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

Crypto Is ‘Worth Nothing,’ Lagarde Declares, and Should Be Regulated
Crypto Is ‘Worth Nothing,’ Lagarde Declares, and Should Be Regulated
May 22, 2022  |  Cryptocurrency

European Central Bank President Christine Lagarde came down on the side of regulating digital currencies, saying crypto is “based on nothing,” Bloomberg reported Friday (May...

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Today in TechREG: ECB’s Official Praises Euro CBDC Over Stablecoins; New EU Credit Consumer Rules May Come by Summer 
Today in TechREG: ECB’s Official Praises Euro CBDC Over Stablecoins; New EU Credit Consumer Rules...
May 16, 2022  |  Technology

Today in TechREG, two top officials of central banks have criticized crypto assets and the disruption these could bring to the international financial system if...

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ECB’s Panetta: Digital Euro Could Launch Within Four Years
ECB’s Panetta: Digital Euro Could Launch Within Four Years
May 16, 2022  |  CBDC

Fabio Panetta, a member of the European Central Bank’s (ECB) executive board, said Monday (May 16) that a digital euro could become a reality within...

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Today in Crypto: Crypto Assets Lose $800B in Market Value Over Month; UK Promises New Laws to Promote, Seize Crypto
Today in Crypto: Crypto Assets Lose $800B in Market Value Over Month; UK Promises New...
May 10, 2022  |  Cryptocurrency

Crypto assets have lost almost $800 billion in market value in the past month, a report said. The crypto assets have touched a new low...

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Nigerians Can Pay Bills With CBDC eNaira
Nigerians Can Pay Bills With CBDC eNaira
May 10, 2022  |  CBDC

The Central Bank of Nigeria (CBN) became the latest governmental body to allow bill payments using digital currency when it approved the use of the...

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TerraUSD’s Price Collapse Shows Vulnerability of Dollar-Pegged Cryptos
TerraUSD’s Price Collapse Shows Vulnerability of Dollar-Pegged Cryptos
May 10, 2022  |  Digital Payments

TerraUSD, one of the largest stablecoins in crypto, may have escaped a classic bank-run-style death spiral Monday night (May 9) thanks to a massive cash...

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Today in Crypto: Tanzania Eyes Creating Own CBDC; El Salvador Buys 500 More Bitcoin
Today in Crypto: Tanzania Eyes Creating Own CBDC; El Salvador Buys 500 More Bitcoin
May 09, 2022  |  Cryptocurrency

Tanzania is coming closer debuting a central bank digital currency (CBDC), which it hopes will compete with crypto’s popularity in that country, a report from...

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What if They Built a Digital Dollar and No One Used It?
What if They Built a Digital Dollar and No One Used It?
May 09, 2022  |  CBDC

There have been countless discussions, and more than a few arguments, for and against the need for a U.S. central bank digital currency (CBDC). What’s...

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CBDC Weekly: BIS Says 90% Central Banks Exploring Digital Currency; Call to Slow Down Digital Rupee; Philippines Plans Q4 Pilot of Wholesale CBDC
CBDC Weekly: BIS Says 90% Central Banks Exploring Digital Currency; Call to Slow Down Digital...
May 09, 2022  |  CBDC

Nine out of 10 central banks surveyed by the Bank for International Settlements (BIS) said that they are at least exploring a central bank digital...

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