The Treasury and Bank of England have launched a consultation on the creation of a ‘digital pound’ – possibly to be released into circulation by 2030. This type of virtual money is known as central ...
A proposed GOP ban on a central bank digital currency (CBDC) could pump the brakes on grand visions to reshape electronic payment access around the Federal Reserve. Republican lawmakers pushed the ban ...
Japan has long been known for its love of cash, but that is rapidly changing. From just 13.2 per cent in 2010, cashless payments made up 42.8 per cent of all transactions by 2024, exceeding the ...
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