The Eastern Caribbean Central Bank (ECCB) has unveiled its central bank digital currency DCash, making it the second central bank officially entering the CBDC realm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
For central bank digital currencies (CBDCs), in Europe, at least, it’s a case of hurry up and wait. As reported this week, the European Central Bank (ECB) – through comments made by Christine Lagarde, its president – seems to be taking a longer-term view of...
Britain plans to regulate stablecoins first rather than the whole of the cryptocurrency market, Reuters writes. 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 daily...
In spurring new consumer behavior, scale matters. That’s especially true with cryptocurrencies, where making the leap from speculation to actual transactions (you know, the kind tied to goods and services) may be more marathon than sprint. Get the Full Story Complete the form to unlock...
Fidelity Digital Assets will soon be collaborating with Silvergate Bank as its second lender extending cryptocurrency-backed loans, Silvergate announced in a press release on Monday (March 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Private, yes. Anonymous, no. In the race to bring central bank digital currencies (CBDCs) into the mainstream, key questions revolve around how they will be issued, accounted for and tracked. At issue, then, is whether individual recipients and users would have anonymity as they spend...
There are some who think that non-fungible tokens (NFTs) are just a fad. After all, as the old investing maxim goes: Price is what you pay, value is what you get. In recent months, we’ve seen tens of millions of dollars paid for artwork. As reported,...
Crunchfish, the Swedish FinTech backed by billionaire Mohammed Al Amoudi, has now come up with a new digital cash fix, Bloomberg writes. The new technology would allow for people to pay merchants in real time, offline and in any currency, including central bank digital currency...
Visa announced Monday (March 29) that it is the first major payments network to settle transactions in dollar denominated stablecoins, which the company claimed is an important step into bringing cryptocurrencies into the payments and commerce mainstream. Get the Full Story Complete the form to...
