PYMNTS

JUNE 8, 2020

United Nations global blockchain expert Massimo Buonomo has foreseen a future where digital currencies could replace low-interest bank accounts, Coindesk reports. In addition, Buonomo said digital currencies, especially central bank digital currencies (CBDC) may eventually be able to replace all bank accounts.

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Blockchain Accounts Digital Currency Federal Reserve 135

The Fintech Times

JULY 12, 2024

As the popularity of digital currencies grows in the region, firms are looking to bridge the worlds of decentralised finance with traditional finance to make offerings more accessible to all. Together, CPICIMHK and AMINA Group are providing a bridge between the established financial sector and the emerging world of digital assets.

Digital Currency 64

Digital Currency APACS Blockchain Risk Management 64

PYMNTS

NOVEMBER 10, 2020

PayPal is opening its network to allow consumers to shop using cryptocurrency. Webster noted that bitcoin has been around for a decade, and while the conventional wisdom had been that the digital offering would be used far and wide as a payment transacting conduit, those predictions have been wildly off the mark. Back in May, i2c Inc.

Cryptocurrency 129

Cryptocurrency Blockchain Bitcoin Online and Mobile Banking 129

PYMNTS

OCTOBER 7, 2020

The Bank of Korea has said it plans to begin testing distribution of its digital currency next year, according to a report by The Korea Herald. The project isn't an indication that the Bank of Korea is officially launching a digital currency — just that it is testing how that would work.

Digital Currency 83

Digital Currency Central Bank CBDC Cryptocurrency 83

PYMNTS

DECEMBER 2, 2020

Visa will provide a credit card that allows companies to make and get payments with the digital currency via the card once Circle graduates from Visa’s Fast Track initiative. Visa itself will not custody the cryptocurrency. Blockchain networks and stablecoins, like USDC, are just additional networks.”.

Digital Currency 81

Digital Currency Wire Transfer Credit Cards Stablecoins 81

The Payments Association

DECEMBER 13, 2023

Blockchains have created a narrative that they are an underlying technology that powers cryptocurrencies that challenge the traditional financial system. However, in reality, blockchain is way more than that, with a […] Read more

Blockchain 88

Blockchain Cryptocurrency Technology Digital Currency 88

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. The pilot will run until February 2021 and will use blockchain technology, the Riksbank said.

Central Bank 105

Central Bank Digital Currency CBDC Online and Mobile Banking 105

Fintech News

JANUARY 23, 2024

Singapore-based payment solutions provider AXS has partnered with Triple-A to introduce bill payments using digital currencies through AXS’s platforms. The service, accessible via AXS m-Station, supports cryptocurrencies like Bitcoin, Ether, Tether, and USD Coin.

Digital Currency 60

Digital Currency Payments Settlement Bitcoin 60

Payments Source

JANUARY 7, 2020

Facebook’s Libra cryptocurrency project has drawn vast political pushback, but also more tangible government action as nations globally consider central bank supported digital currencies. It’s also sparking a potential bottom-up approach in New York.

Digital Currency 112

Digital Currency Central Bank Cryptocurrency Governance 112

The Fintech Times

MAY 1, 2024

In recent years, digital currencies have been all the rave. However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. Find out how blockchain is being used outside of crypto.

Metaverse 111

Metaverse FinTech Stablecoins Blockchain 111

The Fintech Times

SEPTEMBER 16, 2024

Bybit , the world’s second-largest cryptocurrency exchange by trading volume, has been granted a Provisional Approval for Virtual Asset Service Provider (VASP) licence for virtual asset exchange services from Dubai’s Virtual Assets Regulatory Authority (VARA).

Service Provider 59

Service Provider Security Multi-Currency Blockchain 59

CoinRemitter

JUNE 26, 2024

The impact of blockchain technology is visible across various industries worldwide. Today, blockchain integration in business is not just a trend but a strategic move. Blockchain’s decentralized nature offers immense opportunities for businesses to streamline their operations and unlock new opportunities to increase their profits.

Blockchain 40

Blockchain Central Bank Cryptocurrency Digital Currency 40

Fintech Review

APRIL 9, 2024

But now, there’s something new to consider: cryptocurrencies like Bitcoin. These digital currencies are becoming a popular choice for investors looking to add something different to their portfolios. This unique characteristic of cryptocurrencies emphasises their role in the strategic dispersion of investment risks.

Cryptocurrency 52

Cryptocurrency Bitcoin Returns Risk 52

The Fintech Times

MAY 22, 2024

In recent years, digital currencies have been all the rave. However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. But what is keeping this momentum going?

Cryptocurrency 78

Cryptocurrency Innovation Bitcoin Blockchain 78

PYMNTS

MAY 21, 2020

Patent and Trademark Office that would create a digital currency underpinned by blockchain technology. The company wrote in the document that under the system, users could “hold digital currency with the same denomination as the local physical currency (e.g., $100

Digital Currency 97

Digital Currency Central Bank CBDC Federal Reserve 97

Fintech Review

APRIL 9, 2024

But now, there’s something new to consider: cryptocurrencies like Bitcoin. These digital currencies are becoming a popular choice for investors looking to add something different to their portfolios. This unique characteristic of cryptocurrencies emphasises their role in the strategic dispersion of investment risks.

Cryptocurrency 52

Cryptocurrency Bitcoin Returns Risk 52

PYMNTS

AUGUST 11, 2019

The People’s Bank of China (PBoC) said it is now ready to launch its own blockchain-based digital currency after five years of research, CoinTelegraph reported on Sunday (Aug. He was unclear, however, when the digital currency might actually launch. Changchun made the announcement at the China Finance 40 Forum.

Digital Currency 67

Digital Currency Central Bank Blockchain Research 67

PYMNTS

JANUARY 26, 2021

But step beyond bitcoin and enter the world of cryptocurrencies approaching mainstream acceptance. At present, he said, a number of factors have inhibited the adoption of bitcoin as a transactional currency, including the fact that it’s expensive and can be very slow. “For Bitcoin gets all the headlines.

Cryptocurrency 102

Cryptocurrency Bitcoin Blockchain Digital Currency 102

PYMNTS

OCTOBER 29, 2020

The Bank of Canada is progressing in its plans for a national digital currency, moving past proof of concepts to “executable” plans, according to Reuters. In other news, blockchain tech company Ripple plans to invest in MoneyTap , a blockchain payments solution owned by SBI Holdings, according to CoinDesk.

Digital Currency 63

Digital Currency Bitcoin Blockchain Central Bank 63

CoinRemitter

FEBRUARY 9, 2024

A Central Bank Digital Currency is a country’s official currency, presented in a digital form. It operates on a blockchain network and is issued and backed by the central bank of the respective country. Unlike cryptocurrencies, they’re issued by centralized authorities and can be used as legal tenders.

Digital Currency 40

Digital Currency Central Bank CBDC Distributed Ledger Technology (DLT) 40

PYMNTS

APRIL 14, 2019

The International Monetary Fund ( IMF ) and the World Bank are partnering up to launch a private blockchain and “quasi-cryptocurrency.”. Since the coin has no monetary value, it’s not an actual cryptocurrency, according to The Financial Times.

Cryptocurrency 78

Cryptocurrency Blockchain Money Laundering Digital Currency 78

PYMNTS

NOVEMBER 27, 2019

The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo!

Central Bank 94

Central Bank Digital Currency Distributed Ledger Technology (DLT) CBDC 94

PYMNTS

SEPTEMBER 9, 2020

Blockchain firm Digital Currency Group (DCG) has bought the Luno cryptocurrency exchange, which it will keep running as an independent subsidiary, according to a Wednesday (Sept. based company offers digital asset instruction, investment technology and information for people in Europe, Asia and Africa.

Digital Currency 60

Digital Currency Bitcoin Blockchain Cryptocurrency 60

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). Institutional investors focus on digital assets.

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Settlement Cryptocurrency Blockchain Digital Currency 122

Clearly Payments

AUGUST 24, 2024

The adoption of blockchain technology has further revolutionized cross-border P2P transfers. Blockchain-based platforms, such as Ripple, have reduced the cost and time associated with international transfers. Cryptocurrencies: A Decade of Growth Cryptocurrencies, led by Bitcoin, have seen remarkable growth over the past decade.

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Debit Card P2P Cross-Border Central Bank 105

Finovate

JUNE 3, 2024

PayPal’s stablecoin, PayPal USD (PYUSD), was officially added to the Solana Blockchain last week. This shift comes after the California-based company launched on Ethereum blockchain last summer. Offering multiple blockchain allows users to choose different options based on their preferred cost and transaction speed.

Stablecoins 111

Stablecoins PayPal Consumer Blockchain 111

Fintech Review

SEPTEMBER 3, 2024

The digital payments landscape is rapidly evolving, driven by technological advancements and changing consumer preferences. As we look towards 2025, several key trends are shaping the future of digital payments, including contactless payments, cryptocurrency transactions, and mobile payment solutions. from 2021 to 2030.

Payments Trends 94

Payments Trends Digital Payments Contactless Payments Cryptocurrency 94

Payments Source

OCTOBER 28, 2020

Blockchain has too many advantages over traditional payment solutions for merchants to ignore. By accepting cryptocurrency, merchants can tap into a growing multibillion-dollar market and get a taste of a cashless, borderless future, says Nash's Kellogg Fairbank.

Blockchain 142

Blockchain Cryptocurrency Payments Payment Solutions 142

CB Insights

SEPTEMBER 7, 2021

Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. For example, online exchanges are making cryptocurrency trading and investing more accessible to consumers. download our best of blockchain research. download our best of blockchain research.

Blockchain 101

Blockchain NFTs Distributed Ledger Technology (DLT) Multi-Currency 101

PYMNTS

DECEMBER 4, 2019

For China: Digital currency, yes. Blockchain? 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. But not bitcoin. But not bitcoin. The Roadmap.

Digital Currency 55

Digital Currency Bitcoin Money Laundering Cryptocurrency 55

PYMNTS

JANUARY 4, 2019

A New York State politician announced the creation of what he called the nation’s first cryptocurrency task force, to “study how to properly regulate, define and use” the currency, according to a Facebook post and reports. Cryptocurrency, however, is more than just an asset that stores value.

Cryptocurrency 65

Cryptocurrency Digital Currency Blockchain Bitcoin 65

PYMNTS

NOVEMBER 25, 2020

The Federal Ministry of Finance in Nigeria is said to be in discussions with the securities watchdog in the country to create a new digital currency and blockchain structure, Cointelegraph reported. As it stands, bitcoin and other digital currencies are seeing increasing use in Nigeria.

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Bitcoin Blockchain Digital Currency Blocks 110

Fintech Review

JULY 10, 2024

These platforms leverage blockchain technology to create open, accessible, and secure financial systems that operate without the need for intermediaries like banks. For example, in Sub-Saharan Africa, platforms like Acala Network and Terra are providing stablecoin solutions that offer much-needed stability amidst volatile local currencies.

Finance 97

Finance Financial Inclusion Underserved Blockchain 97

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 78

PYMNTS

MAY 27, 2020

The movement toward digital currencies may be a bit of an arms race of sorts, for now. 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

The Fintech Times

FEBRUARY 16, 2024

Blockchain and cryptocurrency have massive potential to help vulnerable and underrepresented communities. Evidence of this can be seen with the launch of Paystand.org, the corporate social responsibility (CSR) arm of Paystand , the blockchain-enabled commercial payments platform.

Bitcoin 72

Bitcoin Blockchain Financial Inclusion Underserved 72

PYMNTS

DECEMBER 7, 2020

Bill Winters, CEO of Standard Chartered , said he sees the adoption of digital currencies on a widespread scale as inevitable, CNBC reported. Winters, speaking at the Singapore FinTech Festival, said there would likely be room for both state-backed digital currencies as well as privately-owned ones, CNBC reported.

Digital Currency 57

Digital Currency Blockchain Bitcoin Gateways 57