The Swiss National Bank is reportedly amenable to expanding its digital currency project. “We would like to see a pilot which develops, with more banks joining and a higher volume of transactions,” said governing board member Antione Martin, whose comments at the the Point Zero...
As has played out over and over across the payments landscape, end-users ultimately want simplicity. After all, no payment innovation can scale if it isn’t easy and intuitive to use. That has proved to be troublesome for the adoption and utility of cryptocurrencies as a...
The state of crypto, just like the crypto market, remains promising – if volatile – in 2024. While many observers may have believed that the crypto space would simply disappear after a wild start to the 2020s that saw it enter the mainstream and then...
The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it took to read this sentence, digital money issued by a sovereign bank can effectively settle in near real-time using distributed...
June 19, 2024
As has played out over and over across the payments landscape, end-users ultimately want simplicity. After all, no payment innovation can scale if it isn’t easy and intuitive to use. That has proved to be troublesome for the adoption and utility of cryptocurrencies as a form of payment for everyday goods and services. Many blockchain […]
May 29, 2024
The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it took to read this sentence,...
November 09, 2023
The hallmark of stablecoins has been instability. In a paper published this week by the Bank of International Settlements (BIS), the analysis shows that with a decade of trading history, none...
November 04, 2021
Growing consumer interest in digital payment options at in-store and online retailers was rising even before the pandemic boosted acceptance. Recent research forecast that global digital payment services, particularly cashless...
July 11, 2024
Mastercard and Canadian FinTech Nuvei have teamed to help consumers turn digital assets into fiat currency. The collaboration, announced Thursday (July 11), is open to consumers in Europe, and lets them convert their assets via debit, credit and prepaid cards. “This new functionality provides a bridge between digital and traditional finance that can be spent […]
July 03, 2024
The Swiss National Bank is reportedly amenable to expanding its digital currency project. “We would like to see a pilot which develops, with more banks joining and a higher volume...
May 06, 2024
Bundesbank’s president said central banks must speed the adoption of digital currency to remain viable. “If you would have asked me 20 years ago if the central bank business model”...
March 07, 2024
In testimony before Congress, Federal Reserve Chairman Jerome Powell said that the idea of the United States adopting a central bank digital currency (CBDC) is far from being realized. Speaking to the Senate...
