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.

Central Bank 105

Central Bank Digital Currency CBDC Online and Mobile Banking 105

PYMNTS

OCTOBER 9, 2020

The Federal Reserve is collaborating with seven central banks and the Bank for International Settlements (BIS) to hammer out a framework for digital currency. . The People’s Bank of China (PBOC) is already testing the renminbi, a digital currency it says will extend the yuan’s worldwide reach.

Digital Currency 104

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PYMNTS

OCTOBER 19, 2020

19) on the bank’s potential rollout of a digital currency. Powell warned of potential downsides to the launch of a digital currency that need to be considered, arguing that the first priority should be to “get it right than to be the first,” Reuters reported. The Fed chief, noting that the U.S.

Digital Currency 108

Digital Currency Central Bank Fed Federal Reserve 108

Payments Source

DECEMBER 10, 2020

BitPay and Paxos are only the latest digital currency companies to pursue a national charter from the Office of the Comptroller of the Currency.

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Office of the Comptroller of the Currency OCC Cryptocurrency Digital Currency 148

Payments Source

MARCH 8, 2021

said it will acquire the cryptocurrency firm Curv as it seeks to beef up its talent pool for handling digital currencies. PayPal Holdings Inc.

PayPal 107

PayPal Cryptocurrency Acquirers Digital Currency 107

PYMNTS

DECEMBER 1, 2020

It’s been more than a year in the making — with no shortage of caution and criticism by lawmakers and regulators here in the states and in Europe — but Libra, the digital currency backed by Facebook and a revolving cast of other tech firms, could debut as early as next month. In fact, J.P.

Digital Currency 117

Digital Currency Central Bank Stablecoins Cross-Border Payments 117

Payments Dive

JULY 11, 2024

The May theft of over $300 million worth of bitcoin from Japanese cryptocurrency exchange DMM Bitcoin is the largest digital currency heist so far this year.

Digital Currency 158

Digital Currency Bitcoin Cryptocurrency 158

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

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.

Cryptocurrency 129

Cryptocurrency Blockchain Bitcoin Online and Mobile Banking 129

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. Bitcoin gets all the headlines.

Cryptocurrency 102

Cryptocurrency Bitcoin Blockchain Digital Currency 102

Payments Source

JULY 15, 2019

Facebook's announcement makes it more important than ever to clarify what a digital security and cryptocurrency are, and what they are not, according to Juan Hernandez, CEO of Openfinance and Carlos Domingo, CEO and co-founder of Securitize.

Cryptocurrency 121

Cryptocurrency Security Digital Currency ISOs 121

PYMNTS

DECEMBER 27, 2020

In a continuing showing of the strength of the cryptocurrency, bitcoin is now valued at $500,000, according to the report. The rise of the currency's value has been surging just over the past holiday weekend, breaking $25,000 on Friday (Dec. The price of bitcoin has passed $28,000 on Sunday (Dec. 25) and then $26,000 on Saturday (Dec.

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CBDC Bitcoin Digital Currency Cryptocurrency 101

PYMNTS

NOVEMBER 24, 2020

At 6:31 pm EST, the digital currency still hit high, sitting at $19,083.92, as the coin approaches its record price of $19,783, which it hit in December of 2017. Square and PayPal have reportedly been a major instigator in the price rally, buying large quantities of the digital currency.

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Bitcoin Digital Currency Cryptocurrency NOV 135

The Paypers

MAY 19, 2023

The government of Pakistan has announced that cryptocurrencies will never be legal in the country in a bid to prevent illegal digital currency transactions.

Cryptocurrency 78

Cryptocurrency Digital Currency Legal Governance 78

PYMNTS

JANUARY 25, 2021

The Reserve Bank of India (RBI) is exploring making a digital currency, a reversal of its prior position, according to a report from Cointelegraph. The RBI does acknowledge how popular cryptocurrency has become, although Indian regulators and the local government are still apprehensive and skeptical, according to Cointelegraph.

Digital Currency 127

Digital Currency Central Bank Government Governance 127

Clearly Payments

MARCH 11, 2024

In recent years, the rise of cryptocurrency has redefined traditional notions of currency and payment systems worldwide. As Canada navigates this digital revolution, understanding the implications of cryptocurrency on the country’s payment systems is paramount.

Cryptocurrency 82

Cryptocurrency Financial Inclusion Consumer Protection Payments 82

Fintech Finance

MAY 23, 2024

Reltime , a leading innovator in blockchain and Web3 technology, is thrilled to announce the launch of its state-of-the-art Global Payment Gateway (GW), designed to empower merchants and shops worldwide to accept payments from all popular digital currencies. Digital USD/EUR, Bitcoin, Ethereum, etc.

Digital Currency 59

Digital Currency Payment Gateways Multi-Currency Gateways 59

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 63

Digital Currency Payments Settlement Bitcoin 63

PYMNTS

SEPTEMBER 22, 2020

The regulator of the nation’s banks has issued its first guidance on stablecoins , the cryptocurrency backed by traditional currency. . A letter by the Office of the Comptroller of the Currency (OCC) published on Monday (Sept. Allaire said this has been a long time coming.

Office of the Comptroller of the Currency 138

Office of the Comptroller of the Currency OCC Stablecoins Due Diligence 138

Fintech Finance

NOVEMBER 7, 2024

Lunu Pay , a leader in Web3 payment solutions, is excited to announce its collaboration with Ingenico , a global innovator in payment acceptance and services, to bring cryptocurrency payments to physical retail stores.

Alternative Payment Methods 98

Alternative Payment Methods Digital Currency Cryptocurrency Payments 98

PYMNTS

SEPTEMBER 11, 2020

The United States may have some of the world's best cryptographers working for the National Security Agency and other spy shops, but the Internal Revenue Service (IRS) is crowdsourcing at least part of its effort to beat the algorithms that cloak information about certain cryptocurrencies. Even the U.S.

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IRS Cryptocurrency RFP Law Enforcement 96

Payments Source

FEBRUARY 3, 2021

Major projects like Diem are moving crypto beyond its fan base, according to Icon Solutions' Simon Wilson.

Digital Currency 113

Digital Currency Process Cryptocurrency Digital Payments 113

PYMNTS

DECEMBER 6, 2020

Citigroup will be helping governments around the world establish sovereign digital currencies, or central bank digital currencies (CBDC), CEO Michael Corbat says, according to a report from CoinDesk. 4), Corbat said the development of such digital currencies was likely inevitable with the way money has been trending.

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CBDC Digital Currency Central Bank Government 114

Payments Dive

JULY 8, 2022

Retailers Pacsun and American Eagle Outfitters have similar target audiences but are approaching the rising popularity of digital currency differently.

Cryptocurrency 88

Cryptocurrency Digital Currency Payments 88

Fintech News

JANUARY 30, 2024

Payments giant Visa has teamed up with Transak , a provider of cryptocurrency and NFT payment infrastructure. This is set to enhance Transak’s service of converting cryptocurrency to fiat currency, benefiting users in over 145 countries through the integration of Visa Direct. The firm is a Web 3.0

Web 3.0 110

Web 3.0 Cryptocurrency Digital Currency Compliance 110

The Fintech Times

MAY 30, 2024

The news was announced at Consensus 2024 , the long-running cryptocurrency, blockchain and web3 event. “Making PYUSD available on the Solana blockchain furthers our goal of enabling a digital currency with a stable value designed for commerce and payments.”

Stablecoins 119

Stablecoins PayPal Blockchain Venmo 119

PYMNTS

OCTOBER 8, 2020

In today’s top news in digital-first banking, Revolut is rolling out a new feature to encourage youth to stash cash, while the Bank of Korea has indicated that it plans to start testing distribution of its digital currency next year. Bank Of Korea To Begin Testing Distribution Of Digital Currency.

Cryptocurrency 98

Cryptocurrency Multi-Currency Credit Cards Federal Reserve 98

PYMNTS

DECEMBER 30, 2020

At a time when 90 percent of Americans have never owned bitcoin and nearly 70 percent say they have no plans to do so in the future, the thought of widespread adoption and usage of cryptocurrency seems to be a distant prospect for most people. Treasury secretary will further catalyze the evolution and spendability of digital currency.

Fed 107

Fed Bitcoin Cryptocurrency Digital Currency 107

PYMNTS

NOVEMBER 11, 2020

The border-free network of bitcoin allows for money to be easily moved in any amount internationally, according to the outlet, which noted that the rise in bitcoin ATMs shows that the digital currency is becoming more and more popular as a method of payment.

Bitcoin 128

Bitcoin ATM Digital Currency NOV 128

PYMNTS

JANUARY 5, 2021

Trading volumes on cryptocurrency exchanges have been doing extraordinarily well this week, hitting a new record volume of $68.3 Ethereum, the second-biggest cryptocurrency, which usually rises at the same time as bitcoin, also hit its highest level on Monday since 2018, with a $1,170 value, Reuters reported. billion, Reuters reported.

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Volume Bitcoin Cryptocurrency Digital Currency 131

Payments Source

JANUARY 28, 2020

There is another phase of development for digital currency, waiting to take the spotlight — and it may not be driven by banks.

Digital Currency 158

Digital Currency Digital Payments Payments Blockchain 158

Payments Source

APRIL 13, 2020

Central banks are releasing trillions of dollars to bolster economies through the coronavirus pandemic, giving rise to a pair of trends that could push merchants and consumers to embrace digital currencies as a mainstream payment alternative.

Digital Currency 185

Digital Currency Central Bank Payments Economy 185

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.

Settlement 138

Settlement Cryptocurrency Blockchain Digital Currency 138

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).

Digital Currency 134

Digital Currency Bitcoin Money Laundering Regulatory Compliance 134

PYMNTS

NOVEMBER 12, 2020

Crypto payment services provider BitPay has unveiled a new mass payout offering, BitPay Send, which lets entities of different sizes make payments to workers, clients, affiliates, suppliers, contractors and others with digital currency, according to a Thursday (Nov. The price of the cryptocurrency was $16,301.03 as of 7:17 p.m.

Stablecoins 110

Stablecoins Bitcoin Digital Currency CBDC 110

The Paypers

AUGUST 22, 2021

PayPal has announced plans to enable British customers buy, hold, and sell digital currencies, starting this week.

PayPal 84

PayPal Cryptocurrency Digital Currency Consumer 84

PYMNTS

DECEMBER 9, 2020

Cryptocurrency platform startup Circle has overhauled its network to advance mainstream trading, while its stablecoin USDC has surpassed three billion in circulation, growing by nearly 500 percent in 2020. “At

Stablecoins 103

Stablecoins Multi-Currency Digital Currency C2B 103