PYMNTS
NOVEMBER 23, 2020
Schulman said it’s not a matter of if, but “when and how you'll start to see more and more central banks issue forms of digital currencies. The news comes as PayPal announced that it had jumped into the digital currency business and would now let clients purchase, keep and sell cryptocurrency straight from their PayPal accounts.
PYMNTS
FEBRUARY 21, 2020
Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the world’s first central bank digital currency (CBDC), according to reports on Thursday (Feb. The pilot will run until February 2021 and will use blockchain technology, the Riksbank said.
Clearly Payments
OCTOBER 31, 2024
America Biometric Payments 2 Global, especially mobile-first markets Cash Payments 5 Emerging Markets, some developed regions Central Bank Digital Currencies (CBDCs) 1 Asia, Caribbean Credit Cards Overview : Credit cards allow consumers to make purchases on credit, paying later and often with interest.
PYMNTS
OCTOBER 1, 2020
It’s a loyalty program overhaul that Visa and Novae say makes them the first to market with a working digital currency based on converted loyalty points. My Rewards was originally launched in 2018. Visa and FinTech partner Novae have unveiled their revamped rewards program, dubbed My Rewards 2.0, We've done].
PYMNTS
JANUARY 25, 2021
The Reserve Bank of India (RBI) is exploring making a digital currency, a reversal of its prior position, according to a report from Cointelegraph. While central bank digital currencies (CBDCs) are considered legal tender in the country, the government and regulators have considered them a “liability,” Cointelegraph reported.
PYMNTS
MAY 13, 2020
The Bank of Mauritius is progressing toward providing a central bank digital currency (CBDC) per its governor, CoinDesk reported. Seegolam noted that any digital currency would need to be distributed via the current banking system to steer clear of the risk of putting the island’s financial system in an uneven position.
PYMNTS
MAY 22, 2020
The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. . The digital currency would be backed by the yuan, the Korean won, the Japanese yen and the Hong Kong dollar. .
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