PYMNTS

APRIL 7, 2020

Shipping technology company CargoSmart Limited led an experimental blockchain project for the release of cargo with the Shanghai International Port Group (SIPG), Tesla and China Ocean Shipping Company (COSCO), according to an announcement. Truckers were then able to retrieve cargo at the terminal quicker.

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Digital Currency CBDC Blockchain Central Bank 52

PYMNTS

DECEMBER 22, 2020

The experiments aim to examine a digital euro’s technical feasibility as well as its “programmability” as a coin separate from a central bank digital currency, (CBDC) according to CoinDesk. The European Central Bank has been a vocal supporter of a digital euro, advocating for a CBDC.

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Distributed Ledger Technology (DLT) CBDC Digital Currency Bitcoin 69

Fintech Review

APRIL 24, 2024

Distinct from decentralised cryptocurrencies such as Bitcoin , CBDCs are centralised and backed by government authorities. Fintech Review delves into the characteristics of CBDCs, examining their potential benefits, and addressing the complexities they introduce to the global financial system. The post What are CBDCs?

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Central Bank CBDC Cross-Border Payments Cross-Border 91

PYMNTS

SEPTEMBER 3, 2018

Japanese eCommerce company Rakuten is planning to acquire the cryptocurrency exchange service called everybody’s bitcoin Inc., and everybody’s bitcoin parent company Traders Investment, Inc. According to Rakuten, everybody’s bitcoin started as a crypto exchange service in March of 2017. according to an announcement.

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Bitcoin Blockchain Acquirers Posting 41

PYMNTS

JANUARY 20, 2020

As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. The language is interesting — and noteworthy.

Digital Currency 87

Digital Currency CBDC Retail Payments Central Bank 87

PYMNTS

MARCH 22, 2019

Agustin Carstens, the general manager at the Bank for International Settlements , said that banks shouldn’t issue their own bitcoin-like tokens because it could undermine global financial stability, as well as monetary policy, according to a report by Bloomberg. A move like this could potentially undermine the whole system, he said.

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Bitcoin Central Bank Cross-Border Payments Digital Currency 69

PYMNTS

FEBRUARY 21, 2020

Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the world’s first central bank digital currency (CBDC), according to reports on Thursday (Feb. CBDCs are a digital form of traditional money issued and governed by a country’s central bank.

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Central Bank Digital Currency CBDC Online and Mobile Banking 105

PYMNTS

DECEMBER 12, 2019

Yao’s hiring was anticipated because of his contribution to the development of the central bank digital currency (CBDC) and his deep understanding of FinTech and blockchain, according to Caijing. The new team would follow a model similar to Square Crypto, a bitcoin-focused entity separate from Dorsey’s FinTech unicorn Square. .

Digital Currency 52

Digital Currency Regulations Bitcoin Central Bank 52

PYMNTS

JUNE 19, 2020

The Bank of Thailand plans to work on a new payment system for businesses using Central Bank Digital Currency (CBDC), according to a press release , which will be a step toward readying the business sector for the digital age. The release says the step will help CBDC reach wider audiences, beginning with corporate entities.

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CBDC Cross-Border Digital Payments Digital Currency 98

Fintech Finance

MAY 23, 2024

Reltime , a leading innovator in blockchain and Web3 technology, is thrilled to announce the launch of its state-of-the-art Global Payment Gateway (GW), designed to empower merchants and shops worldwide to accept payments from all popular digital currencies. Digital USD/EUR, Bitcoin, Ethereum, etc.

Digital Currency 59

Digital Currency Payment Gateways Multi-Currency Gateways 59

PYMNTS

FEBRUARY 25, 2020

Called Avanti, the venture is put forward by Caitlin Long, a legislative champion for blockchain and a former Wall Street veteran. Blockchain circles have been enamored with central bank digital currencies (CBDCs), but the feeling doesn’t seem to be mutual as banks aren’t as interested in that form.

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Rules CBDC Money Laundering Central Bank 52

PYMNTS

MAY 27, 2020

As noted in this space last week, about 80 percent of 66 central banks queried by the Bank of International Settlements (BIS) are working on central bank digital currencies (CBDC). He pointed to the concept of synthetic central bank digital currencies ( CBDC ).

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Central Bank Digital Currency CBDC Settlement 57

Fintech News

JANUARY 9, 2024

Cryptocurrencies Market Resurgence The resurgence in cryptocurrency prices and the anticipated halving of Bitcoin in mid-2024 has reignited interest in the potential of distributed ledger technology to reshape the financial landscape. It remains to be seen how the industry will evolve and address these challenges in 2024.

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APACS FinTech Digital Currency Blockchain 83

PYMNTS

JANUARY 20, 2020

As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. The language is interesting — and noteworthy.

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CBDC Retail Payments Central Bank Digital Currency 40

Fintech News

OCTOBER 28, 2024

SmashFi (South Korea) SmashFi is a service designed to help individual investors easily accumulate and securely store Bitcoin. Often, new investors purchase Bitcoin through exchanges and leave it there, exposing their assets to risks such as exchange bankruptcy or hacking.

FinTech 102

FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 102

PYMNTS

APRIL 24, 2020

China is the first country to launch a central bank digital currency (CBDC) or digital currency electronic payment (DCEP). The digital yuan is structured using a central bank-issued CBDC for commercial banks and a commercial bank-issued CBDC focused on the public.

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CBDC Digital Currency Stablecoins Central Bank 83

PYMNTS

NOVEMBER 25, 2020

“Today, authorities around the world are grappling with the rise of digital currencies and decentralized finance based on both emerging technologies — particularly various combinations of distributed ledger technology (DLT) and blockchain and advances in traditional centralized systems underpinning finance,” according to the report.

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Stablecoins Regulations Distributed Ledger Technology (DLT) Digital Currency 92

The Fintech Times

SEPTEMBER 10, 2024

Enabling technologies such as artificial intelligence (AI), blockchain, and big data continue to drive innovation across the fintech landscape. Crypto change China banned cryptocurrencies like Bitcoin in 2021 , shifting its focus to developing its own central bank digital currency (CBDC).

FinTech 59

FinTech Online and Mobile Banking Central Bank Digital Currency 59

Clearly Payments

FEBRUARY 19, 2024

The digital currency and payments market encapsulates various facets, including cryptocurrencies like Bitcoin and Ethereum, central bank digital currencies (CBDCs), stablecoins pegged to real-world assets, digital wallets , and blockchain-based payment networks.

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Process Digital Currency Online and Mobile Banking Payments 71

CoinRemitter

JULY 9, 2024

Regulations on the Fusion of AI and Blockchain In recent years, the worlds of cryptocurrency and Artificial Intelligence have often been seen as separate and even competitive. Experts are witnessing the potential of integrating AI on blockchain to revolutionize crypto trading strategies.

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Stablecoins Financial Crimes Cryptocurrency Money Laundering 40

Clearly Payments

AUGUST 29, 2024

This article covers what CBDCs are, how they have evolved until 2024, their impact on payments, and the future they could shape. What Are CBDCs? A Central Bank Digital Currency (CBDC) is a digital form built on blockchain technology of a country’s fiat currency issued and regulated by the central bank.

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Central Bank Digital Currency CBDC Cross-Border Payments 85

Wharton Fintech

FEBRUARY 26, 2024

I will go back maybe a decade ago again with blockchain. I used to joke that everyone tried to end every conversation, every sentence with “on the blockchain.” We have done a lot of work with blockchain technology, particularly stablecoin. It is really important to separate out blockchain as a technology.

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Visa Technology Payments Encryption 52

Clearly Payments

JANUARY 4, 2024

Unlike traditional currencies issued by governments and central banks, cryptocurrencies are typically based on blockchain technology, a distributed ledger that records all transactions across a network of computers. Popular cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). What are Stablecoins?

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Cryptocurrency Stablecoins Cross-Border Payments Central Bank 79

The Fintech Times

JANUARY 24, 2024

While not currently a major point for debate in the lead-up to the US Presidential election, Trump first made his views on a CBDC clear at a rally in Portsmouth, New Hampshire on 18 January 2024 during the Republican presidential primary campaign. Such a currency would give our federal government absolute control over your money."

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CBDC Digital Currency Central Bank Privacy 95