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Nalezeno "Payment Systems": 64

Central Bank of China Calls for Increasing Use of Digital Yuan


The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes that deeper interconnection with traditional e-payment platforms will make the digital yuan more convenient for consumers....

Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions


Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed Russians to pay abroad after major processors restricted their services in the country. Visa and Stripe Halt...

Bank of Zambia Expects to Complete CBDC Study in Q4


The Bank of Zambia has said it expects to complete its study seeking to determine the feasibility of launching a Central Bank Digital Currency (CBDC), before the end of the last quarter of 2022. Narrowing the Financial Exclusion Gap The Zambian central bank has said it expects to complete...

How Dare Neopets Taint My Childhood With NFTs


The Neopets developers recently revealed on their website that they are creating NFTs for over twenty thousand customized pets, all in partnership with several blockchain companies. So far, the public response from past and present community members has been overwhelmingly negative. Read more

New Visa Card Allows Bakkt Users to Spend Bitcoin in Stores and Online


Customers using the Bakkt app can now apply for a debit card which will enable them to pay with bitcoin at merchants that don’t currently take crypto. The virtual Visa card can be added to Apple Pay or Google Pay to purchase items at thousands of retailers supporting the mobile payment...

The Regulations That Could Help Reduce Bitcoin’s Carbon Footprint


The price of bitcoin has hit record prices this month, and that’s bad news for the climate. As the price of the currency shoots up, so does the energy consumption as people are incentivized to mine more bitcoin. And a new paper published Wednesday in the journal Joule estimates that by the end...

How to Fix Crypto Art NFTs' Carbon Pollution Problem


The “crypto-” carbon crisis is evolving. And after years of low-key use, art and collectibles tied to what are known as non-fungible tokens (NFTs) have exploded into the global discourse as the Next Big Thing. Embedded with it, though, is an existential tension.Read more

Role of Digital Currencies In Core Payment Systems Post COVID-19 Crisis


While celebrating the start of a new decade, who would have thought that the world population is heading towards one of the biggest healthcare calamities of all time. The year 2020 has successfully placed itself in the list of one of the most unfortunate years in history due to the outbreak...

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