Payments News
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Systems

Cash May Not Be King, but It’s Still Royalty

“Yet digital’s gain isn’t necessarily coming at the expense of cash. The overall pie still appears to be growing. Only two countries, Russia and Sweden, had a net substitution of cards for cash from 2007 to 2016, with cash in circulation shrinking as card payments grew, according to the Bank for International Settlements. In other […]

On The Web

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Systems

Russia and Venezuela’s Plan to Sidestep Sanctions: Virtual Currencies

“Russian and Venezuelan officials are hoping virtual currencies can help their countries make an end run around American sanctions. Both governments, with ambitions to create state-sponsored cryptocurrencies, are looking to take advantage of the promise that Bitcoin introduced to the world financial system: a new kind of money and financial infrastructure, outside the control of […]
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Systems

Coinbase Lists Controversial Cryptocurrency XRP, Price Jumps 10%

“Coinbase plans to add XRP, one of the world’s most controversial cryptocurrencies, to the list of virtual coins traded on its exchange, the company said Monday. XRP is a digital asset tied to a blockchain ledger that’s used for cross-border payments. The virtual coin has provoked controversy for its tangled history with Ripple, a startup that owns the vast […]