Articles with tag like: digital currency

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Will China pave the way for large-scale CBDC usage?

Voice of the Industry | Cryptocurrencies | 22 Oct 2021

Gonzalo Santamaria of Currency Research suggests in this article that it’s time to get ready for large-scale use cases. So let’s see what’s next for China’s CBDC project

CBDC, digital currency, blockchain, payment methods

Banque de France experiments with CBDC for treasury bonds

News | Cryptocurrencies | 20 Oct 2021

A consortium of institutions led by Euroclear have successfully experimented central bank digital currency (CBDC) for settling French treasury bonds on a test blockchain.

CBDC, blockchain, digital currency, partnership, central bank

Ghana to test offline transactions for CBDC

News | Cryptocurrencies | 20 Oct 2021

Ghana has announced it is working on offline capabilities for its forthcoming central bank digital currency (CBDC) in a bid to promote its use across all segments of Ghanaian society.

CBDC, central bank, digital currency, digital assets

Ripple collaborates with the Digital Pound Foundation

News | Cryptocurrencies | 18 Oct 2021

US-based payment service provider Ripple has partnered with UK-based non-profit organisation Digital Pound Foundation to oversee the development of the digital GBP.

blockchain, cryptocurrency, digital currency, Ripple, CBDC, partnership

Digital Pound Foundation launches to support CBDC in UK

News | Cryptocurrencies | 14 Oct 2021

A group of private sector professionals launched the Digital Pound Foundation, an organisation that aims to promote the development of the UK’s central bank digital currency (CBDC).

partnership, CBDC, central bank, digital currency, blockchain

Coinbase is launching an NFT marketplace

News | Cryptocurrencies | 13 Oct 2021

Coinbase has opened a waitlist for a marketplace that lets users mint, collect and trade nonfungible tokens (NFTs).

NFT, cryptocurrency exchange, product launch, digital currency

Deloitte shares report on CBDCs ahead of Federal Reserve's CBDC review

News | Cryptocurrencies | 13 Oct 2021

Deloitte has launched a report on central bank digital currencies, in the context of the Federal Reserve preparing to launch a review of whether to implement its own digital currency soon.

CBDC, report, central bank, digital currency

R3 acquires stablecoin issuance capability with Ivno software

News | Cryptocurrencies | 12 Oct 2021

US-based enterprise technology provider R3 has acquired the technology and team of the UK-based tokenisation solution company Ivno to use its capabilities across the Corda platform.

tokenization, acquisition, R3, digital currency, digital assets, stablecoin

Hong Kong Central Bank releases e-HKD whitepaper

News | Cryptocurrencies | 05 Oct 2021

The Hong Kong Monetary Authority (HKMA) has published a technical whitepaper on retail central bank digital currency (CBDC), strengthening its position to launch a digital fiat.

CBDC, central bank, study, digital currency

Vikram Pandit joins group of elite investors in closing eCurrency funding round

News | Payments General | 05 Oct 2021

eCurrency Mint has closed a funding round with new investors including Pandit, the former CEO of Citi Group, according to discussions we had with company representatives.

CBDC, funding, central bank, digital currency

PayPal, Visa, and Amazon to help the Bank of England work on its CBDC

News | Cryptocurrencies | 30 Sep 2021

The Bank of England and the UK Treasury department have announced that PayPal, Amazon, and Visa will be among the corporate representatives participating in two advisory groups that are exploring a possible Central Bank Digital Currency.

Visa, banks, digital currency, CBDC

GK Software teams up with Flexa

News | Cryptocurrencies | 22 Sep 2021

GK Software has partnered with Flexa, a pure-digital payments network, to enable merchants using TransAction+, GK’s payment processing application, to accept different digital currencies.

Flexa, cryptocurrency, partnership, digital payments, merchants, digital currency

Figure partners with Marqeta to power digital banking and Buy Now, Pay Later

News | Mobile Payments | 21 Sep 2021

Marqeta, a US-based fintech, has partnered with payment service provider, Figure, to power the launch of the Figure Pay product, an all-in-one digital money app.

partnership, BNPL, digital currency, mobile payments

Will CBDC gain popularity across the globe?

Voice of the Industry | Cryptocurrencies | 20 Sep 2021

As CDBCs are being explored by several governments, Petr Kozyakov from Mercuryo explores some of the benefits they offer such as improved economical transparency, traceability, and security

CBDC, cryptocurrency, blockchain, digital currency, Bitcoin, Ethereum, banks, digital euro, online security, fraud management

Wise cuts fees for transfers in Germany

News | Mobile Payments | 16 Sep 2021

UK-based multi-currency accounts and international transfer company Wise has announced cutting fees for transfers on a wide range of routes. 

product upgrade, cross-border payments, digital currency, transactions

Bunq upgrades app with currency functionality

News | Online & Mobile Banking | 06 Sep 2021

Netherlands-based neobank Bunq has released an update for its mobile banking app. 

product upgrade, IBAN, cross-border payments, digital currency, payment processing

everis, UCL, PETRAS join forces on new research project for central banks to enable token-based digital currencies

News | Cryptocurrencies | 02 Sep 2021

everis, a consultancy that is part of the NTT DATA Group, has teamed up with the British Standards Institution (BSI), Bank of England, University College London (UCL), and the University of Edinburgh on Project FIRE (Future Infrastructure for Retail Remittances).

digital currency, CBDC, Token, Bank of England

The Monetary Authority of Singapore selects 15 finalists for its CBDC Challenge

News | Cryptocurrencies | 31 Aug 2021

The Monetary Authority of Singapore (MAS) has announced 15 finalists for its Global CBDC Challenge to find the best solutions for retail central bank digital currencies (CBDC). 

CBDC, Monetary Authority of Singapore (MAS), API, digital currency

IMF warns El Salvador about risks of Bitcoin, again

News | Cryptocurrencies | 31 Aug 2021

The IMF has revived the warnings published in a blog post in July 2021 and recapped that recognising Bitcoin as national currency represents an ‘inadvisable shortcut.’

Bitcoin, digital assets, digital currency, CBDC, risk management

Nigeria chooses Bit for CBDC launch

News | Cryptocurrencies | 31 Aug 2021

Nigeria has announced it will work with Bitt as a technical partner in its bid to launch its own cryptocurrency, the ‘eNaira’, as the Central Bank says.

CBDC, central bank, digital currency, digital assets, partnership