It is a time of profound, sweeping changes across finance, technology, and society. As money and other alternative payment vehicles continue to ride the ever-cresting...
In the debate over stablecoins vs. cryptocurrencies, it may be tokenized deposits that wind up gaining ground. Tokenized deposits are tied to existing bank deposits;...
A digital euro may provide Europe with greater resiliency and autonomy. So said European Central Bank President Christine Lagarde during a virtual event hosted by...
The dust has settled. The battlefield is still. And, as has been widely reported this week, Agustín Carstens, general manager of the Bank for International...
Chinese citizens have spent more than $14 billion worth of digital yuan, the People’s Bank of China said last week. That represented 360 million transactions...
The Bank for International Settlements (BIS) and Hong Kong Monetary Authority said they’ve conducted an experiment showing central bank digital currencies (CBDCs) can work in...
In an announcement last month, the European Central Bank (ECB) revealed the five companies that have been selected to partake in a “prototyping exercise” as...
A study analyzing the international use of central bank digital currencies (CBDCs) and the underlying distributed ledger technologies (DLTs) shows promise for cross-border interoperability among...
The Bank for International Settlements (BIS) says it has carried out the first pilot of a central bank digital currency (CBDC) involving “four jurisdictions and...