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Visa, Mastercard payment systems to be stopped? Check latest detailsVisa and Mastercard process more than 95 percent of card payments in the UK, according to the Payment Systems Regulator.- Bank of England considers shelving plans for a digital poundThe BOE has been privately urging the banking industry to instead accelerate payment innovations that could result in similar benefits with...
- Paying with e-CNY? First show a digital IDUnlike cash, or cryptocurrencies like Bitcoin, digital money issued by central banks won’t be pure tokens. Either the issuing monetary auth...
- BoE says 'stablecoin' payments need same regulation as banksThe central bank also said it had made no decision yet about whether to issue its own central bank digital currency, or CBDC, a prospect du...
- Can digital cash make inflation worse?The Fed and other central banks may have to rethink, among other things, their space-race-type competition to offer digital cash.
- Your money will be digital. Will it be smart?Lines of cryptographic code, running on a distributed ledger technology such as the Ethereum blockchain, will calculate the right payment a...
- 'Britcoin' not bitcoin? UK considers new digital currencyA BoE-backed digital version of sterling would potentially allow businesses and consumers to hold accounts directly with the bank and to si...
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