Digital Payments

The yuan, China's national currency.

Policy

Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years

Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.

The yuan, China's national currency.

Nov 19, 2020 at 11:23 p.m. UTC

Nov 19, 2020

ChinaGoldman SachsAlibabaDCEPDigital Payments

ECB President Christine Lagarde.

Policy

ECB President: Europe Has Fallen Behind in the Digital Payments Race

European Central Bank President Christine Lagarde said a digital euro can place the region at the cutting edge of innovation but it may have fallen behind in the global compet...

ECB President Christine Lagarde.

By Sandali Handagama

Sep 11, 2020 at 6:00 a.m. UTC

Sep 11, 2020

EuropeECBCBDCChristine LagardeEuroDigital Payments

Flag of Bermuda (Creative Photo Corner/Shutterstock)

Markets

Government of Bermuda Pilots Stimulus Token in Response to COVID-19 Crisis

Bermuda is looking to speed up the distribution of financial aid to its citizens and has begun trialing a digital stimulus token.

Flag of Bermuda (Creative Photo Corner/Shutterstock)

By Sandali Handagama

Sep 1, 2020 at 1:01 p.m. UTC

Sep 1, 2020

BermudaTokenizationAdoptionStimulusDigital Payments