Caps Central Bank Digital Currency 
PYMNTS
OCTOBER 14, 2020
The central bank of Russia is seeking to place a yearly cap on the amount of cryptocurrency that retail investors can purchase, CoinDesk reported. Non-qualified investors wouldn’t be able to purchase over 600,000 rubles (approximately $7,740) per a proposal that the Bank of Russia released.
The Payments Association
NOVEMBER 18, 2024
The rise of stablecoins reflects a broader acceptance of digital currencies within the financial ecosystem. of the total cryptocurrency market capitalization, with a total market cap of $162.36 Tether (USDT) remains the dominant stablecoin, with a market cap of $125 billion as of November 13, 2024. billion in May 2022.
PYMNTS
FEBRUARY 6, 2020
In today’s top payments news, Stripe and Lightspeed team up to advance in-store and online payments for retailers and restaurants, the Federal Reserve weighs the costs and benefits of a digital currency and the Reserve Bank of Australia considers stopping banks from automatically routing “tap and go” payments through Visa and Mastercard.
PYMNTS
NOVEMBER 17, 2020
The digital currency reached a high of approximately $17,860 on Tuesday (Nov. Digital currency enthusiasts have been witnessing bitcoin rise all year, and a number of them are targeting the December 2017 high of nearly $20,000.
PYMNTS
SEPTEMBER 6, 2018
By way of illustration, the company gave a scenario: “Two financial institutions transacting together agree to use a stable coin, central bank digital currency or other digital assets as the bridge asset between any two fiat currencies.
PYMNTS
JANUARY 10, 2017
Last week, China’s central bank, the People’s Bank of China (PBOC), had advised investors to be cautious when investing in digital currency. The central bank’s comments come as Beijing escalates a campaign to check capital outflows, said Reuters , and to slow the depreciation of the yuan.
PYMNTS
JANUARY 20, 2017
The price of the popular digital currency spent the week climbing back up after fears that China could crack down on its domestic exchanges caused its value to slump. Bitcoin’s current estimated market cap is over $14.5 The CBN advises banks to not transact, hold, trade or use digital currency.
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