BTC $84,647.31 0.33%
ETH $1,590.24 -0.23%
SOL $134.81 1.37%
PEPE $0.0000071 -1.12%
SHIB $0.000012 0.86%
DOGE $0.15 -0.50%
XRP $2.08 -0.89%
ETH Gas (gwei) 0.34
Cryptonews Tags CBDC

# CBDC (Page 52)

CBDC stands for central bank digital currency, also widely referred to as digital fiat currency, or digital base money. Unlike virtual currency and cryptocurrency, CBDCs are a digital form of fiat money like USD, GBP, or EUR, and its money status is ensured by government regulation, law, and dedicated monetary authority. It is expected that public digital currencies could claim legal tender status by governments in the future, thus challenging the status quo of commercial bank deposits and contemporary payments and banking systems. Potential benefits of CBDC include technological efficiency, tax collection, monitoring and preventing illicit activities, and more financial safety. Potential drawbacks include totalitarian surveillance, financial exclusion, and bank runs on commercial banks.
Central Bank Says CBDC Could Learn From Bitcoin, Rejects Decentralization
The move from fiat currencies to new central bank digital currencies appears to be gaining traction, as one of Europe’s biggest central banks admitted that (unspecified) parts of Bitcoin’s underlying technology could be used in creating a new type of currency.Source: Adobe/Comugnero...
, by Fredrik Vold
Chinese Central Bank Makes it Official: Digital Fiat Tests to Begin
The Chinese central bank, the People’s Bank of China (PBoC), has officially confirmed a number of digital currency testing reports – and has indicated that testing will soon begin in the country’s capital, Beijing.Source: Adobe/Aleksandra SovaThe PBoC has also rushed to insist...
, by Tim Alper
Chinese IT Firms Deny Digital Currency Involvement as Shares Skyrocket
Chinese tech companies have been hurridly issuing statements denying they are involved with digital currencies – as stocks in domestic IT firms continue to soar on exchanges in the Middle Kingdom. Source: Adobe/Blue Planet StudioAnd it seems that even though some leading companies have been...
, by Tim Alper
Digital Yuan Real-world Tests to Begin in May – Chinese Media
Multiple domestic media outlets are reporting today that China is beginning its first tests for what is set to become the world’s first central bank-issued digital currency, with real-world tests coming in May.Source: Adobe/alswartChinese outlets say that the digital yuan, known in China as...
, by Tim Alper
Are these the First Images of China’s Digital Yuan? (UPDATED)
Social media users believe they have captured screenshots of a beta version of China’s much-awaited central bank digital currency (CBDC). (Updated at 13:53 UTC: updates in bold). Source: Adobe/S.GvozdWeChat users are believed to have gained access to the screenshots on Tuesday this week....
, by Tim Alper
IMF Deputy Managing Director Tao Zhang on CBDC Benefits and Risks
Below is a keynote address on central bank digital currency by Tao Zhang, Deputy Managing Director at the International Monetary Fund. London School of Economics, February 28, 2020. ___Source: Adobe/flydragonTao Zhang. Source: imf.orgIt’s a real pleasure for me to be here for this conference...
, by Tao Zhang
Exclusive: QE Won’t Trigger Hyperinflation, says World’s Hyperinflation Expert
Hyperinflation doesn't happen as easily as one may think. "If there hadn't been quantitative easing in 2008, instead of a great recession, we would have had a great depression." Private currency boards would make central banks more disciplined.The central bank of Zimbabwe issued a...
, by Sead Fadilpašić
US Digital Dollar Proposal Appeared in Three Draft Bills (UPDATED)
In the midst of rising business shutdowns and unemployment rates in the U.S., which may lead to a nationwide, as well as a global recession, U.S. politicians voiced an idea of a "digital dollar". (Updated at 16:48 UTC: updates in bold). Source: Adobe/Alexey NovikovAs a response to the growing...
, by Sead Fadilpašić
China Worries Driving South Korean Central Bank to CBDC Research
The South Korean central bank is launching a second central bank digital currency (CBDC) team – a year after disbanding its first group of CBDC researchers.Source: iStock/nunawwoofyThe central Bank of Korea (BOK) announced its intentions to launch the new unit, which it says will conduct...
, by Tim Alper
1 … 50 51 52
Showing 816 - 825 out of 825
Recommended Articles
Bitcoin Holds $84.6K — Trump & Kraken Steal the Show
2025-04-18 09:57:27
Manta Network Co-Founder Targeted in Sophisticated Zoom Phishing Attack Using Deepfake Videos
2025-04-18 07:49:52
Entertainment Mogul David Geffen Countersues Justin Sun Over Disputed Multimillion-Dollar Sculpture
2025-04-18 07:45:02
Yemenis Turn to DeFi as Sanctions Cut Off Traditional Banking: Report
2025-04-18 06:35:04
Non-KYC Exchange eXch to Close After Scrutiny Over Alleged Lazarus Group Links
2025-04-18 05:54:02
Kraken Trims Workforce Across Departments Ahead of Potential Listing: Report
2025-04-18 04:58:52
Slovenia Proposes 25% Tax on Crypto Profits in New Draft Law
2025-04-18 05:01:22
Read More Articles

Cryptonews in numbers

editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors