This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In a speech delivered at a G30 seminar in Washinton, Baily ...

The Bank of England said it plans to carry out a series of experiments on a wholesale central bank digital currency and distributed ledger technology. It will also experiment to ensure that the ...

Bank of England officials are considering abandoning plans to create a digital pound for households amid growing skepticism about the project’s benefits. The BOE has privately urged the banking ...

This content is contributed or sourced from third parties but has been subject to Finextra editorial review. Central banks worldwide are accelerating retail CBDC (central bank digital currency) ...

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a ...

The Chairman of the US Federal Reserve, Jerome Powell, was testifying before the Senate Banking Committee today. While typically targeting the Fed’s dual mandate of pursuing full employment and low ...