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

Bank of England: Digital Currency Won’t Supplant Cash in UK
Bank of England: Digital Currency Won’t Supplant Cash in UK
October 27, 2024  |  CBDC

If the U.K. adopts a digital currency, citizens shouldn’t expect cash and coins to disappear. Get the Full Story Complete the form to unlock this...

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Swift Tokenized Transaction Tests Aim to Bridge ‘Digital Islands’
Swift Tokenized Transaction Tests Aim to Bridge ‘Digital Islands’
October 03, 2024  |  Digital Payments

Swift wants to let banks test tokenized transactions on its global messaging network. Get the Full Story Complete the form to unlock this article and...

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Stablecoins, Tokenization and Caroline Ellison Headline This Week in Web3
Stablecoins, Tokenization and Caroline Ellison Headline This Week in Web3
September 25, 2024  |  Blockchain

Cryptocurrency’s wild ride isn’t over yet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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This Week in Web3: Blockchain Succeeds Where Crypto Can’t
This Week in Web3: Blockchain Succeeds Where Crypto Can’t
September 18, 2024  |  Blockchain

People and businesses tend to think of crypto in one of two ways. The first is that crypto and blockchain more broadly are transforming technologies...

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Australia Finds No ‘Clear Public Interest’ for Retail CBDC
Australia Finds No ‘Clear Public Interest’ for Retail CBDC
September 18, 2024  |  CBDC

If Australia creates a digital currency, it will likely be the wholesale, not retail, variety. Get the Full Story Complete the form to unlock this...

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Germans Prefer Carrying Cash as CBDC Decision Looms
Germans Prefer Carrying Cash as CBDC Decision Looms
August 18, 2024  |  CBDC

The future of the digital euro could be decided next year.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Bank of England Announces CBDC Experiments
Bank of England Announces CBDC Experiments
July 30, 2024  |  CBDC

The Bank of England (BoE) is conducting a new series of experiments with central bank digital currencies (CBDCs) for retail use. Get the Full Story...

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Bank of Israel Remains Uncertain About Potential CBDC
Bank of Israel Remains Uncertain About Potential CBDC
July 11, 2024  |  CBDC

The Bank of Israel reportedly plans to wait until another advanced economy launches a central bank digital currency (CBDC) before introducing one of its own....

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Switzerland Central Bank Willing to Expand CBDC Project
Switzerland Central Bank Willing to Expand CBDC Project
July 03, 2024  |  CBDC

The Swiss National Bank is reportedly amenable to expanding its digital currency project. Get the Full Story Complete the form to unlock this article and...

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