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 Looms, But so Do Questions Over Necessity

Digital Dollar Looms, But so Do Questions Over Necessity
Digital Dollar Looms, But so Do Questions Over Necessity
March 09, 2022  |  CBDC

It seems the digital dollar may be on the way — the jury’s out, though, as to whether we might really need a central bank...

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Legal Blueprint for Digital Yuan Needed, Says ICBC’s Wang Jingwu
Legal Blueprint for Digital Yuan Needed, Says ICBC’s Wang Jingwu
March 08, 2022  |  CBDC

It’s time for China to frame a legal blueprint for the digital yuan that clearly defines and outlines acquisition, use, risks, privacy, control and other...

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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). Get the Full Story Complete the...

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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? Get the Full Story...

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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. Get the Full Story Complete the form to...

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