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

Colombia Central Bank Backs Spending Limits on Retail CBDCs 
Colombia Central Bank Backs Spending Limits on Retail CBDCs 
August 18, 2023  |  CBDC

The push toward central bank digital currencies seems an inexorable one. But among the issues that remain to be sorted out are the parameters of...

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CBDCs’ Relevance Questioned After Canada Casts Skepticism
CBDCs’ Relevance Questioned After Canada Casts Skepticism
August 11, 2023  |  CBDC

It’s a widely reported data point that 93% of central banks are in at least some stage of deploying — or at least exploring —...

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Microsoft’s CBDC Push Hints at Private Sector’s Role in Shaping Digital Currencies
Microsoft’s CBDC Push Hints at Private Sector’s Role in Shaping Digital Currencies
August 09, 2023  |  CBDC

Central bank digital currencies (CBDC) are on pretty much every central bank’s road map. A full 93% of central banks across the globe are in at...

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Will CBDCs Be a Game-Changer for Cross-Border Remittances?
Will CBDCs Be a Game-Changer for Cross-Border Remittances?
August 04, 2023  |  Connected Economy

Cross-border remittances — where hundreds of billions of dollars flow internationally, typically as individuals send money home to friends and family — may be ripe...

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Digital Dollar Project: CBDCs Can Help the Unbanked
Digital Dollar Project: CBDCs Can Help the Unbanked
August 03, 2023  |  CBDC

Could a central bank digital currency (CBDC) help America’s unbanked population? It appears that way, according to a new report by the Digital Dollar Project...

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Nigeria to Amend eNaira Model to Promote CBDC Use
Nigeria to Amend eNaira Model to Promote CBDC Use
July 26, 2023  |  CBDC

Nigeria’s central bank wants more citizens to use its digital currency. To that end, the bank’s acting governor, Folashodun Adebisi Shonubi, tweeted Wednesday (July 26) that the Central...

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Report: Russia Could Begin Testing Digital Ruble in August
Report: Russia Could Begin Testing Digital Ruble in August
July 19, 2023  |  CBDC

Russia could reportedly begin testing a digital ruble before the summer’s end. Lawmakers in the country, whose payment systems have been hamstrung since last year...

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BritCoin Insider Says Innovations Built on CBDCs Will Change Nature of Finance 
BritCoin Insider Says Innovations Built on CBDCs Will Change Nature of Finance 
July 18, 2023  |  CBDC

As you read this, the very nature of money is being interrogated and experimentally reshaped. “There’s a huge global trend going on right now into...

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BIS: Crypto’s ‘Inherent’ Flaws a Threat to Monetary System 
BIS: Crypto’s ‘Inherent’ Flaws a Threat to Monetary System 
July 11, 2023  |  Cryptocurrency

There may be no room for crypto within banking or traditional financial services at all. And in fact, the Bank of International Settlements said in...

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