Cryptocurrency

Cryptocurrency
BitPay Joins Jack Dorsey’s Crypto Open Patent Alliance
April 14, 2021

BitPay has joined the Crypto Open Patent Alliance (COPA), agreeing to share open-source projects and participate in a shared patent library, the cryptocurrency payment processor announced on Wednesday (April 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Digital Pound Could Help UK Compete As Financial Hub
April 12, 2021

Central bank digital currencies (CBDCs), by and large, have been heralded as having utility across a variety of use cases — from speeding stimulus payments to bringing financial services to the unbanked to easing cross-border B2B payments. Also, of course, for staving off private digital...

Cryptocurrency
Swedish Central Bank: CBDC Needs More Testing On Scale, Data Privacy 
April 07, 2021

Perhaps the key takeaway of the testing is that … more testing is in order. The Swedish central bank (Riksbank) said it had conducted the first phase of its pilot tied to the creation and issuance of a central bank digital currency (CBDC). But there are...

Cryptocurrency
Preparing SMBs For Cryptocurrency To Jump On The Books
April 07, 2021

Just about every small business will face at least one moment in its lifespan in which working capital is running low. A mom-and-pop shop on Main Street has plenty of options to access funds, from alternative lenders to banks. Get the Full Story Complete the...

Cryptocurrency
Bank Of Japan Begins CBDC Testing
April 05, 2021

The Bank of Japan is the latest to look into creating a central bank digital currency (CBDC), according to a news release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
CBDCs Start Small Before Economic Heavyweights Step In  
April 05, 2021

In the brave new world of the central bank digital currency (CBDC), smaller nations are taking the plunge, it seems, before the world’s largest economies are quite ready to do so. Late last week, the Eastern Caribbean Central Bank (ECCB) debuted DCash — which makes...

Cryptocurrency
Boston Fed’s Cunha On Building A Payments Network For The ‘Next 100 Years’
April 05, 2021

To put it mildly, these are heady times for the Federal Reserve. It’s managing the specter of inflation hovering over unprecedented government spending to manage an economy that has been disrupted by a global pandemic. Then there’s a stock market that now includes a whole...

Cryptocurrency
Bitcoin Fever May Be Stoking Interest In CBDCs
April 02, 2021

It seems a rising bitcoin tide lifts all digital currency boats. As CNBC reported Friday morning (April 2) as bitcoin prices gain ground — and are now recently above $59,000 — interest is growing, too, in China’s digital yuan. It has yet to be launched, but...

Cryptocurrency
VCs Pour Money Into Crypto; Q1 Outpaces All Of 2020
April 01, 2021

Cryptocurrency got more funding from venture capitalists in this quarter than in all of 2020, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...