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.

Bitcoin 69

Bitcoin Central Bank Cross-Border Payments Digital Currency 69

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 ).

Central Bank 57

Central Bank Digital Currency CBDC Settlement 57

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.

CBDC 40

CBDC Retail Payments Central Bank Digital Currency 40

PYMNTS

NOVEMBER 25, 2020

Bitcoin and other offerings have not yet evolved into real alternatives to sovereign monetary activities, but stablecoins present challenges. Among the potential and evolving use cases: private stablecoins can conceivably be adopted as a means of payment for online purchases, peer-to-peer and micro-payments and a range of potential future.

Stablecoins 92

Stablecoins Regulations Distributed Ledger Technology (DLT) Digital Currency 92

Clearly Payments

JANUARY 4, 2024

Popular cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). Each cryptocurrency operates on its own underlying technology and has unique features that may cater to different use cases. Among the frontrunners is Bitcoin (BTC), widely recognized as the pioneer in the digital currency space.

Cryptocurrency 105

Cryptocurrency Stablecoins Cross-Border Payments Digital Currency 105

PYMNTS

JANUARY 28, 2021

With more emerging use cases and an increasingly accepting regulatory landscape, cryptocurrencies are gaining traction in new areas of the market, and corporate treasurers want in. Evolving Use Cases. Early adopters were placing bitcoin on their balance sheets, for example, or accepting payment in cryptocurrency.

Treasury 84

Treasury Cross-Border Cross-Border Payments Interoperability 84

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.

Process 102

Process Digital Currency Online and Mobile Banking Payments 102

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.

APACS 98

APACS FinTech Digital Currency Blockchain 98

PYMNTS

DECEMBER 31, 2020

As of this writing, the marquee name in cryptocurrencies, bitcoin, is changing hands at more than $28,100. Along the way, institutional investments in bitcoin have gotten a boost. Square , PYMNTS reported, has held tens of millions of dollars of bitcoin on its balance sheet. Watch The Use Cases.

Bitcoin 135

Bitcoin Digital Currency Cryptocurrency Central Bank 135

Clearly Payments

JANUARY 25, 2024

Digital Currency and Payments in Canada In 2024, the Canadian digital currency market has experienced a notable surge in mainstream adoption, driven by increased media coverage, educational initiatives, and expanding use cases such as retail payments and cross-border transfers. Additionally, the recent approval of U.S.-listed

Process 105

Process Online and Mobile Banking Electronic Funds Transfer (EFT) Digital Currency 105