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

China’s CBDC ‘Dress Rehearsal’ Sets Stage for Other Central Banks

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? Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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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...

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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. Get the Full Story Complete the form to...

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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...

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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...

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EU Bankers Weigh Risks, Rewards of CBDC – and Cash’s Staying Power
EU Bankers Weigh Risks, Rewards of CBDC – and Cash’s Staying Power
September 15, 2020  |  Cryptocurrency

Central bank digital coins on the Continent – but plenty of room for cash. Get the Full Story Complete the form to unlock this article...

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For China, Digital Yuan Sprinting Toward Olympics?
For China, Digital Yuan Sprinting Toward Olympics?
August 26, 2020  |  International

Let the digital currency games begin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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China Trials Digital Yuan In Retail Settings
China Trials Digital Yuan In Retail Settings
August 24, 2020  |  Digital Banking

To go big with central bank digital currencies (CBDCs) – to gain scale and early adopters – one should focus on retail and smaller-value transactions. At...

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Fed Exploring ‘Hypothetical’ Digital Currency With MIT
Fed Exploring ‘Hypothetical’ Digital Currency With MIT
August 14, 2020  |  Cryptocurrency

Digital dollars on the horizon? Maybe – but first comes a focus on policy. Get the Full Story Complete the form to unlock this article...

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