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

Bank Of England To Revamp Payments, Eyes Digital Currency

Bank Of England To Revamp Payments, Eyes Digital Currency
Bank Of England To Revamp Payments, Eyes Digital Currency
July 30, 2020  |  Digital-First Banking

The Bank of England (BoE) is pushing ahead with an overhaul of a key part of the United Kingdom’s financial payments infrastructure. Get the Full...

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Bitcoin Daily: Teller Notches $1M For DeFi Credit Risk Protocol; Thailand’s Central Bank Experiments With CBDC; Crypto Trader Accused In $4.5M Fraud Case
Bitcoin Daily: Teller Notches $1M For DeFi Credit Risk Protocol; Thailand’s Central Bank Experiments With...
July 16, 2020  |  Bitcoin

Blockchain initiative Teller has notched $1 million in a Framework Ventures-led seed capital to create a decentralized finance (DeFi) credit risk tool, according to an...

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Government Entities Deepen Blockchain Payments Exploration
Government Entities Deepen Blockchain Payments Exploration
July 15, 2020  |  B2B Payments

Digital currencies continue to make their way into the mainstream, with government entities elevating their exploration of the technology. Get the Full Story Complete the...

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Bank Of England Chief Sees Bank-Backed Digital Currency On Horizon
Bank Of England Chief Sees Bank-Backed Digital Currency On Horizon
July 13, 2020  |  Cryptocurrency

The Bank of England (BoE) continues to send bullish signals about the potential for bank-backed digital currency, but anyone hoping for a quick launch is...

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BIS To Open Four New Innovation Hubs Over Next Two Years
BIS To Open Four New Innovation Hubs Over Next Two Years
July 01, 2020  |  Banking

The Bank for International Settlements (BIS) Innovation Hub is planning on adding four new locations in Europe and North America, according to a press release....

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Bitcoin Daily: Australia Sees Rise In Crypto-Asset Scams; Sweden’s Central Bank Eyes Options For Digital Currencies
Bitcoin Daily: Australia Sees Rise In Crypto-Asset Scams; Sweden’s Central Bank Eyes Options For Digital...
June 24, 2020  |  Bitcoin

The Australian Securities & Investment Commission (ASIC) has reported an increase in the volume of investment scam reports by investors and consumers in Australia amid...

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction
Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction
June 23, 2020  |  B2B Payments

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. Get the Full Story Complete the...

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Bank Of Thailand Plans Digital Payments System Prototype
Bank Of Thailand Plans Digital Payments System Prototype
June 19, 2020  |  Cryptocurrency

The Bank of Thailand plans to work on a new payment system for businesses using Central Bank Digital Currency (CBDC), according to a press release,...

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China Proposes East-Asian Digital Currency
China Proposes East-Asian Digital Currency
June 17, 2020  |  Cryptocurrency

A growing number of nations are looking to develop digital versions of their currencies, and now there might be regional initiatives taking shape to target...

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