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

EU’s ‘DLT Pilot’ to Trade Tokenized Securities Wins Political, Regulatory Support

EU’s ‘DLT Pilot’ to Trade Tokenized Securities Wins Political, Regulatory Support
EU’s ‘DLT Pilot’ to Trade Tokenized Securities Wins Political, Regulatory Support
April 13, 2022  |  Blockchain

The European Parliament (EP), the European Securities and Markets Authority (ESMA) and the industry are backing the EU’s efforts to create a pilot regime for...

READ MORE >
DTCC Launches Digital Currency Project
DTCC Launches Digital Currency Project
April 12, 2022  |  CBDC

The Depository Trust & Clearing Corporation (DTCC) announced the launch of a new central bank digital currency (CBDC) project Tuesday (April 12). Get the Full...

READ MORE >
OCC’s Comptroller Wants Stablecoins to Be Interoperable With US CBDC 
OCC’s Comptroller Wants Stablecoins to Be Interoperable With US CBDC 
April 11, 2022  |  CBDC

In a speech delivered on April 8, 2022 at Georgetown University, Michael Hsu, Acting Comptroller of the Office of the Comptroller of the Currency (OCC),...

READ MORE >
Yellen Speech on Crypto Calls for New, Faster Payments System
Yellen Speech on Crypto Calls for New, Faster Payments System
April 07, 2022  |  Cryptocurrency

Even though there will be no policy bombshells in Treasury Secretary Janet Yellen’s first speech focused entirely on digital assets, the need to build better...

READ MORE >
Digital Euro Will Balance Privacy, Anti-Money Laundering Concerns, Finance Ministers Say
Digital Euro Will Balance Privacy, Anti-Money Laundering Concerns, Finance Ministers Say
April 04, 2022  |  CBDC

A new digital euro will offer more privacy for smaller transactions — though full anonymity is still apparently off the table, Coindesk wrote Monday (April...

READ MORE >
Citi’s Magical MetaFi Tour Predicts a $13T Metaverse Financial System, Infinite Payment Rails by 2030
Citi’s Magical MetaFi Tour Predicts a $13T Metaverse Financial System, Infinite Payment Rails by 2030
April 04, 2022  |  Metaverse

By 2030, 5 billion people — more than half the world’s population — will be trading in daily drudgery for the metaverse’s 3D immersive virtual...

READ MORE >
China’s Central Bank to Expand Digital Yuan Trials to More Cities
China’s Central Bank to Expand Digital Yuan Trials to More Cities
April 03, 2022  |  CBDC

The Peoples’ Bank of China plans to expand its trial for digital yuan to include more cities, a report Saturday (April 3) from Bloomberg said....

READ MORE >
With AML Proposal, ECB Gives Digital Euro Leg up on Bitcoin Payments
With AML Proposal, ECB Gives Digital Euro Leg up on Bitcoin Payments
March 31, 2022  |  CBDC

On Monday (March 28), EU lawmakers proposed an anti-money laundering (AML) regime that would require identification and screening for any cryptocurrency or stablecoin transaction, no...

READ MORE >
ECB, Fed, BoE Work on an Interoperable CBDC
ECB, Fed, BoE Work on an Interoperable CBDC
March 31, 2022  |  CBDC

In a speech before the European Parliament on Wednesday (March 30), Fabio Panetta, member of the board of the European Central Bank (ECB), said that...

READ MORE >