The Governor of the Bank of England, Andrew Bailey, highlighted the need for distinct regulatory approaches for bitcoin and stablecoins, with a particularly stringent standard for the latter.

For nearly eight decades, the United States dollar has served as the backbone of global trade, finance, and economic stability. It has dictated the terms of international transactions, controlled the ...

British fintech company Revolut made a record pretax profit of 438 million pounds ($553.81 million ... the world to issue a central bank digital currency (CBDC), is now preparing regulations ...

Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's ...

The Chairman of the US Federal Reserve, Jerome Powell, was testifying before the Senate Banking Committee today. While ...

A significant portion of central banks worldwide have delayed their plans for launching CBDCs, citing regulatory challenges.

Republican senators revived a bill last week to block the Federal Reserve from creating a central bank digital currency.

Interest in developing their own central bank digital currencies remains strong among central banks worldwide, but so far, ...

The Donald Trump administration has advocated for stablecoins development instead of a Federal CBDC akin to China’s Digital Yuan (e-CNY).

Debadatta Chand also said banks along with regulator are working on CBDC to create the ease of doing transaction that can be ...

Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.