Articles with tag like: digital currency

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ECB releases digital Euro report

News | Online Payments | 15 Apr 2021

The European Central Bank (ECB) has published the results of a public consultation on the digital euro highlighting money flow traceability concerns.

report, digital euro, digital currency, cross-border payments

China to conduct CBDC tests in Hainan Province

News | Cryptocurrencies | 12 Apr 2021

The People’s Bank of China (PBOC) has started to conduct CBDC pilot tests in Hainan Province, following similar tests in other provinces.

CBDC, digital currency, central bank, Alipay, WePay

Bank of Russia presents new CBDC concept

News | Cryptocurrencies | 09 Apr 2021

The Bank of Russia has presented a new concept for the digital RUB (ruble), a central bank digital currency the regulator has been contemplating since late 2020.

CBDC, central bank, DLT, digital currency

Moonstake, Sylo to offer staking functions in the Sylo Smart Wallet

News | Cryptocurrencies | 09 Apr 2021

Singapore-based Moonstake has announced its partnership with Sylo, a decentralised software development firm.

partnership, cryptocurrency, blockchain, digital currency, e-wallet

Central Bank of Bahamas shares updates on Sand dollar CBDC progress

News | Cryptocurrencies | 07 Apr 2021

John Rolle, the Governor of the Central Bank of Bahamas, has shared some updates on the rollout of the Bahamas’ central bank digital currency (CBDC) which went live in October 2019.

CBDC, central bank, digital currency, cash, financial inclusion, mobile payments, e-wallet

Sweden's central bank to include banks in next stage of e-krona project

News | Cryptocurrencies | 07 Apr 2021

Sweden’s central bank has announced plans to include other banks in the coming year to test how the e-krona could handle commercial and retail payments in the real world.

CBDC, cash, central bank, cross-border payments, payment processing, digital currency

Japan's central bank rolls out experiments on issuing digital currency

News | Cryptocurrencies | 05 Apr 2021

The Bank of Japan (BOJ) has begun experiments to study the feasibility of issuing its own digital currency.

central bank, stablecoin, CBDC, digital currency, payment processing, digital payments

Bank of Jamaica selects eCurrency to develop CBDC

News | Cryptocurrencies | 31 Mar 2021

The Bank of Jamaica has selected eCurrency Mint to provide the technology for its central bank digital currency (CBDC).

partnership, CBDC, eCurrency, central bank, digital currency

PayPal allows cryptocurrency payments for goods and services

News | Cryptocurrencies | 31 Mar 2021

PayPal has announced that it now allows payment for goods and services with cryptocurrency.

PayPal, cryptocurrency, merchants, product launch, payment processing, Bitcoin, digital currency, cryptocurrency exchange, transactions

US' Federal Reserve working on two CBDC prototypes

News | Cryptocurrencies | 30 Mar 2021

The Federal Reserve of the US is actively working on a central bank digital currency and some prototypes are near completion.

CBDC, digital currency, central bank, digital assets

The Monetary Authority of Singapore sets new AML/CFT guidelines

News | Cryptocurrencies | 29 Mar 2021

MAS (Monetary Authority of Singapore) has published a new infographic setting out its supervisory expectations on AML/CFT controls for the Digital Payment Token (DPT) sector.

digital currency, AML, CFT, regulation

China's central bank to employ controllable anonymity for the e-yuan

News | Cryptocurrencies | 26 Mar 2021

China’s central bank is trying to allay privacy worries associated with its digital currency by promising a system in which the user is anonymous unless suspect of fraud.

digital currency, CBDC, e-wallet, fraud prevention

South Korean bank builds pilot platform for CBDC

News | Cryptocurrencies | 11 Mar 2021

Shinhan Bank has built a pilot platform for a potential South Korean central bank digital currency (CBDC) with assistance from LG CNS.

blockchain, CBDC, digital currency, central bank, cryptocurrency

Payrexx partners with Utrust to enable the acceptance of cryptocurrency payments

News | Cryptocurrencies | 10 Mar 2021

Switzerland-based digital payment provider Payrexx has announced a partnership with crypto payment provider Utrust to introduce cryptocurrency payments for its merchants.

cryptocurrency, digital payments, partnership, digital currency, Bitcoin

France eyes Ripple's XRP Ledger as a possible platform for its CBDC

News | Cryptocurrencies | 10 Mar 2021

Banque de France, the central bank of France, has reportedly discussed XRP and Ripple for the launch of a central bank digital currency (CBDC), according to Finance Magnates.

XRP, CBDC, digital currency, central bank

Manor and Valora introduce Bitcoin voucher sale

News | Cryptocurrencies | 09 Mar 2021

Switzerland-based retailers Manor and Valora have announced the launch of Bitcoin as a payment method in the form of gift cards.

cryptocurrency, Bitcoin, mobile payments, digital currency, e-wallet

Donner & Reuschel to enter the crypto business

News | Cryptocurrencies | 09 Mar 2021

Germany-based private bank Donner & Reuschel has announced users can now purchase digital currencies and tokenization of assets is being examined for the future.

cryptocurrency, banks, digital currency, blockchain, tokenization

Navigating the evolving future of payments (part two)

Voice of the Industry | Cryptocurrencies | 08 Mar 2021

Vivek Kohli, Emerging Technology Head, Treasury Services Digital Office, BNY Mellon, examines how digital currencies are developing, their potential impact on the industry, and how banks can adapt to the evolving landscape

digital currency, banks, CBDC, cryptocurrency

Chinese enterprise blockchain integrates with digital yuan

News | Cryptocurrencies | 05 Mar 2021

China’s central bank has announced that a new Chinese homegrown enterprise blockchain, Chang’an Chain, will be integrated with the digital yuan.

CBDC, blockchain, central bank, digital currency, cryptocurrency, crypto asset

PayPal might acquire digital asset custody firm Curv

News | Cryptocurrencies | 03 Mar 2021

PayPal is in talks to buy digital asset custody firm Curv for USD200 – USD300 million, Ledger Insights cited reports from Israeli website Calcalist.

digital assets, digital currency, Token, cryptocurrency, acquisition, PayPal