Ukraine Crisis May Reshape Role of CBDC, Says Ex-BOJ Official

CBDC Insider: Wednesday March 16, 2022

Sanctions imposed on Russia could prod more countries like China to look at central bank digital currencies (CBDC) as a tool to counter the dollars dominance in the global financial system, former Bank of Japan executive Hiromi Yamaoka said on Wednesday. While sanctions using financial infrastructure are necessary in extreme cases like the Ukraine crisis, []

Sanctions imposed on Russia could prod more countries like China to look at central bank digital currencies (CBDC) as a tool to counter the dollar’s dominance in the global financial system, former Bank of Japan executive Hiromi Yamaoka said on Wednesday. While sanctions using financial infrastructure are necessary in extreme cases like the Ukraine crisis, […]
The post Ukraine Crisis May Reshape Role of CBDC, Says Ex-BOJ Official appeared first on The Central Bank Digital Currency Insider.

CBDC Central Bank Digital Currency Central Bank Digital Currencies

Read More on CBDC Insider

SHARE THIS STORY:

More Stories

Finextra - Payments: Monday August 04, 2025

The UK needs a Stablecoin Strategy

The United States has now decisively rejected a government-issued digital dollar. Instead, it has ch...

Digital Dollar

More

Finextra: Monday July 28, 2025

BoE Digital Pound project reversal: innovative payment solutions at commercial banks

The debate surrounding central bank digital currencies (CBDCs) has reached a new but unexpected stag...

CBDC Central Bank Digital Currencies Digital Pound

More

CoinGeek: Monday July 28, 2025

Bank of England appears to backpedal on CBDC plan

According to a Bloomberg report, the Bank of England may scrap its digital pound plans, pushing banks to lead payment innovation as CBDC benefits wane.

CBDC Digital Pound

More

The Independent - Business: Saturday July 26, 2025

Voices: Governor Bailey is wrong: We should embrace the digital pound

Digital currencies are coming, but the governor is acting like a stick in the mud. His conservatism means Britain will be late to the party with the future of this new form of money shaped by others, says James Moore

Digital Pound

More

CoinTelegraph: Wednesday July 23, 2025

Bank of England mulls canning CBDC plan: Report

The UK central bank may scrap its digital pound amid skepticism and preference for bank payment innovations, Bloomberg reports.

CBDC Digital Pound

More

PYMNTS: Tuesday July 22, 2025

Bank of England Could Mothball Digital Pound Project

The Bank of Englandis considering pausing its plans to create a digital currency. Thats according to areportTuesday (July 22) from Bloomberg News,

CBDC Central Bank Digital Currencies Digital Pound

More

More News...

Get in touch

Please contact us if you have any questions, comments or suggestions

contact@remakingmoney.com