The Banque de France has been working on a central bank digital currency (CBDC) experiment, a press release said Monday (June 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Bank of Israel Deputy Governor Andrew Abir said at an event that the country held an experimental run of a so-called digital shekel token, The Jerusalem Post reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
China has called together representatives from its biggest banks to reinforce a ban on providing cryptocurrency services, Bloomberg reported Monday (June 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
We’re inching toward central bank digital currencies (CBDCs) making the leap from concept to reality, but speed bumps (as you might call them) abound. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The European central banker in charge of the creation of a digital version of the euro said such a currency would both protect the privacy of consumers and shield member states in the monetary union from the loss of monetary sovereignty that comes with growing...
The Chinese government-owned Industrial and Commercial Bank of China and the Beijing branch of the Agricultural Bank of China are allowing customers to exchange digital renminbi and the cash version of the currency, the Xinhua Finance news service reported. Get the Full Story Complete the...
In what may be yet another door slamming shut to the use of cryptocurrency in mainstream commerce, Indonesia is nixing the use of the digital offerings as payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Morgan Stanley analysts have said a digital euro might preclude a decline of 8 percent of consumer deposits from euro zone banks, Reuters writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The pet services platform Wag! announced on Wednesday (June 16) that it has begun accepting cryptocurrency through BitPay, including — fittingly enough — Dogecoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
