CBDC

CBDC
CBDC Weekly: Government-Issued Digital Currencies Have a Big PR Problem
June 13, 2022

The European Union is closing its public consultation period Tuesday (June 14) regarding its intention to launch a digital euro, with the central bank digital currency (CBDC) project having received overwhelmingly negative feedback on the idea. Get the Full Story Complete the form to unlock...

CBDC
EU Faces Citizens’ Opposition in Race for Digital Euro
June 13, 2022

The European Commission will close a public consultation on the digital euro on Tuesday (June 14), after feedback from EU citizens indicated that a central bank digital currency (CBDC) may not be as welcomed as regulators had hoped for.  Get the Full Story Complete the...

CBDC
The Clearing House: Digital Dollar Is a Solution in Search of a Problem
June 07, 2022

The banking industry had its say about the Federal Reserve’s ongoing investigation of a digital dollar last week, and it’s fair to say that it fell somewhere between opposition and outrage. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

CBDC
CBDC Weekly: NY Fed Warns About Bank Risks; India Lauds Crypto ‘Killer’; Thai Central Banker...
June 06, 2022

Fed Exec Sees Payments ‘Revolution’ 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...

CBDC
Fed Paper: Retail CBDCs Can Lead to Decline in Bank Balances
June 03, 2022

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...

CBDC
CBDC Weekly: Fed Promises Digital Dollar Won’t Cut Out Banks; PayPal Would Support CBDC
May 31, 2022

Fed: Digital dollar won’t cut out banks 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...

CBDC
Fed’s Vice Chair Tells Banks: Digital Dollar Won’t Cut You Out
May 27, 2022

A federally issued digital dollar will not cut banks out of the banking system. 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...

CBDC
GOP Bill Would Ban App Stores From Supporting Apps That Accept Digital Yuan
May 26, 2022

Republican U.S. lawmakers want to ban app stores from hosting apps that let payments be made with the Chinese digital currency, Reuters reported Thursday (May 26), citing a proposal for legislation seen by the news site. Get the Full Story Complete the form to unlock...

CBDC
CBDCs Give Central Bankers Control When Cash Isn’t King Anymore
May 26, 2022

Much has been made of the need for a digital dollar as a way of reinforcing the U.S. dollar’s role as the world’s reserve currency, making payments faster and cheaper, and bringing the unbanked into the system. Get the Full Story Complete the form to...