A digital euro could be the “Holy Grail” of cross-border payments, according to a recent report by the European Central Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Step by step, Nepal is looking into issuing its own central bank digital currency (CBDC), a report from Beincrypto said Monday (Aug. 8), quoting a local news story. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A bipartisan group of lawmakers wants the Federal Reserve to speed efforts to issue a digital dollar and thus prevent countries like China from endangering the U.S. position as the world’s reserve currency. Get the Full Story Complete the form to unlock this article and...
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A central bank digital currency (CBDC) could be the “holy grail” for cross-border payments, offering a solution that is “immediate, cheap, universal in terms of reach, and settled in a secure settlement medium,” the European Central Bank (ECB) said in a recent report on identifying the ultimate...
The public comments on a U.S. central bank digital currency (CBDC) are running overwhelmingly against a digital dollar, according to a libertarian think tank analyst. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Conventional wisdom holds that, as digital currencies continue to evolve and as bitcoin and its brethren joust with the traditional banking system, central banks would embrace central bank digital currencies (CBDCs) whole-heartedly. Get the Full Story Complete the form to unlock this article and enjoy...
About 50 countries are in the development, pilot or launch phase of a central bank digital currency (CBDC), according to Josh Lipsky, senior director at the Atlantic Council’s GeoEconomics Center. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...