What's New in Payments

Turkey unveils plans for a central bank-issued digital currency

Turkey puts central bank digital currency on new economic roadmap — Coin Telegraph — “The government of Turkey has included a central bank-issued digital currency in its 2019–2023 economic roadmap published on July 9… In addition to a central bank digital currency, the development plan lists blockchain adoption in the operations of transportation and customs.”


What's New in Payments

LG to launch ThinQ mobile wallet in the US?

LG applies for ‘ThinQ Wallet’ crypto wallet trademark in the US — Coin Telegraph — “According to the filing documents, the trademark is for services concerning transaction and settlement services, mobile banking, ‘issuance of cyber money’, and ‘payment application software for mobile phones’ among others. ThinQ is a brand first used for a smart refrigerator introduced by the company in 2011 at a consumer electronics show. Since then, multiple smartphones have been launched under the ThinQ brand.”


What's New in Payments

Russia to issue state-backed CryptoRuble digital currency

Russia issuing ‘CryptoRuble’ — Coin Telegraph — “Russian President Vladimir Putin has officially stated that Russia will issue its own ‘CryptoRuble’ at a closed door meeting in Moscow, according to local news sources. The news broke through Minister of Communications Nikolay Nikiforov. According to the official, the state issued cryptocurrency cannot be mined and will be issued and controlled and maintained only by the authorities.”


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