PYMNTS
MARCH 30, 2020
The Banque de France is seeking applications “to experiment with a central bank digital currency for interbank settlements,” according to an announcement from the French central bank. ” The submission deadline for digital applications is May 15.
Clearly Payments
OCTOBER 31, 2024
Wholesale CBDCs focus on interbank settlements, enhancing security and efficiency in large transactions between financial institutions. Retail vs. Wholesale CBDCs : There are two types of CBDCs: Retail CBDCs are designed for use by the general public, providing an alternative to cash.
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Fintech Labs Insights
FEBRUARY 29, 2016
Bitcoin is inherently difficult to protect and is not guarded from fraud, as many traditional accounts are. The company began as the House of Bitcoin , a physical retail location in Paris where people exchange digital currency in person, learn about bitcoin, and share ideas with other startups ( see below ).
Fintech News
MAY 29, 2025
No room for stablecoins in China and India Meanwhile, China has banned cryptocurrencies like bitcoin and ether, citing concerns over the potential risks posed by digital currencies to its financial system, capital controls, and monetary sovereignty. This ban covers not only the trading and use of these assets, but also their mining.
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