Bitcoin Lightning on Coinbase agenda, Brian Armstrong tells Jack Dorsey
Armstrong confirmed that Coinbase was looking into adding support for Bitcoin Lightning while reassuring his support for Bitcoin payments. Go to Source Powered by WPeMatico
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Existential threat? Why some banks are anxious about CBDCs
The prospect of a retail CBDC has some major banks anxious over their revenue streams. Go to Source Powered by WPeMatico
FedNow Service has no relation with CBDCs, Federal Reserve clarifies
The Federal Reserve certified the FedNow Service as “ready,” after it onboarded 41 financial institutions, 15 service providers and the U.S. Department of the Treasury to test out the system, before its launch by the end of July 2023. Go to Source Powered by WPeMatico
South Korean central bank charts out future course of payment systems, CBDC
The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country. Go to Source Powered by WPeMatico
United Kingdom’s digital pound meets public backlash — Why?
The use of physical currency for transactions is plummeting globally, so why is the U.K. so tentative with its own central bank digital currency? Go to Source Powered by WPeMatico
Telegram Wallet bot enables in-app payments in Bitcoin, USDT and TON
Wallet, a custodial wallet bot on Telegram, says that merchants should sort out for themselves whether their jurisdictions allow them to accept payments in crypto. Go to Source Powered by WPeMatico
Lightning Labs releases tools letting AI transact and hold Bitcoin
AI models such as ChatGPT could soon get the ability to buy, sell, and use Bitcoin on the Lightning Network. Go to Source Powered by WPeMatico
Crypto-friendly DBS Bank launches digital yuan payment tool
Crypto-friendly bank DBS has conducted the first e-CNY transaction for corporate clients, involving a catering company in Shenzhen. Go to Source Powered by WPeMatico
Bitcoin salary: Employees choose crypto paychecks amid economic instability
Volatility among some fiat currencies has made stablecoins like USDC a more attractive option for payroll, according to HR executives. Go to Source Powered by WPeMatico
Italy’s central bank calls for framework to prevent stablecoin runs
Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.” Go to Source Powered by WPeMatico