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

US Not Hurried on Digital Dollar as ECB Targets Tech Infrastructure

US Not Hurried on Digital Dollar as ECB Targets Tech Infrastructure
US Not Hurried on Digital Dollar as ECB Targets Tech Infrastructure
September 26, 2022  |  CBDC

Negotiations on a stablecoin regulatory bill last week indicated that the congressional sense of urgency on a U.S. central bank digital currency (CBDC) isn’t very...

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3 Reasons a Digital Dollar Is Still a Long Way Off
3 Reasons a Digital Dollar Is Still a Long Way Off
September 26, 2022  |  CBDC

It probably isn’t a coincidence that Bank of America’s cryptocurrency team stomped on the brakes regarding its prediction of a digital dollar as soon as...

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Bank of America Says Digital Dollar Complexity Delays Timeline
Bank of America Says Digital Dollar Complexity Delays Timeline
September 23, 2022  |  CBDC

Bank of America strategists are revising an earlier prediction that the U.S. would issue a digital dollar by the end of the decade. Get the...

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CBDC Weekly: Treasury Weighs In; ECB Payments Testers
CBDC Weekly: Treasury Weighs In; ECB Payments Testers
September 19, 2022  |  CBDC

While the Treasury Department report on “The Future of Money and Payments” was as carefully neutral as ever about the need for and desirability of...

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Clickatell Partners With Central Bank to Bring Nigerians eNaira Banking
Clickatell Partners With Central Bank to Bring Nigerians eNaira Banking
September 19, 2022  |  Financial Inclusion

Unbanked Nigerians and those using a feature phone in the country will soon have access to eNaira banking services through an Unstructured Supplementary Service Data...

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Treasury Lends Tacit Support to Digital Dollar
Treasury Lends Tacit Support to Digital Dollar
September 16, 2022  |  CBDC

One striking aspect of the Treasury Department’s Friday (Sept. 16) report, “The Future of Money and Payments” is how little space it dedicated to address...

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EMEA Daily: 5 Companies Join ECB’s Digital Euro Project
EMEA Daily: 5 Companies Join ECB’s Digital Euro Project
September 16, 2022  |  Cross-border Payments

Today in Europe, the Middle East and Africa (EMEA) news, the European Central Bank (ECB) announces five industry partners that will be involved in a...

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Amazon, Nexi, Worldline, CaixaBank, EPI Join Digital Euro Project
Amazon, Nexi, Worldline, CaixaBank, EPI Join Digital Euro Project
September 16, 2022  |  CBDC

The European Central Bank (ECB) has selected five companies to be involved in a “prototyping exercise” that will be part of its two-year investigation phase...

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