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

ECB Says Yes to Programmable Payments, No to Programmable Money

ECB Says Yes to Programmable Payments, No to Programmable Money
ECB Says Yes to Programmable Payments, No to Programmable Money
January 25, 2023  |  CBDC

Programmability is one of the major draws of digital money. It is also one of the features of cryptocurrencies that is being seriously considered by...

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ECB Board Member: Digital Euro Should Complement Other Payment Methods
ECB Board Member: Digital Euro Should Complement Other Payment Methods
January 23, 2023  |  Europe

A digital euro should complement, not replace, other electronic payment methods or cash. Get the Full Story Complete the form to unlock this article and...

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Global CBDC Real-Time Payment Network Launches in Davos
Global CBDC Real-Time Payment Network Launches in Davos
January 19, 2023  |  CBDC

Leave it to the lofty inspirations of the World Economic Forum to come up with the Universal Digital Payments Network. Get the Full Story Complete...

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People’s Bank of China Enables Offline Payments with Digital Yuan
People’s Bank of China Enables Offline Payments with Digital Yuan
January 16, 2023  |  CBDC

The People’s Bank of China has reportedly enabled Android users to make offline payments using digital yuan. Get the Full Story Complete the form to...

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Digital Pound’s Future Uncertain As Lawmakers Debate Financial Sector Oversight
Digital Pound’s Future Uncertain As Lawmakers Debate Financial Sector Oversight
January 16, 2023  |  Europe

A digital pound consultation is expected to be published in “weeks not months.” Get the Full Story Complete the form to unlock this article and...

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Report: FTX Collapse Slows Bahamas’ CBDC Project
Report: FTX Collapse Slows Bahamas’ CBDC Project
January 15, 2023  |  CBDC

The Bahamas’ two-year-old digital currency project has gotten off to a slow start. Get the Full Story Complete the form to unlock this article and...

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Tanzania Takes Tentative Steps to CBDC Adoption
Tanzania Takes Tentative Steps to CBDC Adoption
January 15, 2023  |  CBDC

The Bank of Tanzania is cautiously readying a central bank digital currency (CBDC). Get the Full Story Complete the form to unlock this article and...

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4 Trends Shaping EMEA Banking Sector in 2023
4 Trends Shaping EMEA Banking Sector in 2023
January 02, 2023  |  Banking

In this article, PYMNTS analyzes trends shaping the banking sector in the EMEA region. Get the Full Story Complete the form to unlock this article...

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