India’s central bank exploring the need for digital currency
In a recent outlook on payments in the digital era, the bank justified its earlier apprehension, but revealed that it’s now open to the possibility of a digital rupee.
Latest digital payments News
Visa calls off $5.3B acquisition of digital currency-friendly startup Plaid
The consumer credit giant was set to acquire Plaid for $5.3 billion, but antitrust claims from the Department of Justice have brought the deal to an end.
Pakistan launches Bill Gates-backed Raast instant digital payments system
Known as Raast, the system is especially aimed at availing digital payments to women who have been financially marginalized for decades.
China unveils first digital yuan physical card in Shanghai
Unlike in Shenzhen, Beijing and Suzhou, the People’s Bank of China is expanding beyond the use of smartphones to make digital yuan payments.
2020 year in review: Revolutionary use cases of blockchain in banking and finance
Patrick Thompson takes a look at some of the revolutionary developments in banking and finance that took place in 2020 involving blockchain technology and digital currency.
Bank of France moves from conceptual to market CBDC trials: deputy governor
Banque du France is seeking to determine how a central bank digital currency can improve the fluidity and efficiency of payment and settlement systems.
Ella Qiang: Only Bitcoin SV has the scaling capacity for ‘serious business’
In a PDAX webinar, Bitcoin Association’s Ella Qiang explains BSV's main advantages for both data processing and small-scale digital payments, while clarifying the main differences between BSV and other protocols.
Are central bank digital currencies a bad idea?
While they are being touted as the future, it’s time to rethink and reevaluate the role that CBDCs will play in the future of finance.
Spotify to expand its digital currency footprint with new hire
The company is hiring a new payments head, with digital currencies, CBDCs and decentralized ledger technology among the areas of focus.
Swiss central bank completes CBDC trial, downplays DLT
While the trial demonstrated the feasibility of a wholesale CBDC, the bank claimed that distributed ledger technology has not yet proven its ability to handle the European country’s payments system.
Toyota’s IT arm exploring digital currencies and blockchain
Toyota Systems has partnered with digital currency exchange DeCurret on the pilot, which will see the participation of the company’s 2,500 staff members.
G20 to lay down digital currency payments groundwork by year-end: report
G20 nations could begin accepting digital payments this year after leaders from the powerful nations recently decided to lay the groundwork starting October.