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

China’s Digital Yuan Captures $8.3B in Payments Over 6 Months

China’s Digital Yuan Captures $8.3B in Payments Over 6 Months
China’s Digital Yuan Captures $8.3B in Payments Over 6 Months
January 18, 2022  |  CBDC

China’s digital yuan trials captured $8.3 billion of the country’s payments market in the past six months and $13.68 billion in the past two years,...

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The Swiss National Bank Completes Wholesale CBDC Transactions With Five Commercial Banks 
The Swiss National Bank Completes Wholesale CBDC Transactions With Five Commercial Banks 
January 17, 2022  |  CBDC

 Switzerland’s National Bank (SNB) has approved a wide swath of transactions involving central bank digital currency (CBDC), the country’s monetary authority announced.  Get the Full Story...

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Congressman’s Bill To Ban Fed’s CBDC Will Heat Up Debate
Congressman’s Bill To Ban Fed’s CBDC Will Heat Up Debate
January 17, 2022  |  CBDC

Last week, Republican Congressman Tom Emmer introduced a bill prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. Get...

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China Is Building Its Own NFT Behind the Great Firewall
China Is Building Its Own NFT Behind the Great Firewall
January 14, 2022  |  Blockchain

Nonfungible tokens (NFTs) are so hot, China can’t ignore them anymore. So, it’s building a more controllable platform for digital collectables. And only the digital...

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Bank of Israel Studies Potential of Digital Shekel
Bank of Israel Studies Potential of Digital Shekel
January 13, 2022  |  CBDC

Israeli policymakers have broadened the scope of their research into launching a central bank digital currency (CBDC) as the Bank of Israel scrambles to avoid...

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Visa, Swiss Central Bank Efforts Latest Examples of 2022 CBDC Push
Visa, Swiss Central Bank Efforts Latest Examples of 2022 CBDC Push
January 13, 2022  |  CBDC

For central bank digital currencies (CBDCs), pilots, pilots everywhere — and some actual launches, too. Get the Full Story Complete the form to unlock this...

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Visa Teams with ConsenSys for Central Bank Digital Currency Pilot
Visa Teams with ConsenSys for Central Bank Digital Currency Pilot
January 13, 2022  |  CBDC

Visa is collaborating with the blockchain software company ConsenSys to launch a central bank digital currency (CBDC) pilot program to test retail applications like cards...

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A Year Later, Fed Chair Again Promises Crypto, CBDC Report ‘Soon’
A Year Later, Fed Chair Again Promises Crypto, CBDC Report ‘Soon’
January 11, 2022  |  CBDC

Federal Reserve Chairman Jerome Powell said the long-awaited digital currency report will be out “in the coming weeks.”  Get the Full Story Complete the form...

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India’s Central Bank Starts FinTech Division
India’s Central Bank Starts FinTech Division
January 10, 2022  |  International

India’s central bank is setting up a FinTech department to drive innovation, oversee the exchange of cryptocurrencies and develop regulations for the release of its...

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