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 Lottery Shows Increased Focus On CBDC For Retail

China’s Lottery Shows Increased Focus On CBDC For Retail
China’s Lottery Shows Increased Focus On CBDC For Retail
June 02, 2021  |  Cryptocurrency

To crowd out the cryptos, hand out the central bank digital currency (CBDC). To that end, China is ramping up pilots of its soon-to-be-widely deployed digital...

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Beijing’s $6.2 Million Lottery Offers Chance To Pilot Digital Yuan
Beijing’s $6.2 Million Lottery Offers Chance To Pilot Digital Yuan
June 02, 2021  |  Cryptocurrency

China is holding a 40 million renminbi ($6.2 million) lottery in Beijing to continue its digital yuan pilot program, CNBC reported, citing the Beijing Local...

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Swedish Central Bank Working With Handelsbanken For Digital Coin Trial
Swedish Central Bank Working With Handelsbanken For Digital Coin Trial
May 28, 2021  |  Cryptocurrency

Sweden’s central bank Riksbank said on Friday (May 28) that it is collaborating with lender Handelsbanken to test the digital currency e-krona, Reuters reported. Get...

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Bank Of Mauritius Looking To Launch CBDC Pilot This Year
Bank Of Mauritius Looking To Launch CBDC Pilot This Year
May 26, 2021  |  Cryptocurrency

The Bank of Mauritius is aiming to launch a central bank digital currency (CBDC) by the end of this year, CoinDesk reported. Get the Full Story...

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Fed Governor: US Has CBDC Hurdles To Clear
Fed Governor: US Has CBDC Hurdles To Clear
May 24, 2021  |  Cryptocurrency

Is the U.S. ready for a digital dollar? Not just yet, Federal Reserve Governor Lael Brainard said in a speech at CoinDesk’s Consensus 2021 on...

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Volatile Crypto Markets Grab Attention Of Central Bankers, Investors 
Volatile Crypto Markets Grab Attention Of Central Bankers, Investors 
May 21, 2021  |  Cryptocurrency

Investors aren’t the only ones paying more attention to cryptocurrency trading lately, as a span of wild market gyrations has increasingly put this budding asset...

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Kazakhstan Central Bank Eyes Creating Digital Tenge Currency
Kazakhstan Central Bank Eyes Creating Digital Tenge Currency
May 06, 2021  |  Cryptocurrency

Kazakhstan is the latest country to potentially consider a central bank digital currency (CBDC), according to Coindesk Thursday (May 6). Get the Full Story Complete...

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Bitcoin Daily: Sotheby’s Teams With Coinbase To Accept Crypto At Auction; Binance CEO: CBDCs Will Be More Restrictive Than Current Crypto
Bitcoin Daily: Sotheby’s Teams With Coinbase To Accept Crypto At Auction; Binance CEO: CBDCs Will...
May 05, 2021  |  Cryptocurrency

In a partnership with Coinbase, art marketplace Sotheby’s now accepts bitcoin and ethereum payments for art, beginning with Banksy’s Love is in the Air picture....

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Today In Payments: European Banks Could Cut Business Trips By 50 Pct; Amazon Pilots Customer Engagement Platform For Brands
Today In Payments: European Banks Could Cut Business Trips By 50 Pct; Amazon Pilots Customer...
April 26, 2021  |  News

In today’s top news, some of Europe’s biggest banks could cut business trips by 50 percent, and Amazon is testing a new merchant-enabled, email-driven customer...

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