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

Today in Crypto: China Arrests 93 in $5.6B Crypto Money Laundering Case; Apple Removes Crypto Trading App From Store After Scam Allegations
Today in Crypto: China Arrests 93 in $5.6B Crypto Money Laundering Case; Apple Removes Crypto...
September 26, 2022  |  Cryptocurrency

Australia is set to complete its CBDC project in the middle of 2023, a new presentation said. The project, which started in July this year,...

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A Year After Launch, Local Platforms Seem Ready to Embrace eNaira
A Year After Launch, Local Platforms Seem Ready to Embrace eNaira
September 26, 2022  |  CBDC

Nearly a year after its launch in October 2021, Nigeria’s central bank digital currency (CBDC), the eNaira, is beginning to gain traction in the country....

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US Not Hurried on Digital Dollar as ECB Targets Tech Infrastructure
US Not Hurried on Digital Dollar as ECB Targets Tech Infrastructure
September 26, 2022  |  CBDC

Negotiations on a stablecoin regulatory bill last week indicated that the congressional sense of urgency on a U.S. central bank digital currency (CBDC) isn’t very...

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3 Reasons a Digital Dollar Is Still a Long Way Off
3 Reasons a Digital Dollar Is Still a Long Way Off
September 26, 2022  |  CBDC

It probably isn’t a coincidence that Bank of America’s cryptocurrency team stomped on the brakes regarding its prediction of a digital dollar as soon as...

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Bank of America Says Digital Dollar Complexity Delays Timeline
Bank of America Says Digital Dollar Complexity Delays Timeline
September 23, 2022  |  CBDC

Bank of America strategists are revising an earlier prediction that the U.S. would issue a digital dollar by the end of the decade. According to...

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CBDC Weekly: Treasury Weighs In; ECB Payments Testers
CBDC Weekly: Treasury Weighs In; ECB Payments Testers
September 19, 2022  |  CBDC

While the Treasury Department report on “The Future of Money and Payments” was as carefully neutral as ever about the need for and desirability of...

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Clickatell Partners With Central Bank to Bring Nigerians eNaira Banking
Clickatell Partners With Central Bank to Bring Nigerians eNaira Banking
September 19, 2022  |  Financial Inclusion

Unbanked Nigerians and those using a feature phone in the country will soon have access to eNaira banking services through an Unstructured Supplementary Service Data...

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Treasury Lends Tacit Support to Digital Dollar
Treasury Lends Tacit Support to Digital Dollar
September 16, 2022  |  CBDC

One striking aspect of the Treasury Department’s Friday (Sept. 16) report, “The Future of Money and Payments” is how little space it dedicated to address...

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EMEA Daily: 5 Companies Join ECB’s Digital Euro Project
EMEA Daily: 5 Companies Join ECB’s Digital Euro Project
September 16, 2022  |  International

Today in Europe, the Middle East and Africa (EMEA) news, the European Central Bank (ECB) announces five industry partners that will be involved in a...

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