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

CBDC Weekly: Fed’s Bowman Says FedNow Makes Digital Dollar Unnecessary

CBDC Weekly: Fed’s Bowman Says FedNow Makes Digital Dollar Unnecessary
CBDC Weekly: Fed’s Bowman Says FedNow Makes Digital Dollar Unnecessary
August 22, 2022  |  Cryptocurrency

Fed Governor Michelle Bowman suggested that she believes the FedNow real-time payments system will make a digital dollar unnecessary. Get the Full Story Complete the...

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R3 Blockchain Finds a Foothold Beyond Banks
R3 Blockchain Finds a Foothold Beyond Banks
August 19, 2022  |  Cryptocurrency

It’s fair to say that when it comes to turning the promise of blockchain into the reality of blockchain, catching up with the hype cycle...

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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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