2019-11-11 12:40 |
Working with JPMorgan and Temasek, Singapore's central bank has developed a prototype blockchain-based cross border payments system. origin »
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The Singaporean regulator MAS and JP Morgan are working on a prototype of a blockchain-powered system for cross-border payments using multiple currencies
2019-11-11 15:44 | |
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Rohit Chopra, Commissioner of the Federal Trade Commission (FTC), has written an open letter to Federal Reserve chairman Jerome Powell to launch their real-time payments system, FedNow, at the earliest to curb megabank monopolies and private sector abuse, November 7, 2019.
2019-11-9 10:00 | |
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According to FTC Commissioner, the impending Facebook led Libra project should be reason enough for the US Federal Reserve to develop its own instantaneous payments system, CoinDesk reports. Rohit Chopra, a sitting commissioner of the US Federal Trade Commission, in a letter to the Federal Reserve’s board, expressed his support for the recently mooted FedNow […]
2019-11-9 22:22 | |
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The Federal Reserve should urgently launch its own real-time payments system ahead of Facebook and Wall Street, says FTC Commissioner
2019-11-8 12:53 | |
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FTC Commissioner Rohit Chopra cited Libra concerns in his letter supporting the Fed's potential FedNow real-time payments service.
2019-11-8 09:00 | |
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FTC Commissioner Rohit Chopra cited Libra concerns in his letter supporting the Fed's potential FedNow real-time payments service.
2019-11-8 09:00 | |
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MEW (MyEtherWallet), the popular user interface and wallet client for the Ethereum blockchain, announced today it has added Ambrpay’s decentralized recurring payments tool to the MEW DApps page. Ambrpay’s payment system supports ethereum (ETH)-based subscription payments/recurring transactions via smart contracts.
2019-11-8 20:28 | |
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Cred Merchant Solutions has been unveiled in Emeryville during San Francisco Blockchain Week in an event hosting several California elected officials. The new point-of-sale system will help unbanked business sectors, such as California’s cannabis industry, accept crypto payments from customers and pay taxes.
2019-11-3 14:50 | |
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According to Ripple, XRP is 1/10th as volatile as fiat for cross-border payments. The current SWIFT system is so slow it exacerbates international payment risk. XRP payments clear so fast that the exchange rate risk is negligible.
2019-11-1 03:30 | |
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Ripple-supported Japanese payment app Money Tap teams up with PayPay, offering payments to 10 mln users and 1 mln merchants in Japan with CAFIS system replaced by XRPL
2019-10-30 11:59 | |
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In what has been China’s week for blockchain, The People’s bank of China (PBoC), launched a new certification program to regulate digital currency payments in the country. The new laws will be set up and approved by the authority according to the official report released in a filing dated Oct. 26. The report states the […]
2019-10-30 01:31 | |
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China’s central bank will certify a list of fintech products that are widely used for digital payment and blockchain services with its verification system.
2019-10-30 22:00 | |
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It looks like the Chinese government is going full-throttle on its roadmap to roll out a yuan-pegged digital currency. There’s no official word on a launch date as of yet, but judging by the recent chain of events, it is highly likely that the Chinese Digital Currency or Electronic Payments system (DCEP), will be rolled […] The post China’s DCEP to Be World’s First National Digital Currency, Says CCIE Vice Chairman appeared first on BeInCrypto.
2019-10-29 18:45 | |
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Bitcoin has not had the best of weeks so far but its 8% slide is just a blip compared to what the US Federal Reserve has been doing recently. The central bank has ramped up its bailout or ‘repo’ scheme by injecting more money into the financial system.
2019-10-25 12:00 | |
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Ripple’s SVP of Products, Asheesh Birla, was the latest guest on a recent interview with Seeking Alpha, an interview during which he reiterated Ripple’s take on improving the global financial system.
2019-10-24 15:30 | |
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Facebook CEO Mark Zuckerberg testified before the House Financial Services Committee, supporting the Libra initiative and reasoning out previous allegations in relation to breaking the users’ trust.
2019-10-23 18:38 | |
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Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate.
2019-10-21 12:30 | |
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The National Bank of Cambodia, the country’s central bank, signed an MoU on cross-border payments and remittances with Malaysia’s largest bank
2019-10-21 01:24 | |
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The latest International Monetary Fund (IMF) conference featured leaders from technology, banks, and regulators to discuss the trajectory of the fintech ecosystem. Leading the conversation was Facebook’s David Marcus, Head of Calibra, who highlighted the current constraints of the existing financial system.
2019-10-18 21:33 | |
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Bank of England Governor Mark Carney has thrown his weight behind Facebook’s global cryptocurrency project dubbed Libra. The has opined that blockchain-based virtual currencies have the power tix the challenges associated with traditional payments systems, reports The Star on October 15, 2019.
2019-10-17 01:00 | |
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Facebook sent the world into a frenzy when it announced its intention to enter the payments space with the launch of its controversial ‘cryptocurrency‘ Libra earlier this year. Initially, Facebook said it had garnered support from 28 companies, including some of the world’s top financial and technology giants.
2019-10-15 19:46 | |
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Coinspeaker 5 Major Automakers Beginning Field Testing of Automatic Blockchain Payments SystemIt has been revealed that Initially a vehicle identification network developed within the Mobility Open Blockchain Initiative will be tested in the US.
2019-10-15 14:17 | |
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Five major automakers — Renault, BMW, General Motors, Ford and Honda — will test a blockchain car identification and payment system
2019-10-15 13:00 | |
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The payments and technology provider Alchemy recently announced the launch of the startup’s hybrid payment solution, a platform that aims to connect cryptocurrency with retailers worldwide. Alchemy’s crypto solution features integration with Qfpay, a well known third-party payment company that provides payment services for more than 1.
2019-10-11 00:28 | |
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FOIN, a cryptocurrency company and a developer of the transparent payment system FoPay, announced the strategic partnership with Cyclebit, a crypto payment solutions provider. According to the official information, starting from that day, FOIN, the decentralized peer to peer cryptocurrency for the finance sector, along with 20 other top cryptos are accepted at more than 200,000 points of sale in Europe, Asia, and Canada.
2019-10-7 12:30 | |
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Stellar Intro Stellar Lumens is a cryptocurrency platform that focuses on remittance and cross-border payments. Stellar is aiming to be an open financial system that gives people of all income levels access to low-cost financial services.
2019-10-7 00:30 | |
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Freelanex is a decentralized platform which provides an environmental system on Blockchain. It represents a unique opportunity for approaching bargains by using a decentralized System with smart contracts, through an interface user friendly.
2019-10-6 09:48 | |
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After splitting up with its UK banking partner Barclays earlier this year, Coinbase has now fully reinstated GBP transfers. But it’s not all good news, as the exchange has also upped its fees.
2019-10-4 14:46 | |
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Venezuelan President, Nicholas Maduro, has confirmed rumors that the country is launching a cryptocurrency-based payment network for domestic and international payments. An even more exciting development from here is that the country is looking to accept Bitcoin and Ethereum from a state-owned petroleum company which they will hold as a part of their monetary reserves,Read MoreRead More.
2019-10-2 01:00 | |
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With Kim Dotcom’s entry into the cryptocurrency landscape, seasoned entrepreneurs have taken notice of the initiative given his previous businesses, the most prominent being Megaupload. In this light, Bitfinex exchange conducted an AMA with the infamous technologist to clear some of the details of Dotcom’s latest initiative, K.
2019-9-26 19:30 | |
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In a blog post published on Wednesday, Libra cofounder David Marcus tried to justify Facebook's move to, saying that it is going to be an asset to the global population as most of them lack access to modern financial services.
2019-9-26 19:16 | |
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Coinspeaker ECB Exec: Libra Could Address Global Payments System ProblemsECB Board Member Benoit Coeure has warned that private stablecoins like Libra are posing big risk to the monetary sovereignty, however, they can also solve some of the burning issues.
2019-9-26 11:00 | |
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Libra has been a wake-up call for banks to consider major issues in global payment systems, an ECB board member says
2019-9-26 21:18 | |
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Switzerland’s financial regulator has indicated that Facebook’s cryptocurrency project Libra will be required to meet additional requirements besides getting a payment system license prior to starting operations.
2019-9-12 18:01 | |
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Facebook’s cryptocurrency project Libra is now seeking a Swiss payment license, said financial watchdog FINMA on Wednesday. Social media giant Facebook (FB) first announced its plan to launch a cryptocurrency in June, as an attempt to move into global payments that has drawn intense scrutiny from global financial authorities. The stablecoin Libra, which is planned […]
2019-9-11 17:55 | |
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Despite escalating regulatory concerns from the governments of the world, Facebook appears to be pressing on with its global bank ambitions. This week the social media giant made moves to seek a payments license for Libra from Switzerland while the US Treasury warned that it would face tough standards.
2019-9-11 11:31 | |
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The organization tasked with governing Facebook’s planned stablecoin network has revealed it is applying for a payment system license with Switzerland’s financial watchdog
2019-9-11 09:47 | |
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The organization tasked with governing Facebook’s planned stablecoin network has revealed it is applying for a payment system license with Switzerland’s financial watchdog
2019-9-12 09:47 | |
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Special thanks to the Plasma Group team for review and feedback Current approaches to layer 2 scaling - basically, Plasma and state channels - are increasingly moving from theory to practice, but at the same time it is becoming easier to see the inherent challenges in treating these techniques as a fully fledged scaling solution for Ethereum.
2019-9-2 04:03 | |
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Farmarket, the Venezuelan pharmacy chain has just released a statement indicating that it will now start accepting cryptocurrency payments. This comes in the wake of the chain announcing that it had entered into a partnership agreement with the Panda Exchange proprietary money remission system.
2019-8-28 20:26 | |
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The Farmarket pharmacy chain in Venezuela will begin accepting payments in dash using a new point-of-sale system pilot project.
2019-8-28 00:00 | |
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Just a week after the bitcoin genesis block in January 2009, computer scientist Hal Finney published a price prediction model of $10,000,000 per coin based on it becoming the world’s dominant payments system.
2019-8-25 16:00 | |
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The largest wallet provider, Blockchain, partnered with the largest bitcoin payment processor, BitPay.
2019-8-24 01:00 | |
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The largest wallet provider, Blockchain, partnered with the largest bitcoin payment processor, BitPay.
2019-8-27 01:00 | |
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Coinspeaker Apple Card Launch Will Boost Apple Pay, Likely to Pose Strong Competition to PayPalExperts from the payments industry believe that Apple Card launch can boost the company's Apple Pay digital wallet system which can give tough competition to giants like Venmo, PayPal, and Square Cash.
2019-8-23 17:57 | |
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Travelport, a travel industry tech company, is teaming up with IBM and travel management company BCD Travel to streamline the hotel commission process with blockchain technology. Using a distributed ledger system, the partners aim to manage hotel bookings and commissions in a more efficient and unified process.
2019-8-20 16:01 | |
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Zcoin, privacy crypto, can now be used by several merchants in Thailand. With the help of the new QR code system created by the Satang App, these merchants can start receiving the assets. The announcement was made this week and it will see 50 million the users of the Satang App now connected with these […]
2019-8-17 19:42 | |
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Coinspeaker Mark Cuban’s Mavericks Accepting Bitcoin as the Form of PaymentEven though he didn’t offer any specifics, Cuban suggested that the Dallas Mavericks’ crypto payments system could, when launched, offer support for not only for BTC and ETH but other coins as well.
2019-8-14 12:54 | |
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Monarch, the decentralized wallet and suite of crypto services, has launched the first decentralized recurring payments system Until now, there’s been no way to automatically pay merchants in crypto on a recurring basis due to the limits of blockchain-based transactions.
2019-8-13 12:30 | |
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Хешрейт сети Биткоина за последние несколько месяцев снизился на 12%, до 970 EH/s. Эксперты платформы CryptoQuant перечислили главные повлиявшие на работу майнеров причины.
В новом году интеграция с глобальными платежными системами и одобрение спотовых ETF на XRP могут подтолкнуть цену альткоина вверх, предположил аналитик ончейн-платформы Nansen Джейк Кеннис (Jake Kennis).
Из-за падения цены биткоина у компаний, создавших большие запасы первой криптовалюты, некогда прибыльные бизнес-модели постепенно разрушаются. У подобных компаний есть три сценария развития, заявили аналитики компании Galaxy Research.
На фоне падения прибыльности добычи биткоинов майнинговым компаниям выгодно делать ставку на новую бизнес-модель. Речь о предоставлении мощностей ферм под нужды искусственного интеллекта и работу с высокопроизводительными вычислениями, объяснили эксперты TheMinerMag.
JPMorgan sets Bitcoin’s support price near $94K, citing rising mining costs. Analysts project Bitcoin could climb to $170K based on gold market parity. Bitcoin’s downside seen as limited after network difficulty raises production cost.