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Bitcoin Bar ‘Room 77’ Shuts Down
19.10.2020
Room 77, the German bar and restaurant that claims to be the first retail outfit in the world to accept bitcoin payments, has shut down. Cypherpunk Holdings chief economist Jon Matonis broke the news on Twitter. Bar owner Jorg Platzer later confirmed it on Reddit. “Room 77 is closing...
Better to get it right than to be first with CBDC, says US Fed chair
19.10.2020
The U.S. already has a “safe and active dynamic domestic payment system,” Powell argued
Payments-focused cryptocurrency Dash now has a bridge to DeFi
19.10.2020
A StakeHound collaboration allows Dash holders to earn masternode staking rewards and access DeFi services at the same time
Japanese payments firm JCB and Mizuho Bank test blockchain-based ID
19.10.2020
Fujitsu has been working on blockchain-based digital identity tools since 2019
First Users Not So Impressed by China’s Digital Yuan: Report
19.10.2020
A recent giveaway of China's in-testing central bank digital currency has reportedly left recipients wondering why they should swap from existing solutions like Alipay
95% of winners in China’s CBDC lottery spent digital yuan prizes
19.10.2020
Some winners purchased additional digital yuan during the pilot
Former patrons can't drown sorrows as first-ever bar to accept Bitcoin closes
18.10.2020
A legendary Berlin-based watering hole and Bitcoin hub closes down
48-Hour Stimulus Deadline: US Lawmakers Race to Approve Second Stimulus Checks Before Election
18.10.2020
Amid the intense stimulus relief aid discussion, House Speaker Nancy Pelosi has set a deadline for the White House to come to an agreement on the next stimulus package which provides a second round of stimulus checks for Americans. Meanwhile, the Senate is set to vote on a smaller stimulus bill...
Stellar CEO to Be Part of IMF Panel on Cross-Border Payments
18.10.2020
The panel will discuss the private-sector's role in addressing shortcomings of cross-border payments
FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls
18.10.2020
The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote...
Stellar to Add Support for USDC Stablecoin, Opening Up Dollar-Backed Remittances
15.10.2020
The addition of the dollar-backed USDC stablecoin seeks to bolster Stellar’s standing as a cross-border payments network
Libra Hires HSBC Veteran Ian Jenkins as CFO, Risk Chief of Digital Payments Unit
15.10.2020
Ian Jenkins joins fellow HSBC alum James Emmet, now the stablecoin group's CEO
The Bahamas central bank wants to make its digital 'Sand Dollar' global
15.10.2020
The Bahamas’ digital currency is currently used domestically
Bankless society ‘inevitable’ due to crypto, says Morgan Creek CEO
15.10.2020
People will be able to “bank themselves” with crypto
Pro Super Smash Bros player to receive salary in XRP
15.10.2020
More gamers around the world are moving into crypto
Huobi Plugs Into EU’s SEPA and UK Faster Payments Systems With Banxa Integration
14.10.2020
Seychelles-based crypto exchange Huobi has integrated fiat-to-crypto payment service Banxa to its trading platform with zero fees, the firm announced Wednesday
Trump Administration Said to Mull Putting Digital Payments Giant Ant Group on Trade Blacklist: Report
14.10.2020
The move comes as Ant, a global leader in digital payments, is readying to go public in what could be an offering worth up to a record $35 billion
Starbucks and McDonald’s reportedly not testing China’s digital yuan
14.10.2020
Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC
Retail investors will ‘undoubtedly’ move to Bitcoin, says Fidelity
13.10.2020
A “new wave of retail investors” is waiting to adopt digital assets
Ternio Joins Visa’s Fast Track Program As New Enablement Partner
13.10.2020
ATLANTA, GA – October 13th, 2020. The global fintech platform Ternio, announced today that it has joined Visa’s Fast Track program as a cryptocurrency focused enablement partner. By becoming part of Visa’s Fast Track program, Ternio will be able to make it quicker and easier...