In the analysis, the IMF reviewed the implications for the financial stability of a central bank issuing a digital currency to the public. It addressed some critical issues regarding design ...
Research is underway at the Bank of Canada, because exploring the idea of a central bank digital currency makes sense. In theory, it could provide the safety of cash, with the convenience of modern ...
By Korede SOTUBO The emergence of Central Bank Digital Currencies (CBDCs) introduces transformative potential for international business, particularly by enhancing cross-border transaction efficiency, ...
In July 2023, the Federal Reserve Bank (FRB) announced FedNow as their foray into the US dollar central bank digital currency (CBDC) payment service. The service is offered to insure immediate CBDC ...
The Financial Conduct Authority plans to regulate specific technology products that banks use to process payments and require testing. That and more in our global payments roundup.