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

Digital Dollar Awaits Public Comments, Philippine Central Bank Says No
Digital Dollar Awaits Public Comments, Philippine Central Bank Says No
March 06, 2022  |  CBDC

The U.S. is in a quiet phase of its decision on whether to build and issue a central bank digital currency (CBDC), with the initial...

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Today in Crypto: Russia Moves Ahead With Crypto Regs Bill; Sling TV to Accept Crypto Payments for Subscriptions Through BitPay
Today in Crypto: Russia Moves Ahead With Crypto Regs Bill; Sling TV to Accept Crypto...
February 21, 2022  |  Cryptocurrency

The Russian Ministry of Finance is moving ahead on its plan to regulate cryptocurrencies, CoinDesk reported Monday (Feb. 21). A bill was introduced to parliament...

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Federal Reserve Governor Stresses the Importance of a US CBDC
Federal Reserve Governor Stresses the Importance of a US CBDC
February 21, 2022  |  News

Lael Brainard, governor of the Federal Reserve System, in a speech at the U.S. Monetary Policy Forum in New York on Friday (Feb. 18), reiterated...

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‘No Cash, No Problem!’ Jamaica Christens Its CBDC Jam-Dex
‘No Cash, No Problem!’ Jamaica Christens Its CBDC Jam-Dex
February 20, 2022  |  CBDC

The Bank of Jamaica (BOJ) has rolled out the name for its central bank digital currency (CBDC), which will now be known as the Jamaica...

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CBDC Weekly: China’s Digital Yuan Wrapping Up its Olympic Test Run
CBDC Weekly: China’s Digital Yuan Wrapping Up its Olympic Test Run
February 18, 2022  |  CBDC

The quest for a digital dollar plodded along this week, with the Boston Fed and Massachusetts Institute of Technology’s (MIT) Digital Currency Initiative announcing results...

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Payments Execs Say Fed Has Yet to Make Compelling Case for CBDC
Payments Execs Say Fed Has Yet to Make Compelling Case for CBDC
February 18, 2022  |  CBDC

Would a central bank digital currency (CBDC) issued by the Federal Reserve Bank be a solution in search of a problem? Russ Waterhouse, executive vice...

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Taiwan to Debut Retail CBDC by September
Taiwan to Debut Retail CBDC by September
February 17, 2022  |  CBDC

Taiwan is moving straight ahead on the introduction of retail central bank digital currency (CBDC), LedgerInsights.com reported. The island nation expects to complete trials of...

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Today in Crypto: Bank of Russia Pilots CBDC; Latin American Venture Capital Crypto Investments Hit $653M in 2021
Today in Crypto: Bank of Russia Pilots CBDC; Latin American Venture Capital Crypto Investments Hit...
February 16, 2022  |  News

The Bank of Russia is debuting a pilot stage for its digital ruble, the central bank digital currency (CBDC) it’s got in the works, CoinDesk...

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Canada Has a Contingency Plan for a CBDC, but May Not Use It Yet
Canada Has a Contingency Plan for a CBDC, but May Not Use It Yet
February 14, 2022  |  CBDC

The introduction of Libra, Facebook’s attempt at digital currency in 2019, energized digital asset proponents who said the new technology would transform the banking landscape...

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