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The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent Russians from using “money surrogates” as officials have previously called cryptocurrencies. Bank of Russia […]Powered by WPeMatico
On July 4, 2020, the Bitcoin Cash proponent Cain published an interview with the blockchain developer, Shammah Chancellor, about a new project called Stamp Chat. At its basic level, “Stamp is a prototype of a layer-2 private messaging and payment system on Bitcoin Cash. It implements stealth [plus] confidential transactions on top of Bitcoin Cash […]
The post Developer Reveals Layer-Two Private Messaging and Payment System on Bitcoin Cash appeared first on Bitcoin News.
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Banco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. The project aims to limit the use of paper money and […]
The post In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix appeared first on Bitcoin News.
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With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan indicate its main purpose will be to substitute […]
The post Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan appeared first on Bitcoin News.
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FOIN, a cryptocurrency company and a developer of the transparent payment system FoPay, announced the strategic partnership with Cyclebit, a crypto payment solutions provider. According to the official information, starting from that day, FOIN, the decentralized peer to peer cryptocurrency for the finance sector, along with 20 other top cryptos are accepted at more than 200,000 points of sale in Europe, Asia, and Canada. Now, FOIN holders can use their digital assets to make purchasing in stores, cafes, restaurants, and even service companies (e.g. barber shops).
The post FOIN Allows Merchants to Accept Crypto Payments In-Store appeared first on Bitcoin News.
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Ron Paul, the muckraking former congressman from Texas, is stirring things up once again, this time taking aim at the new real-time digital payment system proposed last week by the U.S. Federal Reserve. Presented as an innovative solution by government and media voices, the cryptosphere received the news of the Fednow program with little more […]
The post Ron Paul Slams Fednow Payment System and Encourages Crypto Competition appeared first on Bitcoin News.
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Uruguay, nicknamed South America’s Switzerland, has always taken a positive attitude towards the development of science and technology and information economy as well as science and technology services, thus becoming the first Latin American country to step into 5G information this year. Miss Foo, founder and CEO of SCRY, has good business connections in the supply chain of agricultural and mining industries in Uruguay. In his meeting with the former Uruguayan president, Luis Alberto Lacalle Herrera and many business leaders and partners, Eva Foo has conducted in-depth exchanges and discussions about the latest application progress of blockchain technology in payment system, financial settlement and intelligent contract data automation.
The post PR: Uruguayan President Meets With the Founder of SCRY appeared first on Bitcoin News.
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Queensland, Australia is giving away millions with its Ignite Ideas fund. This week, it posted details regarding the AUD$8.3 million grant ($6.1 million USD). Something like 70 regional companies shared the bounty, including a cryptocurrency startup, Travelbybit, which managed to snag AUD$100,000 on its way to promoting tourism using crypto. Also read: Bitcoiners Hope to […]
The post Queensland, Australia Invests Portion of its $6.1Mil Ignite Ideas Fund in Crypto Startup appeared first on Bitcoin News.
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CoinPayments, a global cryptocurrency payment processor, announces start of a token airdrop campaign for its users until August 1 #SPONSORED
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The prospect of transferring an entire national payment system to blockchain technology deserves attention and we are covering the story in today’s Bitcoin in Brief. Reports that Russia may transform its version of SWIFT as early as next year coincided with the news that the US banking giant JP Morgan has applied for a blockchain […]
The post Bitcoin in Brief Tuesday: Bank Wires, Tickets, and Diplomas on Blockchain Tech appeared first on Bitcoin News.
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