November 23, 2020 US Fed researcher says CBDCs should beat Big Tech payments on privacy protection The paper also put forward CBDCs as solutions to high transaction fees and the energy use of mining cryptocurrencies like Bitcoin.…
November 23, 2020 Russia’s Gazprombank debuts Bitcoin trading in Switzerland The Switzerland-based branch of a major Russian bank has also joined OpenVASP. Gazprombank Switzerland, a subsidiary of one of the largest banks in Russia, has piloted its Bitcoin (BTC) transaction service following regulatory approval by Swiss regulators.According…
November 19, 2020 Thai music festival to use its own token for a cashless event A major music festival in Thailand is adopting blockchain for safer, smoother payments. Despite the ongoing COVID-19 pandemic, some global events have chosen to move forward as planned.…
November 19, 2020 Dress to impress: Crypto payments set for mainstream via compliance Regulatory compliance is crucial for firms hoping to drive mainstream crypto adoption no matter which part of the world they operate in.…
November 18, 2020 Deloitte includes BitPay on top 500 tech companies list BitPay beat Pinterest by several ranks on Deloitte's prestigious list. As cryptocurrencies continue gaining mainstream attention, some of the industry’s native companies have also joined the spotlight.…
November 16, 2020 Bitcoin chose decentralization and immutability over payments, says Fidelity Fidelity Digital Assets has published its response to commonplace criticisms of Bitcoin. "Bitcoin has failed as means of payment" is one of the prevalent criticisms of Bitcoin (BTC) that Fidelity Digital Assets is seeking to rebut.…
November 13, 2020 BIS head says physical cash still important, even if CBDCs take over BIS Innovation Hub head Benoît Cœuré stressed the importance of maintaining multiple payment options beyond just CBDCs.…
November 12, 2020 PayPal announces US crypto services PayPal announces today that it will allow US users to access its crypto services.The decision came from the fact there was a high demand for crypto services in the US.The…
November 12, 2020 PayPal’s crypto trading and payments go live in the US Customers will be able to trade up to $20,000 a week, rather than the originally announced $10,000.…
November 12, 2020 Deutsche Bank: central bank digital currency will replace cash in long term Deutsche Bank has called on Europe to accelerate the development of central bank digital currencies. Deutsche Bank, the largest banking institution in Germany, is confident that central bank digital currencies, or CBDCs, will replace cash in the future.The…
November 12, 2020 Coinbase enables Bitcoin payment for US passport service A picture expeditor, Peninsula Visa partners with Coinbase Commerce to enable payment with Bitcoin. The company becomes the first to enable such a payment service for US passports. …
November 5, 2020 Justice Department files antitrust lawsuit against Visa’s acquisition of Plaid Monopolizing a market is legal in some instances, but not others. The United States Department of Justice is filing suit against Visa for its acquisition of Plaid, which the DoJ is arguing is an illegal play to achieve monopoly. …
