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Digital CNY to grow retail payments and prevent USD dominance

News | Cryptocurrencies | 30 Oct 2020

A former governor of the China-based central bank has addressed the sovereign digital currency issue, the digital CNY being designed to grow retail payments at home and prevent USD dominance.

China, digital yuan, digital CNY, retail payments, stable coins, digital currency, Bank of China, DCEP, electronic payment

Libra's imminent launch is in the rumour mill

News | Cryptocurrencies | 30 Oct 2020

Libra, the Facebook-backed project, has reportedly been poised to launch in 2020, gathering a roster of big names from banking as well as enforcement, while scaling back on initial ambitions.

Libra, launch, Facebook, banking, regulated payments, cryptocurrency, HSBC, Credit Suisse, FINMA, Switzerland, stable coins, single currency, multi-currency, payment tokens

India-based TCS launches crypto trading solution for banks

News | Cryptocurrencies | 09 Jul 2020

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