Riksbank extends e-krona testing
Sweden's central bank has extended its e-krona pilot project by another year but says it has still not decided whether it will eventually issue the digital currency.
Should central banks issue digital currency?
Though central banks do not seem concerned about being driven obsolete by cryptocurrencies, some are considering issuing digital currencies with similar technology. Stephen Cecchetti discusses three policy implications this might have, namely for restricting illegal use of cash, allowing for negative interest rates, and improving financial access. All three are possible, but come with risk.
CBDC Testing begins
U.S. lawmakers, including Tom Emmer and Patrick McHenry, wrote a joint letter to the Federal Reserve Bank of Boston regarding allegations that private firms involved in the design of the “hypothetical U.S. Central Bank Digital Currency (CBDC)” were gaining an unfair advantage. The Dec. 1 letter claimed some of the private firms involved in the project might be using the partnership to research, develop and scale CBDC products that would later be sold to commercial banks.
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ECCB LAUNCHES DIGITAL CURRENCY
FMC21: E-Krona Case study. How to pilot a Central Bank Digital Currency? [EN]
Fintech Moldova Conference 2021: E-Krona Case study. How to pilot a Central Bank Digital Currency?
Presentation in English by David Lööv, Economist, E-Krona Pilot Division, The Riksbank (Bank of Sweden)
Fintech Moldova Conference 2021 is powered by maib and Mastercard.
Supported by USAID and the Government of Sweden under the Tekwill project.
Implemented by Fintech Moldova and Startup Moldova.
Silver partners: Iute Credit Moldova, SIBS Romania, and FintechOS.
Recurring partners: The European Fund for Southeast Europe and DAAC System Integrator.
Bronze partners: Fagura and Salt Edge.
Supporting Partners: TietoEVRY, Moldmediacard, Adastra Business Consulting, Gambit Digital, and QOOBISS.
Fintech Moldova Conference 2021 took place on October 29, 2021