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UK’s GCHQ raises fears of China’s digital renminbi project
The UK signals intelligence agency GCHQ has warned that China’s digital renminbi, risks becoming a tool to surveil users and exert control over global currency transactions. In an interview with... read more
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Japanese mega consortium set to test Yen based digital currency
A consortium of 70 Japanese firms, including the country’s three largest banks, says it will aim to launch a yen-based digital currency in 2022 after beginning trials in coming months.... read more
The post Japanese mega consortium set to test Yen based digital currency appeared first on Payments Cards & Mobile.
Could the Boston Fed and MIT digital currency displace crypto in the US?
How soon can the Fed create an effective central bank digital currency? Last year the Boston Fed asked researchers at MIT to embark on a project to build and test... read more
The post Could the Boston Fed and MIT digital currency displace crypto in the US? appeared first on Payments Cards & Mobile.
Visa and cryptocurrency: Inside the networks digital currency plans
It’s been on the cards for some time, but 2021 is finally seeing established payment companies take the opportunities of cryptocurrency seriously, and among those taking a serious look at... read more
The post Visa and cryptocurrency: Inside the networks digital currency plans appeared first on Payments Cards & Mobile.
Amazon pushes further into financial services with digital currency launch plans
There have now been multiple reports surrounding the growing claims that Amazon is preparing for the launch of a new digital currency for use on its own platforms and marketplaces.... more
The post Amazon pushes further into financial services with digital currency launch plans appeared first on Payments Cards & Mobile.
