CBDC

The phrase "central bank digital currency" (CBDC) has been used to refer to various proposals involving digital currency issued by a central bank. The present concept of CBDCs was directly inspired by Bitcoin, but a CBDC is different from virtual currency and cryptocurrency, which are not issued by a state and lack the legal tender status declared by the government.

Source: en.wikipedia.org

China, Thailand, UAE, BIS Test Cross-Border CBDC Payments
China, Thailand, UAE, BIS Test Cross-Border CBDC Payments
September 29, 2022  |  CBDC

The Bank for International Settlements (BIS) says it has carried out the first pilot of a central bank digital currency (CBDC) involving “four jurisdictions and...

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EMEA Daily: Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments
EMEA Daily: Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments
September 28, 2022  |  emea

Today in Europe, the Middle East and Africa (EMEA), central banks in Sweden, Norway and Israel have teamed up to test central bank digital currency...

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Could an Internationalized Digital Euro Threaten the Dollar?
Could an Internationalized Digital Euro Threaten the Dollar?
September 28, 2022  |  CBDC

A digital euro isn’t going to replace the United States dollar as the world’s reserve currency and leading international payments currency anytime soon. But it...

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Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments
Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments
September 28, 2022  |  CBDC

The central banks of Sweden and Israel announced Wednesday (Sept. 28) that they will start exploring how central bank digital currencies (CBDCs) can be used...

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ECB Advisor Defends Amazon’s Role in Digital Euro Project
ECB Advisor Defends Amazon’s Role in Digital Euro Project
September 28, 2022  |  CBDC

An advisor to the European Central Bank (ECB) is defending the decision to make Amazon one of the five companies to test a digital euro....

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Today in Crypto: California Targets 11 Firms for Alleged Securities Violations; FTX.US President Brett Harrison Steps Down to Advisory Role
Today in Crypto: California Targets 11 Firms for Alleged Securities Violations; FTX.US President Brett Harrison...
September 27, 2022  |  Cryptocurrency

In a speech at a conference on finance tokenization, François Villeroy de Galhau, governor of the Banque de France, said the bank is working on...

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Fed’s Powell: Crypto Regulation Needed Before DeFi Melds With Banking
Fed’s Powell: Crypto Regulation Needed Before DeFi Melds With Banking
September 27, 2022  |  Regulation

Federal Reserve Chair Jerome Powell thinks the crypto industry could cause broader financial turmoil in the future than it has so far, so there’s a...

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EMEA Daily: Mollie Launches Capital Division to Help SMBs Tap Funding
EMEA Daily: Mollie Launches Capital Division to Help SMBs Tap Funding
September 27, 2022  |  emea

Today in Europe, the Middle East and Africa, the Dutch FinTech Mollie has launched Mollie Capital, which will offer loans  of up to 250,000 euros...

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ECB’s Panetta: Wholesale CBDC Infrastructure Should Evolve to Meet Needs
ECB’s Panetta: Wholesale CBDC Infrastructure Should Evolve to Meet Needs
September 26, 2022  |  CBDC

Fabio Panetta, Member of the Executive Board of the European Central Bank (ECB), has a speech in which he touts the opportunity for central bank...

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