Digital Payments

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...

By undefined undefined

Oct 5, 2022 at 5:49 p.m. UTC

Oct 5, 2022

CDTVcbdcHash clipSWIFTInteroperabilityDigital Payments

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.

By Sandali Handagama

Feb 18, 2021 at 10:38 p.m. UTC

Feb 18, 2021

StellarPilotBermudaDigital DollarDigital PaymentsGlobal Macro

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.

By Jaspreet Kalra

Dec 21, 2020 at 3:03 p.m. UTC

Dec 21, 2020

IndiaDigital Payments

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...

By Jaspreet Kalra

Dec 9, 2020 at 4:00 a.m. UTC

Dec 9, 2020

GoogleWalmartIndiaDigital Payments

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.

By Sebastian Sinclair

Nov 27, 2020 at 6:20 a.m. UTC

Nov 27, 2020

FacebookLibraDigital Payments

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?

By Sandali Handagama Jaspreet Kalra

Nov 25, 2020 at 1:00 p.m. UTC

Nov 25, 2020

CensorshipIndiaTechnologymediaCoinDCXDigital Payments

Policy

China

Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years

Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.

By David Pan

Nov 19, 2020 at 11:23 p.m. UTC

Nov 19, 2020

ChinaGoldman SachsAlibabaDCEPDigital Payments

Policy

Europe

ECB President: Europe Has Fallen Behind in the Digital Payments Race

European Central Bank President Christine Lagarde said a digital euro can place the region at the cutting edge of innovation but it may have fallen behind in the global compet...

By Sandali Handagama

Sep 11, 2020 at 6:00 a.m. UTC

Sep 11, 2020

EuropeECBcbdcChristine LagardeEuroDigital Payments