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)

Fed’s Powell Says X-Border Payments One Of ‘Less Efficient’ Areas Of Financial System
Fed’s Powell Says X-Border Payments One Of ‘Less Efficient’ Areas Of Financial System
March 18, 2021  |  Payment Methods

Cross-border payments represent a big opportunity for firms worldwide — more than $120 trillion in payments volume flows each year between business trading partners globally,...

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Reserve Bank Of India Cautions On Central Bank Digital Currencies
Reserve Bank Of India Cautions On Central Bank Digital Currencies
March 03, 2021  |  Digital Payments

Nothing in life is all positive. Chocolate? Comes with calories. Love? It’s fickle. Even newborn babies will fill you with gratitude, but will drain you of...

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China’s CBDC  ‘Dress Rehearsal’ Sets Stage for Other Central Banks
China’s CBDC ‘Dress Rehearsal’ Sets Stage for Other Central Banks
January 04, 2021  |  Payment Methods

For digital currencies, as goes China, so will go the world? China, as is well-known, is in the midst of pilot programs tied to its...

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Bahamas Launches Digital Sand Dollar; Adds To Rise Of Central Bank Digital Currencies
Bahamas Launches Digital Sand Dollar; Adds To Rise Of Central Bank Digital Currencies
December 18, 2020  |  Cryptocurrency

Facebook’s Libra might be fading a bit as a perceived threat to monetary systems that have been in place around the globe for centuries. But...

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Bitcoin Daily: Didi Joins China’s Digital Yuan Testing; Putin Orders Russian Gov’t Workers, Officials To Disclose Crypto Assets
Bitcoin Daily: Didi Joins China’s Digital Yuan Testing; Putin Orders Russian Gov’t Workers, Officials To...
December 13, 2020  |  Bitcoin

Russian president Vladimir Putin has signed an order directing public officials to report cryptocurrency holdings, CoinDesk reports. The order signed Thursday (Dec. 10) requires both...

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China Trials Digital Yuan By Giving Away $1.5M
China Trials Digital Yuan By Giving Away $1.5M
October 12, 2020  |  Cryptocurrency

China’s central bank is issuing 10 million yuan ($1.5 million) worth of digital currency to 50,000 people chosen by lottery in the country’s first trial run...

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The Lures – And Challenges – Of Central Bank Digital Currencies
The Lures – And Challenges – Of Central Bank Digital Currencies
October 09, 2020  |  Cryptocurrency

Beyond bitcoin – that marquee name of crypto and its brethren, which have yet to escape wild price swings and speculative fervor – lies the...

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EU Bankers Weigh Risks, Rewards of CBDC – and Cash’s Staying Power
EU Bankers Weigh Risks, Rewards of CBDC – and Cash’s Staying Power
September 15, 2020  |  Cryptocurrency

Central bank digital coins on the Continent – but plenty of room for cash. To that end, Bloomberg reported at least some financial regulators from...

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For China, Digital Yuan Sprinting Toward Olympics?
For China, Digital Yuan Sprinting Toward Olympics?
August 26, 2020  |  International

Let the digital currency games begin. When it comes to central bank digital currencies (CBDCs), there is a wide gulf between concept and reality, between...

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