Scores of central bank digital currency (CBDC) initiatives are in the works or already active — and yet pose some key concerns for central banks....
Most of the world’s developing economies saw foreign exchange reserves dwindle during the COVID-19 pandemic. That’s according to a report Sunday (April 9) by the...
The head of Brazil’s central bank is refuting the idea that banks lose money with the country’s Pix instant payment system. As Reuters reported Friday...
Central Payment, a payments-tech and card-issuing platform, today announced it has raised $30 million in growth equity financing that will spin it out from Central...
The central bank of Kenya is putting forward new legislation to govern interest rates charged for digital lenders’ loans. Online lenders will need the green...
The Bank for International Settlements (BIS) Innovation Hub is planning on adding four new locations in Europe and North America, according to a press release....
Microsoft reported that digital currency mining encounters dropped 40 percent from 2018 to 2019, according to a report. The tech company noted in the report...
Brazil’s central bank has suspended WhatsApp’s payment feature in the country, citing antitrust concerns, according to Bloomberg on Tuesday (June 23). Mastercard and Visa have...
The movement toward digital currencies may be a bit of an arms race of sorts, for now. But the question arises: Once they’ve been created...