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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
fintech, partnership, mobile money, digital assets, B2B payments, cryptocurrency, digital payments, stablecoin, retail, API, remittances, CBDC, cash flow, DeFi
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
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
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
stablecoin, product launch, cryptocurrency, cryptocurrency exchange, Bitcoin, Ethereum
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
banks, stablecoin, regulation, Bitcoin, Ethereum