As BRICS nations now account for nearly half of global gold production and command a sizable share of official gold reserves, ...

China is about to turn its central bank digital currency from a quiet pilot into a fully fledged piece of the financial ...

China has been looking to challenge the US dollar’s reserve status and wants to expand the digital yuan’s reach to include domestic and international payments. China’s central bank chief Pan Gongsheng ...

While China has been ahead of the game when it comes to government-backed digital currencies, adoption has been slow.

April 24, LONDON - Central bank digital currencies have often been deemed a solution in search of a problem. But U.S. President Donald Trump appears to have provided a rationale for CBDCs, even as he ...

Central-bank-issued digital currencies could chip away at the US dollar's share in international payments.

Philip Lane, chief economist of the European Central Bank, recently expressed urgency for the need to develop a digital euro—also known as a central bank digital currency (CBDC)—to compete against ...

I didn’t grow up in a marble-columned building. I come from working-class Appalachian roots with folks who believed in hard work, local values, and keeping a close eye on those in power. I was the ...

The Bank of Canada took a significant step in exploring the technical feasibility of a digital Canadian dollar, proposing a specific system designed for a retail central bank digital currency (CBDC) ...