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

Crypto Is ‘Worth Nothing,’ Lagarde Declares, and Should Be Regulated

Crypto Is ‘Worth Nothing,’ Lagarde Declares, and Should Be Regulated
Crypto Is ‘Worth Nothing,’ Lagarde Declares, and Should Be Regulated
May 22, 2022  |  Cryptocurrency

European Central Bank President Christine Lagarde came down on the side of regulating digital currencies, saying crypto is “based on nothing,” Bloomberg reported Friday (May...

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Today in TechREG: ECB’s Official Praises Euro CBDC Over Stablecoins; New EU Credit Consumer Rules May Come by Summer 
Today in TechREG: ECB’s Official Praises Euro CBDC Over Stablecoins; New EU Credit Consumer Rules...
May 16, 2022  |  Technology

Today in TechREG, two top officials of central banks have criticized crypto assets and the disruption these could bring to the international financial system if...

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ECB’s Panetta: Digital Euro Could Launch Within Four Years
ECB’s Panetta: Digital Euro Could Launch Within Four Years
May 16, 2022  |  CBDC

Fabio Panetta, a member of the European Central Bank’s (ECB) executive board, said Monday (May 16) that a digital euro could become a reality within...

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Today in Crypto: Crypto Assets Lose $800B in Market Value Over Month; UK Promises New Laws to Promote, Seize Crypto
Today in Crypto: Crypto Assets Lose $800B in Market Value Over Month; UK Promises New...
May 10, 2022  |  Cryptocurrency

Crypto assets have lost almost $800 billion in market value in the past month, a report said. Get the Full Story Complete the form to...

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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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