The Bank of Jamaica (BOJ) recently wrapped up the pilot of its central bank digital currency (CBDC) and says it’s on track for a nationwide rollout in the first quarter of 2022, according to a Cointelegraph report Monday (Jan. 3). Get the Full Story Complete...
If you look deeper at the news of India’s central bank accepting a “basic” digital rupee as “a safe, robust, and convenient alternative to physical cash,” something jumps out of the “Report on Trends and Progress of Banking in India 2020-21,” released on Tuesday (Dec....
Central bank digital currencies (CBDCs) could ultimately mean good things for the crypto industry, the CEO of the crypto exchange Binance said Tuesday (Dec. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Banque de France announced Thursday (Dec. 16) that it has successfully finished the first stage of its plan to create a wholesale central bank digital currency (CBDC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Ukrainian commercial bank TASCOMBANK is working with the FinTech Bitt to issue an electronic hryvnia — the country’s national currency — on the Stellar network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
China is now working on connecting its nearly finished central bank digital currency (CBDC) to Hong Kong’s Fast Payment 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....
Cybersecurity and the risk of cyber fraud pose challenges to the successful rollout of a central bank digital currency (CBDC), Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday (Dec. 8), per a LiveMint report. Get the Full Story Complete the form to...
A battle seems to be brewing within the crypto arena – one that pits central banks against the bitcoins (and the other cryptocurrencies) of the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
An innovation hub will help the U.S. central banking system advance the process of implementing digital currency, Federal Reserve Chair Jerome Powell said, according to a Monday (Nov. 29) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
