Payment system news - Page 4905 of 4916 - Страница 4905
PayPal expands opportunities for working with cryptocurrencies
The world’s largest payments company, PayPal, said it will expand its digital tools experience. This information is contained in a letter sent to the European Commission, notes The Block.
Bank of England: we are considering the issue of cryptocurrency
The Bank of England is considering issuing a national digital asset. This was stated by the head of the regulator, Andrew Bailey, speaking to students on Monday.
In Singapore, created a blockchain network for instant payments
Developers from Singapore have developed a blockchain network that will allow for faster and cheaper international settlements. For this purpose, the Monetary Authority of the country entered into a partnership with the local investment company Temasek and the largest banking holding J.P. Morgan Chase Co.
G20 will develop the legal basis for digital payments
Representatives of the G20 countries have begun work on the creation of a regulatory framework that will subsequently allow the legal payment of digital payments along with the use of fiat funds.
CFTC calls cryptocurrency management a priority
The United States Derivatives Exchange Commission (CFTC) will develop cryptocurrency regulation standards, according to the regulator’s strategy for the next four years. In particular, a legal framework will be created to promote innovative tools.
90% of investors are concerned about the safety of bitcoins in case of their death
89% of digital tool holders are concerned about what will happen to their virtual accumulations after death. Such data are presented in a study by the US Cremation Institute, which involved 1,150 residents.
Digital yuan tested on passengers of “Chinese Uber”
Chinese taxi aggregator DiDi said it will test the digital yuan on its passengers. This will be possible thanks to cooperation with the Research Institute, a division of the country’s main financial regulator.
Cryptocurrency tightening policy: FATF to discuss changes in October
The Financial Anti-Money Laundering Measures Development Group (FATF) will hold a meeting with representatives of the Big Twenty (G20) in October, the main theme of which will be the issue of tightening the regulation of the crypto industry.
Iran miners must get a license from the authorities within a month
Only registered miners will be able to continue operations in Iran, said Iran’s First Vice President Eskhak Jahangiri. In order to legally carry out production in the region, it is necessary to obtain a special permit within a month.
Visa crypto head Kai Sheffield: CBDC will determine the future
The activities of central banks in the issuance of national digital assets (CBDC) will determine the future of the financial system in the future, according to the lava of the crypto-division of payment giant Visa Kai Sheffield. He noted that the position of the authorities will outline a scenario for the development of such tools (for example, their availability to the public, data privacy).
