Cryptocurrency

Showing Latest Cryptocurrency

ECB releases report on digital euro plans

05 Oct 20 @ 18:15

The European Central Bank (ECB) has released a report in which it states the importance they are placing on a potential digital euro which they are seriously considering and studying... read more

European Union sets 2024 as target date for digital currency asset laws

28 Sep 20 @ 09:47

The European Union (EU) has laid out a new legal framework for oversight and governance of digital currency assets by 2024, hoping to provide greater comfort for financial institutions in... read more

Binance rolls out Visa cashback cards across Europe

22 Sep 20 @ 09:01

Binance, the world’s largest cryptocurrency exchange, has begun offering Visa cards in Europe, the cards also allow users to earn up to 8% cashback. The exchange announced that cardholders will... read more

European Central Bank confirms interest in digital Euro

21 Sep 20 @ 09:01

The ECB says it is still assessing whether to introduce a digital euro and that it will soon share findings of a task force before launching a final public consultation.... read more

Hackers steal millions in cryptocurrency – How do they turn it into real cash?

14 Sep 20 @ 14:18

For years criminals have made money through criminal schemes like drug trafficking and counterfeiting cash. In the last decade, criminals have increasingly turned to cybercrime – using hackers to conduct... read more

Why biometrics are the future of securing digital currency

10 Sep 20 @ 16:07

The world is moving ever closer to digital currency for all. Although investors have watched cryptocurrencies such as Bitcoin and Zcash grow for years, national digital currencies are now starting... read more

Mastercard launch Central Bank Digital Currencies testing platform

09 Sep 20 @ 14:26

With the global economy racing to embrace digital payments, central banks also are looking to the future and Central Bank Digital Currencies (CBDCs), investigating how to support innovation while maintaining... read more

BIS Report: Rise of the central bank digital currencies (CBDC)

28 Aug 20 @ 12:39

Central bank digital currencies (CBDC) are receiving more attention than ever before. Yet the motivations for issuance vary across countries, as do the policy approaches and technical designs. A new... read more

World’s first e-commerce payment using stablecoin

28 Aug 20 @ 09:55

This week signified a major breakthrough for stablecoin payments. Much derided for the lack of speed and power needed to perform consumer payments, this week Coinify, Sygnum Bank and Galaxus... read more

Facebook sets up F2 unit to supercharge payments activities

17 Aug 20 @ 10:37

Facebook has revealed that it has set up a new business unit to address payments and commerce opportunities. David Marcus, a former PayPal President and co-creator of the Libra cryptocurrency... read more

Ripple tries to diversify as it faces headwinds from the banks

13 Aug 20 @ 13:14

Ripple has created one of the most valuable cryptocurrencies. Its digital tokens, known as XRP, have a total value of almost $30 billion, behind only bitcoin and Ether. But, eight... read more

Revolut losses continue to grow – 3 times greater than 2019

13 Aug 20 @ 10:19

Revolut losses tripled in 2019 as the FinTech blamed rising staff costs more than offset revenue growth, however it argues that it is on track to break even this year... 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