Bank of Canada says no to retail CBDC in reshuffling of priorities
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.
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Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.
India has taken a cautious approach to introducing a CBDC, while local authorities have also refused to regulate crypto transactions.
The PBOC and HKMA have signed a Memorandum of Understanding to link payment systems between Mainland China and Hong Kong. (Read More)
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With the extreme growth of cryptocurrencies in the crypto market, from top commercial businesses to street-end markets are now accepting crypto as their payment. To make it happen, they need to have a payment gateway that accepts crypto which is called a Crypto payment gateway. Out of many kinds of crypto payment gateways, the multi-crypto […]
As the number of crypto users increases, the crypto space is moving towards an optimistic future. This transformation made many businesses, owners and banks to accept cryptocurrencies as a payment option. The key priority for all businesses is that they should serve faster, secure, and transparent payment transactions. This made cryptocurrency payment gateway providers come […]
BSP is in talks with Google Wallet and Apple Pay about entering the Philippine payments system, potentially offering more payment options to users.
TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions.
Payments firm Stripe is expanding its crypto products to layer-1 blockchain Aptos (APT) and stablecoin issuer Circle plans to bring its flagship stablecoin, USDC, to the network, ecosystem development organization Aptos Foundation told CoinDesk on Thursday. Until now, USDC has been available on the network only in a bridged version. The stablecoin company will also
The post Payments Giant Stripe Brings Crypto Services to Aptos as Circle’s USDC Stablecoin Launch on the Network appeared first on BTC Ethereum Crypto Currency Blog.
The Bank for International Settlements (BIS) has released a survey revealing that 93% of central banks are now engaged in some form of Central Bank Digital Currency (CBDC) work, with retail CBDCs taking the lead over wholesale CBDCs. (Read More)
On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital [...]
The post Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard appeared first on Crypto Breaking News.
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