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Category: Payments
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Miami commissioner wants to let residents pay taxes in Bitcoin
A new resolution would establish a task force to study crypto in Miami-Dade county’s public administration.
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US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week
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European Central Bank releases results of digital euro consultation
Privacy concerns regarding the digital euro abound as the European Central bank test the waters for a central bank digital currency.
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Citi and IADB complete cross-border payment pilot with blockchain tech
IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network.
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Sweden’s central bank completes first phase of digital currency pilot
The Riksbank said that CBDC technology still requires further investigation.
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Indian IT giant Tech Mahindra to launch stablecoin tool for banks
Tech Mahindra wants to provide U.S. banks with a stablecoin solution after the OCC authorized federally chartered banks to use stablecoins for settlement in January.
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Bank of Japan begins first digital currency proof of concept
The first phase of Japan’s CBDC pilots will be completed by March 2022, the central bank states.
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Digital euro could take four years, says ECB president Christine Lagarde
The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said.
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Scottish music school accepts cryptocurrency as payment for lessons
An Edinburgh music school will begin to accept tuition payments in the form of cryptocurrency.
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