The head of New Zealand’s central bank is not a fan of stablecoins. Reserve Bank of New Zealand Governor Adrian Orr voiced concerns about the digital...
With technology increasing the risk of bank runs, central banks must ensure that banks maintain appropriate liquidity insurance. So said Andrew Hauser, executive director for...
As faster payments schemes take shape around the globe — in the U.S., the FedNow® Service is the latest example — realizing the full potential...
Central banks worldwide are seeking lessons from the cost-of-living crisis, as they convene for their penultimate meetings of the year. The focus of their discussions...
The Bank for International Settlements, central banks and traditional financial institutions (FIs) are in the midst of tackling various ways and means of creating and...
Central banks around the world have diverged in the design of CBDCs. As the investigation phase of the European Central Bank’s (ECB) digital euro project...
Conventional wisdom holds that, as digital currencies continue to evolve and as bitcoin and its brethren joust with the traditional banking system, central banks would...
Kenyan and Nigerian central bankers have said central bank digital currencies (CBDCs) could solve the risks cryptocurrencies have for financial stability, Reuters wrote Saturday (June...
There’s always deep debate about how best to promote innovation in the tech space – particularly when it comes to payments. The debate boils down...