2019-11-27 21:15 |
Former PBoC head Xiaochuan Zhou says the digital yuan will enable retail payments first, but might need a different technical design for cross-border payments.
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Longest-serving PBoC governor says China will continue to focus on its digital yuan as a mechanism for domestic retail systems and payment
2019-11-27 23:18 | |
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Global stablecoins could exacerbate existing risks to the “autonomy and resilience of European payments systems,” says the ECB’s Benoit Coeure
2019-11-26 15:50 | |
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Use altcoins for trivial payments, not Bitcoin — Black Friday founder
2019-11-26 12:42 | |
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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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Pepo is the first DApp allowed to offer Apple Pay payments, says founder Jason Goldberg
2019-11-15 11:01 | |
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Crypto. com, a Hong Kong-based cryptocurrency service provider that offers users lending services, crypto payments through Visa debit card services and more, has announced the launch of its cryptocurrency exchange.
2019-11-14 18:00 | |
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Online and in-store businesses in Switzerland are soon going to receive cryptocurrency payments, as the Bitcoin Suisse operating crypto financials has partnered with the payment company Worldline. The announcement has been made on Friday, and it says that the two financial players will leverage the SIX Payment Services infrastructure.
2019-11-9 22:34 | |
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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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It looks like the Chinese government is going full-throttle on its roadmap to roll out a yuan-pegged digital currency. There’s no official word on a launch date as of yet, but judging by the recent chain of events, it is highly likely that the Chinese Digital Currency or Electronic Payments system (DCEP), will be rolled […] The post China’s DCEP to Be World’s First National Digital Currency, Says CCIE Vice Chairman appeared first on BeInCrypto.
2019-10-29 18:45 | |
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WeChat Pay is apparently using blockchain technology despite its anti-crypto stance
2019-10-26 16:18 | |
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Blockchain payments will enable greater financial control and remittance efficiency, says a National Bank of Cambodia official
2019-10-23 13:25 | |
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A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.
2019-10-17 20:00 | |
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Brad Garlinghouse has not only been successful in expanding Ripple’s potential as a payments giant, but has also made efforts towards making the technology accessible and understandable to the general public.
2019-10-11 23:30 | |
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Facebook’s Libra cryptocurrency project has been put on notice by the Bank of England, with the central bank declaring that the global payments platform will be subject to rigorous scrutiny in the UK.
2019-10-9 13:17 | |
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Xpring says its tech uses XRP ledger to make it possible for developers to integrate payments into any application.
2019-10-2 16:00 | |
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Coinspeaker Venezuela Is Going to Use Crypto for Payments, Maduro SaysMaduro believes in the power of cryptocurrencies like Bitcoin and Ethereum. He says that his cryptocurrency-powered plan will help the country “maintain [the flow of] imports and exports.
2019-10-1 21:13 | |
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Libra has been a wake-up call for banks to consider major issues in global payment systems, an ECB board member says
2019-9-26 21:18 | |
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The start of the new National Football League (NFL) season in the United States will see fantasy players able to use bitcoin to subscribe for their sports app, according to a press release by BitPay.
2019-9-6 01:00 | |
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This Monday, one of the biggest auditing firm, PWC’s, Luxembourg office announced that they are going to be accepting crypto payments from clients from October 2019. The director of blockchain and crypto assets, Thomas Campione says that PwC could not continue to invest in the field, promote it, build solutions for clients and support their […]
2019-9-5 16:04 | |
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China’s central bank backed digital currency DC/EP (Digital Currency/Electronic Payments) will be issued to seven institutions, reported Fobes citing Paul Schulte, an independent researcher and former employee of one of these institutions.
2019-8-28 15:50 | |
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Canadian crypto exchange allows locals to save on taxes via BTC payments
2019-8-23 09:12 | |
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Ripple is synonymous to ‘Tsunami’ when it comes to the cryptocurrency ecosystem. Although most crypto businesses have made headlines for duping investors, the “frictionless payments” pioneer has taken crypto adoption to the next level.
2019-8-13 21:42 | |
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Commerzbank has developed a blockchain-based solution it says allows automated trucks to pay for power charging with no human involvement.
2019-8-8 16:30 | |
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The two biggest emotions that fuel the stock market are fear and greed. One will send stocks swooning, while the other can create bubbles. But as Warren Buffett famously says, “Be fearful when others are greedy and greedy when others are fearful.
2019-8-3 05:00 | |
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Juan Llanos sees Facebook's rise in the payments space as nearly inevitable. So how can startups compete? He has some ideas.
2019-7-18 10:45 | |
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Rakbank CEO Peter England says that traditional banks have to work towards empowering companies that are working to develop blockchain technology. England said that APIs and distributed ledger technology present an opportunity to change the way international payments are handled, adding: “Blockchain technologies do have the potential to disrupt the financial services industry and create […]
2019-7-11 21:26 | |
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With Bitcoin getting mainstream recognition, there has been a lot of institutional onboarding into digital assets. Giants like Facebook, J. P. Morgan, Amazon, Alibaba, Microsoft, and others from all industrial sectors have started to look towards these assets as something that could potentially help solve problems in existing systems, ranging from payments, transfer of value etc.
2019-7-10 17:30 | |
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In a tweet on July 5, 2019, Eric Dadoun, an early stage startup investor stated that Ripple’s XRP working under the hood to ensure users send and receive payments in their own currency. This he says has always been key to the company.
2019-7-7 14:56 | |
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Jack Dorsey’s payments company Square is already up by a double-digit percentage in 2019, and one Wall Street analyst says there’s more runway for gains. According to TD Ameritrade Network, Instinet’s Dan Dolev believes Square’s stock, which is currently hovering at about $74, is worth more like $100 – and that’s a conservative estimate.
2019-7-7 01:15 | |
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The recent Bank for International Settlements report has stated that cryptocurrency’s backbone, blockchain, might not be “suitable for payment at all. ” Referring to the market’s 2018 crypto-winter when prices fell to new lows, the report stated that regulatory action has a significant impact on digital assets’ valuation, transaction volume, and user base.
2019-7-1 16:00 | |
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SWIFT, one of the world’s leading providers of secure financial services, turned heads in the crypto-community by announcing its move to go all in on blockchain and open finance. This step will change the current scene in the crypto-market as SWIFT aims to offer the same level of convenience and immediacy, as offered by other […] The post It’s do or die in payments, says CEO Gottfried Leibbrant as SWIFT embraces new blockchain initiative appeared first on AMBCrypto.
2019-6-22 20:30 | |
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By CCN Markets: Facebook’s foray into cryptocurrencies with Libra has met with a ton of mixed reactions. While some are going gaga over the social media giant’s latest effort that’s supposed to enable cross-border payments at the tap of a button, the traditionalists are taking a dim view.
2019-6-21 10:21 | |
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Traditional payment methods are largely still being used by most of the world’s financial institutions for their core businesses. Even though cryptocurrency offers speeds unmatched by traditional methods especially with cross-border payments, not everyone is very excited about the complete switch to cryptocurrency or blockchain solutions for their business. This is one of the reasons […]
2019-6-14 16:46 | |
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Ripple’s CTO, David Schwartz, spoke at Future Fintech and outlined his ideas and views about how digital assets and blockchain technology are trying to make payments efficient by getting get rid of traditional systems and intermediaries.
2019-6-13 15:30 | |
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Wirex, a cryptocurrency payments platform, has announced plans to launch a native cryptocurrency token. The British company says the token sale used to launch its cryptocurrency is all about product development and less about fundraising.
2019-6-11 23:00 | |
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By CCN: When AT&T became the first major mobile provider to accept bitcoin for bill payments through the AT&T website and the myAT&T mobile app, 150 million AT&T customers received the opportunity to pay their cell phone bill using cryptocurrency.
2019-6-9 16:17 | |
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Coinspeaker Line Pay Corporation Partners with VISA for New Fintech ServicesLine Pay has partnered with VISA to bring new blockchain solutions, contactless payments, and a pre-paid digital visa card.
2019-6-7 20:51 | |
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By CCN: Research by Chainalysis finds that only 1. 3% of bitcoin transactions so far in 2019 came from merchants. The remaining 98. 7% of volume is all on the exchanges. That means almost no one is using bitcoin to buy things.
2019-6-2 18:18 | |
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A Telegram-based wallet is in early-stage talks with Facebook to provide cryptocurrency payment services, including in bitcoin (BTC). Alekasndr Safanov, co-founder and CEO of Button Wallet, says his company is currently in discussions with the social media giant to build an inbuilt payments feature for Facebook’s two billion users.
2019-5-31 16:50 | |
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An analytical company Chainalysis shows that hardly anyone utilizes Bitcoin as means of payment, preferring to see it as a store of value and ‘hodl’ In spite of the recent massive price surge, Bitcoin seems.
2019-5-31 09:51 | |
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About two months ago, Lightning Labs released Lightning Loop, a service that allows users to fill or empty Lightning channels without closing them, thus reducing on-chain fees.
2019-5-29 16:58 | |
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Bitcoin (BTC) will always be a better solution for cross-border payments than XRP, according to the head of a Hong Kong-based remittance company. George Harrap, CEO of Bitspark, says that bitcoin has a clear edge because it is already globally accepted and has sufficient liquidity for established remittance companies.
2019-5-27 19:24 | |
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E-cash inventor David Chaum says he believes the real killer app for blockchain and cryptocurrencies will be privacy-oriented messaging systems integrated with payments
2019-5-27 16:10 | |
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By CCN: Russia is reportedly considering the implementation of a gold-backed cryptocurrency, according to Russian news outlet Tass. Immutability and censorship-resistance are useful for governments in certain instances, such as conducting international trade in the face of sanctions.
2019-5-24 22:55 | |
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The European Central Bank (ECB) recently published a paper titled “Crypto-Assets: Implications for financial stability, monetary policy, and payments… The post Bitcoins Not Really Currencies, Euro Is Always Euro — Says European Central Bank President appeared first on Invest In Blockchain.
2019-5-22 23:37 | |
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By CCN: The European Central Bank (ECB) has found that crypto does not pose risks to financial stability in the Eurozone. The central bank does recommend, however, that European legislatures create a uniform approach to crypto-assets.
2019-5-19 15:40 | |
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NASSCOM: Including crypto would help RBI develop a better understanding of risks Payments Council of India says crypto should be a part of the sandbox as there is no outright bank Technology industry lobby groups along with startup founders are asking the banking regulator, Reserve bank of India to include cryptocurrency in its proposed regulatory […]
2019-5-16 20:28 | |
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Bitcoin could learn a lesson from the railways, says Simon Johnson: For the customer, it’s just about getting from A to B fastest and cheapest.
2019-5-16 11:00 | |
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Ripple has been trying to promote its technology almost everywhere in the world through partnerships with financial institutions. Ripple partnered with Al Ahli Bank of Kuwait in February in order to enable instant cross-border payments for the bank’s customers.
2019-5-12 00:30 | |
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Industrial Bank (CIB) introduces carbon credit rewards for digital yuan use, promoting green finance and expanding the e-CNY ecosystem. The post China’s Industrial Bank rewards digital yuan spending with carbon credits appeared first on Crypto Briefing.
The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.
While Beijing is trying to popularize its digital yuan, only a few seem to be ready to use it. As Chinese government employees, especially those in state-owned enterprises and governmental organizations, become early adopters of receiving their salaries in digital…
Standard Chartered Bank has announced its upcoming participation in China’s digital yuan, also known as digital renminbi (RMB), with the pilot project set to commence on Nov. 27. The bank said it will provide customers with digital yuan exchange, redemption, and other services.
PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange.
A Chinese foreign exchange regulator official showed its support for the CBDC development, the digital yuan. Lu Lei, deputy administrator of the State Administration of Foreign Exchange (SAFE), explained to the CNA agency that some of the main features of…
China has launched its first industrial park dedicated to developing and applying the digital yuan, or e-CNY, in the city of Nanjing, Jiangsu province.