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

Amazon, Big Tech Job Postings Hint At Cryptos’ Retail Future
Amazon, Big Tech Job Postings Hint At Cryptos’ Retail Future
July 25, 2021  |  Retail

The old conundrum exists for the job search no matter where one is looking: You can’t get the job unless you have experience.  And you can’t...

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India Begins To Consider A CBDC
India Begins To Consider A CBDC
July 22, 2021  |  Cryptocurrency

The Reserve Bank of India (RBI) has begun thinking about doing a “phased introduction” of a central bank digital currency (CBDC), amid legal changes needed...

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Today In Payments Around The World: SIBS MB Inks Deal With Discover; China Distributes A Total Of $41.5M Amid Efforts To Speed Digital Yuan Tests
Today In Payments Around The World: SIBS MB Inks Deal With Discover; China Distributes A...
July 13, 2021  |  International

In today’s top payments news around the world, SIBS MB has inked a deal with Discover Financial Services, while China is continuing at a fast...

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BIS Report: CBDCs Can Cut Cross-Border Payments’ Friction Points
BIS Report: CBDCs Can Cut Cross-Border Payments’ Friction Points
July 12, 2021  |  Cryptocurrency

For central bank digital currencies to reach their full potential, banks must look beyond domestic use — and examine CBDCs’ risks and rewards for cross-border...

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New Ukraine Legislation Lists CBDC As Cash Equivalent
New Ukraine Legislation Lists CBDC As Cash Equivalent
July 02, 2021  |  Cryptocurrency

New legislation passed by the Ukrainian parliament addressed central bank digital currency (CBDC) and determined that it was functionally equal to cash or other payment...

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Fed’s Quarles Compares CBDC Rush To Parachute Pants And FOMO
Fed’s Quarles Compares CBDC Rush To Parachute Pants And FOMO
June 28, 2021  |  Cryptocurrency

U.S. Federal Reserve Vice Chair for Supervision Randal K. Quarles called the global rush to roll out central bank digital currencies (CBDC) akin to the...

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Getting Emerging Crypto Businesses Banked — And Compliant
Getting Emerging Crypto Businesses Banked — And Compliant
June 28, 2021  |  B2B Payments

Regulation remains one of the biggest barriers to entry for businesses interested in developing and launching their own cryptocurrency-related solutions. Whether those tools are platforms...

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Using Blockchain To Improve Cross-Border Remittances
Using Blockchain To Improve Cross-Border Remittances
June 21, 2021  |  Blockchain

Blockchain, at least to some observers, is synonymous with cryptos. And cryptos, of course, are synonymous with volatility. But in an interview with PYMNTS, Josh...

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China Speeds Toward CBDC Future Despite Crypto’s Murky Advantages
China Speeds Toward CBDC Future Despite Crypto’s Murky Advantages
June 21, 2021  |  Cryptocurrency

We’re inching toward central bank digital currencies (CBDCs) making the leap from concept to reality, but speed bumps (as you might call them) abound. China...

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