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

TechReg Weekly EMEA: Apple, Google, Meta Offer Commitments to End EU Probes
TechReg Weekly EMEA: Apple, Google, Meta Offer Commitments to End EU Probes
June 17, 2022  |  Technology

This week, Big Tech firms seem to have coordinated to offer remedies to EU regulators to end different antitrust probes as Amazon, Meta and Google...

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Today in Crypto: LatAm Exchange Bitso Processed $1B in US-Mexican Remittances YTD; Crypto Hedge Fund Three Arrows Capital Misses Lender Margin Calls
Today in Crypto: LatAm Exchange Bitso Processed $1B in US-Mexican Remittances YTD; Crypto Hedge Fund...
June 16, 2022  |  Cryptocurrency

Inverse Finance, the ethereum-based DeFi tool, has seen an exploitation for over $1.2 million in cryptocurrency as of Thursday (June 16), CoinDesk writes, citing on-chain...

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UBS CEO: Digital Euro Could Be ‘Fast and Cheaper’
UBS CEO: Digital Euro Could Be ‘Fast and Cheaper’
June 14, 2022  |  CBDC

UBS Chief Executive Ralph Hamers told an audience at a student educational forum in Milan Tuesday (June 14) that transaction in digital euro could be...

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CBDC Weekly: Government-Issued Digital Currencies Have a Big PR Problem
CBDC Weekly: Government-Issued Digital Currencies Have a Big PR Problem
June 13, 2022  |  CBDC

The European Union is closing its public consultation period Tuesday (June 14) regarding its intention to launch a digital euro, with the central bank digital...

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EU Faces Citizens’ Opposition in Race for Digital Euro
EU Faces Citizens’ Opposition in Race for Digital Euro
June 13, 2022  |  CBDC

The European Commission will close a public consultation on the digital euro on Tuesday (June 14), after feedback from EU citizens indicated that a central...

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Central Bankers in Kenya, Nigeria Criticize Crypto, Tout CBDCs
Central Bankers in Kenya, Nigeria Criticize Crypto, Tout CBDCs
June 12, 2022  |  Cryptocurrency

Kenyan and Nigerian central bankers have said central bank digital currencies (CBDCs) could solve the risks cryptocurrencies have for financial stability, Reuters wrote Saturday (June...

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Industry Watchers Predict Crypto Battle for Survival Ahead
Industry Watchers Predict Crypto Battle for Survival Ahead
June 09, 2022  |  Cryptocurrency

A shakeout is coming to the roughly 19,000 cryptocurrencies battling for a piece of the blockchain pie, according to industry insiders like Ripple CEO Brad...

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Recent Events Set B2B’s Crypto Course for Stablecoins and CBDCs 
Recent Events Set B2B’s Crypto Course for Stablecoins and CBDCs 
June 07, 2022  |  Cryptocurrency

Bit by bit, stablecoins may crowd out other cryptos — and here we mean the digital offerings not backed by fiat or other holdings —...

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The Clearing House: Digital Dollar Is a Solution in Search of a Problem
The Clearing House: Digital Dollar Is a Solution in Search of a Problem
June 07, 2022  |  CBDC

The banking industry had its say about the Federal Reserve’s ongoing investigation of a digital dollar last week, and it’s fair to say that it...

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