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

Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar

Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar
Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar
October 17, 2023  |  CBDC

Federal Reserve Governor Michelle Bowman is concerned about the potential risks associated with a U.S. central bank digital currency (CBDC). Get the Full Story Complete...

READ MORE >
Central Banks, BIS and FI Projects Point to Growing Embrace of Tokenized Deposits
Central Banks, BIS and FI Projects Point to Growing Embrace of Tokenized Deposits
October 05, 2023  |  Banking

The Bank for International Settlements, central banks and traditional financial institutions (FIs) are in the midst of tackling various ways and means of creating and...

READ MORE >
Will CBDCs Pave Path to Better Liquidity Management and X-Border Trade?
Will CBDCs Pave Path to Better Liquidity Management and X-Border Trade?
October 03, 2023  |  CBDC

For companies large and small and their financial institutions (FIs) navigating operations and trade across borders, foreign exchange (FX) represents a key cost of doing...

READ MORE >
BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
September 28, 2023  |  CBDC

The Bank for International Settlements (BIS) and three central banks concluded a central bank digital currency (CBDC) project. Get the Full Story Complete the form...

READ MORE >
BIS Head: ‘Outdated’ Laws Holding Up CBDC Development
BIS Head: ‘Outdated’ Laws Holding Up CBDC Development
September 27, 2023  |  CBDC

Nearly every country on Earth has a central bank digital currency (CBDC) project in play. Get the Full Story Complete the form to unlock this...

READ MORE >
CBDCs Compete for Relevance in Cross-Border Payments
CBDCs Compete for Relevance in Cross-Border Payments
September 13, 2023  |  CBDC

Link by link, the fashioning of a global network for central bank digital currencies (CBDCs) proceeds apace.  Get the Full Story Complete the form to...

READ MORE >
Swift Testing Interlinking CBDC Solutions With Three Central Banks
Swift Testing Interlinking CBDC Solutions With Three Central Banks
September 13, 2023  |  CBDC

Global messaging platform Swift says three central banks are testing its solution for interlinking CBDCs. Get the Full Story Complete the form to unlock this...

READ MORE >
Israel Plans CBDC but Is Unsure If or When It Would Launch
Israel Plans CBDC but Is Unsure If or When It Would Launch
September 12, 2023  |  CBDC

Israel’s central bank is working on a national digital currency, but it’s unclear if or when a central bank digital currency (CDBC) would roll out....

READ MORE >
From Remittances to Retail: Why Ripple Believes CBDCs Will Change Global Payments
From Remittances to Retail: Why Ripple Believes CBDCs Will Change Global Payments
September 05, 2023  |  CBDC

As currency becomes increasingly digitized, more end users are able to reap its benefits, in turn feeding an underlying network effect of increased market participants...

READ MORE >