The recent announcement that Facebook, with its 2.7 billion users (one-third of humanity), was stepping into the money-transfer business shocked the world’s central ... tier system, the central bank ...

The latest player to jump into the very crowded stablecoin space is the self-described "stable genius" himself — President ...

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

The Bahamas is the first country in the world with a central bank digital currency (a digital form of a country’s currency). Called the “sand dollar,” it will increase financial inclusion for ...

The Eastern European country of Belarus is reportedly set to roll out a central bank digital currency (CBDC) by next year.

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

Philip Lane said the prevalence of electronic payments using Apple Pay, Google Pay and PayPal "exposes Europe to risks of ...

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

Philip Lane, chief economist of the European Central Bank ... to phase out paper currency, it would have far-reaching effects around the globe. Promoters of a digital currency allege that it ...

The U.S. dollar dominates this ecosystem, serving as the world’s primary reserve currency. The euro demonstrates how multiple economies can share a single currency, while digital innovations ...

China's central bank will not allow sharp yuan declines and has asked major state-owned banks to reduce U.S. dollar purchases ...

November 21, 2024 Russia's central banker in charge of digital payments system resigns The Russian central bank's First Deputy ... of Thomson Reuters, is the world’s largest multimedia news ...