According to the analysis by the MIT Technology Review, the Massachusetts Institute of Technology, the use of electronic money is not an alternative to completely replace cash because, after the experiences put in place, digital money has failed to offer the same combination of freedom and ease of…
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Chinese DC / EP digital currency will not be launched in November
The Chinese digital currency DC / EP would be distributed in Alibaba, Tencent and Union Pay according to reports published by the media. Before this, the People's Bank of China clarified that these companies would not be the first…
Central Reserve Bank of Peru wishes to issue its own cryptocurrency
Within the framework of the cryptographic ecosystem and the rise of electronic means of payment, traditional banks have been forced to weigh the possible issuance of a digital currency or Central Bank Digital Currency (CBDC) to guarantee…
Bank of America foresees a cash-free society
The banking sector is accepting that digital currencies and cashless payment solutions are the future of the ecosystem. Therefore, Bank of America joined the unstoppable tendency to develop a cash-free society.
At present, several…
Switzerland still prefer paper money
In a global scenario characterized by electronic commerce, digital payment methods, cryptocurrencies, blockchain technology and mobile applications that facilitate transactions in a few minutes, Switzerland seems to prefer fiat money. In…
Coinbase launches Visa debit card in Europe
The US-based exchange platform Coinbase unveiled the news of the launch of a Visa debit card in Spain, Germany, France, Italy, Ireland and the Netherlands.
Customers who reside in these six European countries can use TDD to pay in physical…
LocalBitcoin removes cash-for-crypto trading option
Users of the Reddit platform reported that the LocalBitcoin company withdrew the option to purchase cryptocurrencies person to person (P2P) with cash.
The allegations ensure that said option is no longer available within the platform,…
Peru inaugurates crypto minimarket
The world is currently experiencing the cryptocurrency boom. The economy and finance is facing an increasing adoption of payment systems with bitcoin, dash, litecoin, ethereum, ripple and other cryptographic currencies.
Peru is inserted in…
Coinstar reaches 21 regions of the United States.
The network of Coinstar cryptocurrency machines, mostly located in supermarkets and pharmacies, continues to expand its ATM points and there are already at least 100 in 21 areas of the United States.
This service, which was created thanks…
Mastercard brings contactless payment system to Uruguay
Uruguay enjoys the Mastercard contactless payment system as an alternative to the worldwide trend of reducing the use of cash. The company that provides credit and debit cards promises to bring other innovations based on artificial…
Shortage of cash in Venezuela gets worst with blackout
After the blackout of last Thursday afternoon, some areas of Caracas had electric service for hours and intermittently. Over the weekend Venezuelans made an effort to buy some food products.
The reality is really complex since the point of…
Sweden runs out of cash
Technological advances have reached the traditional banking system to transform the way users perform various transactions. Each time fewer people go to a physical agency to pay for services or make deposits. The trend is called cashless…