An advisor to the European Central Bank (ECB) is defending the decision to make Amazon one of the five companies to test a digital euro. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Fabio Panetta, Member of the Executive Board of the European Central Bank (ECB), has a speech in which he touts the opportunity for central bank digital currencies (CBDCs) to enhance payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Nearly a year after its launch in October 2021, Nigeria’s central bank digital currency (CBDC), the eNaira, is beginning to gain traction in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Negotiations on a stablecoin regulatory bill last week indicated that the congressional sense of urgency on a U.S. central bank digital currency (CBDC) isn’t very strong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
It probably isn’t a coincidence that Bank of America’s cryptocurrency team stomped on the brakes regarding its prediction of a digital dollar as soon as 2025 right after the White House released a report on the technical challenges of a U.S. digital dollar. Get the...
Bank of America strategists are revising an earlier prediction that the U.S. would issue a digital dollar by the end of the decade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
While the Treasury Department report on “The Future of Money and Payments” was as carefully neutral as ever about the need for and desirability of a digital dollar, a great deal of attention was paid to the topic in the Sept. 16 report, one of...
One striking aspect of the Treasury Department’s Friday (Sept. 16) report, “The Future of Money and Payments” is how little space it dedicated to address banks’ fears about being disintermediated by a central bank digital currency (CBDC). Get the Full Story Complete the form to...
The European Central Bank (ECB) has selected five companies to be involved in a “prototyping exercise” that will be part of its two-year investigation phase into a digital euro, a central bank digital currency (CBDC) that could be used as an alternative to cash. Get...
