In a speech Monday (Feb. 14), Mu Changchun, the head of China’s digital yuan project, said the cryptocurrency has not had a very big impact on the country’s financial sector so far. Get the Full Story Complete the form to unlock this article and enjoy...
The introduction of Libra, Facebook’s attempt at digital currency in 2019, energized digital asset proponents who said the new technology would transform the banking landscape with a blockchain-based stablecoin payment and cryptocurrency network. Get the Full Story Complete the form to unlock this article and...
China’s digital yuan may be the largest central bank digital currency (CBDC), but a digital euro is coming. 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...
The International Monetary Fund (IMF) released a paper on February 9, “Behind the Scenes of Central Bank Digital Currency,” analyzing the experiences of six central banks in designing and issuing Central Bank Digital Currencies (CBDCs). There are a few clear messages in the paper. One...
The Central Bank of Kenya (CBK) has released its discussion paper on the possibility of a central bank digital currency (CBDC) and is now awaiting feedback from the public on the pros and cons, as well as potential policies and regulations. Get the Full Story...
In the back and forth over central bank digital currencies (CBDCs), where countries around the globe are focused on how, and even whether, to move forward, with plans to inject digital fiat into the mix, it may be the court of public opinion that determines...
The south-central African country of Zambia is joining the ranks of others across the continent and much of the world in exploring the pros and cons of having a central bank digital currency (CBDC), cryptocurrencies and other digital assets. Get the Full Story Complete the...
The managing director of the International Monetary Fund (IMF) has urged policy makers to consider the trade-offs of central bank digital currencies, saying there is no universal case for CBDC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Beyond retail, beyond the confines of its own borders, China is eyeing bringing its central bank digital currency (CBDC) to a broader world stage. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
