Singapore is aiming to boost cryptocurrency firms by offering them a chance to apply for operating licenses. The move, called the Payment Services Act, will allow global cryptocurrency firms the chance to expand their operations. It will also move Singapore into a more competitive space...
Bank of France Governor Francois Villeroy de Galhau said on Saturday (Jan. 25) that central banks should be in charge of issuing electronic currency, not private companies, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In a move that signals Tokyo’s concern regarding China’s effort to make a digital yuan, as well as Facebook’s Libra, a collection of ruling party legislators is crafting a proposal for Japan to create its own cryptocurrency. However, Japan is not likely to issue crypto...
To create a framework for the international governance of cryptocurrencies, the World Economic Forum (WEF) has reportedly formed a worldwide consortium. The Global Consortium for Digital Currency Governance will be geared toward the development of transparent, interoperable and inclusive approaches to policy to regulate the crypto...
Square, the payments provider operated by Twitter CEO Jack Dorsey, won a patent to debut new tech, allowing users with different assets to transfer payments, including crypto-to-fiat transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
To get a better handle on crypto – and to boost government coffers, perhaps – change the tax designation (and rules, of course). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
And now, for digital currencies, it’s a group effort — among central banks, that is. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Add Australia to the list of countries with central banks looking to bring fiat currencies into the digital realm — with some conditions attached. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Fortune favors the bold, goes the saying. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...
