Swiss National Bank (SNB) Chairman Thomas Jordan (pictured) said on Monday that although it is still too early to conclude the real results of the pilot of Helvetia III which issues "Swiss franc digital central bank money for financial institutions," it is encouraging to see that so far it allows the SNB to keep...
JPMorgan Chase & Co. reportedly partnered up with San Francisco-based company Gusto to use its technology for launching digital payroll service, CNBC wrote on Thursday citing the chief executive of Gusto, Josh Reeves.
"If you're a customer of Chase payments solutions, you can go to payroll...
Bank of Japan Governor Haruhiko Kuroda stated Tuesday that the bank needs to be ready to emit central bank digital currencies (CBDC). According to Kuroda, the measure would help provide the public with a secure digital payment system.
"Ensuring the coexistence of CBDC with various other forms...
European Central Bank (ECB) President Christine Lagarde hinted on Tuesday, speaking at a high-level panel, organized by Banque de France, that cryptos are "disruptive" to the traditional central banking systems and underlined that the creation of a digital euro is needed.
"There should not be...
United Kingdom-based digital bank Starling expects to go public within one to two years, the company CEO Anne Boden said on Tuesday.
According to Boden, the company backed by Goldman Sachs, Fidelity Investments and Qatar’s sovereign wealth is "one or two years away" from an IPO, which is...
The European Union is set to present its plans for a digital wallet that will be available for use in the entire bloc on Wednesday, following the members' request to create a safer approach to services amid the COVID-19 pandemic, the Financial Times reported on Tuesday.
According to sources, the...
The Bank of Russia plans to allocate the entire year of 2022 for testing the digital ruble, said the bank's First Deputy Governor Olga Skorobogatova in an online press conference on Thursday.
Skorobogatova said that the Bank of Russia will implement a roadmap strategy based on the test results. She...
The Bank of Russia admitted on Tuesday it has started a series of consultations that would boost the potential launch of the digital ruble. Still, the bank hasn’t decided yet whether to launch this digital currency.
However, the country’s biggest retail bank Sberbank is already one of the Russian pioneers...
European Central Bank (ECB) Supervisory Board member Pentti Hakkarainen said on Monday that modern technology must be used to build the new, digital, reality of European banking supervision, adding that "none of it is science fiction anymore."
Hakkarainen pointed out two "key elements" of the...
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