Kiffmeister’s #Fintech Daily Digest (20220618)

Philippines, Vietnam conducting CBDC feasibility studies with Soramitsu

“Japanese blockchain firm Soramitsu has reportedly landed feasibility studies for central bank digital currency (CBDC) with both Vietnam and the Philippines. Soramitsu is establishing a considerable footprint in Southeast Asia following its successful implementation of Cambodia’s Bakong project in 2020. Last year it also started working with Laos’ central bank on a CBDC research project.” [Read more]

Bitcoin fell below $19,000

Yesterday crypto traders were talking about how critical Bitcoin’s $19,511 high during its last bull cycle in 2017 as the level at which many hodlers will capitulate and wind-down leverage, and now it’s bouncing around $19,000. In that regard, I’ve collected below some of the best (IMHO) explainers for the current debacle:

Please feel free to leave other links in the comments!

Upcoming events I’m affiliated with:

The second session of the CBDC Think Tank CBDC Papers Lecture Series will be held on June 24 starting at 7am EST and run for 4 hours. [View list of papers and register here]

The CBDC Think Tank, in partnership with the International Monetary Fund and George Washington University, is hosting a full-day in-person CBDC Masterclass on October 12 in Washington DC. The sessions are designed as instructional deep dives with full presentations and Q&A components.  [Register here]