cbdc

CBDC stands for Central Bank Digital Currency. It is a digital form of a country’s sovereign currency that is issued and regulated by the central bank. Unlike cryptocurrencies such as Bitcoin, a CBDC is backed by the government and represents a direct liability of the central bank, aiming to combine the convenience and security of digital payments with the stability of traditional fiat currency.
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  1. ECB Chief Announces Final Phase of Digital Euro Preparation

    ECB Chief Announces Final Phase of Digital Euro Preparation

    ECB Chief Announces Final Phase of Digital Euro Preparation European Central Bank (ECB) President Christine Lagarde has announced the final phase of preparation for the launch of the digital euro — calling it a “symbol of faith in a shared future” and emphasizing the ECB’s commitment to...
  2. ECB signals digital euro readiness for 2029, pending legislation

    ECB signals digital euro readiness for 2029, pending legislation

    ECB Signals Digital Euro Readiness for 2029, Pending Legislation The European Central Bank is advancing its central bank digital currency project, indicating the Eurosystem could be ready for a potential first issuance of a digital euro in 2029—provided EU lawmakers adopt the necessary legal...
  3. China Launches Digital Yuan Settlement Network Bypassing SWIFT

    China Launches Digital Yuan Settlement Network Bypassing SWIFT

    China Launches Digital Yuan Settlement Network Bypassing SWIFT China quietly activated a global settlement system using its digital yuan, cutting out SWIFT and slashing transaction times from days to seconds — a major milestone in the internationalization of its currency. Beijing’s Silent...
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