Digital Payments


Policy

Ripple Obtains In-Principle Approval for Major Payments Institution License in Singapore

Authorities in Singapore have awarded 190 Major Payment Institution Licenses, with 11 going to Digital Payment Token companies.

Singapore, view of Marina Bay with Gardens By The Bay manmade trees in the background (SoleneC1/Pixabay)

Videos

Financial Messaging System SWIFT Says It Has Proved It Can Lead Global CBDC Framework

SWIFT, a key part of the conventional financial system that helps make cross-border payments between banks, has presented a framework for a global central bank digital currency (CBDC) system, claiming to have solved the challenge of interoperability between different networks. “The Hash” hosts discuss what this means for the future of digital payments.

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Finance

Digital Payments Firm Flexa to Buy Drop Party to Engage With Customers

Drop Party uses merchandise drops to connect brands and consumers

(d3sign/Getty Images)

Finance

Coinbase's Trading Launch in India Hits Snag With Payments System

The entity that governs UPI, India's payment system, say it's "not aware" of any crypto exchange using the system.

Bangalore, Karnataka, India (Abdullah Ahmad/Unsplash)

Policy

Digital Euro Isn’t Guaranteed After Experiment, ECB Advisor Says

The European bank’s two-year digital euro experiment will focus on a retail CBDC.

FRANKFURT AM MAIN, GERMANY MARCH 27: (BILD ZEITUNG OUT) Sculpture with the euro logo in front of the European Central Bank building on March 27, 2020 in Frankfurt am Main, Germany. (Photo by Mario Hommes/DeFodi Images via Getty Images)

Markets

Bermuda to Pilot Digital Dollar for Rum Sales

The pilot is the latest development in Bermuda’s plan to create a comprehensive crypto payments system.

Bermuda

Policy

India's State-Led Payment Network Is Growing. Now Nation Wants to Export It

India’s state-led payments system, United Payments Interface (UPI), was first rolled out in 2016 and is currently used by 175 million people.

India

Markets

India’s State-Regulated Digital Payments Network Is Dominated by Google and Walmart

A shared payments infrastructure initiated by the state and joined by major Indian banks, the United Payments Interface (UPI) accounted for over 2.2 billion transactions in November.

Mumbai, India (Shutterstock)

Markets

Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report

Libra might eventually get off the ground as early as January albeit in a more limited format.

Facebook Libra

Policy

In India, a Clash of Digital Innovation and Internet Censorship

Among democracies, the Indian government tends to shut down the internet most frequently. Can crypto thrive in this environment?

(Danshutter/Shutterstock)

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