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

For example, China, Hong Kong, Thailand and the UAE are currently working on a joint cross-border CBDC project, formally known as a ‘multiple central bank digital currency bridge’ (m-CBDC). The plan ...

This is important in Nepal’s rural areas with limited or unreliable internet access. China, for example, has developed a ...

For example ... a video game might have its own digital currency that can only be used within the gaming platform. There's also been an emergence of central bank digital currencies (CBDC).

For example, when adoption cost frictions are $1.50 per ... “Demand for Payment Services and Consumer Welfare: The Introduction of a Central Bank Digital Currency.” Bank of Canada Staff Working Paper ...

Industy experts shared their thoughts on the future of new wave of payments, at the Tech & Innovation Summit, organised by Entrepreneur India.

Philip Lane, chief economist of the European Central Bank, recently expressed urgency for the need to develop a digital euro—also known as a central bank digital currency (CBDC)—to compete ...

Central bank digital currencies have the potential to improve financial inclusion for women, but only if they are combined ...

To estimate the potential impact a central bank digital currency (CBDC) could have on bank liquidity, we use pre-pandemic data (January 2020) to perform a hypothetical exercise under four increasingly ...

The initiatives we highlight here are markedly diverse: the overnight transformation of Sri Lanka’s 125-year-old live tea auction; the world’s first central bank digital currency in The Bahamas; and ...

Russian companies are interested in crypto payments in foreign trade deals, the head of Russia’s monetary authority has ...

Last week, the Bank of Israel published a preliminary design of the central bank’s Digital Shekel system. In a detailed document, holding more ...