Regarding central bank digital currencies: They might work, and they might be launched — but, depending on which country is weighing in, they might not be necessary. The debate over CBDCs continues, with some nations questioning their utility, and other nations embracing them wholeheartedly. Get the...
Carlos Lenz, chief economist of the Swiss National Bank, told a news conference the bank sees no need for a digital franc, even though it is studying how one would work, Handelszeitung reported. Get the Full Story Complete the form to unlock this article and...
Tether is not a good thing for the financial system, according to a senior U.S. Federal Reserve official. 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.K.’s Financial Conduct Authority (FCA) has prohibited Binance Markets Limited from undertaking any regulated activity in that country, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
With its sights set on making bitcoin legal tender, El Salvador has gifted adults in the country $30 (£21.60) in the cryptocurrency as it moves to get the program off the ground, Yahoo! Finance reported. Get the Full Story Complete the form to unlock this...
Digital currencies are not an all-or-none, zero-sum endeavor. 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 Today. By completing this form, you...
The phrase “radically optimistic” may recall — at least it does to us — another two-word soundbite from market surges long ago: irrational exuberance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Call it the crash before the crash. At this writing, bitcoin has breached an important psychological level, below $30,000. Dogecoin is down more than 20 percent, and now can be had for 17 cents. Get the Full Story Complete the form to unlock this article and...
There’s no question that cryptocurrencies have become a policy hot spot, well beyond the scrutiny of speculation and volatile price swings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
