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 ...

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 ...

The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on ...

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 ...

Project Hamilton is a collaborative research project between the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology’s Digital Currency Initiative. The project is focused on ...

The world of finance is undergoing a digital revolution. For a number of years now banks have looked at ways to use digitization to streamline processes, enhance efficiency, and improve customer ...

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 ...

China will on January 1 launch an “action plan” for boosting management and operations of its digital currency, a deputy ...

When we think about money, it’s easy to get lost in the numbers. How much money is there in the world? It’s a big question ...

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