Consumer Protection Digital Currency Money Laundering 
The Fintech Times
FEBRUARY 27, 2024
Having looked at some of the biggest technologies to impact the payments world, like buy now pay later (BNPL) and central bank digital currencies (CBDCs) , we now look to the future and what the next trend may be. This lightens the human load, allowing teams to concentrate on more complex and strategic tasks.
PYMNTS
OCTOBER 3, 2019
While Philadelphia Federal Reserve Bank President Patrick Harker believes it’s “inevitable” that central banks will eventually issue digital currencies, he warned that the United States shouldn’t be first in line. He admitted that when it comes to the future of the Fed, digital currency will most likely play a part. “I
PYMNTS
NOVEMBER 12, 2019
12) that central banks have no reason to issue digital currency. He added that no organization can offer sovereign credit backing that way national currencies do. Greenspan’s remarks come on the heels of China’s announcement that it would launch a digital currency in early 2020. Former U.S. What comes next?
PYMNTS
AUGUST 16, 2020
China’s Ministry of Commerce is moving forward with its plan for a digital currency, according to a report by The Wall Street Journal (WSJ). The bill originally set out to distinguish digital assets from securities.
Clearly Payments
MARCH 11, 2024
Focus on Consumer Protection: The government seems more focused on consumer protection and staying informed about the evolving crypto landscape. These regulations aim to mitigate the risks of illicit activities associated with cryptocurrencies while fostering innovation and protecting consumers.
PYMNTS
MARCH 16, 2020
Intercontinental Exchange, the parent firm of Bakkt, had first made it known in the summer of 2018 that Starbucks was eyeing the retail use of digital currency payments. The Bank of Russia, however, reportedly supports the idea of digital financial assets and had gone so far as having an experimental tokenization project.
PYMNTS
OCTOBER 12, 2020
Facebook's proposed global digital currency Libra is expected to get pushback from G7 leaders who are anticipated to publicly oppose the project due to a lack of regulations, according to a Reuters report on Monday (Oct. The fear is that stablecoins could be used for money laundering and terrorist financing, among other crimes.
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