Cryptocurrency

Showing Latest Cryptocurrency

Bitcoin free wheeling days on the road direct it to further regulatory scrutiny

14 Jan 21 @ 09:35

After a sensation 2020 and a manic January 2021, regulators have finally had enough and are sharpening their focus on bitcoin and its use in the international financial system. It... read more

US Banks may use stablecoins for payment activities

05 Jan 21 @ 16:59

The Office of the Comptroller of the Currency (OCC) has published a letter clarifying national banks’ and federal savings associations’ authority to participate in independent node verification networks (INVN) and... read more

Bitcoin hits all time high – then retreats back

04 Jan 21 @ 16:12

Bitcoin surged through the $34,000 mark for the first time, extending a record-breaking rally in the volatile cryptocurrency that delivered a more than 300% gain last year. With trading in... read more

JD.com first to accept China’s CBDC digital yuan

14 Dec 20 @ 12:30

A little more than a year ago Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s Bank of China (PBOC,) stated that the digital yuan CBDC... read more

Project Helvetia – BIS and Swiss National Bank say CBDC experiment successful

10 Dec 20 @ 17:11

The Bank for International Settlements’ Innovation Hub (BISIH) Swiss Centre, the Swiss National Bank (SNB) and the financial infrastructure operator SIX say the completion of a joint proof-of-concept experiment that... read more

Libra launch date leaked – stripped back version to launch Q1 2021

27 Nov 20 @ 14:57

Libra, Facebooks digital currency, is rumoured to be prepping for launch in early Q1 2021, but in a limited capacity to its already its already downgraded vision. The Libra Association... read more

Europe pushing to be first with digital euro – but risks are real

23 Nov 20 @ 15:53

Christine Lagarde, the head of the European Central Bank, appears serious about a digital euro. Barely a month after the central bank issued a major report on the topic, and opened a public... read more

JPMorgan Chase goes live with its digital currency JPM Coin

30 Oct 20 @ 16:29

On the heels of PayPal announcing it will enter the crypto sector, JPMorgan Chase announced that its digital currency offering, JPM Coin, is finally ready for deployment. The token .... read more

PayPal takes cryptocurrency mainstream with access to its network

22 Oct 20 @ 11:09

PayPal announced it will allow customers to hold bitcoin and other cryptocurrency in its wallet and shop using cryptocurrencies at the 26 million merchants on its network. The new service... read more

FSB recommendations for regulation, supervision and oversight of Global Stablecoin

14 Oct 20 @ 08:23

The influential Financial Stability Board (FSB) has published the final version of its high-level recommendations for the regulation, supervision and oversight of Global Stablecoin (GSC) arrangements following an earlier public consultation.... read more

Group of seven powerful central banks publish report on CBDC

09 Oct 20 @ 09:45

A group of seven central banks together with the Bank for International Settlements (BIS) has published a report identifying the foundational principles necessary for any publicly available CBDCs to help... read more

Banks, governments and crypto industry divided by cryptocurrency risk

05 Oct 20 @ 18:58

A new survey by RUSI and ACAMS has revealed how professionals in the cryptocurrency industry believe that governments are behind the curve on the perceived risks, opportunities, and regulation of... read more

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Visa strengthens fraud defences with BioCatch acquisition

05 Aug 26 @ 16:37

Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more

Fiserv and Mastercard expand strategic alliance

05 Aug 26 @ 16:36

Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more

RBC and BMO sell Moneris to Francisco Partners for C$2bn

13 Aug 26 @ 15:19

Royal Bank of Canada and Bank of Montreal have agreed to sell their jointly owned payments processor Moneris to private equity group Francisco Partners in a C$2... more