Wednesday, August 17, 2022

Payments

CBDC Could Be ‘Holy Grail’ of Cross-Border Payments, ECB Says, Sees...

Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the “holy grail,” according to the European...

European Central Bank bets on CBDCs over BTC for cross-border payments

ECB’s interest in identifying the best cross-border payment solution stems from the fact that it serves as the central bank of the 19...

Croatian retail giant sees rise in crypto payments despite the bear...

Croatia has been enjoying the growing cryptocurrency adoption despite the ongoing crypto winter, Konzum's director of business applications Ines Barbir said. Source link

Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700

New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as...

The Costa’ Bitcoin on the rise: Major chains give Gibraltar a...

Major franchises in Gibraltar including Costa Coffee, the Card Factor and Hotel Chocolat now accept Bitcoin over the Lightning Network or on-chain. ...

Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for...

The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be the only legal...

Workers in volatile economies most likely to take pay in crypto:...

There has been an increase in employee crypto payments for the first half of this year despite the market crash, according to Deel. Source...

Technicals suggest Bitcoin is still far from ideal for daily payments

Even with the rise of layer-2 solutions, many experts believe Bitcoin may have missed the boat as a currency for day-to-day remittances go....

ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means...

Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have...

Vladimir Putin signs bill banning digital assets as payments into law

Russia’s Parliament is also considering two other bills related to digital assets: regulating miners’ activities, and requirements for firms handling crypto transactions. Source link...