Last week, Rep. Sean Casten (D-IL) claimed that “Outside of China,” central bank digital currencies are “largely theoretical.” If only Casten were correct. As my colleague Nick Anthony points out, 10 ...

The People's Bank of China will implement a new digital yuan framework on Jan. 1, allowing commercial banks to pay interest ...

Digital currencies, programmable money and agentic payments are reshaping banking and the future of payments. Will banks take the lead or risk losing billions in fees?

Digital money is an umbrella term that encompasses all forms of money that exist in digital format, whether centralized or decentralized. It refers to the digital representation of monetary value used ...

The world’s central banks are moving briskly, and it would seem inexorably, toward introducing digital forms of cash. But I think they are underestimating the backlash from people who worry that ...

On a special episode (first released on May 14) of The Excerpt podcast: There’s something to cold hard cash. You can hold it; you can smell it; it feels a certain way in your pocket. Earlier this year ...

The House has passed legislation that would stop the Federal Reserve from issuing a central bank digital currency, a victory for privacy advocates who argue that such a CBDC could give the federal ...

Under the leadership of President Joe Biden, the White House and the Federal Reserve have started to lay the groundwork for a programmable, trackable, easily manipulated digital currency. It might ...

Pacific island countries are eager to leverage the opportunities of the digital money revolution by developing payment systems, expanding financial inclusion, and mitigating the loss of correspondent ...

The whole concept of money in India is undergoing a sea change. Now, with the recent advent of CBDC, popularly known as Digital Rupee, and the increasing interest in cryptocurrency, one common ...