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Central Bank of Sweden Invites Financial Market Actors for Second Phase of E-krona Pilot
30.5.2021
Sveriges Riksbank, the central bank of Sweden, will carry out the next stage of its e-krona project with the help of two organizations from the financial sector. The move signals a transition from the initial in-house testing with simulated participants to cooperation with real, external partners....
Sweden moving forward in e-krona CBDC trials
28.5.2021
Sweden will trial its CBDC with a live banking participant. The experimentation will involve participation between Riksbank and Handelsbanken, a retail bank chain based in Sweden
OKex embraces Brazil’s official fast payments system PIX, as CBDC draws nearer
28.5.2021
OKEx, Crypto.com, and LocalBitcoins have integrated Brazil’s PIX instant payments system
Big tech, not cryptocurrency, is the real threat to central banks’ autonomy, Danish central bank governor says
27.5.2021
Though Danmarks Nationalbank's governor seems tempted to ignore cryptocurrencies, other banks in the country continue to launch new services based on crypto
Lack of knowledge is main barrier to crypto adoption, new survey says
27.5.2021
55% of survey respondents said that they were aware of crypto despite never owning or using cryptocurrencies
Bank of Canada sees no strong case for a digital dollar — for now
27.5.2021
Amid the global CBDC race, the Canadian central bank does not currently see a strong case for issuing a state digital currency
South Africa Reserve Bank Commences Retail CBDC Feasibility Study
27.5.2021
The South African Reserve Bank (SARB) says it has commenced a feasibility study for a general-purpose retail central bank digital currency (CBDC). The study, which the SARB expects to conclude in 2022, will focus on the issuance of a domestic CBDC that can be used by consumers in South Africa...
Naver, Kakao, LG ‘Will Bid to Participate’ in South Korean CBDC Pilot
26.5.2021
The Bank of Korea (BOK), South Korea’s central bank, is set to pilot its prototype digital KRW beginning in August as the country increases the pace of its central bank digital currency (CBDC) adoption plans. And it looks as though three of the nation’s biggest tech giants are keen to take...
Bank of Indonesia joins central bank digital currency race
25.5.2021
After banning crypto payments back in 2017, Indonesia is looking to allow payments in a digital rupiah currency
1confirmation Raises USD 125M, Chia - USD 61M, African CBDC + More News
25.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Crypto venture fund 1confirmation said it closed its new third venture fund worth USD 125m and dubbed 1confirmation fund III....
South Africa's central bank begins preliminary study for retail CBDC
25.5.2021
The South African Reserve Bank has begun exploratory studies on central bank digital currencies
Bank of Korea Seeking Technology to Develop Digital Currency
25.5.2021
South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to develop a test environment for the project. The news comes after major commercial banks expressed skepticism over their cooperation with domestic...
US must win CBDC race to maintain dollar's global reserve currency status: Federal Reserve Governor
25.5.2021
The Federal Reserve Governor has urged the United States to be at the forefront of developing CBDC to maintain the U.S. dollar’s role as a global reserve currency
China’s Absolute Control Over Digital Yuan Will Boost Demand for Cryptocurrencies, Says Analyst
22.5.2021
China’s push for the digital yuan will boost demand for cryptocurrencies, according to an analyst at BK Asset Management, citing that the Chinese government wants “absolute power” over the wealth and income of its citizens. Digital Yuan Push Could Raise Demand for Crypto Boris...
CBDC in US Context, Bitcoin's Value Based on 'Wishful Thinking' + More News
21.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
CBDC news
Federal Reserve Chair Jerome Powell announced that the US central bank will issue a research paper on a USD central bank digital currency...
Bank of Russia to Launch Digital Ruble Prototype by End of Year
21.5.2021
The Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official has confirmed. Transfers between private individuals will be free of charge with the digital ruble, which is going to have legal tender status on...
State-backed digital currencies can disrupt financial systems: Report
18.5.2021
While CBDCs could help central banks address the decline in cash payments, some risk factors remain
UK will likely need to issue a digital currency, says BoE deputy governor
14.5.2021
The Bank of England's deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a crucial anchor for confidence in money as a social convention
Central Bank of Bahrain and JPMorgan to work on digital currency settlement pilot
13.5.2021
The Central Bank of Bahrain expects that its digital currency collaboration with JPMorgan and Bank ABC could extend to a CBDC
Hong Kong to expand pilots for cross-border use of digital yuan
13.5.2021
The first phase of tests for use of the digital yuan across borders has been successful, the Hong Kong Monetary Authority has said