CBDC

CBDC
Fed Governor Waller: No Need for CBDC
November 12, 2024

The private sector should lead the evolution of payments, while the Federal Reserve should be ready to solve problems that can’t be handled by the private sector alone, Federal Reserve Governor Christopher J. Waller said Tuesday (Nov. 12). Get the Full Story Complete the form...

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Bank of England Prepares for CBDC if Commercial Banks Fail to Innovate
October 28, 2024

If commercial banks don’t provide retail payments innovation, central banks should be prepared to offer a retail central bank digital currency (CBDC), Bank of England Governor Andrew Bailey said Saturday (Oct. 26). Get the Full Story Complete the form to unlock this article and enjoy...

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Bank of England: Digital Currency Won’t Supplant Cash in UK
October 27, 2024

If the U.K. adopts a digital currency, citizens shouldn’t expect cash and coins to disappear. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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Canada Shifts Focus From CBDCs to ‘Payments Landscape’
September 23, 2024

Canada’s experiment with the digital dollar is over, at least for now. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

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Australia Finds No ‘Clear Public Interest’ for Retail CBDC
September 18, 2024

If Australia creates a digital currency, it will likely be the wholesale, not retail, variety. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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Report: Digital Currency Projects Underway in 134 Countries
September 17, 2024

New research shows that 134 countries are exploring central bank digital currencies (CBDCs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

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Germans Prefer Carrying Cash as CBDC Decision Looms
August 18, 2024

The future of the digital euro could be decided next year.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

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Bank of England Announces CBDC Experiments
July 30, 2024

The Bank of England (BoE) is conducting a new series of experiments with central bank digital currencies (CBDCs) for retail use. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Bank of Israel Remains Uncertain About Potential CBDC
July 11, 2024

The Bank of Israel reportedly plans to wait until another advanced economy launches a central bank digital currency (CBDC) before introducing one of its own. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...