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...
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...
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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...
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...
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...
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...
Lael Brainard, Vice Chair of the Federal Reserve, will testify before the Committee on Financial Services in the U.S. House of Representatives on Thursday, May 26 to examine the benefits and risks of a U.S. central bank digital currency (CBDC). Get the Full Story Complete...
Circle has responded to a Federal Reserve paper Wednesday (May 25) about the possibilities of a U.S. central bank digital currency (CBDC), saying it could “destabilize” banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...