PYMNTS
DECEMBER 24, 2020
If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. Building The (Retail) Use Cases.
PYMNTS
DECEMBER 18, 2020
As reported by Reuters , the Sand Dollar – a new digital currency issued and backed by the Bahamian central bank – is now in circulation, and bit by bit, has been making inroads into retail use cases. The money is spendable at a number of retail locations. Central Banks Around the World Eye CBDCs.
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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. The focus on wholesale payments may bring various retail use cases to reality — including stimulus and disbursement of government payments.
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.
PYMNTS
SEPTEMBER 15, 2020
But as to what a CBDC might look like in the eurozone, ECB executive board member Yves Mersch said a speech earlier this year that retail central bank digital currency (CBDC) is a game-changer and that retail CBDCs would be a “main focus.”
PYMNTS
MARCH 22, 2019
million in investor funding, including from ICE, Microsoft’s venture capital unit and Boston Consulting Group, noted the paper. The long term aim is to regulate cryptocurrency so it can be used by consumers to make retail purchases. The ICE unit has already inked deals with Microsoft and Starbucks and has raised $182.5
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. Amazon To Build $40M Robotics Innovation Hub Near Boston. Deutsche Bank told U.K. Money Laundering Epidemic.
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