PYMNTS

MARCH 15, 2020

His whitepaper indicates that Akoins will work as “atomic swaps” between cryptocurrencies, fiat currencies, and mobile phone credits on the Akoin network. The Akoin Utility Token is the exclusive currency of the Akoin ecosystem.

Blockchain 73

Blockchain Cryptocurrency Rules Bitcoin 73

PYMNTS

JULY 1, 2019

Square Cash enables P2P payments and takes in funds – now including bitcoin deposits. And particuarly when none of the other commerce ecosystems, including WeChat, felt the need to create an entirely new payments network and digital currency to ignite commerce on their platforms. The same holds true in developing countries.

Bots 62

Bots Online and Mobile Banking Regulations PayPal 62

PYMNTS

OCTOBER 7, 2019

As part of that narrative, Marcus recently told regulators that Libra really isn’t a new currency, but that it is a “better payment network utilizing national currencies to deliver meaningful value to consumers all over the world.”. Except that’s not what the Libra whitepaper says. It was a tough sell at launch.

Regulations 79

Regulations Payment Networks Cross-Border Cryptocurrency 79

PYMNTS

JULY 15, 2019

To ward off the currency speculators that have tended to plague high-profile crypto projects like bitcoin , Libra will be a stablecoin, with its value pegged to the U.S. Nearly half of the world’s unbanked population lives in one of seven countries: Bangladesh, China, India, Indonesia, Mexico, Nigeria and Pakistan.

Regulations 40

Regulations Cryptocurrency Money Laundering Governance 40