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

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, recently expressed urgency for the need to develop a digital euro—also known as a central bank digital currency (CBDC)—to compete ...

The Central Bank of UAE on Thursday launched new symbols for the national currency, the dirham, in its physical and digital forms, which reflect its national identity and aspiration to become a ...

Kyrgyzstan President Sadyr Zhaparov signed a landmark CBDC law authorizing the country’s central bank to issue the “digital ...

The digital symbol signals a progressive approach to monetary policy The Central Bank of the UAE, on Thursday, unveiled the new symbol for the national currency in its physical and digital forms.

Since 2021, the Bank of Korea (BOK) has been conducting a mock test of a CBDC, which is a digital form of a country's national currency issued and regulated by its central bank. Unlike ...

European Central Bank Chief Economist Philip Lane said. A digital euro would “limit the likelihood of foreign-currency stablecoins gaining a foothold as a medium of exchange in the euro area ...

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 ...

Research is underway at the Bank of Canada, because exploring the idea of a central bank digital currency makes sense. In theory, it could provide the safety of cash, with the convenience of modern ...

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

a scenario where financial institutions substitute the central bank currency with a private digital currency like Libra could also reduce the capacity of the central bank to act as lender of last ...