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

Bitcoin Daily: Australia Sees Rise In Crypto-Asset Scams; Sweden’s Central Bank Eyes Options For Digital Currencies
Bitcoin Daily: Australia Sees Rise In Crypto-Asset Scams; Sweden’s Central Bank Eyes Options For Digital...
June 24, 2020  |  Bitcoin

The Australian Securities & Investment Commission (ASIC) has reported an increase in the volume of investment scam reports by investors and consumers in Australia amid...

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction
Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction
June 23, 2020  |  B2B Payments

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. In the U.S., The Clearing House’s...

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Bank Of Thailand Plans Digital Payments System Prototype
Bank Of Thailand Plans Digital Payments System Prototype
June 19, 2020  |  Cryptocurrency

The Bank of Thailand plans to work on a new payment system for businesses using Central Bank Digital Currency (CBDC), according to a press release,...

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China Proposes East-Asian Digital Currency
China Proposes East-Asian Digital Currency
June 17, 2020  |  Cryptocurrency

A growing number of nations are looking to develop digital versions of their currencies, and now there might be regional initiatives taking shape to target...

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Bitcoin Daily: Bank Of Korea Launches Panel To Review Digital Currency; Revolut To Give Users Legal Control Of Cryptocurrencies
Bitcoin Daily: Bank Of Korea Launches Panel To Review Digital Currency; Revolut To Give Users...
June 15, 2020  |  Bitcoin

Korea’s central bank has rolled out a legal advisory group to look at potential challenges to bring a central bank digital currency (CBDC) to fruition,...

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Private/Public Partnerships Could Boost Central Bank Digital Currencies
Private/Public Partnerships Could Boost Central Bank Digital Currencies
May 27, 2020  |  Cryptocurrency

The movement toward digital currencies may be a bit of an arms race of sorts, for now. But the question arises: Once they’ve been created...

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Will The Pandemic Finally Get Central Banks Interested In Building Digital Currencies?
Will The Pandemic Finally Get Central Banks Interested In Building Digital Currencies?
May 21, 2020  |  Cryptocurrency

The tipping point might be nigh for digital dollars and other central bank-issued currencies done through bits and bytes. As politicians across the globe grapple...

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Mersch: ECB Will Focus On ‘Game Changer’ Retail Central Bank Digital Currency
Mersch: ECB Will Focus On ‘Game Changer’ Retail Central Bank Digital Currency
May 11, 2020  |  Cryptocurrency

Speaking at a virtual conference about the future of money, European Central Bank (ECB) executive board member Yves Mersch said a retail central bank digital...

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Starbucks Among 19 Firms Trialing China’s Digital Yuan
Starbucks Among 19 Firms Trialing China’s Digital Yuan
April 24, 2020  |  Cryptocurrency

The People’s Bank of China (PBOC) is launching a pilot program to trial its new digital currency yuan with 19 local businesses, including the U.S....

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