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

Nigerians Can Pay Bills With CBDC eNaira

Nigerians Can Pay Bills With CBDC eNaira
Nigerians Can Pay Bills With CBDC eNaira
May 10, 2022  |  CBDC

The Central Bank of Nigeria (CBN) became the latest governmental body to allow bill payments using digital currency when it approved the use of the...

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TerraUSD’s Price Collapse Shows Vulnerability of Dollar-Pegged Cryptos
TerraUSD’s Price Collapse Shows Vulnerability of Dollar-Pegged Cryptos
May 10, 2022  |  Digital Payments

TerraUSD, one of the largest stablecoins in crypto, may have escaped a classic bank-run-style death spiral Monday night (May 9) thanks to a massive cash...

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Today in Crypto: Tanzania Eyes Creating Own CBDC; El Salvador Buys 500 More Bitcoin
Today in Crypto: Tanzania Eyes Creating Own CBDC; El Salvador Buys 500 More Bitcoin
May 09, 2022  |  Cryptocurrency

Tanzania is coming closer debuting a central bank digital currency (CBDC), which it hopes will compete with crypto’s popularity in that country, a report from...

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What if They Built a Digital Dollar and No One Used It?
What if They Built a Digital Dollar and No One Used It?
May 09, 2022  |  CBDC

There have been countless discussions, and more than a few arguments, for and against the need for a U.S. central bank digital currency (CBDC). What’s...

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CBDC Weekly: BIS Says 90% Central Banks Exploring Digital Currency; Call to Slow Down Digital Rupee; Philippines Plans Q4 Pilot of Wholesale CBDC
CBDC Weekly: BIS Says 90% Central Banks Exploring Digital Currency; Call to Slow Down Digital...
May 09, 2022  |  CBDC

Nine out of 10 central banks surveyed by the Bank for International Settlements (BIS) said that they are at least exploring a central bank digital...

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EMTECH, HaitiPay Demo CBDC Proof of Concept for Haitian Market
EMTECH, HaitiPay Demo CBDC Proof of Concept for Haitian Market
May 05, 2022  |  CBDC

EMTECH, a central bank digital currency (CBDC) infrastructure provider, has collaborated with HaitiPay to demo its first CBDC and FinTech proof of concept. Get the...

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EU Commissioner Urges Global Collaboration for Crypto Regulation 
EU Commissioner Urges Global Collaboration for Crypto Regulation 
May 03, 2022  |  Cryptocurrency

Mairead McGuiness, European commissioner for financial services, financial stability and capital markets union, called on regulators to adopt a global approach to regulate cryptocurrencies and...

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Public Comments Reveal Widespread Misunderstanding About Digital Euro’s Role
Public Comments Reveal Widespread Misunderstanding About Digital Euro’s Role
April 19, 2022  |  CBDC

After scrolling through the 11,000-plus comments the European Commission has received about its digital euro project, it isn’t hard to get flashbacks to the reception...

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European Commission’s Consultation on Digital Euro Goes Beyond CBDC
European Commission’s Consultation on Digital Euro Goes Beyond CBDC
April 14, 2022  |  CBDC

Europe is preparing the ground for a digital euro and it doesn’t want to miss this opportunity to evaluate the whole European payment system. Get...

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