PYMNTS
JANUARY 15, 2021
Despite that, there have been early studies of such payment methods at the central bank’s Boston location, CoinDesk reported. And he said the private sector’s ability to create private money like bitcoin or other cryptocurrencies that led the Fed to look into all of this in the first place, CoinDesk reported.
PYMNTS
MARCH 29, 2018
In investment news, Boston-based Flipside Crypto notched $3.4 Adding to the list of cryptocurrencies that users can buy or trade on its platform, Uphold announced that it has added support for Ripple ’s XRP currency, CoinDesk reported. The company made the donation through DonorsChoose.org. In the U.S., billion, Reuters reported.
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PYMNTS
AUGUST 14, 2020
In a speech delivered by webcast at the Federal Reserve Board and Federal Reserve Bank of San Francisco’s Innovation Office Hours, Fed Governor Lael Brainard said that the Federal Reserve Bank of Boston is working with researchers at MIT to “build and test a hypothetical digital currency oriented to central bank uses.”.
PYMNTS
AUGUST 21, 2020
Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. But a race to a rollout is not in the cards. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept.
PYMNTS
MAY 1, 2018
Mastercard Introduces Remote Biometric Card Enrollment. As biometrics have begun to represent the next generation in securing payments, Mastercard has unveiled a technological advancement for its own biometric cards. Amazon Expands Boston Tech Hub; Adds 2,000 New Tech Roles. Regulators in the U.S.
PYMNTS
NOVEMBER 15, 2019
Users of Facebook Pay , which the company said is not related to its proposed cryptocurrency Libra, will be able to enter a preferred payment method and then use the option to eventually pay throughout all of the related apps. Goldman Denies Discriminatory Apple Card Practices, Says It Will Reassess Limits. Deutsche Bank told U.K.
PYMNTS
OCTOBER 12, 2020
And in at least one cue for CBDC design to be taken from cash, the BIS stated that the digital currencies should be as “easy as using cash,” in transactions that can be done through tapping card or scanning a mobile phone, in a bid to encourage adoption and accessibility. In an interview with Karen Webster published Monday (Oct.
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