Central bank digital currencies (CBDC) will likely become legal tender in their home countries, officials from two European central banks said Tuesday (Nov. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The People’s Bank of China says it will make an effort to further link the digital yuan to the country’s popular mobile payment apps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Bank of France wants to investigate the specifics of a central bank digital currency (CBDC) for wholesale use, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Trust is paramount to any payments mechanism, be it hard currency, stablecoin or 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 additional logins required. yesSubscribe...
Nigeria’s eNaira digital currency is proving popular, although some critics say the population’s mistrust of the government might hinder its progress, the Financial Times (FT) reported. The central bank digital currency (CBDC) was launched Oct. 25. Get the Full Story Complete the form to unlock...
European Central Bank executive board member Fabio Panetta promised that the digital euro will be appealing to users and won’t be overwhelmed by other private payment types, according to a Bloomberg report on Friday (Nov. 5). Get the Full Story Complete the form to unlock...
Officials in China said the use of the digital yuan — or e-CNY — has surged to 140 million individual accounts and 10 million business accounts, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
As central bank digital currencies (CBDCs) grow in popularity, the world’s payments leaders are making preparations. 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...
Around the world, major economies have been moving, in some cases quickly, to embrace and launch central bank digital currencies (CBDCs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
