2022-10-10 11:00 |
The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stability Board report. origin »
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Stablecoins continue to break into the mainstream due to their use in settling cross-border payments. They reached a new milestone in adjusted transaction volume in August. The post Stablecoin Adjusted On-Chain Volume Reaches New Highs, Are They Threatening Financial Stability? appeared first on BeInCrypto.
2022-9-19 13:06 | |
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Deputy Finance Minister Alexey Moiseyev has confirmed that Russia is working with crypto-friendly countries to facilitate cross-border payments using stablecoins as sanctions from U. S and United Kingdom mount, local news TASS reported on September 6.
2022-9-7 22:23 | |
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The fifth most populous province of Argentina will now accept cryptocurrencies, especially stablecoins, for tax payments, according to the Mendoza Tax Administration (ATM). The post Argentine Province of Mendoza to Accept Stablecoins for Tax Payments appeared first on BeInCrypto.
2022-8-30 14:00 | |
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With Taro, payments are routed through Lightning, weakening stablecoins and opening up opportunities for community banks to connect users to a global audience.
2022-8-23 06:00 | |
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A senior central banker reckons state backed digital currencies are a better bet to make cross-border transactions quicker and cheaper – or just stitching together existing networks
2022-8-2 15:41 | |
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The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) of the Bank for International Settlements (BIS) published guidance on stablecoin regulation this past July 13.
2022-7-15 00:00 | |
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The guidelines from the international organization of securities regulators and BIS’ global payments group set out arrangements for systemically important stablecoins.
2022-7-13 13:14 | |
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China’s Chaoyang Court has barred employers from utilizing stablecoins such as USDT to pay salaries.
2022-7-7 21:44 | |
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European lawmakers will hold final discussion of bill on regulation of cryptocurrencies on June 30
2022-6-27 18:25 | |
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Online payments giant Checkout.com has become the latest financial services firm to accept crypto. The post Checkout.com to Accept Stablecoins as Regulators Look to Impose Tighter Rules appeared first on BeInCrypto.
2022-6-8 12:30 | |
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In April, the UK had revealed plans to become a crypto hub and legalize stablecoin payments. Following last week’s events, many had thought that Her Majesty’s Treasury would put these plans on hold, but it appears the regulators are moving ahead with their plans.
2022-5-22 00:06 | |
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A roundtable discussion about the future of payments, balance sheets and global financial markets.
2022-4-29 16:27 | |
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Can cryptocurrencies, stablecoins, and CBDCs coexist as methods of payment? Industry leaders shine light on the future of crypto payments. This piece is part of CoinDesk's Payments Week.
2022-4-29 18:41 | |
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Can crypto fulfill its original promise? From Bitcoin’s Lightning Network to stablecoins to gaming and rewards, innovations give hope for the payments use case.
2022-4-25 17:33 | |
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European industry is joining forces as it seeks to limit the impact of new proposals to cut the privacy of online payments and regulate stablecoins.
2022-4-20 20:06 | |
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Crypto is rapidly gaining in appeal among younger demographics, with 40% of 18 to 35-year-old consumers expressing an intent to use cryptocurrencies — such as bitcoin (BTC), ether (ETH), and stablecoins — to pay for goods or services within the next 12 months, according to a new research report.
2022-4-7 14:15 | |
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Among initial steps will be legislation to recognize stablecoins as legitimate vehicles for payments.
2022-4-5 19:55 | |
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“If crypto technologies are going to be a big part of the future, then we, the U.K., want to be in — and in on the ground floor,” said Economic Secretary of the Treasury John Glen.
2022-4-4 19:41 | |
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The UK announced plans to mint an NFT and said it want to bring stablecoins into the country’s payments framework to enable issuers and service providers to flourish in the country. The post UK begins campaign to become crypto “world leader” with an NFT appeared first on CryptoSlate.
2022-4-5 19:20 | |
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The team at Cowen recently held fireside chats with executives from PayPal and Visa, among others.
2022-3-30 18:37 | |
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Altcoins and stablecoins have downsized Bitcoin’s dominance as a means for paying for goods and services online by 27%. This is according to a new report released by Bloomberg, citing data from BitPay.
2022-1-19 20:32 | |
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A new proof-of-concept will be tested to send fiat-backed stablecoins between banks to reduce fees and transaction times on international payments.
2021-11-30 06:38 | |
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Andrew Bailey, the Governor of Bank of England, yet again shared his criticism of stablecoins as he said that he did not believe that stablecoins are likely to evolve into safe, regulated money, which means central bank digital currencies (CBDCs) will more likely be the future for electronic payments.
2021-11-25 17:57 | |
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PWG also called for “urgent” Congressional action to regulate stablecoins to address the prudential risks posed by stablecoins. But nothing big is happening “any time soon.” The post Stablecoins Support “Faster and More Inclusive” Payments Options, says the Biden Administration’s Report first appeared on BitcoinExchangeGuide.
2021-11-2 16:39 | |
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The call came right after Facebook launched its digital wallet Novi through which it will “offer free person-to-person payments” that will ultimately use stablecoins Diem, pending regulatory approval.
2021-10-20 15:57 | |
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The Bank for International Settlements (BIS) and the IOSCO group of securities regulators published proposals on Wednesday on how the current rules for clearinghouses and payments services should also be applied to “systemically important” stablecoins.
2021-10-6 22:04 | |
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As cryptocurrencies are becoming more and more commonplace in the financial world, the demand for stablecoins has also risen significantly. And that is proved true as data shows the total supply of stThe post U.
2021-10-4 19:00 | |
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COTI Network (COTI), a decentralized payments platform, partners with Ardana to bring new liquidity options to Cardano (ADA)
2021-9-24 15:06 | |
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Глава платежного подразделения Facebook Дэвид Маркус раскритиковал существующую финансовую инфраструктуру США и заявил, что цифровой кошелек Novi готов к запуску. A lot has been said about stablecoins, payments, and Facebook and Novi's potential role to improve what I see as an unacceptable status quo of our payment systems that still leave too many people behind.
2021-8-19 10:43 | |
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While stablecoins could serve as an attractive payment instrument that could become a major challenger to banks for processing payments, Christopher J. Waller believes, “there are many legal, regulatory, and policy issues that need to be resolved before they can safely proliferate.
2021-8-7 16:09 | |
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Voyager acquired Coinify, but their focus on stablecoins might leave their customers behind while Bitcoin walks toward full monetization.
2021-8-3 21:05 | |
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Federal Reserve Chairman Jerome Powell on Wednesday came out strongly supporting a digital dollar, saying it could undercut the need for cryptocurrencies and stablecoins. When asked during the congressional hearing if having a digital currency issued by the central bank would be a more viable alternative than cryptos in the payments system, Powell agreed and […] The post You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin first appeared on BitcoinExchangeGuide.
2021-7-15 16:35 | |
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Denmark, 14th July, 2021. e-Money is thrilled to announce that they are integrating with the Polygon Network in Q3, 2021. Recently, acceptance of cryptocurrency payments and blockchain technology has been exponentially increasing throughout online platforms, as well as physical assets, solidifying the need for more stablecoins in other currencies.
2021-7-15 12:00 | |
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While Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial systems.
2021-7-8 10:52 | |
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London-based hedge fund Marshall Wave is the latest giant to enter the cryptocurrency industry reported FT citing people familiar with the plans. The investment firm, which manages $55 billion in assets, will target investments in areas including blockchain technology, payments systems for digital currencies, and stablecoins, with the latter being a specific focal point of […] The post Hedge Fund Giant, Marshall Wace, Is Now Betting on Crypto with A Special Focus on Stablecoins first appeared on BitcoinExchangeGuide.
2021-7-6 20:46 | |
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As Signature Bank expands its commercial banking offerings, the trueusd stablecoin has been integrated with its Signet blockchain-based digital payment platform to deliver instant dollar payments. Signet Integration to Deliver 24/7 Dollar Payment and Settlement As more enterprises flirt with the idea of blockchain-based products and services, stablecoins are one of the areas of fascination […]
2021-6-22 12:30 | |
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Former PayPal employees launch a decentralized cross-border payment system on Algorand. The system aims to provide faster and cheaper transactions by “fueling them with regulated stablecoins to represent fiat on-chain,” Borderless Capital CEO David Garcia said.
2021-6-16 15:25 | |
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“Money is entering a format war”, wrote Citigroup, in their latest Future of Money report, and this is creating both challenges and opportunity for companies in the payments sphere. The evolution of cryptocurrencies, digital wallets, challenger banks, stablecoins, CBDCs, DeFi protocols and other blockchain-focused payment platforms has opened the doors for forward-thinking companies – old […] The post World’s First DeFi Banking App, Scallop, Innovates Crypto Payments Solutions appeared first on NullTX.
2021-6-11 18:10 | |
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Talking about stablecoins' potential to enhance the payments system, Chairman Jerome Powell said they also “carry potential risks” to its users and the broader financial system. The post Federal Reserve Is Moving Forward with its Digital Dollar Plan; Starting with Publishing a Paper on CBDC first appeared on BitcoinExchangeGuide.
2021-5-21 16:00 | |
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e-Money is a fast, frictionless form of digital cash that can be used for payments, remittances, and as a safe store of value cryptocurrency, especially during periods when crypto market volatility is high.
2021-4-27 11:05 | |
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CryptoNinjas » Gilded adds bulk pay feature to facilitate ETH and stablecoin payments for up to 500 users Gilded, a B2B payments and accounting platform for cryptocurrency, today announced the availability of Mass Pay, a full-service solution that allows businesses to pay up to 500 employees at once in ethereum-based tokens including stablecoins.
2021-4-21 00:13 | |
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Kotani Pay, a Kenya based digital currency on and off-ramp service provider, has entered into an agreement wherein it will enable the transfer of universal basic income (UBI) payments to African refugees.
2021-4-17 15:30 | |
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Zac Prince, BlockFi’s CEO, said his company paid out 450 BTC, 5,000 ETH and $6 million in stablecoins last month.
2021-3-2 18:34 | |
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Because stablecoins derive their value from official currencies, central bankers are especially wary of them. They fear this relationship could affect control over payments, banking, and the money supply.
2021-2-24 20:41 | |
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Mastercard has announced that it plans to start supporting some cryptocurrencies, as well as stablecoins directly on its network this year. The global payments giant says the move is in a bid to create more possibilities for its users especially as the digital currency trend begins to gain traction across the world, according to aRead More
2021-2-11 14:05 | |
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Describing Bitcoin as “digital gold,” Alfred Kelly said they “predominantly held as assets” but sees stablecoins and CBDCs as “emerging payments innovation” that can be used for global commerce. The post Crypto’s Are Becoming Mediums of Exchange as Visa CEO Plans to Add Them to the Network first appeared on BitcoinExchangeGuide.
2021-2-2 18:30 | |
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The payments giant is bullish on stablecoins, but may be overlooking the potential of DeFi
2021-1-31 22:06 | |
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Retail users may have to wait in much of the world, however.
2021-1-23 22:23 | |
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The Office of the Comptroller of the Currency (OCC) recently approved the use of stablecoins for banks to process financial transactions. However, issues arose from the new OCC guidelines on what this could mean for the entire crypto community and stablecoins, even in the future.
2021-1-7 21:00 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.