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

Israel Central Bank Says DeFi Smart Contracts May Need Oversight

Israel Central Bank Says DeFi Smart Contracts May Need Oversight
Israel Central Bank Says DeFi Smart Contracts May Need Oversight
June 20, 2022  |  Blockchain

A report Monday (June 20) from Israel’s central bank suggested that decentralized finance (DeFi) smart contracts may require oversight to prevent “malicious” acts, Bloomberg wrote....

READ MORE >
Fed Chair: CBDC Could Preserve Dollar’s Standing
Fed Chair: CBDC Could Preserve Dollar’s Standing
June 17, 2022  |  CBDC

A central bank digital currency (CBDC) would help boost the long-term strength of the U.S. dollar, the chair of the Federal Reserve said Friday (June...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >