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

New Zealand Central Bank Seeks Public Feedback on CBDC

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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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...

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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. Get the Full Story...

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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...

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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...

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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...

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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...

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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,...

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