PYMNTS
DECEMBER 18, 2020
To that end, the Bahamas may stand out as an epicenter of sorts for the rise of central bank digital currencies (CBDCs). As reported by Reuters , the Sand Dollar – a new digital currency issued and backed by the Bahamian central bank – is now in circulation, and bit by bit, has been making inroads into retail use cases.
PYMNTS
JANUARY 20, 2020
Add Australia to the list of countries with central banks looking to bring fiat currencies into the digital realm — with some conditions attached. A CBDC would be denominated in the sovereign currency, and convertible at par with other forms of money.”. The language is interesting — and noteworthy. What It Won’t Do. The Rewards.
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PYMNTS
DECEMBER 1, 2020
It’s been more than a year in the making — with no shortage of caution and criticism by lawmakers and regulators here in the states and in Europe — but Libra, the digital currency backed by Facebook and a revolving cast of other tech firms, could debut as early as next month. Morgan stablecoin, known as JPM Coin, geared toward B2B.
PYMNTS
MAY 21, 2020
The tipping point might be nigh for digital dollars and other central bank-issued currencies done through bits and bytes. Patent and Trademark Office that would create a digital currency underpinned by blockchain technology. A central entity may implement a monetary policy and issue currency.
PYMNTS
SEPTEMBER 15, 2020
15) has backed a call by the head of the European Central Bank (ECB) for quick exploration into creating an official European Union digital currency. That is why we must now focus on a digital currency together before it is too late. At the same time, we would now like to see much faster action at [the] European level.
PYMNTS
DECEMBER 23, 2020
But the reality is that the consumer experience itself is the new currency in loyalty.”. You used to go shop and have to get in your car and go to three different retailers,” she said. Today you go click, click, click, and you’re in three different retailers in less than 10 minutes.
PYMNTS
JUNE 17, 2020
A growing number of nations are looking to develop digital versions of their currencies, and now there might be regional initiatives taking shape to target the U.S. The publication said China would back the new digital currency with a basket consisting of the Chinese yuan, Japanese yen, Hong Kong dollar and the South Korean won.
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