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Digital Payments

Singapore, view of Marina Bay with Gardens By The Bay manmade trees in the background (SoleneC1/Pixabay)
Policy
Ripple
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)
By Sam Reynolds
Jun 22, 2023 at 2:08 a.m. UTC
Jun 22, 2023
RippleSingaporeMonetary Authority of SingaporeMASdigital payment tokenDigital PaymentsStu AlderotyStuart alderoty
Financial Messaging System SWIFT Says It Has Proved It Can Lead Global CBDC Framework
Video
Cdtv
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 currenc...
Financial Messaging System SWIFT Says It Has Proved It Can Lead Global CBDC Framework
By CoinDesk Staff
Oct 5, 2022 at 5:49 p.m. UTC
Oct 5, 2022
cdtvCBDCHash clipSWIFTInteroperabilityDigital Payments
(d3sign/Getty Images)
Finance
Flexa
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)
By Michael Bellusci
Jun 10, 2022 at 1:48 a.m. UTC
Jun 10, 2022
FlexaNFTsDigital PaymentsPayments Network
(Abdullah Ahmad/Unsplash)
Finance
India
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.
(Abdullah Ahmad/Unsplash)
By Amitoj Singh
Apr 7, 2022 at 5:02 p.m. UTC
Apr 7, 2022
IndiaCoinbasePolicyDigital PaymentsRBIUPI
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)
Policy
Cbdcs
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)
By Sandali Handagama
Sep 15, 2021 at 4:21 p.m. UTC
Sep 15, 2021
CBDCsDigital EuroECBDigital PaymentsBanking Regulation
Bermuda
Markets
Stellar
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
By Sandali Handagama
Feb 18, 2021 at 10:38 p.m. UTC
Feb 18, 2021
StellarPilotBermudaDigital DollarDigital PaymentsGlobal Macro
India
Policy
India
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
By Jaspreet Kalra
Dec 21, 2020 at 3:03 p.m. UTC
Dec 21, 2020
IndiaDigital PaymentsGlobal
Mumbai, India (Shutterstock)
Markets
Google
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 No...
Mumbai, India (Shutterstock)
By Jaspreet Kalra
Dec 9, 2020 at 4:00 a.m. UTC
Dec 9, 2020
GoogleWalmartIndiaDigital Payments
Facebook Libra
Markets
Facebook
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
By Sebastian Sinclair
Nov 27, 2020 at 6:20 a.m. UTC
Nov 27, 2020
FacebookLibraDigital Payments
(Danshutter/Shutterstock)
Policy
Censorship
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)
By Sandali HandagamaJaspreet Kalra
Nov 25, 2020 at 1:00 p.m. UTC
Nov 25, 2020
CensorshipIndiaTechnologyMediaCoinDCXDigital Payments