This week the U.S. Federal Reserve finally launched its long-awaited instant payments solution. Meanwhile, the South Korean central bank published a report outlining an important upgrade to the country’s longstanding instant payments solution.
Denmark's financial authority ordered Saxo bank to sell its cryptocurrency holdings after asserting that it did not constitute a legitimate business activity for a financial institution.
The Japanese central bank has established a working group of 60 companies to gain input into its decision on launching a CBDC from a business perspective.
The Japanese central bank has established a working group of 60 companies to gain input into its decision on launching a CBDC from a business perspective.
This week the U.S. Federal Reserve finally launched its long-awaited instant payments solution. Meanwhile, the South Korean central bank published a report outlining an important upgrade to the country’s longstanding instant payments solution.
Denmark's financial authority ordered Saxo bank to sell its cryptocurrency holdings after asserting that it did not constitute a legitimate business activity for a financial institution.
Better late than never… The launch of the Federal Reserve’s FedNow service later this month will bring 24/7/365 instant payments to the U.S. banking system, making it the last major global economy to officially implement such functionality.
Rpay will indefinitely stop all fiat deposits and withdrawals in Venezuela, Argentina, Colombia, Ecuador, Peru, and Panama. The founders cite banking problems.
Just a month after Ripple acquired Swiss crypto custodian Metaco, Citibank is reportedly reviewing its year-old partnership with the firm and is in talks with other custody providers. It is currently unclear whether the two events are linked.
After 4 years and $300 billion of dollar-denominated payments, the banking giant’s blockchain-based settlement system for institutional clients can now process euro payments.
The Bank of Thailand is running a pilot for its retail CBDC with the staff of three payment service providers and merchants situated around their head offices.
