2020-9-11 09:01 |
The Office of the Comptroller’s move to license payments firms at the federal level is receiving push-back from state regulators.
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The Federal Reserve is advancing its integration of Hedera (HBAR) and Ripple’s XRP, focusing on Ripple USD (RLUSD) payments. Shawn revealed on X (formerly Twitter) that the move aims to enhance the FedNow payment system by incorporating stablecoin capabilities for faster, more cost-effective transactions.
2024-11-25 00:30 | |
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Republican Senator Mike Crapo sent a letter to the Office of the Comptroller of the Currency (OCC) on Tuesday 1 September requesting further clarity on the use of crypto in banking transactions. The letter follows an official OCC release in July, authorizing national banks and federal savings associations to provide crypto custody solutions for clients.
2020-9-2 19:10 | |
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US-based electric carmaker Tesla working closely with the Federal Bureau of Investigations (FBI) has thwarted a planned ransomware attack that involved millions worth of Bitcoin payments. According to a complaint that was filed by the FBI, the attackers were targeting Tesla’s Gigafactory situated in Nevada.
2020-8-29 23:51 | |
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An Australian financial services firm, known as New Payments Platform Australia (NPPA), has sued Ripple Labs over a trademark infringement allegation that involves the PayID brand. The lawsuit, which was filed last week in a federal court in New South Wales, alleges that Ripple Labs infringed on Australia’s Trademarks Act of 1995 as well as […] The post New Payments Platform Australia (NPPA) Sues Ripple for 'PayID' Trademark first appeared on BitcoinExchangeGuide.
2020-8-27 17:55 | |
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The Federal Reserve unveiled further details about its new real-time payments platform FedNow Service. The platform will enable financial institutions in the US to settle transactions virtually instantly and is set for launch in 2023 or 2024, as per the details revealed last week.
2020-8-10 17:26 | |
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In a speech given on Thursday, Lael Brainard, the Federal Reserve governor canvassed on various financial issues in the United States and the world and the issue of stablecoin like Libra was raised. The Facebook led project that was launched last year with lots of publicity, has been said to fuel the clamor by central […]
2020-8-7 22:58 | |
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COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away.
2020-8-7 21:03 | |
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The American Bankers Association (ABA) has issued a statement railing against the use of a digital dollar, a distributed ledger technology (DLT)-based payments system run by the U. S. Federal Reserve.
2020-7-1 16:41 | |
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The Federal Bureau of Investigation (FBI) has shut down a Russia-based website that hosted online shops engaged in the sale of illegal goods and services and accepted crypto payments. FBI Seizes DEER.
2020-3-27 19:00 | |
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Russia’s Federal Security Service (FSB), the successor of KGB, agreed with the Central Bank of Russia that cryptocurrencies should not be allowed as means of payments on the territory of Russia, a local portal reported.
2020-2-20 20:30 | |
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Federal Reserve Bank of Cleveland President Loretta Mester says that Bitcoin (BTC) is not practical as a payment option
2020-2-15 23:04 | |
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In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is not attractive for the U.
2020-2-13 16:50 | |
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At the recent Symposium for Future Payments held in Stanford, California on February 5, Federal Reserve Governor Lael Brainard stressed the importance of remaining “on the frontier of research and policy development regarding CBDC.
2020-2-9 12:10 | |
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Yet another disruption in payments service. And this time the Federal Reserve is also involved. It began with a surge of outages reported at Capital One and then other banks’ transactions started experiencing a delay in direct deposits.
2019-12-20 22:48 | |
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The Federal Emergency Management Agency (FEMA) of the U. S. is mulling a distributed ledger technology-powered registry to accelerate the process of disaster relief payments. This was reported in a draft text of the National Advisory Council’s (NAC) November report, November 18, 2019.
2019-11-20 02:00 | |
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The US Federal Emergency Management Agency (FEMA) should explore blockchain based solutions to smoothen disaster insurance payments, says its National Advisory Council (NAC). In its draft November report that was released on Monday, NAC advised the FEMA Administrator to explore blockchain technology to smoothen and enhance the speed of insurance premium payouts to disaster victims. […]
2019-11-19 22:58 | |
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Rohit Chopra, Commissioner of the Federal Trade Commission (FTC), has written an open letter to Federal Reserve chairman Jerome Powell to launch their real-time payments system, FedNow, at the earliest to curb megabank monopolies and private sector abuse, November 7, 2019.
2019-11-9 10:00 | |
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According to FTC Commissioner, the impending Facebook led Libra project should be reason enough for the US Federal Reserve to develop its own instantaneous payments system, CoinDesk reports. Rohit Chopra, a sitting commissioner of the US Federal Trade Commission, in a letter to the Federal Reserve’s board, expressed his support for the recently mooted FedNow […]
2019-11-9 22:22 | |
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Libra is in the shadow of the Federal Reserve. Since Facebook unveiled Libra, the world of digital payments has not been the same. Within a few weeks of the announcement by the social media giant, The post Libra or 'Megabank Monopoly' may be confronted by 'Public Competitor' FedNow appeared first on AMBCrypto.
2019-11-8 13:00 | |
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The Federal Reserve should urgently launch its own real-time payments system ahead of Facebook and Wall Street, says FTC Commissioner
2019-11-8 12:53 | |
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The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing a digital dollar.
2019-11-6 01:20 | |
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There has been a steady growth in interest for cryptocurrencies and blockchain from governments, regulators, and enterprises. Now, the U.S. Federal Reserve is showing it too does not want to be left out after posting a job for a retail payments manager that will facilitate innovations research around digital currencies, stable coins, and distributed ledger […] The post Federal Reserve Crypto Job Post Suggests US Won’t Lie Down in Bitcoin Arms Race appeared first on BeInCrypto.
2019-11-6 22:20 | |
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The U.S. Federal Reserve is hiring a manager for its Retail Payments section to research digital currencies and stablecoins
2019-11-6 05:13 | |
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The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire.
2019-11-5 02:45 | |
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Bitcoin has not had the best of weeks so far but its 8% slide is just a blip compared to what the US Federal Reserve has been doing recently. The central bank has ramped up its bailout or ‘repo’ scheme by injecting more money into the financial system.
2019-10-25 12:00 | |
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To say that the Federal Reserve has been busy over the last few weeks would be a huge understatement. The central bank may be projecting an image of control. According to them, the financial markets are simply experiencing technical issues and seasonal bottlenecks such as quarterly tax payments.
2019-10-24 17:20 | |
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The US Federal Reserve Governor Lael Brainard said yesterday that Facebook must overcome a “core of legal and regulatory challenges” before facilitating payments with its ‘cryptocurrency’ Libra.
2019-10-17 13:44 | |
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The U.S. Federal Reserve’s new real-time payments service likely isn’t going to substitute crypto, although it does play the same ambitious card
2019-8-9 21:16 | |
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The U. S Federal Reserve seems to have taken the challenge posed by cryptocurrency when it comes to faster payments. It has just announced it will be developing a faster payment system, FedNow, that will enable much faster payment between American Banks.
2019-8-6 20:59 | |
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Federal Reserve’s Lael Brainard detailed an upgrade to America’s existing payment system on August 5. The new and improved payment system, dubbed FedNow Service, will be available by 2023/2024. This has riled up Ripple and XRP enthusiasts, more so after Dilip Rao’s tweet about FedNow.
2019-8-7 19:33 | |
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In a bid to make it possible for financial institutions under its purview to facilitate real-time, round-the-clock payments, the United States Federal Reserve, the nation’s central bank, has announced plans to launch its new payment and settlement service called FedNow, according to a press release on August 5, 2019.
2019-8-6 16:48 | |
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Совет управляющих Федеральной резервной системы США (ФРС) сообщил о том, что американский центробанк намерен разработать собственную платежную и расчетную сеть FedNow Service, которая позволит любому американскому банку предоставлять клиентам круглосуточные и почти мгновенные платежи.
2019-8-6 11:15 | |
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To boost the payments and settlements infrastructure in the US, the Federal Reserve has been tasked with creating a new real-time payments and settlements service dubbed "FedNow."
2019-8-6 23:42 | |
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The U.S. Federal Reserve is planning to release a real-time payment and settlement service in order to boost the payments infrastructure in the country
2019-8-6 23:25 | |
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US law enforcers have busted a Bitcon-fuelled dark web drug ring after one of the alleged dealers messed up and bought pre-printed postage online using his real identity. The dealers, which sold almost $9 million worth of counterfeit Adderall, leveraged the anonymity afforded by the dark web and received payments in Bitcoin.
2019-6-28 11:44 | |
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The U. S. Internal Revenue Service (IRS) is planning to overhaul its methods for determining the federal taxes due on cryptocurrency payments to improve clarity for taxpayers.
2019-5-21 20:54 | |
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By CCN. com: U. S. taxpayers can receive all or part of their federal and state tax refunds in bitcoin. This is being made possible through a collaboration between blockchain payments processor BitPay and Refundo, a provider of tax-related financial products.
2019-5-1 19:03 | |
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Atlanta, April 30, 2019 – BitPay, the largest global blockchain payments provider, today announced Refundo, a leading provider of tax related financial products, is making federal and state tax refunds available in Bitcoin directly to taxpayers through BitPay’s Payouts.
2019-5-1 22:46 | |
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CryptoNinjas BitPay, a leading blockchain payments provider, today announced Refundo, a provider of tax-related financial products, is making U. S. federal and state tax refunds available in bitcoin (BTC) directly to taxpayers through BitPay’s Payouts.
2019-4-30 18:56 | |
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Andrei Poliakov is the CEO and co-founder of Coinberry, one of Canada’s premier digital currency platforms. His company is the first in Canada to partner with a government municipality.
2019-4-23 17:42 | |
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Even though cannabis businesses have been seemingly booming since the call for legalization in the US and many western countries, many financial organizations have been not treating the booming industry right.
2019-4-20 21:50 | |
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The federal bank in India is finally embracing blockchain technology. The latest news is that the bank has entered a partnership with Ripple and its payment network RippleNet for cross-border payments to India and to enable Indians in diaspora transfer funds across borders.
2019-3-30 00:36 | |
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Private bank, Federal Bank Ltd. in India, has partnered with Ripple to facilitate international payments. In an announcement to the Bombay Stock Exchange (BSE), the Federal Bank confirmed its partnership with blockchain technology firm Ripple.
2019-3-29 16:49 | |
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Coinspeaker India’s Federal Bank Partners with Ripple to Use XRP for Cross-Border PaymentsFederal Bank in India has entered into a partnership with Ripple Inc, a blockchain supported global remittance company, for cross-border remittance through its network.
2019-3-29 12:06 | |
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Federal Bank Ltd. In India Confirms Official Partnership With Ripple One of the most highly publicized developments to come from Ripple is the xRapid Network, which offers a connection between a wide selection of financial institutions.
2019-3-29 08:17 | |
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Ohio might have made history as the first city to accept cryptocurrency for corporate taxes, but one Canadian town is adding its name to the books by becoming the first in North America to permit its citizens to pay their personal taxes in bitcoin.
2019-3-28 19:04 | |
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Roger Ver, CEO of Bitcoin. com has agreed to help the Jeju Blockchain Smartcity Association grow the BCH ecosystem. On March 25th, Roger Ver agreed to collaborate with the Jeju Blockchain Smarcity Association in Korea.
2019-3-25 12:30 | |
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Today's Ripple News Here are some few facts about Digitec Galaxus AG, the largest online eCommerce operator serving Switzerland. The online retailer operates Digitec as well as Galaxus which runs ten stores in German and French-speaking parts of Switzerland.
2019-3-20 16:58 | |
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Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.
2019-3-1 20:16 | |
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Anchorage Digital, a leading crypto platform for institutional clients, has received approval for a BitLicense from the New York State Department of Financial Services. The approval authorizes Anchorage Digital’s subsidiary, Anchorage Digital NY, LLC, to offer regulated crypto trading services…
New York City Mayor Eric Adams reiterated his support for Bitcoin, reflecting on the skepticism he faced when he first decided to convert his paychecks into cryptocurrency back in 2022. At a recent media event, Adams said, “We should not…
NYDFS Superintendent Adrienne Harris said any federal legislation should still keep a role for state regulators.
Michelle Bond, the partner of former FTX executive Ryan Salame, has been accused of violating U.S. campaign finance laws, according to an unsealed indictment. Ex-Congressional aspirant Michelle Bond was accused of financing her failed 2022 New York House campaign with…
New York Attorney General Letitia James has filed suit against two purported crypto companies and their top promoters, a married couple, for allegedly operating two consecutive pyramid schemes that predominantly targeted Haitian immigrants to the U.S.
Ripple Labs filed its opposition on Monday against the U.S. Securities and Exchange Commission's (SEC) proposal to ask a New York judge to impose a nearly $2 billion fine against the company behind the XRP Ledger blockchain.
Crypto exchange Binance.US named Martin Grant, a former New York Federal Chief Compliance and Ethics officer, to its Board of Directors.