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 ...

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 ...

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 ...