Canada’s experiment with the digital dollar is over, at least for now. The Bank of Canada announced recently that after years of exploring the idea of a...
New research shows that 134 countries are exploring central bank digital currencies (CBDCs). Those countries account for 98% of the world’s economy, according to findings released Tuesday...
Fraud detection and prevention are among the many promises blockchain technology holds. But unlike certain other far-from-realized promises, the security of on-chain digitization is finding...
The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it...
Bundesbank’s president said central banks must speed the adoption of digital currency to remain viable. “If you would have asked me 20 years ago if...
In testimony before Congress, Federal Reserve Chairman Jerome Powell said that the idea of the United States adopting a central bank digital currency (CBDC) is far from being...
In recent years, the Asia-Pacific (APAC) region has emerged as a driving force in the digital payments space, with the region’s rapid technology adoption and...
The Swiss National Bank (SNB) is set to begin piloting a wholesale digital franc next month. The bank, along with six other lenders from Switzerland, Germany and...
Visa, in collaboration with HSBC and Hang Seng Bank, has successfully completed a pilot test in Hong Kong to study tokenized deposits using central bank digital currencies (CBDCs)....