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 ...

CBDCs or central bank digital currencies are increasingly being studied by entities such as the Bank of Canada for their ...

As technology continues to reshape financial services, regulators and policy setters are embarking on a range of ...

FRANKFURT—European Central Bank president Christine Lagarde’s recent remarks on a “digital euro” prompted a fresh wave of ...

European Central Bank president Christine Lagarde's recent remarks on a "digital euro" prompted a fresh wave of ...

Established payment methods currently dominate over new digital alternatives. Shifting public behavior may require clear communication and education. A recent European Central Bank (ECB) survey has ...

MANILA, Philippines — Aboitiz-led Union Bank of the Philippines (UnionBank) will raise up to $800 million from the offshore debt market amid plans to boost the coffers of its digital banking arm.

The Bank of Israel released a preliminary design proposal for a digital shekel (DS), Israel’s potential central bank digital currency (CBDC), despite no solid intent as yet for an official launch.

Bank of America offers a great branch and online experience, but like many traditional banks, it pays little interest on its savings products. Many, or all, of the products featured on this page ...

2. Mass Adoption of central Bank Digital Currencies (CBDCs) More and more countries are launching their own digital currencies, such as the digital yuan and the digital euro. CBDCs offer a stable ...