Remove CBDC Remove Cryptocurrency Remove Stablecoins
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How OpenWay’s Way4 Enabled the First CBDC Card Transaction in Eurasia

Fintech News

Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. However, a significant shift has occurred with the launch of Eurasia’s first CBDC cards in Kazakhstan, providing 20 million consumers with a new, tangible way to manage CBDC funds.

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Over Half of Surveyed Singapore Users Own Cryptocurrency

Fintech News

In recent years, the landscape of cryptocurrency and digital assets has experienced significant shifts, and Singapore, a nation known for its forward-thinking approach to fintech and digital innovation, is no exception.

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Stablecoins in Asia Are Stably Reducing Dependency on USD

Fintech News

The growing adoption of stablecoins across Asia marks a significant shift in the regions financial landscape. dollar-pegged stablecoins like USDT and USDC primarily dominate the cryptocurrency topography. Tether (CNHt) Tether CNHt is a stablecoin that is pegged to the offshore Chinese Yuan (CNY). Traditionally, U.S.

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Bitcoin Daily: BitPay Unveils Crypto Mass Payout Service; BOE: Stablecoins Not Fit For Wide Use

PYMNTS

The price of the cryptocurrency was $16,301.03 It wasn’t immediately known why the cryptocurrency increased in price, but some observers have suggested a connection with the U.S. In other news, the price of bitcoin exceeded the $16,000 price level on Thursday for the first time in nearly three years, CNBC reported. as of 7:17 p.m.

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How the UAE’s Stablecoin Decision Could Impact Local Businesses, Crypto and a Future CBDC

The Fintech Times

The Central Bank of the United Arab Emirates (CBUAE) has approved new regulations for stablecoins, enabling it to integrate Dirham-backed digital currencies into its financial ecosystem. A new system has now been issued in the UAE which will license and oversee stablecoins, following approval by the board of directors at the CBUAE.

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A Merchant Guide for Cryptocurrency Payments

Clearly Payments

Since 2009, the financial landscape has been undergoing a transformation with the emergence of cryptocurrencies. As digital currencies grow in popularity , merchants around the world are exploring the potential benefits of accepting payments in cryptocurrency.

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Bitcoin Daily: UK Researching CBDC Use Cases; Lebanon To Introduce CBDC In 2021; SEC Member Pushes For Cryptocurrency Regulation; ShapeShift Delists Three Privacy Coins

PYMNTS

Treasury Department is researching use cases for a central bank digital currency (CBDC), as well as drafting regulatory proposals for private stablecoins, U.K. Meanwhile, Lebanon Governor Riad Salameh announced that the country will be introducing a CBDC next year, to “restore confidence,” reported Bloomberg.

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