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Central Bank Digital Currency

China’s 2nd largest bank briefly launches CBDC wallet—then disables it
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2 September, 2020

China’s 2nd largest bank briefly launches CBDC wallet—then disables it

The China Construction Bank briefly rolled out the feature over the weekend, allowing users of its mobile app to access...
Bahamas central bank adds new digital currency to balance sheet
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27 August, 2020

Bahamas central bank adds new digital currency to balance sheet

There was $48,000 worth of its central bank digital currency, the Sand Dollar, in circulation, according to the Bahamas central...
China digital yuan catering to small retail transactions
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27 August, 2020

China digital yuan catering to small retail transactions

The digital currency electronic payment has been on a test run, targeting small retail transactions amid preparations for nationwide rollout.
Brazil central bank forms CBDC study group
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27 August, 2020

Brazil central bank forms CBDC study group

The group will investigate the implications of a central bank digital currency (CBDC) on the country’s economy, among other things.
Federal Reserve experimenting with distributed ledger for digital dollar plans
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19 August, 2020

Federal Reserve experimenting with distributed ledger for digital dollar plans

The central bank has been studying and testing DLT for years now and is currently working on a hypothetical digital...
Bank of Japan top economist to lead digital yen initiative
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5 August, 2020

Bank of Japan top economist to lead digital yen initiative

Kazushige Kamiyama has been appointed to head Bank of Japan’s payments and settlement department.
Bank of England develops infrastructure for digital pound
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4 August, 2020

Bank of England develops infrastructure for digital pound

The facility to support CBDCs is being developed as a “bolt-on” should the bank decide to roll out a digital...
Cambodia awaits digital currency rollout
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2 August, 2020

Cambodia awaits digital currency rollout

Bakong is in testing since July and is expected to be up and running by the end of the quarter,...
Philippines tasks group to explore central bank digital currency
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1 August, 2020

Philippines tasks group to explore central bank digital currency

The Philippine central bank has assembled a committee to research the feasibility of central bank digital currency as well as...
Digital yen ‘now top priority’ for Bank of Japan
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31 July, 2020

Digital yen ‘now top priority’ for Bank of Japan

Bank of Japan has been experimenting with a central bank digital currency, although it is yet to officially develop a...
David Washburn at The Banker: Stable, secure platform is ‘key’ to real business adoption
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23 July, 2020

David Washburn at The Banker: Stable, secure platform is ‘key’ to real business adoption

The nChain CEO was the latest guest on The Banker’s Tech Talk series, where he discussed a range of blockchain-related...
Bank of Jamaica wants to test digital currency with private partners
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23 July, 2020

Bank of Jamaica wants to test digital currency with private partners

The central bank asked companies to come up with technological solutions for the CBDC, to be submitted by August 7...