settlements (BIS) and a group of leading-economy central banks has issued a report outlining what they believe the key principles of a central bank digital currency (CBDC) should be – but yet again went to great pains to sit on the fence when it comes to the matter...
Bank of Japan to begin digital currency proof-of-concept in 2021
9.10.2020
In a recent document from the Bank of Japan, the central bank stressed the need for offline availability
Senior Japanese official fears China being ‘first-mover’ in digital currency
9.10.2020
China might gain control over global CBDC standards, a Japanese official warns
Fed Reserve and 6 Other Central Banks Set Out Core Digital Currency Principles
9.10.2020
The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies
Shenzhen to hand out 10 million digital yuan in currency giveaway
9.10.2020
China is promoting its central bank digital currency with a public $1.5 million giveaway
Central banks detail CBDC expectations in massive joint document
9.10.2020
The report is a major step towards pushing central bank digital currencies forward
China’s Digital Currency Has Been Used in 3 Million Transactions Worth Over a Billion Yuan So Far
8.10.2020
China’s central bank digital currency has been used in 3.13 million transactions worth about 1.1 billion yuan ($162 million) so far, the People’s Bank of China’s deputy governor has reportedly revealed. In addition, more than 122,000 digital wallets have been created....
‘It’s Something We’re Studying’: Deputy Treasury Secretary Discusses US CBDC Plans
7.10.2020
“It’s something we’re studying … this is really a decision which sits as much with the Fed as it does with Treasury,” said Deputy Secretary Justin Muzinich
Bank of Korea digital won pilot moving to distribution phase next year
7.10.2020
The South Korean central bank is on track with its CBDC pilot program, but still insists it has no current plans to launch
South Korean Central Bank to Launch CBDC Pilot in 2021
7.10.2020
The South Korean central bank, the Bank of Korea (BOK) has announced that it is to begin a central bank digital currency (CBDC) pilot next year, in conjunction with major firms and domestic banks.
Per Seoul Shinmun and the Fourth Journal, the BOK has stated that it has completed the design...
Inside the Estonian CBDC Experiment That Could Shape the Digital Euro
7.10.2020
How the firm helping lead Estonia's central bank digital currency research is approaching a mass-market crypto coin
China Central Bank Official Reveals Results of First Digital Yuan Pilots
7.10.2020
An official for China’s central bank has unveiled usage statistics of state-backed digital currency trials that were conducted in three Chinese cities. Speaking virtually at the Sibos 2020 conference on Monday, Fan Yifei, deputy governor of the People’s Bank of China, said the bank opened 113,300...
CBDC Design Needs to Address Risk to Users, Says Bank of Canada
6.10.2020
Building an anonymous central bank digital currency (CBDC) presents security risks – not only to the issuer but to the users themselves, says the Bank of Canada
Blockchain Bites: Ethereum’s Economy, Estonia’s CBDC Research, Coinbase’s Severances
6.10.2020
Estonia will research the viability of blockchain-based digital currency, the SEC is open to the idea of a tokenized ETF and Coinbase employees have begun taking severance packages
Bank of Canada calls central bank digital currencies risky, especially storage
5.10.2020
Is risk in the eye of the beholder?
Bitcoin Handout, Mining Difficulty, Estonian CBDC Research + More News
5.10.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
Blockchain advocacy group Chamber of Digital Commerce Political Action Committee (PAC) will be contributing USD 50 worth...
ECB to consider further digital euro study in 2021
4.10.2020
The report is only the start of the discussion and raises more questions before officially studying the digital euro
Estonian central bank to conduct digital currency research
4.10.2020
They’re following other central banks, including the European Central Bank, into studying virtual currencies
European Central Bank Moves to Trademark ‘Digital Euro’
1.10.2020
Central bankers have laid a claim to the phrase "digital euro" before deciding whether to actually issue one
A Reality Check is Needed at This Stage of CBDC Development - Deutsche Bank
1.10.2020
What's needed before even discussing a wide implementation of central bank digital currencies (CBDCs) is a reality check, with several major, interconnected issues left to be solved first, stated a report by Deutsche Bank Wealth Management's Chief Investment Office (CIO).
“CBDC is likely to change...