The Philippine Central Bank (PBC), the country’s central bank, will continue to monitor digital currencies closely and is in the process of introducing its central bank digital currency (CBDC). According to a report in the Philippine Daily Inquirer, the Philippine…
The U.S. Federal Reserve, the world’s largest bank by assets, has opened the door to keeping cryptocurrencies in its bank accounts on behalf of the customers. The official note, released Wednesday, said such custodian services represent a “significant increase” in…
A criminal offense under the law, including the use of a computer, computer equipment or computer hardware in a public place, according to the lawmakers, who will hold tomorrow the second reading of the bill. The Financial Market Committee of…
Mastercard announced a new deal with one of the world’s largest digital currency exchange Wirex on Monday to bring more cryptocurrency and fintech companies into its card-issuing network to expand their services alongside. The payments giant said in a press…
PayPal, one of the most significant payments giant, has subsequently teamed up with Paxos Crypto Brokerage firm to launch its own crypto service, the New York Times reported Tuesday. The Wall Street Journal reported on Tuesday, citing two people familiar…
Former Finance Minister Subhash Chandra Garg, a former member of the Indian Parliament, has told the Indian crypto community that crypto investments should be regulated as commodities. But he stands by his previous position that Bitcoin and other cryptocurrencies should…
According to a July 14 Nikkei report, the Japanese government will include the Central Bank Digital Currency (CBDC) and the Japan Bank for International Development (JBID) in its formal economic plan. According to media reports, the Japanese government plans to…
Japan’s third-largest bank by assets and the world’s second-largest by market capitalization, UFG, is subsequently planning to issue its cryptocurrency by the second half of 2020. Japan’s largest financial institution, Mitsubishi UFJ Financial Group, is reportedly planning to release the MUFG…
The payments giant PayPal has revealed that it is developing cryptocurrency capabilities with its new payment processing platform, PayPal Pay. In a post to the European Commission in March, PayPal said like it was monitoring the evolution of the crypto…
It is now possible to send Bitcoin to an unconnected identity and buy pretty much anything from a retailer, while at the same time maximizing your privacy and adhering to financial rules. Bitcoin and light payments, first outlined in a…
Expedia offers more than 700,000 accommodations for cryptocurrencies on its cryptocurrency platform Travala.com. In a communication shared on July 6 by Travala.com, the company has added “more than 300 hotels, restaurants, and other crypto-operated travel platforms” to its list of…
The Bank of Japan announced on Thursday that it was experimenting with a digital central bank currency (CBDC) to test its feasibility from a technical point of view. On Thursday, it announced that it was experimenting with the Bank of…