China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week.
Judy Shelton, President Trump’s nominee to the Federal Reserve Board, told lawmakers that digitizing the U.S. dollar could help maintain the currency’s ascendancy in global commerce.
Fed Chairman Powell has given financial privacy advocates a glimmer of hope – and hinted at how the U.S. might competitively position a digitized dollar.
The working group will pool research into CBDCs.
Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF's Gita Gopinath.
As the roaring '20s begin, the U.S. dollar looks as strong as ever. But signs of decline are on the horizon.
A new “digital fiat currency” for the Bahamas could turn the island nation in to a crypto testbed.
Ten years of central bank quantitative easing have fostered big distortions in the global financial system, setting it up for a major architectural shift.
What would the late former Federal Reserve Chair Paul Volcker have thought about digital currencies issued by central banks?
Ghana is joining the ranks of nations eyeing the launch of a central bank digital currency, and is already in talks over a pilot project.
There are now several competing approaches to building a new financial system, writes Circle CEO Jeremy Allaire. Which will governments embrace?
In a sweeping rejection, the central bank quashed "unfounded" rumors that it had become the first monetary authority to issue a CBDC.
Switzerland’s central bank and the SIX stock exchange will study using a central bank digital currency to settle trades of tokenized assets.
Dutch bank ING's chief economist has said Facebook's Libra is pressuring central banks to launch their own digital currencies, and soon.
China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies.