Articles with tag like: stablecoin

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Cross-border CBDCs could trigger forex controls

News | Cryptocurrencies | 14 Jun 2021

Although it is still early days, CBDCs might trigger greater foreign exchange controls, as study shows.

CBDC, cross-border payments, survey, stablecoin, central bank

Shells adds crypto payment option with BitPay

News | Cryptocurrencies | 10 Jun 2021

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 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

Interview with Ran Goldi from First Digital on Diem, stablecoins, CBDCs

Interviews | Cryptocurrencies | 28 May 2021

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

Diem aims to replace USD stablecoin with gov digital dollar

News | Cryptocurrencies | 27 May 2021

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 consults the public on stablecoins, CBDCs

News | Cryptocurrencies | 24 May 2021

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

Tether launches on Avalanche

News | Cryptocurrencies | 18 May 2021

Tether, a company operating the blockchain-enabled platform, has announced launching Tether tokens (USDt) on Avalanche, an open-source platform.

Token, blockchain, transactions , Ethereum, stablecoin, Bitcoin

Facebook-backed crypto project Diem moves to US, abandoning Swiss licence plans

News | Cryptocurrencies | 13 May 2021

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

Zumo launches its B2B proposition, ZumoKit

News | Cryptocurrencies | 11 May 2021

Zumo, a crypto wallet and payment platform, has launched its B2B proposition, ZumoKit, its crypto-as-a-service platform.

product launch, fintech, financial institutions, cryptocurrency, blockchain, stablecoin, digital currency

BitPay adds Dai and WBTC as payment options for businesses

News | Cryptocurrencies | 07 May 2021

BitPay, a provider of Bitcoin and cryptocurrency payment services, has announced it is adding Dai and WBTC for businesses to accept as a payment option.

stablecoin, Bitcoin, merchants, cryptocurrency, Token, Ethereum

Paxos gets USD 300 mln to boost its financial market infrastructure platform

News | Cryptocurrencies | 29 Apr 2021

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

Gilded launches Mass Pay to enable businesses pay employees in crypto

News | Cryptocurrencies | 23 Apr 2021

Gilded, a B2B payments and accounting platform for cryptocurrency, has announced the availability of Mass Pay, a solution that allows businesses to pay up to 500 employees at once in Ethereum-based tokens.

product launch, cryptocurrency, B2B payments, Ethereum, stablecoin, blockchain, transactions , banks

Interview on CBDCs with James Pomeroy, Global Economist, HSBC

Interviews | Cryptocurrencies | 23 Apr 2021

Ahead of Open Banking Expos virtual event on CBDCs, The Paypers has sat with James Pomeroy, Global Economist at HSBC to delve into the latest CBDC projects and highlight the benefits, risks, unknowns these projects entail

Open Banking, CBDC, stablecoin, cryptocurrency, digital payments, pandemic, Bitcoin, blockchain, central bank, banks

SECDEX collaborates with KOINON to asset conversion between mobile money and digital assets

News | Cryptocurrencies | 14 Apr 2021

The Seychelles-based Securities, Commodities and Derivatives Exchange (SECDEX) and KOINON, have partnered to foster the intersection of African B2C and B2B payments and asset conversion between fiat currencies, cryptocurrencies, and a range of digital assets. 

fintech, partnership, mobile money, digital assets, B2B payments, cryptocurrency, digital payments, stablecoin, retail, API, remittances, CBDC, cash flow, DeFi

Paxos applies for clearinghouse license from SEC

News | Cryptocurrencies | 08 Apr 2021

US-based stablecoin operator Paxos has announced applying for a formal license as a clearinghouse with the US Securities and Exchange Commission (SEC).

cryptocurrency, stablecoin, trading platform, banking licence

Britain to focus on regulating stablecoins

News | Cryptocurrencies | 05 Apr 2021

The financial services minister of Britain has announced that Britain will focus first on regulating stablecoins rather than the broader cryptocurrency market.

cryptocurrency, stablecoin, financial services, regulation, distributed ledger technology, Bitcoin, e-money

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

EQUOS expands its stablecoin offering by listing Tether

News | Cryptocurrencies | 02 Apr 2021

EQUOS, Diginex’s institutional-grade cryptocurrency exchange, has expanded its stablecoin offering by listing Tether (USDT). 

stablecoin, product launch, cryptocurrency, cryptocurrency exchange, Bitcoin, Ethereum

Visa to allow payment settlements using USD Coin crypto, Reuters

News | Cryptocurrencies | 29 Mar 2021

Visa has announced it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, according to Reuters.

Ethereum, blockchain, Bitcoin, stablecoin, digital assets, partnership, Visa

The Bank of Thailand to introduce stablecoin regulation

News | Cryptocurrencies | 22 Mar 2021

An assistant governor of Thailand has announced that The Bank of Thailand (BOT) will regulate foreign currency-backed stablecoins, asset-backed stablecoins, and algorithmic stablecoins that are not illegal. 

banks, stablecoin, regulation, Bitcoin, Ethereum