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 ...

Christine Lagarde, President of the European Central Bank, has announced the intent to launch a Digital Euro in October.

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

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 ...

While some countries are hurtling towards issuing a Central Bank Digital Currency (CBDC) it does not appear the US will do ...

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 ...

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

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 ...

This first phase encompasses three critical components ... with the Saudi Central Bank, serve as foundational projects, ...

The ECB is advancing the digital euro, targeting an October 2025 readiness, but public skepticism over financial surveillance ...

Israel releases a preliminary design for its central bank digital currency, digital shekel, while the US explores a crypto ...