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

How the Digital Euro Can Help Address Disintermediation, Sovereignty Issues
How the Digital Euro Can Help Address Disintermediation, Sovereignty Issues
August 11, 2022  |  CBDC

In a recent European Central Bank (ECB) working paper, central bank digital currencies (CBDCs) were discussed as being a potential “holy grail” for cross-border payments....

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PYMNTS Cryptocurrency Glossary: The Basics
PYMNTS Cryptocurrency Glossary: The Basics
August 08, 2022  |  Cryptocurrency

Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and in...

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CBDC Weekly: ECB Sees a ‘Holy Grail’; Thailand, Nepal Push Ahead; Israel Worries
CBDC Weekly: ECB Sees a ‘Holy Grail’; Thailand, Nepal Push Ahead; Israel Worries
August 08, 2022  |  CBDC

A digital euro could be the “Holy Grail” of cross-border payments, according to a recent report by the European Central Bank. A European central bank...

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Nepal Cautiously Explores CBDC
Nepal Cautiously Explores CBDC
August 08, 2022  |  CBDC

Step by step, Nepal is looking into issuing its own central bank digital currency (CBDC), a report from Beincrypto said Monday (Aug. 8), quoting a...

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Thailand Moves CBDC Study to Pilot Stage Without Plans for Issuance 
Thailand Moves CBDC Study to Pilot Stage Without Plans for Issuance 
August 05, 2022  |  Cryptocurrency

The Bank Of Thailand (BOK) is moving its retail central bank digital currency (CBDC) study to the pilot phase but said it has no plans...

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ECB Cautions Against Quixotic Quests on Path to CBDC ‘Holy Grail’
ECB Cautions Against Quixotic Quests on Path to CBDC ‘Holy Grail’
August 03, 2022  |  CBDC

Holy Grail? Maybe. But: For cross-border payments, there may be a few paths to that Grail. The recent paper put forth by the European Central...

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CBDC Weekly: Public Leery of Digital Dollar, IMF Urges Protection for Kenya’s M-Pesa, Indonesia Eyes Wholesale Applications
CBDC Weekly: Public Leery of Digital Dollar, IMF Urges Protection for Kenya’s M-Pesa, Indonesia Eyes...
August 01, 2022  |  CBDC

The public comments on a U.S. central bank digital currency (CBDC) are running overwhelmingly against a digital dollar, according to a libertarian think tank analyst....

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PYMNTS Intelligence: Evaluating the ROI of Blockchain Technology
PYMNTS Intelligence: Evaluating the ROI of Blockchain Technology
August 01, 2022  |  Blockchain

As businesses and financial institutions (FIs) look for the best returns on their payments infrastructure investments, blockchain technology has become an increasingly diverse and promising...

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Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs
Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs
July 26, 2022  |  CBDC

Conventional wisdom holds that, as digital currencies continue to evolve and as bitcoin and its brethren joust with the traditional banking system, central banks would...

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