As money gets more digital, we must recognize that barriers to a cashless society remain. Here's what to consider as digital currency becomes more common.
China is about to turn its central bank digital currency from a quiet pilot into a fully fledged piece of the financial system, with 2026 set as the year the project stops being an experiment and ...
Wall Street Journal: The Future of Everything Festival: China's Digital Currency Experiment
Join the team from WSJ's Heard on the Street for a look at China's futuristic adoption of digital payments and cashless transactions.
China is about to start paying interest on its official digital currency in a fresh push to get more people to use it after about a decade of development and testing. From Jan. 1, commercial banks ...
These scenarios are swiftly becoming reality in countries leading the shift towards a cashless future. But an independent report on cash use published in the UK finds that the rush to embrace digital payments risks leaving people behind, especially the most vulnerable in society.
Is a cashless society an inclusive one? People's demand for cash is still widespread across Asia, especially from the perspective of inclusive finance and consumer protection. For instance, in many cities across China, it has become increasingly difficult to hail and pay for a taxi, buy groceries, or even settle a bill without mobile payments.
ASEAN is transitioning to a cashless digital economy, with Thailand and Singapore at the forefront of linking domestic fast payment systems across borders.