Category: Payments
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From PayPal to Libra: Big Tech Has Forced Central Banks to Wake Up to CBDCs, Says Benoit Coeure
Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to the head of the BIS Innovation Hub.
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US Company Now Lets Travelers Pay for Passports With Bitcoin
Payments for passport renewals and name changes are being processed by Coinbase Commerce.
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Ripple Files Trademark for Possible New Payments Service
The new title and logo suggest Ripple has another payments product in the works.
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Payments Provider BitPay Rolls Out Cryptocurrency Payroll Service
With the launch, BitPay now provides a new alternative to crypto payroll services such as BitWage.
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PayPal’s crypto trading goes live in the US
Customers will be able to trade up to $20,000 a week, rather than the originally announced $10,000.
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Deutsche Bank: Central bank digital currency will replace cash in long term
Deutsche Bank has called on Europe to accelerate the development of central bank digital currencies.
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Justice Department files antitrust lawsuit against Visa’s acquisition of Plaid
Monopolizing a market is legal in some instances, but not others.
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Chinese Payments Giant UnionPay to Support Crypto Spending With New Virtual Card
The world’s biggest credit and debit card company will support payments with a South Korea-developed cryptocurrency for an upcoming virtual card offering.
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PayPal Raises Crypto Buying Limit to $15K/Week for ‘Eager’ Customers
PayPal’s cryptocurrency products are going to expand rapidly in 2021, executives said on the company’s third quarter earnings call Monday.
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Mastercard President Says Crypto Patents Will Pay Off When Central Bank Digital Currencies Arrive
Crypto IP “puts us in a good position” for central bank digital currencies, said Mastercard President Miebach.