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 ...

People may become mortgage slaves by purchasing a house with a very low down payment and spending twenty to thirty of their golden years working extremely hard to afford very high monthly mortgage ...

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

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

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.

10 million more people were in modern slavery in 2021 compared to 2016 global estimates, bringing the total to 50 million worldwide. Women and children remain disproportionately vulnerable.

Nearly a third of central banks have pushed back launching digital versions of their currencies, a new survey shows, although a desire to protect their money-minting powers mean most still intend to ...

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

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

CBDC and the effectiveness of monetary policy Issuing a central bank digital currency (CBDC) could potentially counter the use of Libra. A CDBC could offer a new digital payment rail and an asset for ...