PAYMENT Archives - Page 6 of 26

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India moves forward with digital rupee

February 2, 2022 Comments are Disabled

India’s government said yesterday it plans to launch a digital version of its national currency later this year or in 2023. The country’s finance minister, Nirmala Sitharaman, said in her […]

Just rubble from the crypto bubble

January 24, 2022 Comments are Disabled

In the latest New Money Review podcast, technologist Martin Walker tells Paul Amery how the cryptocurrency bubble has wasted huge amounts of capital and is only one of several interconnected […]

Fed suggests ID-based digital dollar

January 21, 2022 Comments are Disabled

The US central bank has set out its thoughts on a possible future digital currency (CBDC) in a widely awaited discussion paper, released yesterday. In the paper, the Federal Reserve […]

Russia’s central bank wants outright ban on cryptocurrency

January 20, 2022 Comments are Disabled

Russia’s central bank, the Bank of Russia, has called for a ban on cryptocurrency, including the issuance, trading, investment in and mining of these digital assets. In a 37-page consultation […]

Crypto ads banned in Singapore, litter London

January 17, 2022 Comments are Disabled

The Monetary Authority of Singapore (MAS) today issued stringent new rules banning cryptocurrency firms from promoting their tokens to the general public in the city-state. But in London crypto ads […]

Growing East-West divide on central bank digital currency

January 13, 2022 Comments are Disabled

As China launches its state digital currency, the US and UK appear to be stepping away from the idea. Full steam ahead in China Last week China took another big […]

Public infrastructures can prevent big tech money grab

January 11, 2022 Comments are Disabled

Public infrastructures such as government identity schemes and payment systems can help address the risk of a big tech takeover of the digital economy, the Bank for International Settlements (BIS) […]

UK e-money firms are financial crime risk, watchdog warns

December 14, 2021 Comments are Disabled

During the last decade the UK has become a global leader in financial technology (fintech), attracting a volume of investment that’s second only to the US. Light-touch regulation—meant to help […]

Unstable DeFi could trigger wider crash, warns BIS

December 6, 2021 Comments are Disabled

The booming decentralised finance (‘DeFi’) market suffers from an existential problem, says the Bank for International Settlements (BIS): it isn’t decentralised. Meanwhile, the contagion risks from DeFi to the rest […]

Fed says stablecoin risks are growing

November 9, 2021 Comments are Disabled

The US central bank has warned of growing risks in the stablecoin sector. In its half-yearly Financial Stability report, released yesterday, the Federal Reserve said that stablecoins pose a growing […]

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India moves forward with digital rupee

Just rubble from the crypto bubble

Fed suggests ID-based digital dollar

Russia’s central bank wants outright ban on cryptocurrency

Crypto ads banned in Singapore, litter London

Growing East-West divide on central bank digital currency

Public infrastructures can prevent big tech money grab

UK e-money firms are financial crime risk, watchdog warns

Unstable DeFi could trigger wider crash, warns BIS

Fed says stablecoin risks are growing

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