Bitcoin has long been the marquee name — shorthand, if you will — for the cryptocurrency space. 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...
Speaking at a virtual conference about the future of money, European Central Bank (ECB) executive board member Yves Mersch said a retail central bank digital currency (CBDC) is a game-changer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Digital yuan could be on the horizon in China to replace paper money, authorities say. 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 newsletter,...
British startup Checkout.com is the first payments firm to join Facebook’s Libra Association after Visa, Mastercard and Stripe exited the program in October. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The People’s Bank of China (PBOC) is launching a pilot program to trial its new digital currency yuan with 19 local businesses, including the U.S. chains Starbucks, Subway and McDonald’s. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
It might sense to think that bitcoin — that marquee name of cryptocurrency — would enjoy a shining moment, a chance to take root in commerce in a way that shows just how far we have come in transacting digitally, in living financial lives online....
With a revised version of the planned digital currency, Facebook‘s Libra will be supervised by worldwide watchdogs and connected to individual country currencies. The potential of the 2.5 billion users of Facebook using Libra has garnered regulatory scrutiny, Reuters reported. Get the Full Story Complete the form...
One of China’s state-owned banks has a mobile test app that supports the country’s central bank digital currency, according to a CoinDesk report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Financial Stability Board (FSB) – the regulatory watchdog of the Group of 20 (G-20) – warned global regulators that possible stablecoin disruptions should be addressed before Facebook’s Libra is released, according to a consultation report released on Tuesday (April 14). Get the Full Story...