The ECB advances a digital euro with efficiency, sovereignty, trust and inclusion goals as global CBDCs show slow adoption.
The digital euro project is accelerating, with the ECB having completed its preparatory phase. If the timeline holds, the EU ...
Central bankers in the European Union are making the case that US dollar-backed stablecoins could be a threat to their ...
It would safeguard monetary stability, fend off private payment monopolies, and stand as a potent symbol of European unity The digital euro project has a simple motivation: to ensure that people in a ...
After decades of increasing global economic integration, the world is facing a growing risk of geoeconomic fragmentation, with potentially far-reaching implications for the global economy and the ...
The Green Party is issuing a cautionary statement regarding a proposal ostensibly to finance a just and sustainable transition. Three authors have proposed a financing scheme for a Green International ...
Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...
The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news ...
Central bank currency swaps have emerged as a de facto key feature of the international monetary system, with the US Federal Reserve having extensive recourse to them during the financial crisis, and ...
SHANGHAI/BEIJING, June 18 (Reuters) - The head of China's central bank pledged to expand the international use of the digital yuan and called for the development of a multi-polar global currency ...
The International Monetary Fund (IMF) sees better odds that central banks will manage to tame inflation without tipping the global economy into recession, but it warned Tuesday that growth remained ...