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digital currency

FintechUSA
·Jul. 6, 2020

Cash Usage is Declining as Consumers Switch to Contactless Payments

Around the world cash usage is on the decline as governments from India to Kenya to Sweden promote cashless payments...
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Asia/PacFinanceNews Roundup
·Nov. 16, 2016

China’s Central Bank Increases Digital Currency Efforts

The People's Bank of China is reportedly ramping up efforts to create a digital currency that would coincide with their paper currency; the currency released by the People's Bank of China will be legal currency and make use of special encrypted technology; there has been an effort within the central bank to create a digital currency since 2014; problems related to the right technology and deployment of the currency have persisted.  Source

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FintechNews RoundupUSA
·Oct. 13, 2017

Coinbase Announces Instant Purchases of Digital Currencies

In a blog on the company’s website David Farmer, Director of Communications, explained the ability for customers to instantly purchase digital currency using a US bank account; customers can now buy up to $25,000 and receive access to their digital currency immediately. Source.

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FintechNews RoundupUSA
·Mar. 4, 2020

Facebook Considers Changes to Libra

Facebook along with their partners are contemplating a redesign of Libra; the changes could include the network accepting multiple coins,...
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FintechNews RoundupUSA
·May. 29, 2020

Failure to Launch a Digital Currency Could Cost the USD Status as World’s Reserve Currency

The Digital Dollar Project is a group headed by Christopher Giancarlo, the former head of the Commodity Futures Trading Commission...
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FintechNews RoundupUSA
·Jan. 8, 2019

Caution the Watch Word Regarding National Digital Currencies

According to a recent survey by the Bank of International Settlements, over 70 percent of central banks are studying central...
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Fintech
·Aug. 4, 2020

China’s New Digital Currency Tries to Limit Dominance of Alibaba and Tencent

The People’s Bank of China has recently launched a trial version of their digital currency which they hope will reduce...
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FintechNews RoundupUSA
·Mar. 25, 2020

Digital Dollar Considered During the Crisis

The economic stimulus that was just agreed upon ultimately did not include a digital dollar but the idea was in...
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FintechNews RoundupUSA
·Apr. 17, 2020

Facebook Releases Plans for a Scaled Back Libra After Regulatory Pushback

Facebook has re-released plans for Libra which are scaled back from their original vision after getting significant pushback from global...
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FintechNews RoundupUSA
·Jan. 10, 2019

Fintech Funding Hits Record High in 2018

Fintech funding reached $11bn in 2018, a 38 percent jump year over year; banking startups focused on customer data, trade digital...
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