If the European Central Bank were to decide to test such a system— something it recently expressed in doing — "we are ready to play a leading role," the Dutch central bank said.

And officials at the central bank aren’t all in agreement about whether a central bank digital currency is needed. Lael Brainard, who serves on the Fed’s Board of Governors and has been nominated by ...

Seven central banks and the BIS release a report assessing the feasibility of publicly available CBDCs in helping central banks deliver their public policy objectives. Report outlines foundational ...

Earlier last year, Lane noted that the pandemic was accelerating the need for the Bank to understand how a digital currency would work as Canadians relied further on online services. During Tuesday’s ...

It has been helping central banks and other financial authorities play catchup on the efficacy of crypto currencies, after many were caught flatfooted by Meta Platforms Inc.’s ill-fated attempt in ...

The Japanese central bank plans to begin experiments next year which will look at whether it can issue a digital yen – a move that comes as other central banks step up the pace of their digital ...

A senior official at China's central bank announced at the China Finance 40 Group meeting today that the country will soon roll out its central bank digital currency (CBDC.) Mu Changchun, Deputy ...

One of the country’s top central bankers says the Bank of Canada is going to start the work to build its own digital currency as a backstop should the day arise where cash is no longer king. In a ...

Bitcoin’s rising popularity puts pressure on central banks to issue digital currency By Tom Wilson Reuters Posted February 15, 2021 11:59 am Updated February 15, 2021 12:07 pm ...

South Korea’s central bank has halted its digital currency pilot program, signaling diminishing enthusiasm for state-led digital currencies as President Lee Jae Myung ’s drive to promote a ...

SHANGHAI (Reuters) -- China's central bank governor has announced plans to promote the international use of the digital yuan and called for the development of a multipolar global currency system ...