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Christine Lagarde, the head of the European Central Bank, appears serious about a digital euro. Barely a month after the central bank issued a major report on the topic, and opened a public... more

The post Europe pushing to be first with digital euro – but risks are real appeared first on Payments Cards & Mobile.

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The European Union (EU) has laid out a new legal framework for oversight and governance of digital currency assets by 2024, hoping to provide greater comfort for financial institutions in... more

The post European Union sets 2024 as target date for digital currency asset laws appeared first on Payments Cards & Mobile.

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With the global economy racing to embrace digital payments, central banks also are looking to the future and Central Bank Digital Currencies (CBDCs), investigating how to support innovation while maintaining... more

The post Mastercard launch Central Bank Digital Currencies testing platform appeared first on Payments Cards & Mobile.

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Central bank digital currencies (CBDC) are receiving more attention than ever before. Yet the motivations for issuance vary across countries, as do the policy approaches and technical designs. A new... more

The post BIS Report: Rise of the central bank digital currencies (CBDC) appeared first on Payments Cards & Mobile.

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Blockchain, CBDC, central bank digital currencies, Cryptocurrency, Daily news, Digital Currency, digital Euro, Issuing & Acquiring, stablecoins -

The European Central Bank (ECB) is considering the infrastructure to deploy its own digital Euro currency as a rival to, as an example, Facebook’s Libra, a draft document from the... more

The post Could the EU launch its own digital Euro appeared first on Payments Cards & Mobile.

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