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

China Is Building Its Own NFT Behind the Great Firewall

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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Visa Teams with ConsenSys for Central Bank Digital Currency Pilot
Visa Teams with ConsenSys for Central Bank Digital Currency Pilot
January 13, 2022  |  CBDC

Visa is collaborating with the blockchain software company ConsenSys to launch a central bank digital currency (CBDC) pilot program to test retail applications like cards...

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A Year Later, Fed Chair Again Promises Crypto, CBDC Report ‘Soon’
A Year Later, Fed Chair Again Promises Crypto, CBDC Report ‘Soon’
January 11, 2022  |  CBDC

Federal Reserve Chairman Jerome Powell said the long-awaited digital currency report will be out “in the coming weeks.”  Get the Full Story Complete the form...

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India’s Central Bank Starts FinTech Division
India’s Central Bank Starts FinTech Division
January 10, 2022  |  International

India’s central bank is setting up a FinTech department to drive innovation, oversee the exchange of cryptocurrencies and develop regulations for the release of its...

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Chinese Payments Giant WeChat to Accept Digital Yuan 
Chinese Payments Giant WeChat to Accept Digital Yuan 
January 06, 2022  |  CBDC

China’s largest messaging app says it will begin accepting the country’s digital yuan.  Get the Full Story Complete the form to unlock this article and...

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The Five Things That Will Determine The Success – or Failure – of China’s Digital Yuan Wallet
The Five Things That Will Determine The Success – or Failure – of China’s Digital...
January 04, 2022  |  Payment Methods

China today (Jan. 4) released its digital yuan wallet on Apple’s App Store and on Google Android app stores in the country. Get the Full...

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What’s Ahead for Chinese Banks in 2022 
What’s Ahead for Chinese Banks in 2022 
January 04, 2022  |  News

Chinese banks are facing slowing loan growth, tightening margins and rising credit risks at the start of the new year as Beijing works to free...

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