The CBDC (Central Bank Digital Currency) are cryptocurrencies that, unlike traditional ones, are backed and issued by the governments of different countries through their central banks.
This is a completely different concept and contrary to the initial idea with which cryptocurrencies were created. Cryptocurrencies seek decentralization and independence from governmental and financial institutions.
In this section you will find all the news about CBDCs and their implementation worldwide.
TL;DR: Expansion of the Financial Perimeter: The People’s Bank of China (PBOC) added 8 financial institutions to the digital yuan (e-CNY) network, reaching 30 authorized operating
TL;DR BRICS bloc countries are exploring ways to link their instant payment systems and CBDCs to reduce costs in cross-border transactions. The Governor of the Reserve
TL;DR South Korea’s CBDC pilot completed live payments across more than 80,000 wallets with no independent post-launch security audit. The only formal evaluation was conducted by
TL;DR: Imposition of the financial panopticon: The Bank of Russia is forcing systemically important banks and major retailers to implement the digital ruble by September 1,
TL;DR: The Bank of Korea’s CBDC advances to its second phase, integrating deposit tokens into existing commercial banking systems. Participants will be able to use the
TL;DR Senate and House negotiators agreed on updated housing legislation that would block the Fed from issuing a U.S. CBDC through December 31, 2030. The bill
TL;DR: South Carolina enacted a comprehensive crypto framework banning state and local authorities from accepting, requiring or testing central bank digital currency payments. The law protects
TL;DR: Former CFTC director Timothy Massad stated that a U.S. CBDC is inevitable and is being privately explored despite Trump’s public opposition. U.S. officials participate in
TL;DR: Republican lawmakers seek to permanently ban CBDCs in the U.S., removing the 2030 temporary limit included in a housing bill. Representative Warren Davidson warned that
TL,DR: Disguised centralization: The ECB is partnering with technical bodies to unify payments under its direct control. Astronomical cost: It is estimated that implementation will cost
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