CBDC

The CBDC Race Is Getting Tougher in Asia: What to Expect When Thailand Rolls Out Its Own Digital Currency?
Apr 08, 2021 at 13:31
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The CBDC Race Is Getting Tougher in Asia: What to Expect When Thailand Rolls Out Its Own Digital Currency?
This decade has witnessed a high wave of central banks wanting to make digital versions of their fiat money, also called the Central Bank Digital Currency (CBDC) following the success of cryptocurrencies. Thailand just announced it would be unveiling its own CBDC next year. What shape does the race take after then?
4 Reasons Central Banks Don't Want to Use Blockchain to Issue CBDC
Apr 04, 2021 at 11:44
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4 Reasons Central Banks Don't Want to Use Blockchain to Issue CBDC
The features presented by blockchain would be forcing central banks to adopt and use the technology on a large scale, but some governments including China, Jamaica, etc., don't want their central banks to use the tech in the issuance and distribution of their own state-backed central bank digital currency (CBDC).
Time and Money: 1 Reason Why Peaceful Co-Existence of CBDC and Cash Is Healthy for Finance
Mar 29, 2021 at 14:11
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Time and Money: 1 Reason Why Peaceful Co-Existence of CBDC and Cash Is Healthy for Finance
As digital payment tools become increasingly widespread, traditional finance is also seeking to create a worthy alternative to the existing means. That is why numerous countries are exploring the potential of Central Bank Digital Currency (CBDC).
The United Kingdom Is Exploring the Potential of Cryptocurrency Despite Conservativeness from Regulators
Mar 10, 2021 at 15:23
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The United Kingdom Is Exploring the Potential of Cryptocurrency Despite Conservativeness from Regulators
When Bitcoin first stepped in the United Kingdom, it was sluggishly welcomed with two hands and people. At first the citizens were reluctant about learning or using Bitcoin since it was still a new technology. But now, the trend of cryptocurrency adoption seems to be growing.
Russian Is Cautious About Cryptocurrency; Prefers Centralized CBDC
Feb 28, 2021 at 10:19
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Russian Is Cautious About Cryptocurrency; Prefers Centralized CBDC
The digitalisation of the financial industry and the economy at large as well as the development of fintech increased public demand for cryptocurrency and advanced payment methods in Russia. However, the position of the country on cryptocurrency is still not clear.
Indian Billionaire Supports the Reserve Bank of India to Ban Cryptocurrency
Feb 27, 2021 at 10:26
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Indian Billionaire Supports the Reserve Bank of India to Ban Cryptocurrency
The story of banning Bitcoin in India seems not to be any near to the end. At first, it was the country's Reserve Bank (RBI) calling for the immediate ban of cryptocurrencies. Now, it's the people and businessmen themselves that are calling for the government to put a total ban on Bitcoin.
3 Main Principles Driving the Development of CBDC and Their Implications for Cryptocurrency
Feb 17, 2021 at 14:53
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3 Main Principles Driving the Development of CBDC and Their Implications for Cryptocurrency
Many countries are shifting towards introducing their own state-backed digital currencies. Central banks are exploring the potential of CBDCs. But is this effort really a good move on the rest of private coins including Bitcoin, Ethereum, and XRP?
3 Major Economic Implications of Central Bank Digital Currencies
Jan 31, 2021 at 15:23
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3 Major Economic Implications of Central Bank Digital Currencies
The COVID-19 pandemic has opened the eyes of many central banks and has now taken a route of fintech innovation. Some of the major tools being currently looked at is introducing central bank digital currency (CBDC) into the finance and banking industry. But the main question is how these new forms of digital currencies impact the economy.
Cryptocurrency and COVID-19: Industry is Growing Amidst Pandemics, CBDC on the Way
Jan 29, 2021 at 16:21
News
Cryptocurrency and COVID-19: Industry is Growing Amidst Pandemics, CBDC on the Way
Numerous countries and health organizations around the world have been researching all possible ways of preventing the spread of COVID-19. Among other means is switching all possible activity including payment to the online mode.
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