Despite the current selloff in cryptocurrencies such as Bitcoin (BTC), the European Central Bank (ECB) says it is proceeding ...

When it comes to global reserve currency for the agriculture industry, the American dollar is king, but it’s reign will not ...

Philip Lane said the prevalence of electronic payments using Apple Pay, Google Pay and PayPal "exposes Europe to risks of ...

The digital currency uses a simple two-tier system that is becoming the consensus structure among central banks, because it keeps the banking system and its essential functions intact. In this ...

A European Central Bank survey finds Europeans prefer existing payment methods over the digital euro, posing adoption ...

A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020 ...

In designing central bank digital currencies (CBDCs), it is imperative that central banks carefully consider its legal foundations. As with any form of money, CBDCs require a solid basis under public ...

Chart 1 and Chart 2 show how consumer adoption changes ... “Demand for Payment Services and Consumer Welfare: The Introduction of a Central Bank Digital Currency.” Bank of Canada Staff Working Paper ...

Central Bank Digital Currencies are poised to emerge as a pillar of tomorrow’s global banking system. But what does that future look like? With 90 per cent of central banks now exploring their ...

While some countries are hurtling towards issuing a Central Bank Digital Currency (CBDC) it does not appear the US will do the same. Fears of excessive government control and the lure of snooping ...