payments-banking

A new paper published by the Federal Reserve on Wednesday lays out some of the preconditions by which the U.S. central bank might consider launching a digitized version of the dollar.

The Fed's service status page shows most of its services are currently down, including its settlement system FedWire.

UK-based bitcoin payments app Bottlepay has closed an £11 million seed round from investors including acclaimed fund manager Alan Howard.

The Sand Dollar, a digital currency issued by The Bahamas' central bank, is at the center of a new prepaid card arrangement involving Mastercard.