Latest News Of Central Bank Digital Currency Tag

Bank of Japan considers central bank digital currency

Business 20 February 2019

Bank of Japan considers central bank digital currency

While Bank of Japan has no plans for a CBDC at this time, the bank’s new report points out the additional functions crypto offers beyond traditional payments, as well as the wider implications of more efficient, direct blockchain transactions.

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Central bank digital currency could harm South Korea’s financial system​

Business 8 February 2019

Central bank digital currency could harm South Korea’s financial system​

A report by the Bank of Korea pointed out that introducing a CBDC would lead to a decline in commercial banks’ demand deposits, causing a cash shortfall.

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Bank of Thailand uses R3 Corda platform for ‘milestone’ project

Business 23 August 2018

Bank of Thailand uses R3 Corda platform for ‘milestone’ project

The Bank of Thailand (BoT) wants to create a wholesale Central Bank Digital Currency (CBDC) in the country.

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