Currencies news and trends

SWIFT gpi Transferred Over $77T In 2019
Global Payments // February 11, 2020

Cross-border transfers over SWIFT’s global payments innovation (gpi) topped $77 trillion last year, almost double the $40 trillion that moved through the service in 2018, SWIFT announced on Tuesday (Feb. 11). The payments messaging firm also said it had over 3,900 gpi members and that...

Cloud Storage Subscription Providers Seek To Match Payments To Markets
Cross-border Payments // October 10, 2019

Cloud-based software subscriptions are highly desired in emerging markets, but consumers can still be hard to serve since access to traditional payment methods isn't always available. Tunio Zafer, CEO of cloud storage provider pCloud, explains how subscription businesses can localize payments to effectively engage and...

US Treasury Secretary Sees Libra As National Security Threat
Facebook // July 16, 2019

U.S. Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security...

Bitcoin’s Strength May Be Exercise in Folly
News // January 12, 2016

Should we be comforted or unnerved by the fact that bitcoin was the top performing currency last year? Probably a bit more of the latter than the former. The Money Project, which exists as a collaboration between Visual Capitalist and Texas Precious Metals, noted that...

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US Treasury Secretary Sees Libra As National Security Threat

July 16, 2019
U.S. Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.” “Cryptocurrencies such as bitcoin have been exploited to support […]