The global financial scenario is changing rapidly with the emergence of Central Bank Digital Currencies (CBDCs) and ...

The White House mandates federal transactions to go electronic, aiming to reduce fraud, cut costs, and increase efficiency, ...

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 ...

Industy experts shared their thoughts on the future of new wave of payments, at the Tech & Innovation Summit, organised by ...

European consumers have shown minimal interest in adopting a central bank digital currency (CBDC), raising concerns for the European Central Bank (ECB) as it prepares for a potential rollout of the ...

Philip Lane, chief economist of the European Central Bank ... decided to phase out paper currency, it would have far-reaching effects around the globe. Promoters of a digital currency allege ...

Mary Anne Lim, assistant governor of the currency and securities production sub-sector at the Central Bank of the Philippines ...

The Governor of the Central Bank of Iraq disclosed that the government is developing a plan for a full-scale digital transformation.

The central bank described the proposed ... for both retail and wholesale use, in a paper published on Tuesday. "The DS will be a multipurpose digital currency that will address both the retail ...

Despite the current selloff in cryptocurrencies such as Bitcoin (BTC), the European Central Bank (ECB) says it is proceeding with plans to launch a digital Euro currency this year. Effectively ...