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

Nigeria’s Central Bank Debuts eNaira Website Ahead of Oct. 1 Currency Launch
Nigeria’s Central Bank Debuts eNaira Website Ahead of Oct. 1 Currency Launch
September 28, 2021  |  CBDC

The main website for Nigeria’s central bank digital currency (CBDC) has gone live, indicating that the launch of the eNaira digital currency is on track for...

READ MORE >
BIS Says Central Banks Risk Playing CBDC Catch Up Game
BIS Says Central Banks Risk Playing CBDC Catch Up Game
September 12, 2021  |  Payment Methods

There’s always deep debate about how best to promote innovation in the tech space – particularly when it comes to payments. The debate boils down...

READ MORE >
Crypto Is Innovative But Risky, European Regulator Says
Crypto Is Innovative But Risky, European Regulator Says
September 10, 2021  |  Cryptocurrency

A new report by the European Securities and Markets Authority (ESMA) calls cryptocurrency both a financial innovation and a possible threat due to the cost...

READ MORE >
Project Dunbar Might Light Match Under US CBDC Efforts
Project Dunbar Might Light Match Under US CBDC Efforts
September 07, 2021  |  Digital Banking

Project Dunbar might light a match under central banks outside of Asia to speed up the development of central bank digital currencies (CBDCs) – including...

READ MORE >
Stablecoins’ Use Cases Still Emerging As Changes, Regulations Loom 
Stablecoins’ Use Cases Still Emerging As Changes, Regulations Loom 
August 24, 2021  |  Cryptocurrency

There is continued debate over the role of stablecoins – and where they fit within digital commerce, in both commercial and retail settings. These cryptos have...

READ MORE >
Jamaica’s Central Bank Tests Country’s First CBDC
Jamaica’s Central Bank Tests Country’s First CBDC
August 10, 2021  |  International

The Bank of Jamaica (BOJ) minted the first installment of what’s expected to be 230 million JMD (nearly $1.5 million) in central bank digital currency...

READ MORE >
DeFi Propels Crypto’s Path Toward Solving B2B Payments Pain Points
DeFi Propels Crypto’s Path Toward Solving B2B Payments Pain Points
August 02, 2021  |  Blockchain

One would be hard-pressed to find someone who doesn’t know someone investing in cryptocurrency today. As consumers feel more comfortable in the digital currency waters,...

READ MORE >
IMF, TCH: Risks Can Outweigh Rewards For Cryptocurrencies, CBDCs
IMF, TCH: Risks Can Outweigh Rewards For Cryptocurrencies, CBDCs
August 02, 2021  |  Cryptocurrency

Financial inclusion may be a selling point for digital currencies — but other risks may outweigh those rewards. There is any number of pathways to...

READ MORE >
Expert: CBDC Could Help Ensure US Dollar Maintains Prominence In International Markets
Expert: CBDC Could Help Ensure US Dollar Maintains Prominence In International Markets
July 27, 2021  |  Digital Payments

The establishment of a U.S. central bank digital currency (CBDC) could help ensure that the U.S. dollar maintains its prominence in international markets, an expert...

READ MORE >