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

Fed’s Waller Says Crypto Regs Protect ‘Society’
Fed’s Waller Says Crypto Regs Protect ‘Society’
June 05, 2022  |  Cryptocurrency

Federal Reserve Governor Christopher Waller has said greater crypto asset regulation would help everyone, rather than just keeping rich people from losing money, Reuters wrote...

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Privacy Coins: Blow for Freedom — or Boon for Crime?
Privacy Coins: Blow for Freedom — or Boon for Crime?
June 02, 2022  |  Cryptocurrency

In the controversial world of cryptocurrency, there’s very little more controversial than privacy coins, a subtype of digital assets designed specifically to be impossible to...

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Today in Crypto: DOJ Charges Ex-OpenSea Employee in NFT Insider Trading Scheme; SEC Targets Crypto Investing With Ads
Today in Crypto: DOJ Charges Ex-OpenSea Employee in NFT Insider Trading Scheme; SEC Targets Crypto...
June 01, 2022  |  Cryptocurrency

A former product manager at OpenSea has been charged with wire fraud and money laundering through a scheme to commit insider trading with NFTs, a...

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Crypto Regulation Weekly: Global Stablecoin Crackdown?; CFTC, SEC Battle for Control; New Jitters in India
Crypto Regulation Weekly: Global Stablecoin Crackdown?; CFTC, SEC Battle for Control; New Jitters in India
June 01, 2022  |  Cryptocurrency

The collapse of the TerraUSD stablecoin has already started to reverberate throughout the regulatory world, with any agency or organization that has oversight over digital...

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Do Crypto VCs Fuel a Land Rush Mentality that Crushes Investors?
Do Crypto VCs Fuel a Land Rush Mentality that Crushes Investors?
June 01, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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CBDC Weekly: Fed Promises Digital Dollar Won’t Cut Out Banks; PayPal Would Support CBDC
CBDC Weekly: Fed Promises Digital Dollar Won’t Cut Out Banks; PayPal Would Support CBDC
May 31, 2022  |  CBDC

Fed: Digital dollar won’t cut out banks Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Fed’s Vice Chair Tells Banks: Digital Dollar Won’t Cut You Out
Fed’s Vice Chair Tells Banks: Digital Dollar Won’t Cut You Out
May 27, 2022  |  CBDC

A federally issued digital dollar will not cut banks out of the banking system. Get the Full Story Complete the form to unlock this article...

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TechREG Weekly US: Approach to Crypto by Lawmakers and Regulators Differ; CFPB Increases Pressure on Big Tech and Credit Card Firms 
TechREG Weekly US: Approach to Crypto by Lawmakers and Regulators Differ; CFPB Increases Pressure on...
May 27, 2022  |  Regulation

This week, U.S. policymakers and regulators made their cases on crypto assets and central bank digital currencies (CBDCs). While regulators tend to be very skeptical...

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GOP Bill Would Ban App Stores From Supporting Apps That Accept Digital Yuan
GOP Bill Would Ban App Stores From Supporting Apps That Accept Digital Yuan
May 26, 2022  |  CBDC

Republican U.S. lawmakers want to ban app stores from hosting apps that let payments be made with the Chinese digital currency, Reuters reported Thursday (May...

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