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

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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Bank of Mexico Aims for 2024 CBDC Launch 
Bank of Mexico Aims for 2024 CBDC Launch 
January 03, 2022  |  CBDC

The Bank of Mexico wants to have its own digital currency circulating sometime in the next two years, in an effort to foster financial inclusion...

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Bank of Jamaica Targets Q1 CBDC National Rollout 
Bank of Jamaica Targets Q1 CBDC National Rollout 
January 03, 2022  |  CBDC

The Bank of Jamaica (BOJ) recently wrapped up the pilot of its central bank digital currency (CBDC) and says it’s on track for a nationwide...

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Reserve Bank of India’s Acceptance of Digital Rupee Highlights Privacy Concerns
Reserve Bank of India’s Acceptance of Digital Rupee Highlights Privacy Concerns
December 29, 2021  |  CBDC

If you look deeper at the news of India’s central bank accepting a “basic” digital rupee as “a safe, robust, and convenient alternative to physical...

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