To put it mildly, these are heady times for the Federal Reserve. It’s managing the specter of inflation hovering over unprecedented government spending to manage an economy that has been disrupted by a global pandemic. Then there’s a stock market that now includes a whole...
It seems a rising bitcoin tide lifts all digital currency boats. As CNBC reported Friday morning (April 2) as bitcoin prices gain ground — and are now recently above $59,000 — interest is growing, too, in China’s digital yuan. It has yet to be launched, but...
Cryptocurrency got more funding from venture capitalists in this quarter than in all of 2020, 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 required. yesSubscribe to our...
The Eastern Caribbean Central Bank (ECCB) has unveiled its central bank digital currency DCash, making it the second central bank officially entering the CBDC realm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
For central bank digital currencies (CBDCs), in Europe, at least, it’s a case of hurry up and wait. As reported this week, the European Central Bank (ECB) – through comments made by Christine Lagarde, its president – seems to be taking a longer-term view of...
Britain plans to regulate stablecoins first rather than the whole of the cryptocurrency market, Reuters writes. 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...
In spurring new consumer behavior, scale matters. That’s especially true with cryptocurrencies, where making the leap from speculation to actual transactions (you know, the kind tied to goods and services) may be more marathon than sprint. Get the Full Story Complete the form to unlock...
Fidelity Digital Assets will soon be collaborating with Silvergate Bank as its second lender extending cryptocurrency-backed loans, Silvergate announced in a press release on Monday (March 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Private, yes. Anonymous, no. In the race to bring central bank digital currencies (CBDCs) into the mainstream, key questions revolve around how they will be issued, accounted for and tracked. At issue, then, is whether individual recipients and users would have anonymity as they spend...
