The Bank for International Settlements (BIS) says it has carried out the first pilot of a central bank digital currency (CBDC) involving “four jurisdictions and real-value transactions.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A digital euro isn’t going to replace the United States dollar as the world’s reserve currency and leading international payments currency anytime soon. But it could help weaken it, or even speed its demise. Get the Full Story Complete the form to unlock this article...
The central banks of Sweden and Israel announced Wednesday (Sept. 28) that they will start exploring how central bank digital currencies (CBDCs) can be used for international retail and remittance payments in collaboration with the central bank of Norway and the Bank for International Settlements....
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...
