Senator Ted Cruz has introduced a bill to prohibit the Federal Reserve from issuing a CBDC, weeks after Rep. Emmer introduced the same bill in the House.

Artificial intelligence continues to evolve into ever more capable manifestations, infiltrating the global economy, including the financial sector—from traditional banks to central banks. The Bank for ...

China's overall level of debt has topped 300% of GDP and is likely to climb further, but the central bank will continue to ...