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

Four Countries Test Multi-CBDC Arrangement

Four Countries Test Multi-CBDC Arrangement
Four Countries Test Multi-CBDC Arrangement
October 26, 2022  |  CBDC

The Bank for International Settlements (BIS) on Wednesday (Oct. 26) published a report on Project mBridge, a four-nation collaborative pilot for cross-border central bank digital...

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eNaira’s First Anniversary Holds Lessons for CBDC Boosters
eNaira’s First Anniversary Holds Lessons for CBDC Boosters
October 26, 2022  |  CBDC

If there’s one lesson to take away from the first anniversary of Nigeria’s struggling eNaira central bank digital currency (CBDC), it’s that China has shown...

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Digital Yuan Transactions Pass $14B While US Debates Digital Dollar
Digital Yuan Transactions Pass $14B While US Debates Digital Dollar
October 26, 2022  |  Cryptocurrency

Chinese citizens have spent more than $14 billion worth of digital yuan, the People’s Bank of China said last week. Get the Full Story Complete...

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Today in Crypto: Lawmaker Says US Needs CBDC to Remain in ‘the game’; BitKeep Wallet to Reimburse Users in $1M Hack
Today in Crypto: Lawmaker Says US Needs CBDC to Remain in ‘the game’; BitKeep Wallet...
October 18, 2022  |  Cryptocurrency

Crypto wallet BitKeep has been hacked for more than $1 billion in BNB Chain and Polygon-based tokens on Tuesday (Oct. 18), a Coindesk report said....

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Today in the Connected Economy: Apple Fires Back at Meta in Metaverse Headset War
Today in the Connected Economy: Apple Fires Back at Meta in Metaverse Headset War
October 14, 2022  |  Connected Economy

Today in the connected economy, Apple plans to launch a mixed-reality headset that would rival Meta’s, plus Kroger and Albertsons merge. Get the Full Story...

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Fed Governor: CBDC Not Crucial to Supremacy of Dollar
Fed Governor: CBDC Not Crucial to Supremacy of Dollar
October 14, 2022  |  Cryptocurrency

The creation of a central bank digital currency (CBDC) in America is probably not that crucial to ensuring the supremacy of the U.S. dollar, Federal...

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Today in Crypto: Coinbase Touts ML Site Security; Voyager Creditors Against Granting Firm Execs Immunity
Today in Crypto: Coinbase Touts ML Site Security; Voyager Creditors Against Granting Firm Execs Immunity
October 13, 2022  |  Cryptocurrency

Coinbase has touted its machine learning team’s ability to develop modeling techniques to find bad actors, keeping users’ accounts safe, a company blog said. Get...

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ECB Study Notes Challenges For Stablecoin Acceptance
ECB Study Notes Challenges For Stablecoin Acceptance
October 11, 2022  |  CBDC

A new study from the European Central Bank (ECB) has found that retail central bank digital currencies (rCBDCs), which could be used to allow for...

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Study of Digital Dollar Beneficial Even if CBDCs Never Happen: Cleveland Fed Head
Study of Digital Dollar Beneficial Even if CBDCs Never Happen: Cleveland Fed Head
October 10, 2022  |  Cryptocurrency

Cleveland Federal Reserve President Loretta Mester said that even if the U.S. does not issue a central bank digital currency (CBDC), the Fed’s study of...

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