Kiffmeister’s #Fintech Daily Digest (09/25/2021)

Central Bank of Chile Sets Up Team to Study CBDC Issuance

The Central Bank of Chile is exploring the issuance of central bank digital currency (CBDC). The bank will form a team to analyze the objectives, requirements and regulations for the development of a CBDC. The group aims to deliver a white paper in the first quarter of 2022, presenting a framework for action and strategic objectives, lines of action and expected results. 

Crypto has recovered from China’s FUD over a dozen times in the last 12 years

The price of Bitcoin fell 5% yesterday following “breaking” (read: weeks old) news that the People’s Bank of China (PBOC) had declared all cryptocurrency transactions illegal. With that in mind, Cointelegraph took a nostalgic look at the last 12 years of FUD out of China. Altogether, since 2009, China has “banned” or otherwise caused FUD in the crypto space on more than 19 separate occasions. 

To get these updates sent to your inbox, please sign up here. Also, for those interested in intra-day updates and news that didn’t make the Daily Digest cut, please check out my Diigo fintech bookmarks: https://www.diigo.com/user/kiffmeister/Fintech.

September 28-30 CordaCon Conference

At the September 28-30 CordaCon2021, I’ll be providing an overview of recent retail #CBDC developments. You can register for the event here: https://www.cordacon.com

October 4-6 CBDC Conference

On October 4 I’ll be providing an overview of international work on retail CBDC and evolving thinking on motivations, system design and safeguards at The CBDC Conference. You can register for this and the full three-day (October 4-6) event here: https://www.cbdc-conference.com/index.php