Chain Bulletin: Monday January 24, 2022
The Bank of Korea is already carrying out the second phase of the CBDC pilot, which will focus on real-world functionalities, expected to end in June.
Korea's central bank concluded that the CBDC "works normally" under test conditions, but more experiments were needed to confirm its viability in the real world.The second phase will focus on cross-border remittance and retail and offline payments, and is expected to finish by June 2022.
CBDC
Asia Times: Friday May 20, 2022
Currency traders betting on a rising dollar and sliding yuan may be missing a significant shift in the trajectories of the worlds two biggest economies...
e Yuan
Forkast: Friday May 20, 2022
Chongqing recorded 288 million yuan (US$43 million) in total digital yuan trading volume across 1.576 million transactions as of May 15, Peoples Bank of China said.
Digital Yuan
FT - News: Friday May 20, 2022
CBDC
CoinTelegraph: Thursday May 19, 2022
Michael Barr, the prospective Fed vice chair for supervision, said innovative technologies including crypto had some potential for upside in terms of economic benefit but also some significant risks, citing the need for a regulatory framework on stablecoins to prevent the risk of runs.
Central Bank Digital Currency
CoinTelegraph: Thursday May 19, 2022
SWIFT, the messaging service commonly used in international money transfers between banks, is getting ready for the age of central bank digital currencies...
CBDC
Coingape: Thursday May 19, 2022
Even as central banks of various economies explore CBDCs, SWIFT is advancing cross-border payments involving digital currencies. While most of the central bank digital currency (CBDCs) focus on achieving digitalization of fiat currencies, SWIFTs latest move aims at cross-border payments.
CBDC Central Bank Digital Currency