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  2. Central bank digital currency - Wikipedia

    en.wikipedia.org/wiki/Central_bank_digital_currency

    A central bank digital currency (CBDC; also called digital fiat currency [1] or digital base money [2]) is a digital currency issued by a central bank, [3] rather than by a commercial bank. It is also a liability of the central bank and denominated in the sovereign currency, [ 4 ] as is the case with physical banknotes and coins.

  3. Digital euro - Wikipedia

    en.wikipedia.org/wiki/Digital_euro

    Retail CBDC for personal use; Wholesale CBDC for banks and savings banks; Giral money tokens [31] for industrial use; The Association of German Banks supports the introduction of a digital euro. In a position paper published in February 2023, the private banks emphasize the evolution of cash, their role in its issuance, its openness to ...

  4. History of central bank digital currencies by country - Wikipedia

    en.wikipedia.org/wiki/History_of_central_bank...

    This feature was originally designed for people in rural areas who do not have reliable internet access. [11] After the successful CBDC pilot, Suzhou City Municipal signed a Memorandum of Understanding (MoU) with the New York-based blockchain startup, Cypherium for the company to help the city in the development of products in the city.

  5. India's Central Bank to Start Wholesale CBDC Pilot Nov. 1

    www.aol.com/news/indias-central-bank-start...

    The Reserve Bank of India will begin its wholesale e-rupee pilot project on Nov. 1 with a focus on settlement of secondary market transactions in government securities.

  6. Jamaica’s Central Bank to Start CBDC Pilot With Financial ...

    www.aol.com/news/jamaica-central-bank-start-cbdc...

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  7. Digital rupee - Wikipedia

    en.wikipedia.org/wiki/Digital_rupee

    As per RBI, CBDC will be an additional payment avenue for users and is not meant for replacing existing payment systems. The objective behind CBDC is to support and encourage the growing digital economy, reduce cost of physical cash management, create an efficient monetary payment system and further increase financial inclusion.

  8. Heads up if you’re a freelancer or small business owner: The ...

    www.aol.com/heads-freelancer-small-business...

    Familiarize yourself with how the platforms where you do business plan to handle their 1099-K reporting and what they may need from you to facilitate that. They may, like Venmo and Etsy , have a ...

  9. Central bank - Wikipedia

    en.wikipedia.org/wiki/Central_bank

    Since 2017, prospect of implementing Central Bank Digital Currency (CBDC) has been in discussion. [69] As of the end of 2018, at least 15 central banks were considering to implementing CBDC. [70] Since 2014, the People's Bank of China has been working on a project for digital currency to make its own digital currency and electronic payment systems.

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