Articles with tag like: digital currency

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Ukraine plans for crypto integration by 2024

News | Cryptocurrencies | 23 Jul 2021

Government and business representatives in Ukraine have produced a roadmap to integrate cryptocurrencies by 2024.

cryptocurrency, digital currency, regulation, crypto asset

Central Bank of Nigeria to launch CBDC pilot in 2021

News | Cryptocurrencies | 23 Jul 2021

The Central Bank of Nigeria has announced it will start the pilot of its central bank digital currency, which runs on the Hyperledger Fabric blockchain, on 1 October 2021.

CBDC, central bank, digital currency, blockchain

Currency.com joins CryptoUK trade association

News | Cryptocurrencies | 22 Jul 2021

Currency.com, a European crypto platform, has announced it has joined CryptoUK, the trade association for the UK’s crypto digital sector.

cryptocurrency, cryptocurrency exchange, regulation, digital currency

Crypto exchange Liquid enables Stellar USDC

News | Cryptocurrencies | 14 Jul 2021

Singapore-based crypto exchange platform Liquid and the Stellar Development Foundation (SDF) have announced that Stellar USDC is now available to Liquid’s exchange customers.

partnership, cryptocurrency, cryptocurrency exchange, digital currency

UAE plans to introduce digital currency

News | Cryptocurrencies | 12 Jul 2021

The Central Bank of the UAE has announced aims to introduce digital currency as part of its 2023-2026 strategy, as state news agency WAM reports.

central bank, regulation, CBDC, digital currency

Circle goes public in USD 4.5 bln blank-check deal

News | Cryptocurrencies | 08 Jul 2021

Global fintech Circle has announced it would go public through a merger with a blank-check company in a deal that values it at USD 4.5 billion.

merger, investment, digital currency, DeFi, digital payments

Visa partnering with 50 crypto platforms

News | Cryptocurrencies | 08 Jul 2021

Visa has announced it is partnering with 50 crypto platforms on card programs to allow users to convert and spend digital currency at 70 million merchants worldwide.

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

Banque de France and MAS experiment on cross-border payments using CBDC

News | Cryptocurrencies | 08 Jul 2021

The Banque de France (BdF) and the Monetary Authority of Singapore (MAS) have announced the completion of a wholesale cross-border payment and settlement experiment using CBDC.

central bank, cross-border payments, CBDC, digital currency

German Banking Industry Committee is in favour of e-euros, position paper shows

News | Cryptocurrencies | 08 Jul 2021

The German Banking Industry Committee (GBIC) has released a position paper speaking out in favour of the E-Euro.

report, digital euro, CBDC, digital currency

Huobi adds five new payment methods for Argentina users

News | Online Payments | 07 Jul 2021

Digital assets exchange Huobi Global has announced this week the integration of five new payment methods for its Argentina Peso (ARS) users. 

online payments, digital currency, P2P payments, local payment method

Blockchain is unsuitable for CBDC, Swiss National Bank states

News | Cryptocurrencies | 25 Jun 2021

Swiss National Bank (SNB) economist Carlos Lenz has stated at a press conference organised by the Swiss Bankers Association that there is no need for a digital franc. 

cryptocurrency, CBDC, DeFi, digital currency

A bumpy road ahead - transformation of payments leading towards cashless societies

Voice of the Industry | Payments General | 25 Jun 2021

The world of payments is rapidly moving away from cash and into non-cash transactions which is in line with a general digitalisation of our societies

CBDC, digital currency, cashless, e-wallet, cash, mobile payments, ATM

The ASEAN Financial Innovation Network launches digital currency sandbox

News | Cryptocurrencies | 18 Jun 2021

The ASEAN Financial Innovation Network (AFIN) has launched a digital currency sandbox so that banks and fintechs can experiment with central bank digital currency applications.

regulatory sandbox, central bank, digital currency, banks, fintech, API

China Construction Bank to issue IDEX Biometrics smart cards

News | Digital Identity, Security & Online Fraud | 17 Jun 2021

IDEX Biometrics has announced that China Construction Bank (CCB) has expanded certain digital renminbi trials to include the issuance of smart cards that are secured by IDEX Biometrics’ fingerprint sensors and biometric software.

biometrics, digital currency, CBDC

First CBDC salary payment in China

News | Cryptocurrencies | 15 Jun 2021

A Chinese district in Hebei province has just debuted the use of the Digital Renminbi (digital RMB) to make salary payments via a local blockchain platform.

CBDC, blockchain, central bank, digital currency

Hong Kong tests China's digital yuan

News | Cryptocurrencies | 09 Jun 2021

Hong Kong has announced intentions to test connecting China's digital yuan with its domestic payments network, in the second stage of trials of China's digital currency in the financial hub.

CBDC, central bank, digital currency, cross-border payments

Bank of England launches discussion paper on digital money

News | Cryptocurrencies | 08 Jun 2021

Bank of England has launched a discussion paper to set out the Bank’s emerging thoughts on new forms of digital money, which include both systemic stablecoins and a UK CBDC.

central bank, regulation, digital currency, CBDC, stablecoin

ECB wants digital euro as competition for 'artificial currencies'

News | Cryptocurrencies | 07 Jun 2021

The European Central Bank (ECB) has announced that a central bank digital currency (CBDC) is needed in order to contest ‘artificial currencies’ in international payments. 

report, CBDC, digital euro, digital currency

Bank of Ghana announces CBDC project

News | Cryptocurrencies | 07 Jun 2021

The Governor of the Bank of Ghana has announced that the central bank has been working on a central bank digital currency (CBDC).

central bank, banks, CBDC, digital currency, e-wallet

The digital rouble could help Russia bypass the SWIFT banking payment system

News | Payments General | 03 Jun 2021

Russia’s central bank governor, Elvira Nabiullina, has said for CNBC that digital currencies will be the future of financial systems, as the economy moves online.

CBDC, digital currency, SWIFT, cybersecurity, central bank