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 Gain Ground With Fraudsters Looking to Move Beyond Bitcoin

Stablecoins Gain Ground With Fraudsters Looking to Move Beyond Bitcoin
Stablecoins Gain Ground With Fraudsters Looking to Move Beyond Bitcoin
January 18, 2024  |  Cryptocurrency

Stablecoins have held the promise of serving as a link between the cryptocurrency realm and traditional financial services. Get the Full Story Complete the form...

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ECB Drafts First Chapters of Digital Euro Rulebook
ECB Drafts First Chapters of Digital Euro Rulebook
January 05, 2024  |  CBDC

The European Central Bank (ECB) Rulebook Development Group (RDG) has drafted the first chapters of a digital euro rulebook. Get the Full Story Complete the...

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UK Lawmakers Still Not Sold on Digital Pound
UK Lawmakers Still Not Sold on Digital Pound
December 03, 2023  |  CBDC

British lawmakers say they’re still not sure their country needs a digital currency. Get the Full Story Complete the form to unlock this article and...

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BIS: CBDCs Need Risk Management Framework to Counter ’Operational Risks’
BIS: CBDCs Need Risk Management Framework to Counter ’Operational Risks’
December 01, 2023  |  CBDC

Scores of central bank digital currency (CBDC) initiatives are in the works or already active — and yet pose some key concerns for central banks....

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Bank of Korea to Launch Retail CBDC Pilot Program
Bank of Korea to Launch Retail CBDC Pilot Program
November 30, 2023  |  Cryptocurrency

The Bank of Korea plans to launch a pilot program for its retail central bank digital currency (CBDC) in the fourth quarter of 2024. Get the Full...

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IMF, World Bank and BIS Collaborating on Uses of Tokenization
IMF, World Bank and BIS Collaborating on Uses of Tokenization
November 28, 2023  |  Payments Innovation

The International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) have reportedly joined forces to explore the concept of tokenization. Get the Full Story Complete the...

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Bank for International Settlements: Digital Euro Project Enters ‘Preparation Phase’
Bank for International Settlements: Digital Euro Project Enters ‘Preparation Phase’
November 22, 2023  |  CBDC

The digital euro is feasible, and now comes the next chapter. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Mastercard Says Robust Payment Networks Prevent Need for Retail CBDC
Mastercard Says Robust Payment Networks Prevent Need for Retail CBDC
November 17, 2023  |  CBDC

Mastercard said the widespread adoption of central bank digital currencies (CBDCs) faces challenges due to consumer comfort with traditional forms of money. Get the Full...

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Monetary Authority of Singapore Unveils Plans for Digital Money 
Monetary Authority of Singapore Unveils Plans for Digital Money 
November 16, 2023  |  CBDC

The Monetary Authority of Singapore (MAS) has unveiled a series of initiatives aimed at ensuring the secure and innovative utilization of digital money in the country.  Get...

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