national payment platform
Top Four South Korean Banks Announce Plans to Provide Cryptocurrency Custodial Services
Two of South Korea’s top banks have recently announced that they were looking into providing cryptocurrency custodial services to their clients.
First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance
The blockchain national currency platform issued by blockchain company Apollo Fintech was finalized and completed on August 12.
The National Bank of Cambodia Looking to Launch New Centralized CBDC This Quarter
The National Bank of Cambodia digital currency, which is a central bank digital currency, called Bakong, was launched on a trial basis in Cambodia in July 2019.
India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?
India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not it is not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes.
Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight
The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.
Vietnam Launches a National Enterprise Blockchain Platform as it Eyes a Global Top 50 Slot
The Ministry of Information and Communications in Vietnam is building an enterprise blockchain platform dubbed akaChain in line with its national program.
Sierra Leone Revamps National ID Infrastructure with Blockchain
According to Sierra Leone’s President, Julius Maada Bio, the nation intends to use blockchain technology in restructuring the national ID system.
Binance Enables Support for Naira, But is Cryptocurrency Legal in Yet in Nigeria?
Binance, one of the top cryptocurrency exchange has opened support for the Nigerian National currency (Naira) on its trading platform.
Malaysia’s Largest Bank Signs Blockchain Partnership for Remittance
The largest bank in Malaysia Maybank partnered with the National Bank of Cambodia to sign MoU for cross-border remittance using NBC’s blockchain-based Bakong payment system.
Cardano Partners With COTI To Enable Merchant Transactions via ADA Payment Gateway
Cardano, an independent body, based in Zug, Switzerland just partnered with COTI, an enterprise-grade fintech platform, to create an ADA payment solution for merchants.
Ripple CEO Opens Swell Conference, Discussing Current Global Payment Landscape
Ripple CEO Brad Garlinghouse just opened Ripple Swell 2020, which focuses on the current global payment landscape.
Director of National Intelligence Warns US SEC of China’s Cryptocurrency Dominance
National Intelligence Director John Ratcliffe has warned the US Securities and Exchange Commission that China’s cryptocurrency dominance could put the US at a disadvantage.
Mastercard Launches Virtual Platform to Help Governments Test CBDCs
Payment giant Mastercard has unveiled a virtual platform that will enable central banks to assess and explore Central Bank Digital Currencies (CBDCs).