There have been countless discussions, and more than a few arguments, for and against the need for a U.S. central bank digital currency (CBDC). What’s been missing, to a large degree, is analysis about whether the general public actually wants a CBDC, or if they...
Nine out of 10 central banks surveyed by the Bank for International Settlements (BIS) said that they are at least exploring a central bank digital currency (CBDC), and half are actively developing a digital version of their fiat money. Get the Full Story Complete the...
Ninety percent of the central banks surveyed by the Bank for International Settlements are exploring the creation a central bank digital currency (CBDC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
EMTECH, a central bank digital currency (CBDC) infrastructure provider, has collaborated with HaitiPay to demo its first CBDC and FinTech proof of concept. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Technically, the Central African Republic’s (CAR’s) decision to make bitcoin a legal tender alongside the regional CFA Franc isn’t central bank digital currency (CBDC) news. In some ways, it’s the opposite, as many CBDC projects are aimed at preventing the use of cryptocurrencies, and particularly...
Citizens in China have reportedly begun paying taxes with the digital yuan as part of a pilot program in the Zhejiang province. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
After scrolling through the 11,000-plus comments the European Commission has received about its digital euro project, it isn’t hard to get flashbacks to the reception a different type of digital currency received last year. Get the Full Story Complete the form to unlock this article...
While followers of central bank digital currencies (CBDCs) have generally been tracking 85 to 91 projects, a new study by top consulting and accounting firm PwC found that 80% of central banks around the world are at least considering adding a digital version of their...
Europe is preparing the ground for a digital euro and it doesn’t want to miss this opportunity to evaluate the whole European payment system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
