The head of the European Central Bank (ECB), Christine Lagarde, said she wants a task force to identify clear objectives regarding the ECB’s proposed digital currency initiative by the middle of next year, according to a report by Reuters. Get the Full Story Complete the...
Policymakers at the European Central Bank (ECB) will meet in Frankfurt on Wednesday (Dec. 11) to talk about the pros and cons of introducing their own electronic money, Bloomberg reported on Tuesday (Dec. 10), citing Eurozone sources. Members of the Governing Council anticipate informal discussions...
The past several months have seen bitcoin perhaps overshadowed (just a bit) by any number of large-scale efforts to bring digital coins to mainstream society. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
To make sure that they stay at the center of the global payment system, the head of the Bank of International Settlements (BIS) says that central banks have to embrace the revolution in digital money, Bloomberg reported Thursday (Dec. 5). Get the Full Story Complete...
EU finance ministers came to an agreement on Thursday (Dec. 5) that digital currencies like Facebook’s Libra have no place in the European Union unless the consequences and pitfalls are adequately sorted out, Reuters reported. Get the Full Story Complete the form to unlock this...
For China: Digital currency, yes. But not bitcoin. 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 agree...
The European Central Bank (ECB) has considered using a public digital currency if international payments inside of Europe stayed too expensive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Japanese multinational conglomerate SoftBank has announced the launch of SBC Wallet Cards, which utilize its own encryption system, and boast multiple encryption mechanisms, as well as hot and cold wallet functions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Looking back at 2019, and at cryptocurrencies, we may well make the declaration that fraudsters got a lot more brazen … which may mean 2020 is the year lawmakers and regulators clamp down through a global, concerted effort to root out financial crime. Get the...
