Search Results for "major payment institution licence"
JP Morgan Research: Blockchain Mainstream Years Away, Libra's Hurdles and Bitcoin Hedging
JP Morgan has been one the earliest advocates and adopters of blockchain technology among the major financial institutions and continues to lead many other enterprises in the space. However, a new report by the American institution indicates that while the infrastructure for a digital economy is being developed globally, mainstream adoption is unlikely for at least a few years.
Calibra CEO Defends Libra at Its First Major Encounter with 26 Global Central Banks
David Marcus, the CEO of Calibra, behind Facebook’s Libra has announced that the proposed stablecoin would not be a threat to the monetary sovereignty of nations as suggested previously by regulators.
100 Million: You Can Apply Swiss New FinTech licence Permitting to Accept Public Deposits of Up to 100 Million Next Year
From 2019, interested parties can apply for the new FinTech licence. The Swiss Financial Market Supervisory Authority FINMA is responsible for granting this licence. It has published guidelines aimed at simplifying the application process.
China’s Central Bank Partners with Commercial Banks and Telecom Giants to Test Digital Currency in Two Major Cities
New developments of China’s central bank geared towards testing its digital currency electronic payment (DCEP) in the cities of Shenzhen and Suzhou. The People’s Bank of China, the country’s central bank is on track to become the first central bank on the globe to issue a national digital currency.
Cardano Partners With COTI To Enable Merchant Transactions via ADA Payment Gateway
Cardano, an independent body, based in Zug, Switzerland just partnered with COTI, an enterprise-grade fintech platform, to create an ADA payment solution for merchants.
China’s Major State-Run Commercial Banks Test CBDC Digital Wallet
China’s major state-run banks are testing out its central bank digital currency (CBDC) digital wallet application. The Chinese central bank, having said that its CBDC, also known as digital currency electronic payment (DCEP), is “almost ready,” is finally moving a step closer to its official launch nationwide.
Ripple CEO Opens Swell Conference, Discussing Current Global Payment Landscape
Ripple CEO Brad Garlinghouse just opened Ripple Swell 2020, which focuses on the current global payment landscape.
XRP, Binance Coin, Dogecoin, and USD Coin Added to Pornhub’s Crypto Payment Options, Will This Pump XRP?
Pornhub has added new cryptocurrency options to its list of accepted payments, while removing other ones.
Bitcoin Sell-Off Incoming: Bitcoin Whales Return to Major Crypto Exchanges
CryptoQuant Alerts warns that Bitcoin whales are moving huge quantities of BTC onto major crypto exchanges indicating a huge sell-off could be imminent.