Russia's biggest bank has joined the country's digital currency scheme, which could help the economy weather turbulence caused by sanctions. Russia's Central Bank announced that Sberbank, as well as ...

While Americans pull crumpled paper bills out of their pockets to pay for their Mega Millions tickets, Canadians are busy ditching all of their old currency. The Canadian government introduced plastic ...

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 ...

What Does Central Bank Digital Currency Mean? A Central Bank Digital Currency is a digital form of a country's fiat currency issued by its central bank. Unlike cryptocurrencies, CBDCs are centralized ...