CBDC

CBDC
Even Before Launch of Digital Yuan in China, Fraudsters are Beginning to Probe for Weaknesses
November 15, 2021

In China, the digital yuan is getting ever closer to a widespread, national rollout. 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...

CBDC
Singapore CBDC Strategy Likely Influence on US, UK Central Banks
November 11, 2021

In examining the emergence of central bank digital currencies (CBDCs) and their use cases — and the infrastructure that underpins it all — a twist on that old baseball movie comes to mind. Get the Full Story Complete the form to unlock this article and...

CBDC
A Cautionary Tale: Britain’s Long Path Toward a Central Bank Digital Currency and China’s Quick...
November 10, 2021

For central banks, there’s a long road between mulling a central bank digital currency (CBDC), defining the ramifications and launching it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

CBDC
Banking Panel: CDBCs Will “Likely” Become Legal Tender 
November 09, 2021

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 —...

CBDC
China To Marry Digital Yuan, Mobile Payment Apps
November 09, 2021

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 —...

CBDC
France Wants to Study CBDC for Wholesale Use
November 08, 2021

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...

CBDC
Nigeria’s Digital Currency Rollout Highlights Security, Privacy Concerns
November 07, 2021

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...

CBDC
Nigeria’s eNaira Adoption May Be Hindered by Gov’t Mistrust
November 07, 2021

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...

CBDC
ECB Board Member: Digital Euro Would Not Be Redundant
November 05, 2021

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...