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Central Bank Digital Currency Touted as Solution to US Economic Overhaul

Talk of a US central bank digital currency (CBDC) dominated proceedings, as the US Senate Committee on Banking, Housing, and Urban Affairs conducted a virtual meeting yesterday. The near two-hour-long hearing titled “The Digitization of Money and Payments” discussed competing with China’s CBDC offering, financial inclusion, and modernizing the current US economic model. Taking the […] дальше »

2020-7-1 15:13


Regulators Easing the Restrictions on Banks Set in the Aftermath of Great Recession

The shares of big banks declined after the Fed said it would put a temporary cap on their dividend payments to preserve cash during the coronavirus pandemic. In its stress test, the central bank found that most banks would remain well capitalized in an economic downturn, but it also sees that large financial institutions remain […] дальше »

2020-6-29 23:42


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How Central Bank Digital Currencies Could Inadvertently Destroy the Banking System

The rise of digital currencies has shone a bright light on the future of contactless payments, and central banks seem to be catching on the idea. Central Banks, in this case, represent governments that have realized the vigor of financial technology and moved to prevent a crisis as more people migrate from the use of […] дальше »

2020-6-17 20:47


Quench Your Thirst in Australia, New Zealand by Paying with Bitcoin at Coca-Cola Vending Machines

dentCoca-Cola consumers in Australia and New Zealand can now acquire their soft drinks with cryptocurrency through specific vending machines. A report by The Australian Financial Review recently highlighted that a deal between Asia-Pacific Coca-Cola distributor, Amatil, and Centrapay would see over 1200 point-of-sales accept Bitcoin and ERC-20 tokens. дальше »

2020-6-11 20:39


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British Payments Firm Checkout.com Joins Facebook’s Libra Currency Association

Digital payments processor Checkout.com has become the latest high-profile company to join the Libra Association. Announced on Tuesday, the London-headquartered firm is now part of the digital currency project as it believes Libra is capable of bringing financial inclusion to the billions of unbanked people all over the world. The Libra Association Onboards A New […] дальше »

2020-4-29 21:16


Corporate Actions & Crypto Assets

In the legacy equity and debt markets, there is a mini-industry surrounding the publication, tracking, and processing of “Corporate Actions. ” These formal market announcements, used by issuers to communicate events that may have financial implications for their stockholders, can comprise significant matters such as dividend payments, stock splits, rights issues, mergers, and acquisitions. дальше »

2020-4-28 18:00


MoneyMatch Works With Ripple to Provide Cost-Effective Global Payments for SMEs in Malaysia

MoneyMatch is a cross-border transfer service that helps small and medium-sized enterprises (SMEs) in Malaysia pay their global suppliers. As the country’s traditional financial institutions were charging high FX rates on the smaller volume transactions typically requested by SMEs and individuals, MoneyMatch partnered with Ripple to offer cheaper and faster payments to more than 120 … Continued The post MoneyMatch Works With Ripple to Provide Cost-Effective Global Payments for SMEs in Malaysia appeared first on Ripple. дальше »

2020-4-16 21:08


Crypto payments gaining momentum: Coinbase Commerce garners massive utilization from consumers and merchants

Bitcoin’s relative youth has made it increasingly unclear as to what role it will eventually play within the world. From starting out as a popular method of transacting beneath the traditional financial system on dark-web sites, to becoming a playground for traders and speculators, BTC has been evolving at a rapid pace, only recently gaining […] The post Crypto payments gaining momentum: Coinbase Commerce garners massive utilization from consumers and merchants appeared first on CryptoSlate. дальше »

2020-3-31 16:00


Ripple partners with Thailand's DeeMoney to process faster cross-border payments

DeeMoney, a noted fintech company based in Thailand, has become the country's first non-bank firm to leverage RippleNet's blockchain technology to facilitate instant money transfer to 300 financial inThe post Ripple partners with Thailand's DeeMoney to process faster cross-border payments appeared first on AMBCrypto. дальше »

2020-3-19 08:40


Bitso and Ripple Are Delivering Friction-Free Exchange Across Latin America

In 2014, the founders of Bitso believed that blockchain technology and digital assets could boost financial access for Latin America’s large underbanked population. A major step in achieving this vision came when the company partnered with Ripple to deliver instant and cost-effective cross-border payments for Mexican businesses and retail customers. дальше »

2020-3-6 22:47


BIS Latest Report Discusses How Payment Are Evolving With Tokenization and CBDC’s

Bank of International Settlements (BIS) researchers focusing on the payments’ future, reveals their latest quarterly report released on Sunday. The paper has 138 pages and looks at what’s on the horizon in the financial sector, especially since tokenization, central bank digital currencies (CBDCs) and cross-border payments are starting to be more and more in trend. […] дальше »

2020-3-3 01:48


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Sentbe, Hanpass, WireBarley and More Leverage RippleNet to Improve Remittances in Korea

For the millions of remitters in South Korea, speed and cost matters—time delay in payments can interfere with covering critical expenses like emergencies, tuition payments and unexpected bills. However, for many years, the remittance market in Korea was controlled entirely by large financial institutions—leading to high foreign transfer fees and costly delays. дальше »

2020-2-27 03:30


Mnuchin Tells Congress Tougher Laws Will Be Introduced On Cryptocurrency Payments Soon

During a recent Senate Finance Committee hearing, Steve Mnuchin the U. S. Treasury Secretary called on the FinCEN, a U. S financial regulatory authority, to put in place new cryptocurrencies regulations and guidelines in a bid to reduce the money laundering, illicit trades and activities that cryptocurrencies purportedly enhance. дальше »

2020-2-13 21:39


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China Files 84 Patents For Central Bank Digital Currency

Reports of more than 80 digital payments-related patents filed by the People’s Bank of China (PBOC) is offering concrete proof of the country’s moves to launch a CBDC. China Serious About CBDC Issuance According to the Financial Times, China’s central bank has filed 84 patents relating to its plans to launch a digital currency electronic payments DCEP system. дальше »

2020-2-13 22:30


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Introduce Cryptocurrency Payments Within Any Service With the Blockmove Payment Aggregator

With the development of the crypto economy, cryptocurrencies are increasingly entering our lives every day. Not everyone is trying to support this trend, this is especially true for financial regulators, who see a certain kind of threat in the digital currency, and therefore try to limit the crypto sphere. дальше »

2020-2-13 11:00


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Singapore Implements New Legislation to Govern Crypto Market Participants 

Singapore’s financial watchdog, the Monetary Authority of Singapore (MAS), has announced that its Payment Services Act (PSA) is now live. The PSA aims to strengthen the existing regulatory framework governing cryptocurrency exchanges and other financial services platforms, while also fostering consumer protection and promote users’ confidence in digital payments, according to a press release onRead MoreRead More. дальше »

2020-1-29 18:00