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Ghana Confirms Its Interest in Piloting Central Bank Digital Currency

Ghana Confirms Its Interest in Piloting Central Bank Digital Currency

Ghana has confirmed that it is on the hunt for a Central Bank Digital Currency (CBDC). The Bank of Ghana’s deputy governor, Dr. Maxwell Opoku-Afari, recently revealed that the country’s central bank remains committed to piloting a national digital currency. He made such remarks during a virtual stakeholder workshop on payment systems and services as reported by GhanaWeb local news outlet.

Canada’s Central Bank Digital Currency Won't Include Zero-Knowledge-Proofs

Canada’s Central Bank Digital Currency Won't Include Zero-Knowledge-Proofs

Bank of Canada researchers do not feel that the current state of zero-knowledge-proofs is mature enough to be integrated into their development plans for a Central Bank Digital Currency (CBDC).

Shopify Adds Another Option for Merchants to Accept Payments in Over 1,000 Cryptocurrencies

Shopify Adds Another Option for Merchants to Accept Payments in Over 1,000 Cryptocurrencies

Shopify adds more than 1,000 cryptocurrencies for its merchants to accept as payment through a new partnership with CoinPayments.

Samsung Collaborates with Israel’s Credorax On Automated Blockchain Platform For Merchants

Samsung Collaborates with Israel’s Credorax On Automated Blockchain Platform For Merchants

Samsung SDS has signed an agreement with Israel’s fintech startup Credorax to build payment solutions to serve European merchants and banks.

United States CFTC Issues Advisory on Digital Currencies for Futures Commission Merchants

United States CFTC Issues Advisory on Digital Currencies for Futures Commission Merchants

The Commodity Futures Trading Commission (CFTC) has released an advisory to futures commission merchants clarifying how to hold digital currencies in segregated accounts.

MasterCard Asia Files Device Billing System Patent Compatible With Iota’s Tangle Network

MasterCard Asia Files Device Billing System Patent Compatible With Iota’s Tangle Network

MasterCard patents blockchain system to help shared device merchants avoid credit card fees.

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.

Visa Blockchain Payments Will Help Promote Bank CBDC Integration

Visa Blockchain Payments Will Help Promote Bank CBDC Integration

Visa is enhancing its blockchain payment drives among its merchants through research while forming partnerships with central banks for CBDC issuance

Payment Giant Visa Sets to Modify PoS Charges to New Business Categories

Payment Giant Visa Sets to Modify PoS Charges to New Business Categories

United States-based merchants are set to see an adjustment in fees to be paid as part of huge updates of payment giant Visa point-of-sale (PoS) system.

Crypto Fest 2.0 Rumble in the Crypto Jungle

Crypto Fest 2.0 Rumble in the Crypto Jungle

Crypto is heating up once again! DeFi has exploded onto the scene, scalability of Ethereum is in question and gas fees are out of control, interest in central bank digital currencies (CBDCs) is hot, regulators are scrutinising closely and expectations that bitcoin is going to moon soon, is causing a rumble in the crypto jungle!

Bitcoin Continues to See Gains After President Xi’s Announcement

Bitcoin Continues to See Gains After President Xi’s Announcement

China Merchants Bank (CMB) has recently announced an investment in crypto wallet BitPie. BitPie is one of the longest-running crypto wallets in China.

Bitpay Now Supports Binance's Stablecoin For Global Payments

Bitpay Now Supports Binance's Stablecoin For Global Payments

Binance and Bitpay have partnered to enable consumers and merchants to access Binance stablecoin.

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