Most of the central banks in western countries have formally adopted a neutral position when it comes to the decision of whether to issue a retail Central Bank Digital Currency (CBDC). The Federal Reserve, the Bank of England and the European Central Bank (ECB), just...
The Bank for International Settlement has its “2022 Annual Economic Report” coming out next week and wanted to highlight its opinion of cryptocurrencies, releasing that chapter ahead of time on June 21. Get the Full Story Complete the form to unlock this article and enjoy...
Anything that crypto can do, central bank digital currencies (CBDCs) can do better. 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....
A central bank digital currency (CBDC) would help boost the long-term strength of the U.S. dollar, the chair of the Federal Reserve said Friday (June 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A trade group representing the banking industry is urging European Union officials exploring the creation of a digital euro to proceed slowly and carefully. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
UBS Chief Executive Ralph Hamers told an audience at a student educational forum in Milan Tuesday (June 14) that transaction in digital euro could be “fast and cheaper,” Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
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...
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...
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...
