Search Results for "digital payment"
ECB Advances Digital Euro Project into Preparation Phase
The ECB's progression into the preparation phase of the digital euro project marks a pivotal step towards modernizing Europe's financial infrastructure. The digital euro, envisioned as a secure, accessible, and private means of digital payment, holds the promise of fortifying the European monetary system in the digital age.
Reserve Bank of Australia May Still Have Its Eye on CBDC After All
Reserve Bank of Australia's Tony Richards has said that the RBA will continue to consider the potentials of issuing a CBDC.
PayPal Confirms Its Plan to Develop Cryptocurrency Capabilities in its Letter to the European Commission
In a letter to the European Commission in March 2020, payment giant PayPal has now confirmed that has it is actively working to bring cryptocurrencies capabilities on its platform. In the detailed letter, PayPal said that it has taken tangible and unilateral steps to further develop its capabilities in the cryptocurrency space.
US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC
The US Federal Reserve has continued to research the benefits and impact of implementing a central bank digital currency (CBDC).
European Central Bank Assesses Potential Digital Euro CBDC Issuance
The European Central Bank (ECB) evaluated whether a digital euro would be a beneficial addition to its financial system through an October report.
Stablecoins Will See Bigger Adoption than CBDCs, says Circle Founder
Central bank digital currency (CBDC) across global economies appear to be inevitable, as central banks have been issuing their own pilot tests of CBDC.
Cryptocurrency wallet Lumi launches new payment method Apple Pay
Multi-currency crypto wallet Lumi, which enables the purchase, exchange & storing of digital assets, has added Apple Pay as an available payment method.
US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress
In a congressional hearing which was held on January 30, US Representative Tom Emmer has expressed his concern about the excessive criticism of innovations in digital payment, saying that it may repress its progress.
Dubai-Based Property Developer Introduces Bitcoin Payment for Home Buyers
Ellington Properties, a Dubai-based developer, has chosen Bitcoin Suisse (BTCS) as its ideal crypto brokerage provider to facilitate Bitcoin payment for its international customers.
Thailand's Mystic Valley Music Festival To Receive Payment Via its Minted MYST Tokens
Thailand's Mystic Valley music festival will be accepting payment for tickets from attendees through its own native MYST tokens.
Greyp Teams Up with Blockchain Entities for Automated Payment System
Greyp, a Croatian mobility tech startup and electric bike manufacturer, has partnered with two blockchain firms, the Energy Web Foundation (EWF) and slock.it, to establish an automated payment structure for IoT vehicles.
Litecoin Trading Volume Spikes 55% After Pornhub Adds LTC As New Payment Method
The transaction volume of Litecoin spiked by 55% two days after Pornhub added LTC as a new mode of payment.