With new technology, especially with new payment methodologies, there are two heavy lifts — the technical infrastructure that makes it all possible, and then the adoption of new behaviors, the transformation of what could be into what is. Get the Full Story Complete the form...
A new bill seeks to purge not just blockchain, but all digital ledgers from the digital dollar. 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...
The Bank for International Settlements (BIS) and four central banks have completed trials of two blockchain-based platforms that a multinational central bank digital currency (CBDC) technical standard could be based on. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Arab Monetary Fund (AMF) has named RippleNet as a potential alternative to adopting central bank digital currencies (CBDCs), a report said Sunday (March 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
With its prominent inclusion in President Joe Biden’s executive order on crypto, the topic of a U.S. central bank digital currency (CBDC) was back on top of a lot of minds this week, and a couple of noteworthy trends can be seen — mostly related...
The Bank of Canada is teaming up with the Massachusetts Institute of Technology (MIT) on a 12-month research project that’s focused on the design of a potential Central Bank Digital Currency (CBDC), according to a Cointelegraph report Thursday (March 17). Get the Full Story Complete...
Ghana is looking to make sure its digital currency will work on a popular payment platforms operated by mobile-phone service providers, Bloomberg reported Tuesday (March 15). The proposed use of eCedi in the West African country must be intuitive and improve financial inclusion, the Bank...
As the move to create central bank digital currencies (CBDCs) expands around the world, it’s worth stepping back and asking why. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The question of whether the U.S. needs a digital dollar moved far higher up the political agenda this week, as the need for a central bank digital currency (CBDC) played a leading role in President Joe Biden’s eagerly awaited executive order on regulating cryptocurrencies. Get...
