Remember that the ECB’s mandate is price stability, but inflation in the euro area has exceeded 22% in the past four years.

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 ...

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 ...

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 ...

The People’s Bank of China (PBOC) announced that it would start testing its own central bank digital currency (CBDC), a first for a major economy. Government employees in four cities were paid in ...