Caps Central Bank Digital Currency 
PYMNTS
OCTOBER 14, 2020
The central bank of Russia is seeking to place a yearly cap on the amount of cryptocurrency that retail investors can purchase, CoinDesk reported. Non-qualified investors wouldn’t be able to purchase over 600,000 rubles (approximately $7,740) per a proposal that the Bank of Russia released.
PYMNTS
NOVEMBER 17, 2020
The digital currency reached a high of approximately $17,860 on Tuesday (Nov. Digital currency enthusiasts have been witnessing bitcoin rise all year, and a number of them are targeting the December 2017 high of nearly $20,000.
PYMNTS
FEBRUARY 6, 2020
In today’s top payments news, Stripe and Lightspeed team up to advance in-store and online payments for retailers and restaurants, the Federal Reserve weighs the costs and benefits of a digital currency and the Reserve Bank of Australia considers stopping banks from automatically routing “tap and go” payments through Visa and Mastercard.
Fintech News
DECEMBER 13, 2024
It is particularly important in countries with a history of currency crises, where stablecoins can offer a tool for greater economic stability and resilience. These initiatives also seem to complement ongoing efforts to develop Central Bank Digital Currencies (CBDCs), as both digital assets aim to modernise traditional financial systems.
PYMNTS
NOVEMBER 10, 2020
To get a sense of just how hard it is for cryptocurrencies to gain, well, currency in everyday life, consider bitcoin, perhaps the granddaddy of cryptocurrencies — and still the 900-pound gorilla in the space, with roughly two-thirds of the market cap across the entire sector. Back in May, i2c Inc.
PYMNTS
FEBRUARY 24, 2017
The bitcoin market cap was over $18.5 The big news as of late has come out of the Philippines after the central bank, Bangko Sentral ng Pilipinas (BSP), announced it would actively regulate the bitcoin industry as a means to combat money laundering and terrorist financing schemes. On Thursday (Feb.
PYMNTS
JANUARY 10, 2017
Last week, China’s central bank, the People’s Bank of China (PBOC), had advised investors to be cautious when investing in digital currency. The central bank’s comments come as Beijing escalates a campaign to check capital outflows, said Reuters , and to slow the depreciation of the yuan.
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