PYMNTS

JANUARY 20, 2020

As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. What It Won’t Do. The Rewards.

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PYMNTS

DECEMBER 17, 2020

Amid the rallies that have marked all manner of asset classes in 2020 – where things hummed along to start the year, turned sour in the spring and then rebounded (nay, roared) into the waning months, bitcoin stands out. But now, at least some asset managers have been embracing bitcoin as a hedge against currencies and gold.

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Fintech News

JANUARY 20, 2025

Singapore embraces digital currencies, combining cutting-edge innovation with solid regulations to ensure a safe trading environment. Cryptocurrency is a digital currency form that uses cryptographic technology to secure transactions and control the creation of new units. Youre in the right place. What is Cryptocurrency?

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Fintech News

FEBRUARY 26, 2025

This incident, referred to by the FBI as “TraderTraitor,” marks one of the largest digital currency heists to date. In a public announcement, the FBI detailed that the malicious actors swiftly converted the stolen assets into bitcoin and other cryptocurrencies, dispersing them across numerous blockchain addresses.

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PYMNTS

JANUARY 29, 2019

He also deposited 230 bitcoins ($1.8 million) onto another cryptocurrency exchange and tried to withdraw the money through a bitcoin ATM. In other news, bitcoin prices fell again on Monday (Jan. 28) to $3,443, its lowest level since mid-December. It’s a huge disappointment; it neither came in terms of price or calendar.

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PYMNTS

NOVEMBER 30, 2020

When PayPal announced recently that its 350 million users can deposit bitcoin and other cryptocurrencies in their accounts and spend it at 26 million merchants next year, it was characterized as the inevitable advance of digital currency. Bitcoin is like a [crypto] 101 version. Privacy And Security.

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The Fintech Times

MAY 1, 2024

In recent years, digital currencies have been all the rave. However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. Anticipate what needs to happen in order for Bitcoin to break its all-time record again.

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PYMNTS

JUNE 15, 2020

Korea’s central bank has rolled out a legal advisory group to look at potential challenges to bring a central bank digital currency (CBDC) to fruition, The Korea Times reported. The central bank’s panel includes six people with IT and finance expertise, counting lawyers who have a FinTech focus and commercial law professors.

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Fintech News

JANUARY 9, 2024

The fintech landscape in the Asia Pacific (APAC) region has been evolving at a remarkable pace, with start-ups and established companies redefining how financial services are delivered and consumed. Today, we will explore five top fintech trends in the APAC region for 2024, supported by statistics and insightful information.

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PYMNTS

SEPTEMBER 30, 2016

Can the unbanked benefit from bitcoin, or are they merely the experimental subjects of bitcoin adherents, lobbyists and scientists? This week’s Bitcoin Tracker takes a look at the recent bitcoin projects that are in the news and that are targeting the unbanked. Vogel also wanted to clarify regulations surrounding bitcoin.

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PYMNTS

NOVEMBER 4, 2016

It’s been a varied week for bitcoin. First, some positive news: Bitcoin’s upward pricing trend continues, more or less. It opened this morning with a value of $742 and peaked at $744 (about as close as bitcoin has come to its year high since it hit $768 back in June). The reputation of bitcoin precedes it.

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PYMNTS

OCTOBER 11, 2018

CipherTrace noted in a report that digital currency theft has nearly topped $1 billion over the first three quarters of the year at $927 million, Reuters reported. The organization noted that digital currencies are not an effective store of value, unit of account or payment means.

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PYMNTS

OCTOBER 9, 2020

Beyond bitcoin – that marquee name of crypto and its brethren, which have yet to escape wild price swings and speculative fervor – lies the prospect of CBDCs. In this case, digital currencies – no matter the provenance – should work well enough to be interchangeable with paper bills and metal coins. euros (at least at present).

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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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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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Fintech News

OCTOBER 28, 2024

The Monetary Authority of Singapore (MAS) has unveiled the finalists for the 2024 Global Fintech Hackcelerator. The winners of the competition will be announced on 7 November 2024 during the SFF Fintech Excellence Awards. Here Are the 18 Finalists for Global Fintech Hackcelerator 2024 1.

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PYMNTS

SEPTEMBER 2, 2019

The People’s Bank of China (PBoC) is looking toward new technologies to keep a closer eye on the nation’s FinTech , blockchain and digital lending markets. It has also been unfriendly toward other forms of digital finance, including the peer-to-peer lending industry.

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PYMNTS

NOVEMBER 4, 2020

Bit by bit — but more than bitcoin by bitcoin — cryptos are inching into the mainstream, for both consumer and commercial applications. Elsewhere, Square announce last month that it has invested $50 million — approximately 1 percent of its total second-quarter assets — to purchase roughly 4,709 bitcoins. “We

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Fintech News

JANUARY 23, 2024

Singapore-based payment solutions provider AXS has partnered with Triple-A to introduce bill payments using digital currencies through AXS’s platforms. The service, accessible via AXS m-Station, supports cryptocurrencies like Bitcoin, Ether, Tether, and USD Coin.

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Fintech News

MARCH 18, 2024

This initiative aims to offer users more convenience by enabling the conversion of digital currencies into spendable funds within their GrabPay Wallets. This top-up method went live on 12 March 2024. experiences among its users in Singapore. experiences among its users in Singapore.

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PYMNTS

FEBRUARY 24, 2017

Is there an alternative, profound French phrase or two that can describe what investors have seen this week with bitcoin? Bitcoin is quickly headed toward fresh three-year highs after jumping up over $100 in value since last week’s tracker. 23) morning, bitcoin had broken $1,150 in value, reaching a high of $1,153.04.

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Fintech Finance

MAY 23, 2024

Reltime , a leading innovator in blockchain and Web3 technology, is thrilled to announce the launch of its state-of-the-art Global Payment Gateway (GW), designed to empower merchants and shops worldwide to accept payments from all popular digital currencies. Digital USD/EUR, Bitcoin, Ethereum, etc.

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PYMNTS

DECEMBER 24, 2020

If one measures success for digital currencies in buzz — and in price appreciation for many of the marquee names — then 2020 stands out as a banner year. Here are some of cryptos’ key developments for 2020: Bitcoin Goes Higher And Higher. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies.

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PYMNTS

DECEMBER 7, 2020

Bill Winters, CEO of Standard Chartered , said he sees the adoption of digital currencies on a widespread scale as inevitable, CNBC reported. Winters, speaking at the Singapore FinTech Festival, said there would likely be room for both state-backed digital currencies as well as privately-owned ones, CNBC reported.

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The Fintech Times

JULY 12, 2024

According to Statista , Asia Pacific (APAC) plays host to some of the biggest Bitcoin and Ethereum hodlers. As the popularity of digital currencies grows in the region, firms are looking to bridge the worlds of decentralised finance with traditional finance to make offerings more accessible to all.

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PYMNTS

MAY 7, 2020

“We’ve basically seen a multi-year acceleration of the world going digital over the course of a few weeks.”. Buttressing that great acceleration, Angelos told Karen Webster in a recent conversation, are demands for new use cases for digital that are emerging nearly every day.

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Fintech News

DECEMBER 4, 2023

Australian cryptocurrency exchange Independent Reserve has forged a new partnership with RelayPay, a digital currency payments platform. And as the cryptocurrency space continues to evolve and mature, we expect the opportunities for digital payments to continue to grow.”

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PYMNTS

DECEMBER 12, 2018

Bitwala has rolled out digital currency banking services in Germany through a partnership with a regulated FinTech firm that has a banking license, CoinDesk reported. Google Trends found that the top search definition in both the United States and the United Kingdom, according to a Bloomberg report, was “what is bitcoin?”

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PYMNTS

JUNE 10, 2020

The Bank of Ghana continues to consider the creation of a digital currency, GhanaWeb reported. Dr. Maxwell Opoku-Afari, the bank’s first deputy governor, reportedly said during a digital workshop that the bank remains steadfast in facilitating innovation and piloting ideas like a central bank cryptocurrency.

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Fintech News

SEPTEMBER 18, 2024

In Asia-Pacific (APAC), the payment landscape is rapidly evolving, driven by the integration of advanced technologies, growing use of alternative payment methods and the rise of digital currencies. Total spending in the region for digital wallets amounted to almost US$10 trillion in 2023, led mostly by China.

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APACS Alternative Payment Methods Stablecoins BNPL 120

PYMNTS

DECEMBER 12, 2019

Yao was the head of China’s central bank digital currency initiative. . Yao’s hiring was anticipated because of his contribution to the development of the central bank digital currency (CBDC) and his deep understanding of FinTech and blockchain, according to Caijing. 11), as reported by Coindesk.

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PYMNTS

FEBRUARY 3, 2020

Denis Pitcher, chief FinTech advisor to the Premier of Bermuda, told CoinDesk on Sunday (Feb. 2) that he is planning to introduce a platform that will let the island’s residents pay for government services using digital currency. He thinks that having a digital currency plan could be the way to start. .

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Fintech Finance

SEPTEMBER 12, 2024

MoonPay is pleased to announce that MoonPay is registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange services in Australia. The post MoonPay Earns Australian Registration appeared first on FF News | Fintech Finance.

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Alternative Payment Methods Digital Currency AML Bitcoin 98

PYMNTS

MARCH 19, 2020

Thai FinTech firm DeeMoney is teaming with enterprise blockchain solution Ripple to facilitate quicker and less expensive cross-border money transfers, according to an announcement. DeeMoney is using RippleNet to process inbound payments coming into Thailand as of now, and it is the first non-bank institution in the country to use RippleNet.

Digital Currency 53

Digital Currency Non-Bank Cross-Border Bitcoin 53

The Fintech Times

FEBRUARY 16, 2024

However, in El Salvador , where a bitcoin circular economy is emerging, more than two million underbanked citizens use bitcoin. The same is true for other countries with growing bitcoin economies.

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Payments Source

AUGUST 21, 2017

The Japanese exchange bitFlyer has processed $30 billion in bitcoin trades so far in 2017. Now it has its sights set on American crypto enthusiasts.

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Fintech Review

MARCH 4, 2025

As the digital economy expands, assets like Bitcoin and Ethereum are becoming crucial in long-term portfolio strategies. Hedge Against Inflation – Digital currencies like Bitcoin, often referred to as digital gold, provide protection against currency devaluation and economic uncertainty.

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