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

Singapore-Based DBS Launches Digital Yuan Merchant Collection Solution in China
Singapore-Based DBS Launches Digital Yuan Merchant Collection Solution in China
July 07, 2023  |  CBDC

DBS has launched a digital yuan (e-CNY) merchant collection solution and completed its first e-CNY transaction for a client. Get the Full Story Complete the form...

READ MORE >
Will Private Blockchain and the Fed Make Tokenized Deposits Mainstream?
Will Private Blockchain and the Fed Make Tokenized Deposits Mainstream?
July 07, 2023  |  CBDC

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
NY Fed: Digital Dollar Could Improve Cross-Border Payments
NY Fed: Digital Dollar Could Improve Cross-Border Payments
July 06, 2023  |  CBDC

The New York Federal Reserve said a digital dollar could improve cross-border and domestic payments. Get the Full Story Complete the form to unlock this article...

READ MORE >
EU Wants Digital Euro to Complement Cash, Not Replace It
EU Wants Digital Euro to Complement Cash, Not Replace It
June 28, 2023  |  CBDC

The European Commission (EC) says a digital euro should complement cash, not replace it. Get the Full Story Complete the form to unlock this article...

READ MORE >
ECB Proposal: Benefits of Digital Euro Outweigh the Costs
ECB Proposal: Benefits of Digital Euro Outweigh the Costs
June 26, 2023  |  CBDC

The European Union will reportedly publish draft rules governing a digital euro this week. Get the Full Story Complete the form to unlock this article...

READ MORE >
eCurrency Mint and CMA Form RTGS/CBDC Partnership
eCurrency Mint and CMA Form RTGS/CBDC Partnership
June 26, 2023  |  CBDC

eCurrency Mint has joined forces with financial markets solutions provider CMA. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
Swiss National Bank Preps Test of Wholesale CBDC
Swiss National Bank Preps Test of Wholesale CBDC
June 26, 2023  |  CBDC

Switzerland’s central bank is reportedly planning to issue a wholesale digital currency. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
IMF Director: 10 Central Banks ‘Crossing the Finish Line’ on CBDC
IMF Director: 10 Central Banks ‘Crossing the Finish Line’ on CBDC
June 19, 2023  |  CBDC

The International Monetary Fund (IMF) is working on a worldwide central bank digital currency (CBDC) infrastructure. Get the Full Story Complete the form to unlock this...

READ MORE >
Thailand Begins Pilot Retail CBDC Project
Thailand Begins Pilot Retail CBDC Project
June 13, 2023  |  CBDC

Thailand’s central bank has launched a pilot retail central bank digital currency (CBDC) project. Get the Full Story Complete the form to unlock this article...

READ MORE >