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CBDCs
Singapore’s Central Bank, IMF Launch Global Challenge for CBDC Solutions
The Monetary Authority of Singapore’s “Global CBDC Challenge” will be supported by Amazon Web Services, Mastercard, Hyperledger and others.
Swiss National Bank Has No Plans for a Digital Currency: Report
The Swiss National Bank tested the feasibility of CBDCs in 2020.
Palestine’s Central Bank Reportedly Mulling a CBDC Launch
Palestinians do not have an independent currency, and rely on the Israeli shekel and Jordanian dinar.
BIS Says Bitcoin Has Few Redeeming Attributes
Cryptocurrencies are "speculative assets rather than money" used in many cases to facilitate financial crime, the central bank organization said.
Cash for CBDCs at Beijing ATMs; Asia Sees New Unicorn in Amber Group
More than 3000 ATMs from ICBC, AgBank in China to offer CBDC-to-cash swap. ‘Crypto king’ nabbed in India as government re-evaluates regulatory bill. HK-based Amber Group becomes Asia’s latest unicorn after raising funds. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Bank of Israel Has Already Tested a Digital Shekel
The official said he is not optimistic about an Israeli CBDC being launched.
Banque de France Extends Wholesale CBDC Experiment
The French central bank used a CBDC to simulate the settlement of securities trading.
European Central Bank Can Better Protect Digital Payment Privacy, Exec Board Member Says
Privacy in the digital euro is a focal point for Europeans as are concerns of security and interoperability.
Bank of England: Any UK CBDC Will Be 'Tens of Thousands' Times More Efficient Than Bitcoin
The fintech lead at U.K.’s central bank urged eco-conscious citizens not to “throw the blockchain baby out with the bitcoin bathwater.”
Survival Race of South Korean Exchanges; Ethereum Powers Digital Passports in HK
50 of 60 crypto exchanges in South Korea race to apply for Information Security Management System (ISMS), the first step to an official VASP license. ASEAN Financial Innovation Network (AFIN) and R3 to launch CBDC sandbox. Hong Kong meets Ethereum-powered COVID-19 digital passports. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
