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

Amazon, Nexi, Worldline, CaixaBank, EPI Join Digital Euro Project
Amazon, Nexi, Worldline, CaixaBank, EPI Join Digital Euro Project
September 16, 2022  |  CBDC

The European Central Bank (ECB) has selected five companies to be involved in a “prototyping exercise” that will be part of its two-year investigation phase...

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Instant Payments, Stablecoins Sit Atop Treasury Dept’s Innovation Agenda
Instant Payments, Stablecoins Sit Atop Treasury Dept’s Innovation Agenda
September 16, 2022  |  Cryptocurrency

After six months of work, the U.S. Treasury Department has released a trio of reports on cryptocurrency policy, and instant payments are high on the...

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EMEA Daily: Flutterwave Launches eNaira Payments for Businesses in Nigeria; Google’s Appeal of EU’s Record Fine Nets 5% Reduction
EMEA Daily: Flutterwave Launches eNaira Payments for Businesses in Nigeria; Google’s Appeal of EU’s Record...
September 14, 2022  |  emea

Today in Europe, the Middle East and Africa, Nigerian PayTech Flutterwave has launched support for the eNaira, and Google’s appeal of an EU fine results...

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Flutterwave Launches eNaira Payments for Businesses in Nigeria
Flutterwave Launches eNaira Payments for Businesses in Nigeria
September 14, 2022  |  CBDC

In what will be perceived as a victory for Nigeria’s central bank digital currency (CBDC), FinTech Flutterwave announced Wednesday (Sept. 14) that merchants using its...

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CBDC Weekly: Treasury Lends Support to US CBDC; Critics Say Digital Euro Must Do More
CBDC Weekly: Treasury Lends Support to US CBDC; Critics Say Digital Euro Must Do More
September 12, 2022  |  CBDC

Reports that the U.S. Treasury Department is going to recommend that the government build out a central bank digital currency (CBDC) before deciding if it...

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Partisan Fight over Digital Dollar Looms Larger
Partisan Fight over Digital Dollar Looms Larger
September 09, 2022  |  Cryptocurrency

Reports that the Treasury Department is behind building a digital dollar before deciding whether to launch it will set off a partisan battle in Washington...

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Bank Battle Looms if Treasury Throws Weight Behind Digital Dollar
Bank Battle Looms if Treasury Throws Weight Behind Digital Dollar
September 09, 2022  |  CBDC

A report that the Treasury Department is going to recommend the creation of a digital dollar right up to the point of deciding whether one...

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‘National Interest’ Said to Drive US Treasury Support of Digital Dollar
‘National Interest’ Said to Drive US Treasury Support of Digital Dollar
September 08, 2022  |  CBDC

The U.S. Treasury Department plans to advise the federal government to issue a digital dollar, though it will only officially sign off if there’s a...

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Fed’s Powell on Stablecoins: Money Isn’t ‘Just Another Consumer Product’
Fed’s Powell on Stablecoins: Money Isn’t ‘Just Another Consumer Product’
September 08, 2022  |  Cryptocurrency

Most eyes were on Jerome Powell‘s comments about the Federal Reserve‘s battle with inflation, but the United States central bank’s chairman had time to call...

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