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The US Treasury Department has met with several industry participants to quiz them about the risks and benefits posed by stablecoins.
regulation, treasury, stablecoin, cryptocurrency, central bank
CompoSecure, a provider of financial payment cards and crypto storage and security solutions, has announced that it will manufacture a new crypto rewards credit card for Gemini.
partnership, credit card, cryptocurrency, stablecoin
funding, cryptocurrency, blockchain, stablecoin
partnership, blockchain, DeFi, stablecoin
More than a buzzword, Decentralised Finance (DeFi) provides a broad range of benefits in financial services for users. But what is DeFi? Igor Mikhalev, BCG Platinion, and Igor Struchkov, Firmshift explain
DeFi, payment processing, financial services, banks, blockchain, smart contracts, digital assets, stablecoin, SME lending, insurance
CBDC, EPI, digital payments, cryptocurrency, DeFi, regulation, instant payments, risk management, banks, digitalisation, data, payments infrastructure, bigtech, central bank, stablecoin
European Central Bank (ECB) board member Fabio Panetta has stated believing that a digital euro would offer better data protection than privately issued stablecoins.
digital euro, cybersecurity, stablecoin, data protection
Although it is still early days, CBDCs might trigger greater foreign exchange controls, as study shows.
CBDC, cross-border payments, survey, stablecoin, central bank
US-based Shells, a virtual cloud desktop startup, has announced the company is accepting cryptocurrency payments using BitPay.
cryptocurrency, payment methods, stablecoin, Bitcoin
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
Ran Goldi founder of First Digital delves into one of the hottest topics – Diem, stablecoins, CBDCs
Diem, PSP, merchant, stablecoin, CBDC, cryptocurrency, cross-border ecommerce, digital assets, banks
The recently announced Diem USD stablecoin is intended as an interim step until the US Federal Reserve issues a central bank digital currency (CBDC) or digital dollar.
Diem, Diem Association, stablecoin, digital dollar, e-wallet, data privacy
US Federal Reserve Chair Jerome Powell has announced in a prepared speech to camera it would consult the public about a potential central bank digital currency (CBDC) in the summer.
CBDC, stablecoin, digital dollar, Diem
Token, blockchain, transactions , Ethereum, stablecoin, Bitcoin
Digital currency group Diem Association, formally known as Facebook’s Libra project, has announced plans to launch a US dollar stablecoin.
Diem Association, stablecoin, payment processing, blockchain, cross-border payments
product launch, fintech, financial institutions, cryptocurrency, blockchain, stablecoin, digital currency
stablecoin, Bitcoin, merchants, cryptocurrency, Token, Ethereum
Paxos, a regulated blockchain infrastructure platform, has closed a USD 300 million Series D round of funding to boost its financial market infrastructure platform’s growth.
Paxos, funding, blockchain, digital assets, online payments, stablecoin
product launch, cryptocurrency, B2B payments, Ethereum, stablecoin, blockchain, transactions , banks
Open Banking, CBDC, stablecoin, cryptocurrency, digital payments, pandemic, Bitcoin, blockchain, central bank, banks