The Federal Reserve has finally dropped its long-awaited central bank digital currency report and it is … careful. 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 U.S. Federal Reserve has said making an official digital dollar might give Americans greater and faster payment options at the cost of some potential financial stability risks, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
China’s digital yuan trials captured $8.3 billion of the country’s payments market in the past six months and $13.68 billion in the past two years, just a sliver of the trillions in payments processed in the country annually, CNBC reported, citing data from the People’s...
The regulatory environment is taking shape for central bank digital currencies (CBDCs) — but there’s hardly a clear-cut path forward, at least here in the states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Switzerland’s National Bank (SNB) has approved a wide swath of transactions involving central bank digital currency (CBDC), the country’s monetary authority announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Last week, Republican Congressman Tom Emmer introduced a bill prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Making the leap from concept to reality is no easy task for central banks mulling over how and when to launch central bank digital currencies (CBDCs) — or even whether to launch them at all. Get the Full Story Complete the form to unlock this...
Israeli policymakers have broadened the scope of their research into launching a central bank digital currency (CBDC) as the Bank of Israel scrambles to avoid falling behind other countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
For central bank digital currencies (CBDCs), pilots, pilots everywhere — and some actual launches, too. 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,...