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

CBDC Weekly: EU Says Stablecoin Bill Coming in March, Digital Euro as Soon as 2025
CBDC Weekly: EU Says Stablecoin Bill Coming in March, Digital Euro as Soon as 2025
February 11, 2022  |  CBDC

China’s digital yuan may be the largest central bank digital currency (CBDC), but a digital euro is coming. Get the Full Story Complete the form...

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Kenya Releases CBDC Discussion Paper While Seeking Public Input
Kenya Releases CBDC Discussion Paper While Seeking Public Input
February 10, 2022  |  CBDC

The Central Bank of Kenya (CBK) has released its discussion paper on the possibility of a central bank digital currency (CBDC) and is now awaiting...

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Zambia Climbs Aboard the CBDC Train but Hits the Brakes on Crypto
Zambia Climbs Aboard the CBDC Train but Hits the Brakes on Crypto
February 09, 2022  |  CBDC

The south-central African country of Zambia is joining the ranks of others across the continent and much of the world in exploring the pros and...

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IMF Director: No Universal Case for CDBC
IMF Director: No Universal Case for CDBC
February 09, 2022  |  CBDC

The managing director of the International Monetary Fund (IMF) has urged policy makers to consider the trade-offs of central bank digital currencies, saying there is...

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Today in Crypto: Crypto Industry Expected to Boost Political Spending; US DOJ Seizes $3.6B in Bitcoin Tied to 2016 Hack
Today in Crypto: Crypto Industry Expected to Boost Political Spending; US DOJ Seizes $3.6B in...
February 08, 2022  |  Cryptocurrency

Digital wealth management platform Betterment announced Tuesday (Feb. 8) that it will buy automated crypto portfolio provider Makara. Get the Full Story Complete the form...

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House Committee Voices Concerns Over Stablecoin’s Effect on Dollar
House Committee Voices Concerns Over Stablecoin’s Effect on Dollar
February 08, 2022  |  Cryptocurrency

Today’s stablecoin hearing in front of the House Financial Services Committee wasn’t about stablecoins, per se, but rather the administration’s recent report on how to...

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China’s X-Border CBDC Ambitions Will Bring Digital Yuan to Broader Global Stage
China’s X-Border CBDC Ambitions Will Bring Digital Yuan to Broader Global Stage
February 08, 2022  |  CBDC

Beyond retail, beyond the confines of its own borders, China is eyeing bringing its central bank digital currency (CBDC) to a broader world stage. Get...

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Japan’s Biggest Bank Plans Yen-Pegged Stablecoins
Japan’s Biggest Bank Plans Yen-Pegged Stablecoins
February 07, 2022  |  Cryptocurrency

Mitsubishi UFJ Trust, Japan’s largest bank by assets, is planning to issue a stablecoin pegged to the yen under the revised Settlements and Payment System...

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Bank of England Takes the Slow Lane for CBDCs, and It is Not the Only One 
Bank of England Takes the Slow Lane for CBDCs, and It is Not the Only...
February 07, 2022  |  CBDC

The Bank of England, like many other central banks around the world, is still weighing the pros and cons of issuing a central bank digital...

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