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

Concerns From Fmr. Fed Leader Cloud Way Forward for Digital Dollar
Concerns From Fmr. Fed Leader Cloud Way Forward for Digital Dollar
October 24, 2021  |  CBDC

In the United States, a central bank digital currency may be on the horizon — but not with the blockchain. Which begs the question: just...

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EMEA Daily: UK FinTech Plum Raises $13.9M in Series A Funding; Nigerian B2B Startup Alerzo Acquires FinTech Firm Shago Payments
EMEA Daily: UK FinTech Plum Raises $13.9M in Series A Funding; Nigerian B2B Startup Alerzo...
October 15, 2021  |  International

In today’s top EMEA news, U.K. FinTech Plum closes a $13.9 million Series A funding round, and The Digital Pound Foundation wants to see a...

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The Digital Pound Foundation Wants to See UK’s CBDC Materialize; G7 Leaders Say It Must Support, Do No Harm
The Digital Pound Foundation Wants to See UK’s CBDC Materialize; G7 Leaders Say It Must...
October 15, 2021  |  CBDC

While interest in central bank digital currencies (CBDCs) continues to soar around the world, a group of innovation and regulatory experts in the U.K. are...

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Ripple Joins Nonprofit Focused on Creating Digital Pound
Ripple Joins Nonprofit Focused on Creating Digital Pound
October 14, 2021  |  CBDC

Blockchain solutions provider Ripple has joined the Digital Pound Foundation, a nonprofit focused on the creation and implementation of a digital pound in the United Kingdom,...

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Hungary’s Perfinal Launches CBDC-ready Platform That Creates Digital Banks
Hungary’s Perfinal Launches CBDC-ready Platform That Creates Digital Banks
October 14, 2021  |  Digital-First Banking

Perfinal, the Hungarian core banking provider, says its new platform will be ready for central bank digital currencies (CBDCs), a press release says. The new...

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In Brazil, Bitcoin Acceptance Comes With More Regulation
In Brazil, Bitcoin Acceptance Comes With More Regulation
October 04, 2021  |  Payment Methods

In Brazil, crypto acceptance — as legal tender, no less — is on the horizon.  But it will come with a  host of new regulations...

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No Plans to Ban Crypto in US – But Digital Dollar May Eventually Win Out
No Plans to Ban Crypto in US – But Digital Dollar May Eventually Win Out
October 04, 2021  |  CBDC

In the United States, there will be no ban on cryptocurrencies — but one wonders what will become of central bank digital currencies, in particular...

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New Zealand Central Bank Seeks Public Feedback on CBDC
New Zealand Central Bank Seeks Public Feedback on CBDC
September 30, 2021  |  CBDC

The Reserve Bank of New Zealand (RBNZ) released two issues papers on Thursday (Sept. 30) that outline the central bank’s thoughts about the pros and...

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BoE Enlists Payments, FinTech Firms to Study CBDC
BoE Enlists Payments, FinTech Firms to Study CBDC
September 29, 2021  |  CBDC

The Bank of England has staffed two third-party working groups, which will provide input as the central bank looks into a central bank digital currency...

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