PYMNTS

MAY 20, 2020

Is now the prime time for blockchain ? As COVID-19 has disrupted supply chains worldwide, Brian Behlendorf , executive director of Hyperledger , told Karen Webster that the pandemic has spurred a shift in thinking about new use cases for permissioned blockchains. The Emerging Use Cases.

Blockchain 131

Blockchain Credential Use Case Database 131

PYMNTS

DECEMBER 30, 2020

At a time when 90 percent of Americans have never owned bitcoin and nearly 70 percent say they have no plans to do so in the future, the thought of widespread adoption and usage of cryptocurrency seems to be a distant prospect for most people. Bitcoin is awesome. Janet Yellen supports blockchain as a technology. Baby Steps .

Fed 107

Fed Bitcoin Cryptocurrency Digital Currency 107

PYMNTS

FEBRUARY 28, 2018

Taiwan’s central bank is looking into implementing blockchain technology in order to improve its operations. That same month, then-Governor of Taiwan’s Central Bank, Perng Fai-nan, said bitcoin should be added to the notification system in the country in order to prevent money laundering.

Central Bank 42

Central Bank Blockchain Cross-Border Payments Cross-Border 42

PYMNTS

OCTOBER 29, 2019

The Chinese state media advised people to stay levelheaded following a price escalation of bitcoin and blockchain stocks triggered by Chinese President Xi Jinping’s support, Reuters reported on Tuesday (Oct. Blockchain’s future is here, but we must remain rational,” he said, according to state-run news outlet the People’s Daily.

Bitcoin 41

Bitcoin Blockchain Digital Currency Cryptocurrency 41

PYMNTS

OCTOBER 28, 2018

Benedict Chan, CTO of BitGo, called the token “the best of both worlds,” adding that it has both “the stability of bitcoin and the flexibility of ethereum.”. In other news, the world’s four largest agribusinesses are teaming up to utilize blockchain and artificial intelligence to digitize international grain trades.

Bitcoin 62

Bitcoin CBDC Blockchain Central Bank 62

PYMNTS

NOVEMBER 10, 2020

Scan the headlines over the past few weeks and cryptos, well beyond the marquee bitcoin, are making inroads into mainstream consumer and business activities. Square bought $50 million of bitcoin. PayPal is opening its network to allow consumers to shop using cryptocurrency. The mechanics and clumsiness of it all have not helped.

Cryptocurrency 129

Cryptocurrency Blockchain Bitcoin Online and Mobile Banking 129

Fintech Review

APRIL 9, 2024

But now, there’s something new to consider: cryptocurrencies like Bitcoin. Unprecedented Diversification Opportunities Cryptocurrencies, with Bitcoin at the forefront, have quickly become essential components of diverse investment strategies, capturing the interest of investors across the globe.

Cryptocurrency 52

Cryptocurrency Bitcoin Returns Risk 52

PYMNTS

SEPTEMBER 4, 2019

Cryptocurrency firms doing business in the Netherlands will soon be required to register with Dutch Central Bank , according to CoinDesk. As a result, companies or individuals involved in the conversion of crypto to fiat currencies or offering crypto deposit services must register with the De Nederlandsche Bank (DNB) starting Jan.

Central Bank 49

Central Bank Blockchain Money Laundering Bitcoin 49

Clearly Payments

AUGUST 24, 2024

World Bank data indicates that global remittances reached $794 billion in 2023. Over 15,000 businesses worldwide accept Bitcoin payments as of 2024. The adoption of blockchain technology has further revolutionized cross-border P2P transfers. trillion, with Bitcoin alone accounting for over 50% of this value.

Debit Card 82

Debit Card P2P Cross-Border Central Bank 82

Fintech Review

APRIL 9, 2024

But now, there’s something new to consider: cryptocurrencies like Bitcoin. Unprecedented Diversification Opportunities Cryptocurrencies, with Bitcoin at the forefront, have quickly become essential components of diverse investment strategies, capturing the interest of investors across the globe.

Cryptocurrency 52

Cryptocurrency Bitcoin Returns Risk 52

PYMNTS

MAY 27, 2020

But the question arises: Once they’ve been created and backed by central banks, what do you do with them once you have them? 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).

Central Bank 57

Central Bank Digital Currency CBDC Settlement 57

PYMNTS

JUNE 18, 2019

It has nothing to do with blockchain. Fully private, controlled, centralized, verified and authorized by a small number of permissioned nodes. So, what is crypto or blockchain about it? Russia’s central bank might one day launch its own digital currency. None,” he said in an interview with CoinDesk.

Digital Currency 53

Digital Currency Central Bank Bitcoin Cryptocurrency 53

PYMNTS

MAY 20, 2020

Blockchain-based lodging reservation platform Travala.com has unveiled a merger with TravelbyBit, a Binance-backed “cryptocurrency-friendly” flight reservation site, according to an announcement on Wednesday (May 20). The institution noted per the report that it tried out a central bank digital currency (CBDC) sale of securities in mid-May.

Bitcoin 52

Bitcoin Blockchain Digital Currency CBDC 52

PYMNTS

APRIL 21, 2019

Afghanistan is looking to boost its ailing economy with bitcoin. Sediq explained that bitcoin could be used with a form of metals future, such as lithium, adding that the value of Afghanistan’s mineral reserves is estimated at more than $3 trillion. In the meantime, Afghanistan isn’t the only country looking into bitcoin.

Bitcoin 81

Bitcoin Economy Blockchain Central Bank 81

Payments Source

FEBRUARY 1, 2018

The South Asian nation’s income tax officials had started investigations into transactions at various illegal bitcoin exchanges in December, soon after the country’s central bank cautioned users about potential risks.

Bitcoin 67

Bitcoin Central Bank Blockchain Risk 67

PYMNTS

NOVEMBER 21, 2019

Paris-based Ultra , which has created its own blockchain, announced that French video game giant Ubisoft will become the first major gaming system to test out payments on its blockchain for gamers. The population of the country sees these capital controls are put in place, and then they’re going to look for a way around it.

Bitcoin 52

Bitcoin Blockchain Gateways Digital Currency 52

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. The bank’s perspective about private currencies are separate from those of other central banks.

Digital Currency 60

Digital Currency CBDC Blockchain Bitcoin 60

PYMNTS

NOVEMBER 26, 2019

In other news, crypto exchange Bitfinex and its sister firm, stablecoin issuer Tether , have been accused again of manipulating the bitcoin markets. 22, says that both companies “monopolized and conspired to monopolize the Bitcoin market.”. When Bitcoin prices were falling, Defendants and their co-conspirators printed USD?s

Bitcoin 52

Bitcoin Blockchain Stablecoins Wire 52

PYMNTS

AUGUST 23, 2018

Bitcoin got a jump, spiking more than $400 to about a two-week high and nearing $7,000. In Thailand, headlines showed that the country’s central bank will issue its own digital currency. In Thailand, headlines showed that the country’s central bank will issue its own digital currency.

Central Bank 41

Central Bank Distributed Ledger Technology (DLT) Bitcoin Accounts 41

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. The bank’s perspective about private currencies are separate from those of other central banks.

Digital Currency 52

Digital Currency CBDC Blockchain Central Bank 52

PYMNTS

NOVEMBER 4, 2020

Bit by bit — but more than bitcoin by bitcoin — cryptos are inching into the mainstream, for both consumer and commercial applications. Elsewhere, Square announce last month that it has invested $50 million — approximately 1 percent of its total second-quarter assets — to purchase roughly 4,709 bitcoins. “We

Bitcoin 83

Bitcoin Cryptocurrency Office of the Comptroller of the Currency Stablecoins 83

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.

Bitcoin 69

Bitcoin Central Bank Cross-Border Payments Digital Currency 69

PYMNTS

JULY 2, 2020

The blockchain has been touted as the solution for any host of information and asset transfer issues — due in part to the fact that data in a blockchain cannot be altered (i.e. Lack of access to banking is a significant issue for blockchain projects, even today,” Public Mint said. is immutable).

Blockchain 90

Blockchain Stablecoins Financial Inclusion Wire Transfer 90

CoinRemitter

MAY 29, 2024

With the rise in digital currencies for payments and transactions, two innovations are much discussed: Central Bank Decentralised Currencies (CBDCs) and cryptocurrencies. CBDCs Central Bank Decentralised Currencies (CBDCs) is a form of digital currency, that is issued and regulated by the central bank of a country.

Cryptocurrency 49

Cryptocurrency Central Bank Digital Currency Privacy 49

PYMNTS

DECEMBER 13, 2017

The central bank of Australia is in the midst of considering whether to create bank notes using blockchain, according to news from The Financial Times. The bank notes would, in turn, be distributed by financial institutions.

Central Bank 43

Central Bank Electronic Banking Bitcoin Blockchain 43

Fintech Review

APRIL 24, 2024

“CBDCs” or Central Bank Digital Currencies are gaining significant traction. They represent the digital form of a nation’s official currency, issued and regulated directly by the central bank. The Advantages of CBDCs CBDCs promise to significantly enhance the efficiency of financial transactions.

Central Bank 91

Central Bank CBDC Cross-Border Payments Cross-Border 91

Fintech News

MAY 21, 2024

As the financial landscape undergoes a digital revolution, institutional investors are increasingly turning their attention to digital assets such as cryptocurrencies and Central Bank Digital Currencies (CBDCs). Central Bank Digital Currencies (CBDCs) topped the list, with 33% of respondents foreseeing their widespread adoption.

Settlement 135

Settlement Cryptocurrency Blockchain Digital Currency 135

Payments Source

DECEMBER 14, 2018

The People’s Bank of China, the country’s central bank, plans to introduce a digital currency of its own. But unlike the decentralized blockchain-based offerings, this one could give Beijing more control over its financial system.

Bitcoin 83

Bitcoin Digital Currency Central Bank Blockchain 83

The Paypers

NOVEMBER 28, 2016

(The Paypers) Argentina's Central Bank has shown interest in exploring blockchain technology and held a hackathon that united students, professionals, economists and Bitcoin and blockchain enthusiasts.

Central Bank 35

Central Bank Blockchain Bitcoin Technology 35

PYMNTS

JUNE 25, 2018

During the “Future of Token Economy” panel at the Crypto Valley Conference in Zug, Switzerland last week, Moser said that blockchain is similar to the “useless innovation” of compact discs, according to Cryptovest. He added that there is also the possibility that bitcoin will be replaced by another crypto sooner or later.

Central Bank 40

Central Bank Bitcoin Cryptocurrency Blockchain 40

PYMNTS

OCTOBER 29, 2019

The Inter-American Development Bank is launching a two-year blockchain project for land registries in three Latin American countries. Phase One will involve figuring out how to connect land registries to the blockchain in a secure way, as well as what technology to use.

Bitcoin 40

Bitcoin Blockchain Mobile Payments Digital Currency 40

PYMNTS

JANUARY 18, 2021

dollar will remain strong on the international stage and won’t be surpassed by bitcoin anytime soon, although it could be a veritable reserve currency, CoinDesk reported. Other than, you know, gold, bitcoin. Flynn purchased bitcoin for his roughly 450 clients, the report stated. Unless the U.S. Unless the U.S.

Bitcoin 63

Bitcoin Digital Currency Cryptocurrency Central Bank 63

PYMNTS

SEPTEMBER 2, 2019

The People’s Bank of China (PBoC) is looking toward new technologies to keep a closer eye on the nation’s FinTech , blockchain and digital lending markets. It has also been unfriendly toward other forms of digital finance, including the peer-to-peer lending industry.

Central Bank 77

Central Bank FinTech Digital Currency Bitcoin 77

PYMNTS

JANUARY 5, 2020

The SEC’s initial complaint in October alleges that Telegram and its wholly-owned subsidiary TON began raising capital in January 2018 to finance the companies’ business, including the development of its own blockchain, the “Telegram Open Network” or “TON Blockchain,” as well as the mobile messaging application Telegram Messenger. .

Blockchain 52

Blockchain Bitcoin Cryptocurrency Encryption 52

PYMNTS

DECEMBER 4, 2019

But not bitcoin. Blockchain? But not bitcoin. The price of bitcoin, that marquee name in cryptocurrencies, has plummeted in the last several weeks, down roughly 20 percent at this writing to a recent $7,400, where the price had been more than $9,400 a month ago. For China: Digital currency, yes. The Roadmap.

Digital Currency 55

Digital Currency Bitcoin Money Laundering Cryptocurrency 55

PYMNTS

OCTOBER 15, 2020

In other news, Stellar has become an official blockchain for USD Coin (USDC), which is anticipated to be available on Stellar in the first quarter of next year, according to a Thursday (Oct. Stellar is the third blockchain that has native support for USDC, according to the consortium, which was co-founded by Coinbase and Circle.

Digital Currency 119

Digital Currency Bitcoin Blockchain Legal 119

The Fintech Times

MAY 26, 2024

Central bank digital currencies (CBDCs), digital money regulated by a country’s central bank, are currently being tested across the world. Yet many central banks have already actioned plans to introduce them. Developed and emerging markets alike are considering the possibility of introducing CBDCs.

CBDC 98

CBDC Central Bank Privacy Stablecoins 98