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 Eyes CBDC to Ease Transactions, Stop Tax Evasion

Colombia Eyes CBDC to Ease Transactions, Stop Tax Evasion
Colombia Eyes CBDC to Ease Transactions, Stop Tax Evasion
August 17, 2022  |  CBDC

Aiming to make transactions easier for consumers and to put an end to tax evasion, Colombia is reportedly considering introducing a central bank digital currency...

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PYMNTS Cryptocurrency Glossary: Central Bank Digital Currency
PYMNTS Cryptocurrency Glossary: Central Bank Digital Currency
August 15, 2022  |  Cryptocurrency

Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and in...

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Zimbabwe Has ‘Roadmap’ to CBDC, Says Central Bank Governor
Zimbabwe Has ‘Roadmap’ to CBDC, Says Central Bank Governor
August 14, 2022  |  CBDC

Zimbabwe central bank governor John Mangudya has said there’s a “roadmap” to adopt a CBDC, a consultation paper from the bank said. Get the Full...

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How the Digital Euro Can Help Address Disintermediation, Sovereignty Issues
How the Digital Euro Can Help Address Disintermediation, Sovereignty Issues
August 11, 2022  |  CBDC

In a recent European Central Bank (ECB) working paper, central bank digital currencies (CBDCs) were discussed as being a potential “holy grail” for cross-border payments....

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PYMNTS Cryptocurrency Glossary: The Basics
PYMNTS Cryptocurrency Glossary: The Basics
August 08, 2022  |  Cryptocurrency

Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and in...

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CBDC Weekly: ECB Sees a ‘Holy Grail’; Thailand, Nepal Push Ahead; Israel Worries
CBDC Weekly: ECB Sees a ‘Holy Grail’; Thailand, Nepal Push Ahead; Israel Worries
August 08, 2022  |  CBDC

A digital euro could be the “Holy Grail” of cross-border payments, according to a recent report by the European Central Bank. Get the Full Story...

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Nepal Cautiously Explores CBDC
Nepal Cautiously Explores CBDC
August 08, 2022  |  CBDC

Step by step, Nepal is looking into issuing its own central bank digital currency (CBDC), a report from Beincrypto said Monday (Aug. 8), quoting a...

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Thailand Moves CBDC Study to Pilot Stage Without Plans for Issuance 
Thailand Moves CBDC Study to Pilot Stage Without Plans for Issuance 
August 05, 2022  |  Cryptocurrency

The Bank Of Thailand (BOK) is moving its retail central bank digital currency (CBDC) study to the pilot phase but said it has no plans...

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ECB Cautions Against Quixotic Quests on Path to CBDC ‘Holy Grail’
ECB Cautions Against Quixotic Quests on Path to CBDC ‘Holy Grail’
August 03, 2022  |  CBDC

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