Time is of the essence, as banks grapple with the looming threat of central bank digital currencies (CBDCs). In other words, perhaps, the more time, the better. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As soon as this week, the Federal Reserve could begin weighing the possible risks and benefits of issuing a U.S. digital currency, according to a Monday (Oct. 4) report from The Wall Street Journal (WSJ). Get the Full Story Complete the form to unlock this...
In the United States, there will be no ban on cryptocurrencies — but one wonders what will become of central bank digital currencies, in particular the digital dollar, when (perhaps if) they are introduced into what will undoubtedly be a crowded field of digital currency...
The Reserve Bank of New Zealand (RBNZ) released two issues papers on Thursday (Sept. 30) that outline the central bank’s thoughts about the pros and cons of circulating a central bank digital currency (CBDC), and is seeking public input before crafting a more specific blueprint....
The Bank of England has staffed two third-party working groups, which will provide input as the central bank looks into a central bank digital currency (CBDC), The Block reported. The groups are the Engagement Forum and the Technology Forum. Get the Full Story Complete the...
In the sweeping, global push to bring central bank digital currencies (CBDCs) from concept into reality, the smaller nations are making the biggest splashes. Their launches, and successes and failures, will be instructive for economic powerhouses such as the United States and China. Get the...
The main website for Nigeria’s central bank digital currency (CBDC) has gone live, indicating that the launch of the eNaira digital currency is on track for Oct. 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Central bank digital currencies (CBDCs) can dramatically reduce the time needed for cross-border payments to clear from days to mere seconds, while cutting costs in half, according to a Tuesday (Sept. 28) report from Reuters. Get the Full Story Complete the form to unlock this...
The official website of the Central Bank of Nigeria (CBN) digital currency is live, Nigerian publication THISDAY reported. 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...
