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 Korea Concludes First Phase of CBDC Test
Bank of Korea Concludes First Phase of CBDC Test
January 24, 2022  |  CBDC

South Korea’s central bank has concluded the first phase of its test of a central bank digital currency (CBDC), CoinDesk reported Monday (Jan. 24). Get...

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The Three Most Important Questions for the Fed on Its CBDC Plans
The Three Most Important Questions for the Fed on Its CBDC Plans
January 24, 2022  |  CBDC

The Fed released its long-awaited paper on Central Bank Digital Currencies last week. After reading it, I don’t get the feeling that even the authors...

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Fed White Paper Examines Creating Digital Dollar
Fed White Paper Examines Creating Digital Dollar
January 20, 2022  |  CBDC

The U.S. Federal Reserve has said making an official digital dollar might give Americans greater and faster payment options at the cost of some potential...

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China’s Digital Yuan Captures $8.3B in Payments Over 6 Months
China’s Digital Yuan Captures $8.3B in Payments Over 6 Months
January 18, 2022  |  CBDC

China’s digital yuan trials captured $8.3 billion of the country’s payments market in the past six months and $13.68 billion in the past two years,...

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The Swiss National Bank Completes Wholesale CBDC Transactions With Five Commercial Banks 
The Swiss National Bank Completes Wholesale CBDC Transactions With Five Commercial Banks 
January 17, 2022  |  CBDC

 Switzerland’s National Bank (SNB) has approved a wide swath of transactions involving central bank digital currency (CBDC), the country’s monetary authority announced.  Get the Full Story...

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Congressman’s Bill To Ban Fed’s CBDC Will Heat Up Debate
Congressman’s Bill To Ban Fed’s CBDC Will Heat Up Debate
January 17, 2022  |  CBDC

Last week, Republican Congressman Tom Emmer introduced a bill prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. Get...

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China Is Building Its Own NFT Behind the Great Firewall
China Is Building Its Own NFT Behind the Great Firewall
January 14, 2022  |  Blockchain

Nonfungible tokens (NFTs) are so hot, China can’t ignore them anymore. So, it’s building a more controllable platform for digital collectables. And only the digital...

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Bank of Israel Studies Potential of Digital Shekel
Bank of Israel Studies Potential of Digital Shekel
January 13, 2022  |  CBDC

Israeli policymakers have broadened the scope of their research into launching a central bank digital currency (CBDC) as the Bank of Israel scrambles to avoid...

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Visa, Swiss Central Bank Efforts Latest Examples of 2022 CBDC Push
Visa, Swiss Central Bank Efforts Latest Examples of 2022 CBDC Push
January 13, 2022  |  CBDC

For central bank digital currencies (CBDCs), pilots, pilots everywhere — and some actual launches, too. Get the Full Story Complete the form to unlock this...

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