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

Hungary’s Perfinal Launches CBDC-ready Platform That Creates Digital Banks

Hungary’s Perfinal Launches CBDC-ready Platform That Creates Digital Banks
Hungary’s Perfinal Launches CBDC-ready Platform That Creates Digital Banks
October 14, 2021  |  Digital-First Banking

Perfinal, the Hungarian core banking provider, says its new platform will be ready for central bank digital currencies (CBDCs), a press release says. Get the...

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In Brazil, Bitcoin Acceptance Comes With More Regulation
In Brazil, Bitcoin Acceptance Comes With More Regulation
October 04, 2021  |  Payment Methods

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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No Plans to Ban Crypto in US – But Digital Dollar May Eventually Win Out
No Plans to Ban Crypto in US – But Digital Dollar May Eventually Win Out
October 04, 2021  |  CBDC

In the United States, there will be no ban on cryptocurrencies — but one wonders what will become of central bank digital currencies, in particular...

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New Zealand Central Bank Seeks Public Feedback on CBDC
New Zealand Central Bank Seeks Public Feedback on CBDC
September 30, 2021  |  CBDC

The Reserve Bank of New Zealand (RBNZ) released two issues papers on Thursday (Sept. 30) that outline the central bank’s thoughts about the pros and...

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BoE Enlists Payments, FinTech Firms to Study CBDC
BoE Enlists Payments, FinTech Firms to Study CBDC
September 29, 2021  |  CBDC

The Bank of England has staffed two third-party working groups, which will provide input as the central bank looks into a central bank digital currency...

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Nigeria’s Central Bank Debuts eNaira Website Ahead of Oct. 1 Currency Launch
Nigeria’s Central Bank Debuts eNaira Website Ahead of Oct. 1 Currency Launch
September 28, 2021  |  CBDC

The main website for Nigeria’s central bank digital currency (CBDC) has gone live, indicating that the launch of the eNaira digital currency is on track for...

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BIS Says Central Banks Risk Playing CBDC Catch Up Game
BIS Says Central Banks Risk Playing CBDC Catch Up Game
September 12, 2021  |  Payment Methods

There’s always deep debate about how best to promote innovation in the tech space – particularly when it comes to payments. Get the Full Story...

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Crypto Is Innovative But Risky, European Regulator Says
Crypto Is Innovative But Risky, European Regulator Says
September 10, 2021  |  Cryptocurrency

A new report by the European Securities and Markets Authority (ESMA) calls cryptocurrency both a financial innovation and a possible threat due to the cost...

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Project Dunbar Might Light Match Under US CBDC Efforts
Project Dunbar Might Light Match Under US CBDC Efforts
September 07, 2021  |  Digital Banking

Project Dunbar might light a match under central banks outside of Asia to speed up the development of central bank digital currencies (CBDCs) – including...

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