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Ripple Named An ‘Innovation Example’ By Bank of America For Cross Border Payments
Bank of America is easily one of the most influential and one of the largest banks in the world, so any stance of this institution holds significant weight. With the recent declaration that Ripple is an “innovation example,” the XRP community is thrilled, as one member, BankXRP, shared a screenshot from the praise-filled document. Bank […] дальше »
2019-12-11 00:07 | |
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Japan’s Biggest Bank Pivots ‘MUFG Coin’ After Digital Currency Flop
MUFG has given up on launching a standalone cryptocurrency and will instead use the digital currency developed in a mobile payments service. The post Japan’s Biggest Bank Pivots ‘MUFG Coin’ After Digital Currency Flop appeared first on CCN.com дальше »
2019-12-6 14:18 | |
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European Central Bank (ECB) Ready to Launch Digital Euro to Improve Payments
The European Central Bank (ECB) would be considering the possibility of issuing its own digital Euro if the private sector fails to guarantee a convenient changeover for cross-border payments. The news was published by Bloomberg on December 4. дальше »
2019-12-5 14:00 | |
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ECB: Central Bank Digital Currencies Could Be Used To Improve Payment Systems
A digital currency could be used by the European Central Bank (ECB) in order to improve payments around the world. According to a document released by the ECB, adoption of this digital asset could be accelerated due to the lower cash usage in several countries. дальше »
2019-12-5 22:12 | |
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Crypto wallet app Eidoo adds instant SEPA transfers for European users
Eidoo, a cryptocurrency wallet platform with a built-in exchange, announced today that it has enabled instant SEPA transfers for European users. SEPA stands for the Single Euro Payments Area. It is an established system for cross-border Euro bank transfers between countries in the Eurozone. дальше »
2019-12-2 12:39 | |
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The Cardano Foundation Launches Adapay, An Ada Based Payment Gateway For Merchants
The Cardano Foundation, the parent company behind privacy-focused cryptocurrency Cardano (ADA) has launched its payment gateway for merchants called AdaPay on November 27. The new payment gateway would allow merchants to accept ADA payments directly into their bank accounts. дальше »
2019-11-29 17:03 | |
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Russia's Central Bank supports prohibition of Bitcoin payments
According to a report released by a local Russian media outlet, the Central Bank of the Russian Federation supports the idea to prohibit payments made using Bitcoin, if it follows appropriate legislatThe post Russia's Central Bank supports prohibition of Bitcoin payments appeared first on AMBCrypto. дальше »
2019-11-29 16:35 | |
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Kucoin Now Supports GBP and AUD Fiat Deposits via Banxa Partnership
Starting with November 26th, the IDG-backed cryptocurrency exchange KuCoin and the fiat on-ramp Banxa service are partnering up to offer KuCoin users instant fiat to cryptocurrency conversions. The partnership will make it possible for KuCoin clients to make bank transfers, credit or debit card payments or through the 1,200-newsagent network in the British Pound (GBP) […] дальше »
2019-11-27 20:13 | |
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Will China’s Crypto Yuan be Used for Retail Payments or Mass Surveillance?
China’s blockchain drive has been about one thing: getting its people used to a state-backed crypto asset. The People’s Republic is determined to get its crypto yuan out as soon as possible and bankers have stressed that it will be for retail use. дальше »
2019-11-27 10:00 | |
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Former PBoC Governor: Digital Currency to Be Used for Retail and Remittance
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. дальше »
2019-11-27 03:00 | |
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TransferGo Partners With Ripple to Offer Global Real-Time Payments Everywhere to Everyone
In 2018, TransferGo partnered with Ripple on a program to help Indian migrant workers send money home to their families faster than ever. Today, the company can transfer funds from a sender in Europe to a recipient bank account in India in just a few minutes. дальше »
2019-11-26 22:04 | |
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Sweden Central Bank Lays Down its Six Steps to Successfully Implement Digital Currency
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 […] дальше »
2019-11-22 21:08 | |
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Ripple Partner Banco Santander to Run its Blockchain-based Payment System on 6 More Corridors
In April 2018, Santander launched a foreign exchange service that uses the blockchain technology via Ripple to make same-day international money transfers. At the time, it said the service called Santander One Pay FX has been the first cross-border payments service using blockchain made by a bank. It went live in the UK, Span, Brazil, […] дальше »
2019-11-16 19:48 | |
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Bitcoin Trading Surges as Malaysia Mulls Cash Payment Limit
The peer-to-peer trade volumes of bitcoin spiked in Malaysia as their central bank discussed the prospects of capping cash transactions. The Central Bank of Malaysia announced this week that it is going to introduce a cash transaction limit of RM25,000 (~$6,000) starting next year. дальше »
2019-11-14 23:13 | |
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Singapore's central bank to develop prototype for cross-border payments
Monetary Authority of Singapore [MAS] recently revealed that it had collaborated with banking giant J.P. Morgan in order to develop a blockchain-based prototype. J.P. Morgan has always been bullishThe post Singapore's central bank to develop prototype for cross-border payments appeared first on AMBCrypto. дальше »
2019-11-11 09:00 | |
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CEX.io Joins Silvergate Bank’s Crypto Payments Network To Attract More US Clients
CEX.io, the London based crypto exchange has announced its partnership with Silvergate Exchange Network (SEN) which is a USD payment solution for crypto customers. Speaking to CoinDesk, the exchange’s worldwide head of operations who also doubles up as the head of compliance of the US branch, Steve Gregory, explained that SEN has the highest standard […] дальше »
2019-11-7 21:02 | |
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Vietnam: TPBank Joins RippleNet to Enable Blockchain-Enabled Cross-Border Payments
Vietnam-based TPBank (Tien Phong Commercial Bank) has become the latest member to join Ripple Inc. ’s blockchain-powered enterprise-grade payments network RippleNet. This, according to a report by Yahoo! Finance, November 4, 2019. дальше »
2019-11-5 20:00 | |
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US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies
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. дальше »
2019-11-5 02:45 | |
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People’s Bank of China (PBoC) Launches Digital Payment Certification of Fintech Products System
In what has been China’s week for blockchain, The People’s bank of China (PBoC), launched a new certification program to regulate digital currency payments in the country. The new laws will be set up and approved by the authority according to the official report released in a filing dated Oct. 26. The report states the […] дальше »
2019-10-30 01:31 | |
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Uber Dives in Payments and Financial Services Market with Uber Money
Coinspeaker Uber Dives in Payments and Financial Services Market with Uber MoneyUber has unveiled a new division called Uber Money which will offer its drivers bank accounts along with digital wallets, credit and debit cards, to receive instant payments. дальше »
2019-10-29 14:21 | |
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Is Bitcoin a Better Bet Against ‘Legal Crooks’?
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. дальше »
2019-10-25 12:00 | |
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Cardano Foundation to develop ADA payment processing solution with COTI
As Cardano’s adoption continues to grow, its parent company, the Switzerland-based Cardano Foundation, has announced its plans to develop an ADA payment gateway in collaboration with an enterprise-grade Fintech platform, COTI. дальше »
2019-10-24 20:00 | |
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The Fed Is Desperately Fighting Off Recession but There’s Nothing It Can Do to Stop It
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. дальше »
2019-10-24 17:20 | |
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BoE Deputy Governor: Central Bank Digital Currencies Are “Worth Looking At”
According to Bank of England deputy governor Dave Ramsden, developing a synthetic central bank digital currency is “worth looking at.” Ramsden who oversees payments and fintech said currently, the UK central bank is “very focused” on what needs to be done to provide infrastructure to encourage private innovation. Now, creating a digital currency with other […] дальше »
2019-10-20 17:39 | |
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National Bank of Cambodia (NBC) To Test Bakong Crypto Wallet For International Payments
The Central Bank of Cambodia has recently announced that it plans to diminish the costs of cross-border transfers and payments by using a digital wallet based on a blockchain called Bakong, powered by the Hyperledger technology. дальше »
2019-10-19 00:05 | |
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Wales Plans Digital Currency Launch, BoE Governor Views Cryptocurrencies like Libra as Payment System Solutions
Bank of England Governor Mark Carney has thrown his weight behind Facebook’s global cryptocurrency project dubbed Libra. The has opined that blockchain-based virtual currencies have the power tix the challenges associated with traditional payments systems, reports The Star on October 15, 2019. дальше »
2019-10-17 01:00 | |
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Libra, China’s CBDC could divert Euro supply: Bank of France’s Denis Beau
Over the past few months, the confluence of payments and the global economy has never been clearer. With Libra sending tremors from Washington D. C. to Paris, and China unveiling its plan to launch a digital yuan, ill-prepared lawmakers are feeling the brunt of not paying enough attention to the growing digital payments industry. дальше »
2019-10-16 09:43 | |
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Bank of America (BoA) Completes Application Process for Their Ripple Product Manager
Bank of America (BoA) closes the application for “Treasury Product Manager” position, who will lead the development of a Ripple based blockchain solution. BoA’s Completes the Application Process According to the official post on LinkedIn, the financial giant may have found a suitable product manager to lead the team on the “development of cross-boarder payments […] дальше »
2019-10-10 19:26 | |
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CryptoPay Crypto Wallet and Debit Card Firm Offers UK Bank Transfers With Local Fiat (GBP)
Cryptopay, a crypto wallet and debit card company, has upgraded it's services. Now, clients are able to transfer the U. K. ’s fiat currency, the British Pound (GBP) using a Faster Payments Scheme service. дальше »
2019-10-10 18:57 | |
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Libra could be a ‘systemically important’ payment platform, says Bank of England
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. дальше »
2019-10-9 13:17 | |
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‘XRP transactions ensure lesser volatility risks compared to fiat’
Ripple CEO, Brad Garlinghouse has been pioneering global crypto adoption via Ripple- traditional bank partnerships to enable faster cross border payments. While speaking about Ripple’s recent accomplishments at the Economic Club Of New York, the innovator explained how the XRP Ledger has been created to solve Bitcoin’s scalability issues. дальше »
2019-10-9 07:30 | |
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Ripple exec reveals execution of 100,000 transactions in concert with Banco Santander
One of the world’s leading blockchain firms, Ripple’s payment technologies have been popular with many banks globally. One such bank is Banco Santander, which is one of the firm’s largest clients. дальше »
2019-10-8 19:30 | |
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HashCash Building DLT Solution for a Global Bank
HashCash Consultants, a software firm that claims to be developing distributed ledger technology (DLT) solutions that allow enterprises to facilitate real-time cross-border payments, has inked a strategic partnership deal with an unnamed global bank for the development of core banking solutions aimed at increasing the speed, security and efficiency of banking processes, reports Yahoo FinanceRead MoreRead More. дальше »
2019-10-7 17:00 | |
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Facebook’s Libra, other stablecoins may disrupt financial stability, claims FSB’s Vice Chair
The commotion around Libra and other stablecoins has caught the attention of a lot of regulators from across the world. The idea of a virtual asset backed by a fiat currency to facilitate payments has taken flight among several mainstream financial institutions, including the likes of JPMorgan. дальше »
2019-10-5 23:30 | |
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Coinbase reinstates GBP bank transfers, but ups fees for low-volume traders
After splitting up with its UK banking partner Barclays earlier this year, Coinbase has now fully reinstated GBP transfers. But it’s not all good news, as the exchange has also upped its fees. дальше »
2019-10-4 14:46 | |
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Desperate Maduro Trumpets Crypto Payments with China and Russia
Venezuela’s President Nicolas Maduro has openly declared his regime’s love for cryptocurrencies like Bitcoin and Ethereum. The controversial politician on Tuesday said his government is using cryptocurrencies to access national and international payment infrastructure. дальше »
2019-10-1 13:44 | |
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Litecoin Foundation, Token Pay-owned German bank to process Bitcoin payments by 2020
WEG Bank AG, a German bank which has been partially acquired by three prominent blockchain firms – Nimiq, Token Pay and the Litecoin Foundation, has announced that it will process cryptocurrency payments for retailers by 2020. дальше »
2019-10-1 12:26 | |
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SBI Holdings’ MoneyTap adds two more traditional banks to complete its list of 30 partners
Japan-based SBI Holdings currently stands as one of the most crypto-accepting financial body as it propels cross-border payments landscape through Ripple’s network. In the latest effort to maintain this trajectory, SBI’s MoneyTap initiative announced inclusion of two more traditional financial banks, Daiwa Securities Group Inc. дальше »
2019-10-1 21:32 | |
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Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin
Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central de Venezuela’s (BCV) vaults to pay for oil and gas operations. дальше »
2019-9-28 20:45 | |
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Venezuelan Central Bank Considers Adding Bitcoin to Balance Sheets
Venezuela’s Central Bank is considering adding bitcoin to its balance sheets, giving state institutions the ability to settle payments in cryptocurrencies. The post Venezuelan Central Bank Considers Adding Bitcoin to Balance Sheets appeared first on Bitcoin Magazine. дальше »
2019-9-27 00:42 | |
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