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From traditional options like credit cards to emerging solutions such as cryptocurrencies and biometrics, each payment method comes with unique advantages that cater to varying consumer needs. Adoption Rate : Cryptocurrency payment usage remains niche but is growing, with over 420 million crypto wallet users worldwide in 2023.
The Banque de France is seeking applications “to experiment with a central bank digital currency for interbanksettlements,” according to an announcement from the French central bank. ” The submission deadline for digital applications is May 15.
Most recently, a new bill has been submitted to update the PSA to better regulate cryptocurrencies and payment services. This surge would be driven by rising adoption, institutional interest, and emerging use cases, including interbanksettlements, B2B transactions, remittances, and tokenized securities.
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