2021-10-28 13:38 |
Central Retail Corp, a major Thai retail company, has announced a test of its virtual currency, “C-Coin.”
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This week, Pacsun will be the first major brand in the fashion and retail space to accept bitcoin and other cryptocurrencies using leading blockchain payment provider,...
2021-10-5 19:21 | |
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Meanwhile, Bank of Japan Governor Haruhiko Kuroda showed concerns towards stablecoins which are “closely linked to the central bank currency,” as they could have “some impact on the financial system.
2021-10-4 16:08 | |
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The Monetary Authority of Singapore (MAS) finally shortlisted 15 companies that will assist in developing retail CBDC. These firms will participate in the Global CBDC challenge and help build the in-house retail central bank digital currency.
2021-9-6 01:46 | |
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The 15 finalists that are chosen will help Singapore build and release a retail central bank digital currency (CBDC). The post Singapore Ponders CBDC Release with Shortlist of Companies appeared first on BeInCrypto.
2021-8-31 08:36 | |
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The 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.”
2021-8-30 13:30 | |
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The results of a new study from the Bank of Thailand point to three key considerations for making sure a retail central bank digital currency doesn't adversely impact financial stability.
2021-8-20 11:52 | |
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North American retail giant Walmart is looking to toe the digital currency waters, outlining a digital currency and cryptocurrency-specific role in a new job ad. Walmart Wants To Hire Someone To Lead Its Digital Currency And Cryptocurrency Initiatives Posted on Walmart’s career page, the new role seeks a visionary leader to develop the firm’s digital […]
2021-8-16 17:27 | |
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The cryptocurrency expert will oversee the retailer's digital currency strategy and roadmap American retail… The post US retail giant Walmart is seeking to hire a crypto product lead appeared first on Coin Journal.
2021-8-16 13:37 | |
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Ghana’s central bank has inked a partnership deal with German banknote and securities printing company Giesecke+Devrient (G+D), for a retail central bank digital currency (CBDC) pilot. Ghana Progresses With Digital Cedi The Bank of Ghana announced the news of the agreement with the German company via a press release on Wednesday (August 11, 2021). AsRead More
2021-8-12 05:00 | |
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The Reserve Bank of India (RBI) has finally unveiled its CBDC plans. It soon intends to launch an official digital currency in a phased manner, beginning with wholesale and retail segments. In a key-note speech at a webinar of a legal think tank on July 22, RBI Deputy Governor T. Rabi Shankar presented the central […]
2021-7-25 21:27 | |
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The Reserve Bank of India (RBI) has finally unveiled its CBDC plans. It soon intends to launch an official digital currency in a phased manner, beginning with wholesale and retail segments. In a key-note speech at a webinar of a legal think tank on July 22, RBI Deputy Governor T. Rabi Shankar presented the central […]
2021-7-24 21:27 | |
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The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship.
2021-6-29 18:00 | |
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The Hong Kong Monetary Authority (HKMA) announced it is working on developments for a central bank digital currency (CBDC) at both the wholesale and retail levels. The post Hong Kong Monetary Authority Announces Development Plans for Retail and Wholesale CBDCs appeared first on BeInCrypto.
2021-6-8 16:35 | |
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It seems like the South African Reserve Bank (SARB) now understands the importance of digital currencies alongside traditional fiat currency. Recently, the South African Reserve Bank (SARB) has announced the start of a feasibility study for a retail central bank digital currency (CBDC).
2021-5-28 13:00 | |
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Bococoin (BCC), an all-in-one cryptocurrency ecosystem for retail use cases, has its BCC token listed on major exchange
2021-5-28 12:45 | |
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The South African Reserve Bank (SARB) says it has commenced a feasibility study for a general-purpose retail central bank digital currency (CBDC). The study, which the SARB expects to conclude in 2022, will focus on the issuance of a domestic CBDC that can be used by consumers in South Africa for general retail purposes. Study […]
2021-5-27 08:30 | |
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Chinese e-commerce company JD.com has upped its support for the country’s central bank digital currency.
2021-4-27 14:11 | |
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Nearly every day now a new company is announcing the acceptance of cryptocurrencies in some form or another. Now one of the world’s largest fine wine auction houses and America’s oldest wine shop Acker has revealed digital currency acceptance to pay for auction payments and retail wine purchases. Wine Shop Acker Jumps Into the Crypto […]
2021-4-15 15:30 | |
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Thailand’s digital currency project is progressing swiftly and the Bank of Thailand, the country’s central bank, is readying to start pilot tests in the second quarter of 2022. Thailand’s CBDC will be retail; meaning it will be for use by the general public.
2021-4-3 21:54 | |
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Major global companies like Square, PayPal, and Tesla have already invested or integrated cryptocurrencies into their business models. Now, Amazon, one of the largest retail companies on Earth, has released a job post looking for someone to develop a project that; “Will enable customers to convert their cash into digital currency using which customers can … Continued The post Amazon Hints at Plans for a Digital Currency Payments Project appeared first on BeInCrypto.
2021-2-12 13:33 | |
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Fresh from enacting its ban on the sale of crypto derivatives to retail traders, the U.K. Financial Conduct Authority (FCA) has issued new warnings about crypto investments to consumers. Meanwhile, commercial banks in the country are adopting a more anti-cryptocurrency stance refusing to accept deposits from virtual currency sources even as the government appears setRead More
2021-1-11 20:00 | |
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Bitcoin, the top most digital currency by market cap, has continued to make giant strides since it broke its previously set all-time high of about $20,000, set at the end of the 2017 bull run. The privacy-centric, limited, and gold-like asset has caught the attention of retail traders and institutional traders alike. Those who have […]
2021-1-7 19:47 | |
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Goldman Sachs’ head of commodities research calls bitcoin “the retail inflation hedge” and likens the cryptocurrency to copper. He says gold and bitcoin can co-exist and does “not see bitcoin’s rising popularity as an existential threat to gold’s status as the currency of last resort.
2020-12-20 20:15 | |
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Bitcoin’s (BTC) potential was following the world’s largest currency ever since the moment it was launched. However, while this was immediately clear to retail crypto users, institutions took a significantly longer period to be convinced.
2020-11-10 10:50 | |
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2020 is all about cryptocurrencies as the tide turns. The latest one to jump on the digital currency bandwagon is the largest retail and commercial bank of Singapore, DBS. The bank has soft-launched its cryptocurrency and fiat trading exchange with Bitcoin (BTC), Ethereum (ETH), XRP, and Bitcoin Cash (BCH) as the primary listed crypto assets.
2020-10-27 16:31 | |
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The Kenyan central bank is having serious discussions with international players about pursuing a retail central bank digital currency, a top official said Monday. Patrick Njoroge, governor at the Central Bank of Kenya (CBK) told U.
2020-10-27 22:46 | |
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As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy.
2020-10-20 12:15 | |
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Australia’s central bank is not buying into the growing call among several countries to float their own central bank digital currency (CBDC). With China already bootstrapping adoption of its digital yuan to millions of citizens, other countries are moving ahead to test their own experimental CBDCs.
2020-10-14 18:30 | |
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The Australian central bank does not see a strong case for issuing a retail central bank digital currency, its head of payments policy said.
2020-10-14 06:59 | |
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Blockchain-focused investment firm Digital Currency Group has acquired Luno, a retail-focused cryptocurrency exchange with over five million customers.
2020-9-9 13:16 | |
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China’s central bank has stated that the trial of its developing central bank digital currency (CBDC) is currently limited to retail transactions, as against claims stating that the digital yuan was used for large transactions.
2020-8-24 23:07 | |
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The experimental test of China’s sovereign digital currency is currently focused on small retail transactions and hasn’t expanded to large volume transactions yet, said the country’s central bank as reported by local media.
2020-8-24 19:28 | |
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While stock brokerages have reduced trading fees and various retail brokers like Robinhood offer zero commission trades, digital currency exchanges have increased fees for their lowest tier retail group since a year ago.
2020-7-19 19:45 | |
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Ever since the coronavirus pandemic began, bitcoin has been on a rollercoaster ride. While the BTC price has been trying to push higher, in May, miner rewards were cut into half to 6.25 BTC. After miner inflow was reduced by 50%, there have been reports of Grayscale’s GBTC Bitcoin Trust buying the digital currency at […]
2020-6-15 21:32 | |
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French cryptocurrency startup Digycode has introduced support for decentralized proof-of-stake (PoS) blockchain network Tezos (XTZ) to enable French customers to purchase the digital currency from over 10,000 retail shops from across France.
2020-5-21 13:00 | |
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On May 13, the San Francisco-based cryptocurrency exchange, Coinbase published a report that shows digital currency investors are investing in alternative cryptocurrencies despite bitcoin’s 67% market dominance.
2020-5-21 02:01 | |
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A retail Central Bank Digital Currency (CBDC) would be a digital and universally accessible form of money issued by central banks. Objectives= anticipate the disappearance of cash, create efficient means of payment, and strengthen regulatory controls.
2020-5-7 14:00 | |
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Starbucks, Subway, and McDonald’s are among the 19 retail businesses that will be trialing China’s digital yuan in one of the country’s pilot program cities. Per reports, China has already started testing its digital currency in a real-world setting in order to improve the currency’s functionality.
2020-4-24 17:55 | |
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Central banks have four good reasons to adopt digital currency: financial stability, identity management, inclusion and consumer protection.
2020-3-22 16:24 | |
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Retail merchants in Venezuela are refusing to accept Petro payments as hyperinflation is causing massive devaluation upon liquidation of the crypto at the banks. Meanwhile, the country’s government has reintroduced price control inspectors as part of efforts to pressure stores into accepting the country’s state-issued digital currency.
2020-2-4 00:00 | |
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In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines […] The post Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies appeared first on Bitcoin News.
2020-1-23 07:55 | |
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The European Central Bank (ECB) wants to play an active role in the field of digital currency, said President Christine Lagarde. As the bank works on its own digital currency and an instant payment system, Lagarde emphasizes that “central bank initiatives should neither discourage nor crowd out private market-led solutions for fast and efficient retail […] The post ECB Wants Active Role in Crypto, Will Not Deter Private Solutions appeared first on Bitcoin News.
2020-1-9 16:02 | |
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Zhou Xiaochuan, former governor of the People’s Bank of China (PBoC), believes that digital currency and blockchain should continue to be a focus for China moving forward, citing the use of the coins for domestic retail transactions as well as remittance payments.
2019-11-27 03:00 | |
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China has been working on its centrally-backed digital currency for quite a while now, while also maintaining its distance from other cryptocurrencies. The country is in the news again after on 26 NovThe post China will implement retail system-based CBDC: Former PBoC Governor appeared first on AMBCrypto.
2019-11-26 16:10 | |
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The European Central Bank [ECB] is actually considering a central bank digital currency, with the ECB now seeking a pan-European approach towards creating a true pan-European retail payment solution.
2019-11-26 12:50 | |
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During a recent panel discussion, Stefan Ingves, the Governor of Sweden’s central bank, Sveriges Riksbank, laid out a six-step plan for the introduction of is central bank digital currency. The first issue in this plan is that both large value and retail payments must be settled in the central bank digital currency anywhere around the […]
2019-11-22 21:08 | |
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Under the fear of potentially losing monetary control, several central banks are focusing on developing and issuing a cryptocurrency. Indeed, according to an IBM-commissioned report, a central bank digital currency (CBDC) could be ready for consumers’ use within the next 5 years.
2019-11-13 20:43 | |
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Just recently the web portal Bitcoinbch. com reported that the number of bitcoin cash (BCH) Australian retail transactions throughout the month of September outshined every other digital currency by a wide margin.
2019-11-6 07:30 | |
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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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Switzerland has officially passed legislation to explore Bitcoin mining, signaling a growing acceptance among traditional financial institutions and governments worldwide. This initiative, reported by Dennis Porter, CEO of the Satoshi Action Fund, reflects a broader trend accelerated by recent political shifts, including Donald Trump’s election, which have reignited interest in Bitcoin as a viable financial […]
In a significant challenge to the US Securities and Exchange Commission (SEC) and its regulatory approach toward the crypto industry, 18 states have filed a lawsuit against the agency and its commissioners on Thursday.
As President-elect Donald Trump prepares to take office again in January, his proposal to create a national Bitcoin reserve is gaining momentum across the United States. Several states are now reportedly considering plans to establish their own cryptocurrency reserves, reflecting a broader movement to recognize Bitcoin as a legitimate store of value. Pennsylvania’s Bitcoin Strategic […]
Bitcoin is currently rewriting its all-time high, thanks primarily to the results of the recently concluded US elections and increasing inflows into Bitcoin ETFs. Days before the election, Bitcoin struggled to hold the $70k level, briefly hitting $73k.
As the political landscape shifts in anticipation of the upcoming midterm elections in 2026, major players in the crypto industry are making significant financial commitments to support candidates who advocate for favorable regulatory changes.
On Friday, Strive Asset Management, a firm co-founded by investor and presidential advisor Vivek Ramaswamy, announced the launch of a new wealth management division. The initiative aims to provide “true financial freedom” for clients by integrating Bitcoin into investment portfolios as a hedge against long-term economic risks.
In a recent interview with CNBC, Florida’s Chief Financial Officer, Jimmy Patronis, outlined the state’s increasing commitment to crypto investments. This comes in light of his recent directive urging pension fund managers to explore Bitcoin as a potential strategic reserve asset.