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

CBDCs Start Small Before Economic Heavyweights Step In  
CBDCs Start Small Before Economic Heavyweights Step In  
April 05, 2021  |  Cryptocurrency

In the brave new world of the central bank digital currency (CBDC), smaller nations are taking the plunge, it seems, before the world’s largest economies...

READ MORE >
Eastern Caribbean Central Bank Takes CBDC Live
Eastern Caribbean Central Bank Takes CBDC Live
April 01, 2021  |  Cryptocurrency

The Eastern Caribbean Central Bank (ECCB) has unveiled its central bank digital currency DCash, making it the second central bank officially entering the CBDC realm....

READ MORE >
Fed’s Powell Says X-Border Payments One Of ‘Less Efficient’ Areas Of Financial System
Fed’s Powell Says X-Border Payments One Of ‘Less Efficient’ Areas Of Financial System
March 18, 2021  |  Payment Methods

Cross-border payments represent a big opportunity for firms worldwide — more than $120 trillion in payments volume flows each year between business trading partners globally,...

READ MORE >
Reserve Bank Of India Cautions On Central Bank Digital Currencies
Reserve Bank Of India Cautions On Central Bank Digital Currencies
March 03, 2021  |  Digital Payments

Nothing in life is all positive. Chocolate? Comes with calories. Love? It’s fickle. Even newborn babies will fill you with gratitude, but will drain you of...

READ MORE >
China’s CBDC  ‘Dress Rehearsal’ Sets Stage for Other Central Banks
China’s CBDC ‘Dress Rehearsal’ Sets Stage for Other Central Banks
January 04, 2021  |  Payment Methods

For digital currencies, as goes China, so will go the world? China, as is well-known, is in the midst of pilot programs tied to its...

READ MORE >
Bahamas Launches Digital Sand Dollar; Adds To Rise Of Central Bank Digital Currencies
Bahamas Launches Digital Sand Dollar; Adds To Rise Of Central Bank Digital Currencies
December 18, 2020  |  Cryptocurrency

Facebook’s Libra might be fading a bit as a perceived threat to monetary systems that have been in place around the globe for centuries. But...

READ MORE >
Bitcoin Daily: Didi Joins China’s Digital Yuan Testing; Putin Orders Russian Gov’t Workers, Officials To Disclose Crypto Assets
Bitcoin Daily: Didi Joins China’s Digital Yuan Testing; Putin Orders Russian Gov’t Workers, Officials To...
December 13, 2020  |  Bitcoin

Russian president Vladimir Putin has signed an order directing public officials to report cryptocurrency holdings, CoinDesk reports. The order signed Thursday (Dec. 10) requires both...

READ MORE >
China Trials Digital Yuan By Giving Away $1.5M
China Trials Digital Yuan By Giving Away $1.5M
October 12, 2020  |  Cryptocurrency

China’s central bank is issuing 10 million yuan ($1.5 million) worth of digital currency to 50,000 people chosen by lottery in the country’s first trial run...

READ MORE >
The Lures – And Challenges – Of Central Bank Digital Currencies
The Lures – And Challenges – Of Central Bank Digital Currencies
October 09, 2020  |  Cryptocurrency

Beyond bitcoin – that marquee name of crypto and its brethren, which have yet to escape wild price swings and speculative fervor – lies the...

READ MORE >