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Tag Archives: payments

Conference on “The Macroeconomic Implications of Central Bank Digital Currencies,” CEPR/ECB, 2023

Conference jointly organized by CEPR’s RPN FinTech & Digital Currencies and the European Central Bank. Welcome speech by Piero Cippolone, keynote by Fabio Panetta. Organizers: Toni Ahnert, Katrin Assenmacher, Massimo Ferrari Minesso, Peter Hoffmann, Arnaud Mehl, Dirk Niepelt. CEPR’s conference website. ECB’s website with videos. Website with pictures.

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Kanton Zug Increases Maximum Tax Payment Amount With Cryptos to CHF 1.5 Million

The Canton of Zug is increasing the transaction limit for tax payments with the cryptocurrencies Bitcoin and Ether from CHF 100,000 to CHF 1.5 million with immediate effect. This measure will facilitate access to digital means of payment and meet the increasing needs of Zug’s population and companies. Heinz Tännler “We are proud that the Canton of Zug has been a pioneer in the use of cryptocurrencies for years. With the increase in the transaction limit, we are...

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Swiss Central Bank Payment Vision Outlining Focus on DLT, Tokenization and Instant Payments

The Swiss National Bank (SNB) has shared how it intends to “future-proof” the domestic payment ecosystem, outlining its ambition to leverage technologies and processes including tokenization and distributed ledger technology (DLT) to establish an “efficient, reliable and secure ecosystem” that’s geared towards “the future of cashless payments in Switzerland,” SNB governing board member, Andréa Maechler, said during an event on March 30, 2023. The payment system is...

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Digital Money and Finance: What’s New?

CEPR/SUERF/CB&DC webinar with Darrell Duffie, Todd Keister, Harald Uhlig, Dirk Niepelt. Youtube Digitisation rapidly changes money, banking and finance. Are these changes fundamental and radical—or part of a continuous process of technological progress and efficiency improvement? Do academics have to re-think money, banking and finance—or do conventional theories apply? And do finance professionals and regulators need to re-assess their frameworks and tools to keep up with the...

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Webinar on “Digital Money and Finance: What’s New?,” CEPR/SUERF/CB&DC, 2023

CEPR/SUERF/CB&DC webinar with Darrell Duffie, Todd Keister, Harald Uhlig, Dirk Niepelt. Youtube Digitisation rapidly changes money, banking and finance. Are these changes fundamental and radical—or part of a continuous process of technological progress and efficiency improvement? Do academics have to re-think money, banking and finance—or do conventional theories apply? And do finance professionals and regulators need to re-assess their frameworks and tools to keep up with the...

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Roll Out of Digital Euro Could Transform Payments in Germany

A digital programmable euro is essential for innovative business models in Germany, according to the Frankfurt School Blockchain Centre (FSBC). The FSBC is a think tank and research centre focusing on the business implications of blockchain. It published the “The Programmable Euro: Review and Outlook” report on behalf of the Finanzplatz München Initiative (fpmi), highlighting the use cases of the digital programmable euro, a blockchain-based euro that enables...

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Facebook Pay To Be Available to Online Retailers Starting With Shopify

With digital payments picking up pace across the globe, social media giant Facebook is extending its payment services to online retailers. Shopify has become the first e-commerce platform to sign up for Facebook Pay. This will allow Shopify merchants to offer Facebook Pay as a payment option during checkout, eliminating the need to re-enter payment information for every transaction. Prior to this, Facebook Pay, which was launched in 2019, was available for its main...

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PayPal Allows American Customers to Use Cryptocurrencies for Purchases

PayPal announced the launch of Checkout with Crypto, where US customers will be able to choose to check out with crypto seamlessly. Building on the ability to buy, hold and sell cryptocurrency with PayPal, customers using Checkout with Crypto can check out safely and easily, converting cryptocurrency holdings to fiat currency, with certainty of value and no additional transaction fees. Checkout with Crypto will automatically appear in the PayPal wallet at checkout...

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