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

Reserve Bank of India Launches First Pilot of Digital Rupee

Reserve Bank of India Launches First Pilot of Digital Rupee
Reserve Bank of India Launches First Pilot of Digital Rupee
October 31, 2022  |  CBDC

The Reserve Bank of India (RBI) has announced that the first of its pilot launches of a digital rupee will begin Tuesday (Nov. 1) with...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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. That represented 360 million transactions...

READ MORE >
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....

READ MORE >
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. Report: Apple Mixed Reality...

READ MORE >
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...

READ MORE >
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. The...

READ MORE >