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

EMTECH, HaitiPay Demo CBDC Proof of Concept for Haitian Market
EMTECH, HaitiPay Demo CBDC Proof of Concept for Haitian Market
May 05, 2022  |  CBDC

EMTECH, a central bank digital currency (CBDC) infrastructure provider, has collaborated with HaitiPay to demo its first CBDC and FinTech proof of concept. According to...

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EU Commissioner Urges Global Collaboration for Crypto Regulation 
EU Commissioner Urges Global Collaboration for Crypto Regulation 
May 03, 2022  |  Cryptocurrency

Mairead McGuiness, European commissioner for financial services, financial stability and capital markets union, called on regulators to adopt a global approach to regulate cryptocurrencies and...

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Public Comments Reveal Widespread Misunderstanding About Digital Euro’s Role
Public Comments Reveal Widespread Misunderstanding About Digital Euro’s Role
April 19, 2022  |  CBDC

After scrolling through the 11,000-plus comments the European Commission has received about its digital euro project, it isn’t hard to get flashbacks to the reception...

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European Commission’s Consultation on Digital Euro Goes Beyond CBDC
European Commission’s Consultation on Digital Euro Goes Beyond CBDC
April 14, 2022  |  CBDC

Europe is preparing the ground for a digital euro and it doesn’t want to miss this opportunity to evaluate the whole European payment system. The...

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Today in FinTech: Circle Closer to Becoming a Bank; Central Banks Question Need for CBDCs
Today in FinTech: Circle Closer to Becoming a Bank; Central Banks Question Need for CBDCs
April 13, 2022  |  Technology

In today’s FinTech news, cryptocurrency firm Circle Internet Finance is one step closer to becoming a bank, while Libeo is launching one-click accounts receivable (AR)...

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Do CBDCs Need Blockchain? Growing Number of Central Banks Say No
Do CBDCs Need Blockchain? Growing Number of Central Banks Say No
April 13, 2022  |  CBDC

There has been a widespread assumption that central bank digital currencies (CBDCs) would be built on blockchain — or at least the distributed-ledger technology (DLT)...

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EU’s ‘DLT Pilot’ to Trade Tokenized Securities Wins Political, Regulatory Support
EU’s ‘DLT Pilot’ to Trade Tokenized Securities Wins Political, Regulatory Support
April 13, 2022  |  Blockchain

The European Parliament (EP), the European Securities and Markets Authority (ESMA) and the industry are backing the EU’s efforts to create a pilot regime for...

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DTCC Launches Digital Currency Project
DTCC Launches Digital Currency Project
April 12, 2022  |  CBDC

The Depository Trust & Clearing Corporation (DTCC) announced the launch of a new central bank digital currency (CBDC) project Tuesday (April 12). According to a...

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OCC’s Comptroller Wants Stablecoins to Be Interoperable With US CBDC 
OCC’s Comptroller Wants Stablecoins to Be Interoperable With US CBDC 
April 11, 2022  |  CBDC

In a speech delivered on April 8, 2022 at Georgetown University, Michael Hsu, Acting Comptroller of the Office of the Comptroller of the Currency (OCC),...

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