2023-6-13 23:00 |
The project, delayed from last year, will enlist bank employees and nearby businesses for the pilot. Each payment provider has launched its own app.
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Thailand’s central bank will continue with its retail central bank digital currency (CBDC) development this month. The project (delayed from 2022) will enlist nearby businesses and bank employees for the test.
2023-6-13 11:49 | |
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Coinspeaker Bank of Brazil Includes 14 Participants in Its CBDC Pilot The Brazil Central Bank Digital Currency will initially focus on wholesale interbank transaction payment solutions.
2023-5-26 16:14 | |
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The HKMA (Hong Kong Monetary Authority) introduced the e-HKD Pilot Programme on Thursday (18 May). It confirmed that it selected 16 companies from the technology, payment, and financial industries.
2023-5-19 17:59 | |
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Reuters said the Brazilian central bank has formally launched its CBDC experiment. The bank has specifically announced the beginning of its digital currency pilot project to imitate the success displayed by the rapid payment system, Pix. According to Fabio Araujo,…
2023-3-7 13:53 | |
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The November 2022 Pick n Pay pilot testing for the implementation of the bitcoin payment option has yielded positive moves as the South African-based retailer.
2023-2-2 00:00 | |
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Global payment solution provider Ripple has teamed up with the Baltic nation of Montenegro to help develop its digital currency.
2023-1-31 14:29 | |
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2023-1-31 00:53 | |
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Strike CEO Jack Mallers has announced that the Bitcoin Lightning Network is now live with Clover, marking a significant step forward in Bitcoin's push toward mainstream adoption as a means of payment.
2023-1-28 16:28 | |
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The digital rupee is intended as a supplement to the current payment system and not its replacement.
2022-11-23 13:13 | |
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The Chongqing district in China is to conduct a new pilot for the digital yuan CBDC. The pilot will allow taxpayers to make payments in digital yuan. The post China: Chongqing Launches Tax Payment Pilot for Digital Yuan appeared first on BeInCrypto.
2022-6-4 16:00 | |
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Italian high-end luxury fashion house Gucci is looking to add crypto as a payment option in some of its United States stores from late May, with plans to expand the pilot to all its North American stores by summer 2022.
2022-5-5 15:30 | |
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China has expanded its central bank digital currency pilot program to include the payment of tax, stamp duty and social security.
2022-4-29 07:47 | |
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In collaboration with Swan Bitcoin and Spade Payment Solutions, OctaPharma is testing a pilot of 32 locations that allows donors to be paid in bitcoin.
2022-3-31 20:13 | |
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Visa and ConsenSys, a blockchain software startup, are working to develop a central bank digital currency (CBDC) pilot program to explore retail applications such as cards and wallets. Both firms will first meet with an estimated 30 central banks to discuss the goals that governments hope to achieve with government-backed digital currency.
2022-1-15 02:17 | |
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Florida’s Governor Ron DeSantis has revealed a new proposal that would allow for businesses pay for state fees in crypto. The post Florida Governor Proposes Crypto Payment Pilot for Businesses appeared first on BeInCrypto.
2021-12-10 11:16 | |
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Payment giant MoneyGram International continues to cement its partnership with the Stellar ecosystem. Via an official post, the company announced a new stage for its collaboration by deploying a live cash-in and cash-out pilot initiative in the United States.
2021-11-19 02:56 | |
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United Wholesale Mortgage, which had recently made headlines in the crypto space for being the first in the industry to accept payment for a mortgage in Bitcoin, has now eliminated the said feature citing issues related to incremental costs and regulatory fluctuations in cryptocurrency.
2021-10-18 16:35 | |
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Ripple, in partnership with The Royal Monetary Authority of Bhutan, will start trials for a digital Ngultrum. The San Francisco-based company will integrate its distributed ledger technology into Bhutan’s existing payment system with the help of its CBDC Private Ledger product.
2021-9-25 14:02 | |
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IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network.
2021-4-8 15:21 | |
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According to the state-run Shenzhen Special Zone Daily newspaper, the People's Bank of China is now ready to run a trial of its digital yuan through cross-border payments. China’s central bank is running a one-day pilot program under which selected Hong Kong residents can use the central bank digital currency (CBDC) as a payment method […] The post China’s Central Bank Runs a Cross-Border Trial of Digital Yuan first appeared on BitcoinExchangeGuide.
2021-4-6 19:41 | |
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Payment protocol firm Ripple announced a pilot project that seeks to provide a “private version” of its XRP ledger for central banks that can use the technology to issue and manage digital currencThe post Ripple launches pilot private ledger for central banks' CBDC appeared first on AMBCrypto.
2021-3-4 22:29 | |
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Atlantic-Pacific Processing Systems NV, Corp., a leading fintech white label SaaS payment processing and acquiring infrastructure platform, and Global Oculus, a blockchain and digital currency solution...
2021-2-25 06:24 | |
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Payment processing giant Visa has partnered with First Boulevard, a neobank focused on building wealth for the black community, to pilot a new crypto application programming interface (API) program. Giving Financial Institutions Having Access to Cryptocurrency According to a press release on Wednesday (Feb.
2021-2-4 07:15 | |
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Volante Technologies announced its participation in a pilot for the Federal Reserve’s new instant payment platform, FedNow. The service aims to “provide American consumers and businesses with instant payments services that deliver control, convenience and certainty.
2021-2-3 11:31 | |
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Banque de France, France’s central bank, has completed a CBDC pilot. The bank unveiled this news through an official announcement on January 19, noting that it had joined hands with SETL, a UK-based settlement and payment infrastructure provider, to achieve this milestone.
2021-1-21 23:16 | |
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The People’s Bank of China (PBoC) completed its largest digital currency electronic payment (DC/EP) test in Shenzhen. Over $3 million of the central bank’s digital currency was given away to over 100,000 residents in Shenzhen via a red envelope lottery, a WeChat post confirmed.
2021-1-20 22:00 | |
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Chinese backed blockchain project BSN has revealed plans to pilot the adoption of a global CBDC system in 2021. Central Bank Digital Currencies (CBDC) was the major talk in 2020 and it appears that the push will be greater this year.
2021-1-16 23:00 | |
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China’s central bank and the Hong Kong Monetary Authority (HKMA) are gearing up to conduct a pilot test of the e-yuan central bank digital currency (CBDC) system. The move further broadens the scope of the digital currency electronic payment (DCEP) with plans to introduce the currency in Macau as well.
2020-12-7 18:00 | |
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A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.”
2020-11-30 21:42 | |
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The akoin cryptocurrency, created by famous singer and philanthropist Akon, has started trading on a global crypto exchange. It is also being launched as a means of payment in a tech city in Kenya as a pilot for Akon City, the $6 billion futuristic city that is being built in Senegal.
2020-11-15 00:15 | |
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China is on the verge of completing trials and pilot programs for its national digital currency for the Yuan, which they are calling DCEP. The CBDC, which has been under development for over half a decade, is currently being put to the test through various government subsidies and as a form of payment in selected […] The post .
2020-10-22 21:56 | |
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If recent events are any indicator, the race for central bank digital currencies (CBDC) appears to be heating up. In August, trials of China’s digital currency electronic payment pilot were announced in 27 cities across the country.
2020-9-21 17:37 | |
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The Haeundae Beach System in Busan is part of a pilot project that aims to offer crypto payment solutions to beachgoers in the summertime.
2020-8-9 04:00 | |
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The central bank of South Korea announced today the launch of a pilot scheme to test the viability of its own digital currency to replace its current payment systems. Although the Bank of Korea explicitly notes that it has no plans of issuing the digital currency immediately as there is still significant demand for cash, […]
2020-4-6 16:22 | |
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Hawaii launches a regulatory sandbox, “Digital Currency Innovation Lab”, a pilot program to boost the understanding of digital currencies. The program will run for two years offering crypto startups and companies an opportunity to do business in the country “without obtaining a state money transmitter license.
2020-3-20 20:02 | |
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Electra (ECA), an open-source Proof of Stake (PoS) blockchain project focused on digital payments, announced today it is now seeking merchants to beta test its flagship product, ElectraPay. ElectraPay is a complete financial management system, that will allow merchants to easily adopt an alternative payment method that is not dependent upon payment service providers, banks, […] CryptoNinjas: Electra opens pilot testing for new crypto payment system
2019-12-30 17:25 | |
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Cryptocurrency payments and wallet platform Crypto. com, announced today a new partnership with Xfers, a Singapore-based payment processing gateway. Now, Crypto. com users will be able to instantly buy cryptocurrencies (including BTC, ETH, LTC, XRP, MCO, CRO) in SGD.
2019-11-14 21:10 | |
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Popular payments services provider Mastercard is teaming up with blockchain company R3 to create an international payments solutions, CoinDesk reports. In a press statement, the two companies will develop and pilot a fresh blockchain-based cross-border platform.
2019-9-12 21:19 | |
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The trade finance blockchain platform has passed another milestone in its development, with a successful pilot of real-time payment triggers.
2019-8-14 15:07 | |
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A pilot program saw Oxfam distribute financial aid in the form of tap-and-pay cards developed for Sempo’s payment platform that were loaded with DAI to 200 citizens of Vanuatu to test the efficacy of blockchain-based disaster relief solutions
2019-6-27 18:04 | |
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The Bank of Canada and the Monetary Authority of Singapore announced the successful completion of a cross-border and cross-currency payment pilot using central bank digital currencies.
2019-5-3 20:10 | |
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Ripple partner Siam Commercial Bank (SCB) in collaboration with PTTEP has announced the success of live payment on RippleNet that will be implemented in CLMV and Southeast Asian countries by this year.
2019-4-23 20:01 | |
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Singapore blockchain startup EVX Holdings, operating under Everex, has received the green light from Thailand to deploy blockchain technology to facilitate international remittances and establish “payment connectivity” between Thailand and Myanmar.
2019-4-9 12:26 | |
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The town of Innisfil, Ontario will be the first municipality in Canada to accept bitcoin in payment for property taxes. The pilot scheme will be in partnership with Toronto-based Coinberry, who simultaneously announced a new easy-to-use cryptocurrency payment solution.
2019-3-29 15:00 | |
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The National Bank of Ukraine, the country’s central bank, has been working on a pilot project to test the usefulness of a digital version of its currency, the Hryvnia. The bank announced today that it had completed the pilot and would be investigating further uses of the token.
2019-2-26 10:45 | |
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Euro Exim Bank, one of the financial institutions to employ the use of Ripple’s payment system and the first to adopt xRapid, has revealed plans to use the company’s xCurrent for a pilot of its new Trade Finance System.
2019-1-28 00:04 | |
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Crypto Garage, a subsidiary of the Japanese IT company Digital Garage, Inc, announced on January 21, 2019, that it would test issuance of JPY stablecoins on their SETTLENET platform. The Stablecoin Euphoria Expands to Japan The blockchain fintech company will pilot a delivery versus payment settlement service between JPY tokens and digital assets in a project fully authorized under the.
2019-1-22 14:00 | |
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CryptoNinjas Cryptocurrency payment processing company CoinGate announced they have partnered up with privacy service provider Surfshark for a pilot project of the long-anticipated Litecoin Lightning Network (LN) solution.
2019-1-18 00:43 | |
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Mongolia’s capital city of Ulaanbaatar has unveiled plans to launch a pilot program that will see the city’s Nalaikh district deploy a blockchain-based payment system developed by stablecoin startup Terra.
2019-1-12 03:44 | |
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A partnership with InShare sees Nexus adding some of its $274 million on-chain capacity to the retail mutual insurer comprising over 5,000 shopkeepers and small retail businesses.
Apsys, a France-based real estate company, has signed a partnership deal with local fintech Lyzi to enable customers to pay for purchases nationwide across all its shopping malls with crypto. Apsys, a company that owns, develops, and manages many real…
With 11 megalopolises and three currencies, Guangdong, Hong Kong and Macao make up a region that is ripe for central bank digital currency research.
The monetary authority is developing a wholesale CBDC separately and earlier; it is looking at prospective retail use cases despite the lack of an “imminent role” for the currency.
Croatia has been enjoying the growing cryptocurrency adoption despite the ongoing crypto winter, Konzum's director of business applications Ines Barbir said.
How one tweet about being “broke as hell” created a chain of community Bitcoin buys that exceeded six figures and counting.