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

ECB’s Lagarde Says Embrace Digital Euro, Ditch Cryptocurrencies

ECB’s Lagarde Says Embrace Digital Euro, Ditch Cryptocurrencies
ECB’s Lagarde Says Embrace Digital Euro, Ditch Cryptocurrencies
July 15, 2022  |  CBDC

The European Central Bank (ECB), like the Federal Reserve, the Bank of England and other central banks, is working on different projects to develop a...

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Weekly TechREG EMEA: Global Regulators Call for Interoperable Stablecoins, CDBCs; EU, UK Lawmakers Take on Credit Card Debt, X-Border Fees
Weekly TechREG EMEA: Global Regulators Call for Interoperable Stablecoins, CDBCs; EU, UK Lawmakers Take on...
July 15, 2022  |  Regulation

This week in TechREG in Europe, the Middle East and Africa (EMEA), global regulators and several central banks discussed the need for regulating the cryptocurrency...

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Digital Dollar May Prevent Runs, but Banks Fear Lost Profits
Digital Dollar May Prevent Runs, but Banks Fear Lost Profits
July 13, 2022  |  CBDC

A new Treasury Department report argues that banks’ fears that a digital dollar would lead to the loss of depositors and even bank runs is...

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The Token Economy: The Promise of Faster, Cheaper Cross-Border Payments
The Token Economy: The Promise of Faster, Cheaper Cross-Border Payments
July 12, 2022  |  Cryptocurrency

When boosters of cryptocurrency talk about the ways it can turn traditional finance into obsolete finance, cross-border payments are inevitably the first thing they mention....

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Banque de France Enters Second Phase of Wholesale CBDC Project
Banque de France Enters Second Phase of Wholesale CBDC Project
July 12, 2022  |  CBDC

Banque de France (BDF) Governor François Villeroy de Galhau said the BDF has kicked off the second phase of experimentation into a wholesale central bank...

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Like Its Predecessor, the Digital Euro Will Require Security, Mobility
Like Its Predecessor, the Digital Euro Will Require Security, Mobility
July 11, 2022  |  emea

Since the first euros went into circulation over twenty years ago, few global developments have come close to the game-changing effect the single currency has...

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Meta Closes Novi Wallet, Which Launched Stablecoins, CBDCs
Meta Closes Novi Wallet, Which Launched Stablecoins, CBDCs
July 05, 2022  |  Meta

In a coda to its stablecoin payments ambitions, Meta announced on July 1 that the Novi digital wallet project is at an end. Get the...

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Why EU Regulators, Policymakers Are Betting on a Retail CBDC
Why EU Regulators, Policymakers Are Betting on a Retail CBDC
July 04, 2022  |  CBDC

Most of the central banks in western countries have formally adopted a neutral position when it comes to the decision of whether to issue a...

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Singapore’s Chief FinTech Officer Questions Value of Private Crypto
Singapore’s Chief FinTech Officer Questions Value of Private Crypto
June 23, 2022  |  Cryptocurrency

The chief FinTech officer at the Monetary Authority of Singapore (MAS) is questioning the value of private cryptocurrencies as regulators step up the development of...

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