Nearly every country on Earth has a central bank digital currency (CBDC) project in play. However, nearly 80% of the world’s central banks are either...
Global messaging platform Swift says three central banks are testing its solution for interlinking CBDCs. In the meantime, another 30 financial institutions are experimenting with...
As currency becomes increasingly digitized, more end users are able to reap its benefits, in turn feeding an underlying network effect of increased market participants...
The push toward central bank digital currencies seems an inexorable one. But among the issues that remain to be sorted out are the parameters of...
Cross-border remittances — where hundreds of billions of dollars flow internationally, typically as individuals send money home to friends and family — may be ripe...
Russia could reportedly begin testing a digital ruble before the summer’s end. Lawmakers in the country, whose payment systems have been hamstrung since last year...
As you read this, the very nature of money is being interrogated and experimentally reshaped. “There’s a huge global trend going on right now into...
There may be no room for crypto within banking or traditional financial services at all. And in fact, the Bank of International Settlements said in...
A new Bank of International Settlements (BIS) survey shows the increasing popularity of central bank digital currencies. The survey, released Monday (July 10), found that the share of central...