The National Bank of Egypt has signed a cooperation agreement with Ripple to establish new channels for inward remittances. Another major financial institution has partnered with blockchain-based payments firm Ripple. The National Bank of Egypt has signed a cooperation agreement with Ripple to establish new channels for inward remittances, according to a Feb. 11 report […]
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Ripple, the firm behind the third largest altcoin XRP, made a new partnership to bolster cross-border payments between the U.S. and Mexico. Ripple, the firm behind the third largest cryptocurrency XRP, has made a new partnership to bolster cross-border payments between the United States and Mexico. The company has partnered with International Money Express, a […]
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Payments behemoth Visa is reportedly planning to change point-of-sale fees to merchants in the U.S. as part of a major update of its system. Payments behemoth Visa is reportedly planning to change merchant fees rates for United States-based merchants as part of a major update of its point-of-sale system. The development was revealed in a […]
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Coincheck exchange tops the app charts, Japan’s central bank head forecasts CBDC demand, and more in news from Japan this past week. This week in Japan, SBI Holdings’ president said to watch for central bank digital currencies, or CBDC, Coincheck exchange tallied top app downloads for exchanges is 2019, Japan’s central bank head forecasted CBDC […]
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The deputy governor of the Bank of Japan has said the institution must be ready to issue a CBDC should public demand surge in response to technical developments. The deputy governor of the Bank of Japan has said the institution must be ready to issue a central bank digital currency (CBDC) should public demand surge […]
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Cross-border payments platform Currencycloud has raised $80 million in funding from SBI Group, Visa and other investors. Cross-border payments platform Currencycloud has raised $80 million in funding from SBI Group, Visa and other investors. Per a Jan. 27 press release, London-based Currencycloud secured $80 million from SBI Group, Visa, International Finance Corporation, BNP Paribas and […]
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Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency project for cross-border payments. Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency (CBDC) for cross-border payments. On Jan. 22, the Hong Kong Monetary Authority (HKMA) and the Bank of […]
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China leads the blockchain-based mobile digital payment revolution. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electric energy, which is currently produced with coal and fossil fuels that adversely impact the environment. A global shift toward green energy will require […]
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Bitcoin is on the brink of breaking a seven-month downtrend, and the president of the ECB is pushing for a central bank digital currency. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and […]
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As tensions between Iran and the U.S. continue to escalate, more and more Iranians seem to be turning toward crypto and BTC. Earlier this week, the world’s flagship crypto asset saw its value surge from around the $8,000 mark to just over $8,430 within an hour’s time. This latest price action came after the Iranian […]
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