Articles with tag: digital currencies

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SEBA Bank, Lightnet Group partner for joint venture

25 Aug 2020 | Payments General

Switzerland-based FINMA licensed SEBA Bank has signed a Memorandum of Understanding with Lightnet, a Singapore-based fintech company.

SEBA Bank, Lightnet Group, joint venture, Switzerland, FINMA, SEBA Bank, Memorandum of Understanding, Lightnet, Singapore, fintech, settlements, remittances, fiat currencies, settlement banking network, account, custodian, digital currencies, MTOs, money transfer operators, unbanked, fragmentation

Interview with Cypherium about blockchains and Central Bank Digital Currencies trials

24 Aug 2020 | Cryptocurrencies

Blockchain, or ‘distributed ledger’ technology that underpins Bitcoin, has emerged as an object of intense interest in the financial services industry and beyond

financial services, blockchain, central bank digital currency, CBDC, central banks, Sky Guo, Cypherium, digital currencies, DLT, China

Sberbank considers introducing stablecoin after new crypto law

06 Aug 2020 | Cryptocurrencies

Russia-based Sberbank has announced plans regarding stablecoin, which are digital currencies backed by real-world assets, major fiat currencies, or commodities such as gold.

Sberbank, stablecoin, crypto law, crypto, Russia, digital currencies, fiat currencies, commodities, gold, cryptocurrency, On Digital Financial Assets, DFA, crypto-to-crypto trading platform, loans, digital securities

OKEx rolls out P2P trading platform in India

05 Aug 2020 | Cryptocurrencies

Crypto exchange OKEx has announced the launch of a peer-to-peer trading platform in India, allowing users to buy cryptocurrencies with INR without fees.

OKEx, P2P trading, trading platform, India, peer to peer trading, cryptocurrency, INR, fees, Bitcoin, USDT, UPI, IMPS, NEFT, digital currencies, Reserve Bank of India, bank lift, local exchanges, CoinDCX

Cambodia-based fintech Clik secures USD 3.7 mln funding for financial inclusion

05 Aug 2020 | Payments General

Fintech startup Clik has completed the final close of its USD 3.7 million seed round for mobile payments, loyalty programmes, data visualisation, business intelligence, and cloud data services. 

Clik, fintech, Cambodia, funding, financial inclusion, mobile payments, loyalty programmes, data visualisation, business intelligence, cloud data services, Openway, Poems Pte, angel investors, National Bank of Cambodia, NBC, Central Bank Digital Currencies, Bakong, payment aggregator, payments, cards, wallets, bank accounts, mPOS, SoftPOS, eKYC

Binance launches trading platform in Australia

29 Jul 2020 | Cryptocurrencies

Binance, a blockchain company, has launched Binance Australia, a fiat-to-crypto trading platform.

Binance, fiat, cryptocurrency, Binance Australia, Australia, blockchain, banks, PayID, mobile app, digital currencies, Singapore, Korea, Uganda, Jersey, US, UK

Visa to offer Bitcoin, Ethereum, and Ripple payments

27 Jul 2020 | Cryptocurrencies

Payments provider Visa has announced plans to incorporate cryptocurrencies such as Bitcoin (BTC) into its payments network.

VISA, Bitcoin, Ethereum, Ripple, payments, BTC, merchants, cryptocurrencies, stablecoins, Tether, payment method, regulators, Coinbase, Fold, digital currencies, payment network, crypto wallets, cards, prepaid cards

Bank of Japan sets up new team to explore Central Bank Digital Currency

22 Jul 2020 | Online & Mobile Banking

The Bank of Japan (BOJ) has set up a new team to explore the implications of central bank digital currencies.

Bank of Japan, banks, Central Bank Digital Currency, BOJ, CBDC, digital currencies, Japan

India-based TCS launches crypto trading solution for banks

09 Jul 2020 | Cryptocurrencies

IT company Tata Consultancy Services (TCS) has announced a cryptocurrency trading solution for banks to allow their customers to invest in cryptocurrencies.

India, TCS, crypto trade, trading solution, banks, Tata Consultancy Services, cryptocurrency, BSE, NSE, stock exchange, Quartz Smart Solution for Crypto Services, financial institutions, banks, cryptocurrency trading, stable coins, digital currencies, fiat currencies, trading venues, blockchain networks

Simplex now supports Bitcoin SV across its global network

02 Jul 2020 | Cryptocurrencies

Simplex, a fiat infrastructure for digital currencies, has announced that it added support for Bitcoin SV (BSV). 

Simplex, Bitcoin SV, BSV, digital currencies, fiat infrastructure, digital assets, Visa, Mastercard, credit cards, debit cards, exchanges, wallets, gateways, BiKi, Bitfinex, Bithumb, Bitmart, BitMax, CoinEx, Cross exchange, DigiFinex, Huobi, KuCoin, MXC, OKEx, Poloni

Nigeria reveals social payments app for cash and crypto

23 Apr 2020 | Cryptocurrencies

An Africa-based social payments app for cash and cryptocurrencies, dubbed Bundle and backed by Binance, has launched in Nigeria. 

Nigeria, social payments app, cash, cryptocurrencies, Binance, digital assets, KYC, fiat, verification, fees, digital wallet, digital currencies

BIS publishes paper on tokenised securities, CBDCs, P2P payments

02 Mar 2020 | Cryptocurrencies

The Bank for International Settlements (BIS) has published a white paper that focuses on tokenised securities, central bank digital currencies, cross-border payments and peer-to-peer innovations.

Bank for International Settlements, DLT, Central Bank digital Currencies, CBDC, P2P payments, tokenisation, securities, descentralisation

Bank of Canada to consult with stakeholders on digital currencies

27 Feb 2020 | Cryptocurrencies

The Central Bank of Canada has announced plans to consult with stakeholders on the possibility of launching a digital currency due to potential mass adoption of private digital currencies.

Central Bank of Canada, digital currencies, central bank digital currency, innovation, digital money, Canada

Adoption and potential of central bank digital currencies, study

18 Feb 2020 | Cryptocurrencies

Central banks in established countries appear to be taking a cautious stance on the transition from fiat currencies to central bank digital currency (CBDC), Cointelegraph reported.

central bank digital currency, CBDC, digital currencies, cryptocurrencies, stablecoins, China, banks, central banks

The US central bank is discussing digital currencies

06 Feb 2020 | Payments General

The Federal Reserve is looking at a broad range of issues around digital payments and currencies, including policy, design and legal considerations around potentially issuing its own digital currency.

banking, Fed, US, digitalisation, digital payments, blockchain, central bank digital currency, digital currencies, China

Bank of Lithuania on the potential of central bank digital currencies

30 Jan 2020 | Cryptocurrencies

The Paypers has sat with Aistė Juškaitė, principal economist at the Market Infrastructure Department, Bank of Lithuania to discuss about the potential behind CBDC

CBDC, cryptocurrency, digital currency, monetary laws, Bank of Lithuania, Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Sveriges Riksbank, Swiss National Bank, central bank digital currencies

European Central Bank to consider central bank digital currencies

09 Jan 2020 | Cryptocurrencies

The European Central Bank has expressed its eagerness to expand its role in developing central bank digital currencies (CBDCs).

European Central Bank, central bank digital currencies, CBDC, cryptocurrency, Europe

Digital currencies like Facebook's Libra not allowed in the EU until risks are addressed

09 Dec 2019 | Cryptocurrencies

EU finance ministers have agreed that stablecoins, private digital currencies like Facebook’s Libra, should not be allowed in the European Union until the risks they could pose are clearly addressed.

stablecoins, digital currencies, Facebook, Libra, EU, Bitcoin, Europe

Switzerlands central bank, SIX Group to explore the use of digital currencies for trading

10 Oct 2019 | Cryptocurrencies

SIX Group, the Swiss stock exchange operator, has been working with the Swiss National Bank (SNB) to examine the possible use of digital currencies in trading.

SIX Group, Swiss National Bank, Switzerland, digital currencies, bonds, partnership, tokenisation, trading

Thailand plans to amend crypto AML laws

06 Aug 2019 | Cryptocurrencies

Acting Secretary-general of the Thailand Anti-Money Laundering Office (AMLO) has hinted that the regulator is making plans to amend the laws governing cryptos.

Thailand, AML, laws, cryptocurrencies, digital currencies, money laundering, illegal activities, fraud prevention, exchanges, transactions