Payment system news - Page 4899 of 4924 - Страница 4899

The field of electronic commerce and money transfers is developing dynamically. New payment systems, cryptocurrencies, methods of payment, deposit and withdrawal of funds appear. All these changes cannot but affect the rates of world fiat and electronic currencies. To make it easier for our customers to monitor financial events in the world, we have created a news section. Materials on current events in the world of electronic money will be regularly published here, as well as news from our service. Have a nice time!

South African authorities will equate cryptocurrencies with financial products

Financial authorities in South Africa intend to equate digital currencies with financial products. The Financial Sector Supervisory Authority (FSCA) has already submitted a relevant regulation that will affect cryptocurrency service providers. For legal activity on the territory of the country, they will have to undergo compulsory registration.

27.11.2020 / Payment system news

Pantera Capital Names ‘Guilty’ Of Bitcoin Deficit

The launch of PayPal, a cryptocurrency service that allows customers to buy, sell and store digital currency directly from their accounts, has catalyzed the Bitcoin shortage, analysts at investment firm Pantera Capital say. The demand for the first cryptocurrency is also tracked in Square’s Cash App, which records the purchase of 40% of all issued bitcoins.

27.11.2020 / Payment system news

Xi Jinping to G20 participants: authorities’ attitude towards CBDC should be more friendly

President of the People’s Republic of China Xi Jinping called on the G20 participants to approach the adoption of digital instruments by central banks in a more friendly and open manner.

23.11.2020 / Payment system news

Grayscale Investments: Bitcoin is not a craze that will soon disappear

The strengthening of the rate of the first cryptocurrency is a consequence of the increased interest in the asset on the part of investors, says the head of Grayscale Investments, Michael Sonnenshine. He emphasizes that the current trend is not a temporary phenomenon that will soon disappear, but a confirmation of the resilience of this asset class.

23.11.2020 / Payment system news

Visa and Mastercard actively check issuers of their crypto cards

Payment giants Visa and Mastercard tightly control the card issuers involved in the cryptocurrency industry. Such companies must provide data on how to counter illegal activities and, in particular, fraud and money laundering through new financial instruments, before they are allowed to offer plastic to customers.

23.11.2020 / Payment system news

Citibank gave a forecast of Bitcoin growth to $ 318 thousand by the end of 2021

The head of the international bank CitiBank Tom Fitzpatrick called bitcoin “digital gold of the 21st century”, giving an optimistic forecast for the growth of the asset rate to $ 318,315 by the end of next year.

22.11.2020 / Payment system news

Crypto-regulatory legislation to appear in Kyrgyzstan

The authorities of the Republic of Kyrgyzstan announced the start of work on the creation of a regulatory framework that will regulate the cryptocurrency industry in the country.

17.11.2020 / Payment system news

Robert Bench: Privacy Critical in CBDC Development

State authorities involved in the development of national cryptocurrencies (CBDCs) should pay particular attention to confidentiality and identification. This was stated by the head of applied research at the Federal Reserve Bank of Boston, Robert Bench, speaking at a meeting of the Chamber of Digital Commerce.

17.11.2020 / Payment system news

US PayPal customers gain access to cryptocurrency

Residents of the United States of America who are customers of the PayPal payment system can now make transactions with cryptocurrencies. In particular, they have access to services for the purchase and sale of digital assets using the platform of understanding new exchange tools.

17.11.2020 / Payment system news

Bank of England: we will not protect financial institutions from digital currencies

The Bank of England does not intend to protect financial institutions from working with cryptocurrencies, said Deputy Governor John Cunliffe.

16.11.2020 / Payment system news