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

Stablecoins’ Use Cases Still Emerging As Changes, Regulations Loom 

Stablecoins’ Use Cases Still Emerging As Changes, Regulations Loom 
Stablecoins’ Use Cases Still Emerging As Changes, Regulations Loom 
August 24, 2021  |  Cryptocurrency

There is continued debate over the role of stablecoins – and where they fit within digital commerce, in both commercial and retail settings. These cryptos have...

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Jamaica’s Central Bank Tests Country’s First CBDC
Jamaica’s Central Bank Tests Country’s First CBDC
August 10, 2021  |  International

The Bank of Jamaica (BOJ) minted the first installment of what’s expected to be 230 million JMD (nearly $1.5 million) in central bank digital currency...

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DeFi Propels Crypto’s Path Toward Solving B2B Payments Pain Points
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August 02, 2021  |  Blockchain

One would be hard-pressed to find someone who doesn’t know someone investing in cryptocurrency today. As consumers feel more comfortable in the digital currency waters,...

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IMF, TCH: Risks Can Outweigh Rewards For Cryptocurrencies, CBDCs
IMF, TCH: Risks Can Outweigh Rewards For Cryptocurrencies, CBDCs
August 02, 2021  |  Cryptocurrency

Financial inclusion may be a selling point for digital currencies — but other risks may outweigh those rewards. Get the Full Story Complete the form...

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Expert: CBDC Could Help Ensure US Dollar Maintains Prominence In International Markets
Expert: CBDC Could Help Ensure US Dollar Maintains Prominence In International Markets
July 27, 2021  |  Digital Payments

The establishment of a U.S. central bank digital currency (CBDC) could help ensure that the U.S. dollar maintains its prominence in international markets, an expert...

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Amazon, Big Tech Job Postings Hint At Cryptos’ Retail Future
Amazon, Big Tech Job Postings Hint At Cryptos’ Retail Future
July 25, 2021  |  Retail

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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India Begins To Consider A CBDC
India Begins To Consider A CBDC
July 22, 2021  |  Cryptocurrency

The Reserve Bank of India (RBI) has begun thinking about doing a “phased introduction” of a central bank digital currency (CBDC), amid legal changes needed...

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Today In Payments Around The World: SIBS MB Inks Deal With Discover; China Distributes A Total Of $41.5M Amid Efforts To Speed Digital Yuan Tests
Today In Payments Around The World: SIBS MB Inks Deal With Discover; China Distributes A...
July 13, 2021  |  International

In today’s top payments news around the world, SIBS MB has inked a deal with Discover Financial Services, while China is continuing at a fast...

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BIS Report: CBDCs Can Cut Cross-Border Payments’ Friction Points
BIS Report: CBDCs Can Cut Cross-Border Payments’ Friction Points
July 12, 2021  |  Cryptocurrency

For central bank digital currencies to reach their full potential, banks must look beyond domestic use — and examine CBDCs’ risks and rewards for cross-border...

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