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Nalezeno "retail payments": 25

Taiwan central bank says no rush for CBDC launch


The Central Bank of the Republic of China mentioned handling government tenders through special purpose tokens to improve operational efficiency using smart contracts for bids and performance bonds

China Wants the Digital Yuan to Be Ubiquitous in Retail Payments Arena


China is pushing for universal national adoption of the digital yuan, with People’s Bank of China’s (PBOC) officials stating the currency should be available for all retail payment scenarios. The recent introduction of a standard for QR-based payment codes is part of this move, which...

Digital Yuan Will Revolutionize Chinese Retail Payments – Central Bank Exec


A Chinese central bank chief has claimed the digital yuan will revolutionize the way the nation makes retail payments, and suggested the CBDC could one day “completely replace” cash. Per Yicai, Mu Changchun, Head of the Digital Currency Research Institute at the People’s Bank of China (PBoC), made...

National Bank of Ukraine Unveils E-hryvnia Concept


The central bank of Ukraine has presented to interested parties a draft concept of the nation’s future digital currency, the e-hryvnia. The regulator is currently considering several potential applications for its digital coin, including retail payments and cross-border settlements. Ukraine’s...

Why and How Crypto Will Rule Metaverse


  Rabindra Ratan, Associate Professor of Media and Information, Michigan State University, and Dar Meshi, Assistant Professor of Communication Arts and Sciences, Michigan State University. ____... Read More: Why and How Crypto Will Rule Metaverse

Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments


The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six zeroes from the inflation-affected Bolivar. This would aid companies in processing taxes and provider payments that are absurdly complex with today’s numbers....

ECB Wants Active Role in Crypto, Will Not Deter Private Solutions


The European Central Bank (ECB) wants to play an active role in the field of digital currency, said President Christine Lagarde. As the bank works on its own digital currency and an instant payment system, Lagarde emphasizes that “central bank initiatives should neither discourage nor crowd...

Bitcoin Cash Represents 93% of November’s Crypto Spending in Australia


News.Bitcoin.com recently reported on web portal Bitcoinbch.com’s in-depth report, which detailed BCH outshining BTC retail spending in Australia by a wide margin during the month of September. The next month, BCH captured 90% of October’s crypto spending in the country. Now the website...

New Hire to Head Digital Currency Research at the US Fed


The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing...

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