The Reserve Bank of India (RBI) has begun thinking about doing a “phased introduction” of a central bank digital currency (CBDC), amid legal changes needed for that country’s foreign exchange and information technology rules, Bloomberg writes. Get the Full Story Complete the form to unlock...
It’s not quite cash back – not really as liquid as real cash – but the cryptos-as-rewards premise may be enough to boost those digital offerings more fully into mainstream commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Cryptocurrency Payments Playbook: Cryptocurrencies Gain Momentum As A Payment Option, a PYMNTS and BitPay collaboration, examines the key drivers behind the surge in consumers’ interest in using cryptocurrency as a payment method for both digital currency holders and nonholders and explores what it might...
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In the bid to bring cryptocurrencies ever more into the mainstream — in retail use cases and commercial ones — the competition has been shaping up to be one between cryptos like bitcoin, stablecoins and central bank digital currencies (CBDCs). Get the Full Story Complete...
Ongoing concerns over the spread of the COVID-19 Delta variant have led to bitcoin’s largest decline in four weeks, below $30,000, according to a Tuesday (July 20) report in CoinDesk. Bitcoin sellers were active in Asia Tuesday morning, according to the report. Get the Full...
U.S. Treasury Secretary Janet Yellen told regulators it is critical that the government establishes and adopts a framework for digital currency stablecoins, Reuters reported on Tuesday (July 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Eden Doniger, general counselor...
There was a total of $5 billion in transactions with China’s new central bank digital currency (CBDC) by the end of June, the Peoples’ Bank of China said in a new report. Get the Full Story Complete the form to unlock this article and enjoy...