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Fed: Digital dollar won’t cut out banks 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...
A federally issued digital dollar will not cut banks out of the banking system. 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...
Republican U.S. lawmakers want to ban app stores from hosting apps that let payments be made with the Chinese digital currency, Reuters reported Thursday (May 26), citing a proposal for legislation seen by the news site. Get the Full Story Complete the form to unlock...
Much has been made of the need for a digital dollar as a way of reinforcing the U.S. dollar’s role as the world’s reserve currency, making payments faster and cheaper, and bringing the unbanked into the system. Get the Full Story Complete the form to...
Lael Brainard, Vice Chair of the Federal Reserve, will testify before the Committee on Financial Services in the U.S. House of Representatives on Thursday, May 26 to examine the benefits and risks of a U.S. central bank digital currency (CBDC). Get the Full Story Complete...
Circle has responded to a Federal Reserve paper Wednesday (May 25) about the possibilities of a U.S. central bank digital currency (CBDC), saying it could “destabilize” banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Latin American exchange Mercado Bitcoin is teaming with the Stellar Development Foundation (SDF) on one of the nine projects in the LIFT Challenge Real Digital, a collaborative environment hosted by the Central Bank of Brazil and the National Federation of Associations of Central Bank Servers....
The Federal Reserve asked the public for its thoughts on the need for a central bank digital currency (CBDC), and the banking industry has answered with a resounding “no.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
