Australia is planning to regulate digital payment platforms, including Apple Pay and Google Pay, under new laws that will give the Reserve Bank additional powers. This move aims to provide more oversight and control over these platforms. Meanwhile, Mastercard has conducted successful trials with central bank digital currency (CBDC) payments, demonstrating that CBDCs can be wrapped and used to purchase items on non-native blockchains. Mastercard's solution enables CBDCs to be interoperable with different blockchains. The company has also wrapped up a CBDC pilot with the Reserve Bank of Australia.
Mastercard successfully wraps up CBDC pilot with Reserve Bank of Australia https://t.co/xzeY6ceQo9
Mastercard has announced that it has demonstrated a new solution that enables central bank CBDC to be interoperable with different blockchains. https://t.co/NRQbJBEwls
JUST IN: Mastercard conducts successful trials with CBDC payments.
š£ Latest News: Mastercard announces successful wrapped CBDC trial results #news #cryptonews #crypto
Through its partners, Mastercard demonstrated that CBDCs can be wrapped to purchase items on non-native blockchains. https://t.co/RAPSQRG6Cd
ā ļø Daily CBDC Update š³ Mastercard demonstrated CBDC interoperability, allowing tokenization of CBDCs onto blockchains The system showed how a CBDC holder can buy an NFT on Ethereum via token conversion https://t.co/lY1jnunG86 šļø Subscribe for more reporting:ā¦ https://t.co/MjN401HRTm https://t.co/3YzkouJAGi
Australia plans to regulate digital payment platforms including Apple Pay and Google Pay under new laws that provide the Reserve Bank with additional powers https://t.co/Lg0NVb2LLT
Australia plans to regulate digital payment platforms including Apple Pay and Google Pay under new laws that provide the Reserve Bank with additional powers https://t.co/nqEHE5wvu5