Japan steps up interest in CBDC, includes it in official economic plan
Japan’s interest in a digital yen went up a notch after the government included it in its official economic plan. Japan has also been doing extensive research.
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Japan central bank explores offline CBDC payments
The Bank of Japan has been exploring the technical feasibility of a CBDC and in its latest paper; it dives into offline usage for those without smartphones.
Lithuania to launch a CBDC, but there’s a catch
Lithuania has revealed it will launch its CBDC in the coming week. However, the digital currency is a bit different and will not target retail payments.
Bank of Canada reveals CBDC plans with new job posting
The Bank of Canada has put up a job posting for a project manager for its CBDC project. The posting revealed more details about the regulator’s CBDC plans.
Ghana to begin testing central bank digital currency
Ghana has been working on a digital currency for months now, and as the deputy governor of its central bank revealed, it’s scheduled to begin testing it soon.
Cash is no longer king, asserts Dutch central bank
Central bank digital currencies could be a viable and positive alternative to fiat that could restore trust in the monetary system.
Third largest Chinese bank launches CBDC test app for select users
Agricultural Bank of China has launched a test app for the PBoC’s digital currency, giving the first real insight into how people will interact with the CBDC.
Bank of England asserts private digital currencies are viable as CBDCs
Should central banks ultimately introduce digital currencies, they could be launched with the help of private companies.
Central bank digital currencies could progress thanks to COVID-19
The Bank of International Settlements anticipates a rise in interest for digital currencies because of the coronavirus.
France invites applications for CBDC experiments
The French central bank has put out a call for applications to experiment with a central bank digital currency. However, it may not end up issuing a CBDC.
This week in tech: Blockchain makes foray into fighting the Coronavirus
The Coronavirus continues to destroy and blockchain could help China in its response, enabling transparency in distribution of funds and better data management.
Bahamas must get into the digital currency race: Former Caribbean AG
A former AG with the Caribbean island of Anguilla has urged Bahamas to step up its efforts in implementing a digital currency or risk losing to its neighbors.