China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy.

The digital euro aims to preserve the role of cash in the digital era, ensuring secure, inclusive payments and protecting eurozone monetary sovereignty. While it won’t rival the dollar globally, it ...

Bank of England officials are considering abandoning plans to create a digital pound for households amid growing skepticism about the project’s benefits.The BOE has privately urged the ...

U.S. dollar stablecoins will cement their dominance unless alternatives like the digital euro arise, an adviser to the European Central Bank said.

He said a public central bank digital currency (CBDC), along with private innovation and DLT applications, can act as complementary pillars in safeguarding European monetary sovereignty.

The Bank of England’s research into its staff also found that the benefits of creating a central bank digital currency, or CBDC, are much smaller now than before.

The BOE has been privately urging the banking industry to instead accelerate payment innovations that could result in similar benefits without the creation of a central bank digital currency - or ...

Jürgen Schaaf, an economist and advisor to the European Central Bank's Market Infrastructure and Payments division, says more support should be provided for properly regulated euro-denominated ...

Trump has been remarkably consistent over the years about his core economic gripe: the trade deficit. In 1987, he spent ...

Bulgaria takes the final step toward the adoption of the euro in the new year, becoming the 21st member of the eurozone.

In traditional markets, the MOVE index, which measures implied volatility in U.S. Treasury notes, fell to its lowest level ...

We must not let Washington take control of the dollar through a central bank digital currency.