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Ripple CEO Opens Swell Conference, Discussing Current Global Payment Landscape

Ripple CEO Opens Swell Conference, Discussing Current Global Payment Landscape

Ripple CEO Brad Garlinghouse just opened Ripple Swell 2020, which focuses on the current global payment landscape.

Dubai-Based Property Developer Introduces Bitcoin Payment for Home Buyers

Dubai-Based Property Developer Introduces Bitcoin Payment for Home Buyers

Ellington Properties, a Dubai-based developer, has chosen Bitcoin Suisse (BTCS) as its ideal crypto brokerage provider to facilitate Bitcoin payment for its international customers.

McAfee's Ghostcoin Gets Backing as Payment in Hong Kong

McAfee's Ghostcoin Gets Backing as Payment in Hong Kong

John McAfee's Ghostcoin gets backing for use as a payment coin in Hong Kong across 60 vending machines including Disneyland.

Cryptocurrency wallet Lumi launches new payment method Apple Pay

Cryptocurrency wallet Lumi launches new payment method Apple Pay

Multi-currency crypto wallet Lumi, which enables the purchase, exchange & storing of digital assets, has added Apple Pay as an available payment method.

US National Security at Risk Due to China’s Dominance in Mobile Payments, says former State Department Official

US National Security at Risk Due to China’s Dominance in Mobile Payments, says former State Department Official

Former Department of State official Anja Manuel warns that if the US loses its dominance in financial innovation and payments, it could impact its national security policy, specifically on sanctions. Manuel stated that China is catching up on dominance in mobile payments, which could make enforcing sanctions against “bad actors” like Iran or North Korea more challenging.

UTXO

UTXO

UTXO stands for An Unspent Transaction Output. It is one of the key concepts in bitcoin design and it is closed related to modern "payment, settlement, clearance" process in financial system.

Best Coins for Accepting Crypto: How to Receive Payments in BTC and Altcoins?

Best Coins for Accepting Crypto: How to Receive Payments in BTC and Altcoins?

Cryptocurrencies like Bitcoin, Ethereum, Cardano, Ripple, Stellar, Dash, and Litecoin are popular for businesses due to speed, revenue streams, and early adoption advantages.

Is It Wise for E-Commerce Stores to Accept Crypto As Payment?

Is It Wise for E-Commerce Stores to Accept Crypto As Payment?

Cryptocurrencies are transforming the e-commerce industry, offering global reach, cost savings, safety, and cross-border business opportunities, with potential to reach $2.9 billion by 2030.

The Rise of Crypto: Why Your Website Should Accept Crypto Payments

The Rise of Crypto: Why Your Website Should Accept Crypto Payments

Cryptocurrencies are transforming e-commerce, offering cost-effective alternatives to traditional banking, trustless transactions, and blockchain technology for businesses to protect their financial operations and stay competitive.

Facebook Faces New Hurdles as Brazil’s Central Bank Suspends New WhatsApp Mobile Payment Service

Facebook Faces New Hurdles as Brazil’s Central Bank Suspends New WhatsApp Mobile Payment Service

Brazil’s central bank has suspended WhatsApp’s payments feature in the country. The newly-launched system allows users of Facebook Inc’s WhatsApp instant messaging service to send money via chat.

BlockFi Triumphs Over Bankruptcy, Initiates Creditor Reimbursements

BlockFi Triumphs Over Bankruptcy, Initiates Creditor Reimbursements

BlockFi, a cryptocurrency company, emerged from bankruptcy in October 2023 and has since implemented a plan to repay creditors and return digital assets to clients. The company is now focusing on asset recoveries from entities like FTX and 3AC, processing claims for fair distributions, and Wallet customers can withdraw assets.

MasterCard Asia Files Device Billing System Patent Compatible With Iota’s Tangle Network

MasterCard Asia Files Device Billing System Patent Compatible With Iota’s Tangle Network

MasterCard patents blockchain system to help shared device merchants avoid credit card fees.

Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies

Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies

Visa teams up with SmartMedia Technologies to launch a pioneering Web3 Loyalty Engagement Solution, revolutionizing customer loyalty with gamified, immersive experiences and digital wallets.

CBDC Project will Help Enhance Japan's "Settlement System," Says Bank of Japan Executive

CBDC Project will Help Enhance Japan's "Settlement System," Says Bank of Japan Executive

Bank of Japan's Kazushige Kamiyama has revealed that the country’s proposed central bank digital currency will enhance the country’s settlement system.

Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa

Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa

Ripple and Onafriq are collaborating to introduce blockchain-powered cross-border payments, aiming to improve transaction efficiency and financial inclusion in Africa, the GCC, the UK, and Australia.

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

In the race to be the first country to launch a functional CBDC, China appears to be in the lead, as it has begun experimenting with its digital currency.

UAE Central Bank Pioneers Digital Dirham Transfer to China via mBridge

UAE Central Bank Pioneers Digital Dirham Transfer to China via mBridge

The UAE Central Bank achieved a significant milestone by executing its first cross-border digital dirham transfer worth 50 million dirhams ($13.6 million) to China using the mBridge platform on January 29, marking a new era in digital currency transactions.

COVID-19 Relief Spurs Federal Reserve Towards Digital Payments with FEDNow

COVID-19 Relief Spurs Federal Reserve Towards Digital Payments with FEDNow

The Federal Reserve is accelerating towards digital payments technology as the COVID-19 pandemic has highlighted the need to provide faster methods of relief. The United States central bank has announced the development of its own platform—FedNow.

DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis

DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis

Digital Currency Group paid up all short-term loans to Genesis, a previous bitcoin lending platform, as promised. DCG repaid $700 million in 2023 despite crypto sector woes. Genesis filed for bankruptcy in early 2023 after a withdrawal halt due to obligations of over $3.5 billion to its principal creditors. The bitcoin market is changing significantly with this development.

Mt. Gox Creditor Refutes Fake Report about Upcoming 140K BTC Release

Mt. Gox Creditor Refutes Fake Report about Upcoming 140K BTC Release

Eric Wall has announced that Mt. Gox is not soon distributing coins. Wall has refuted claims that the exchange plans to distribute 140,000 Bitcoins soon to the affected investors.

Visa Blockchain Payments Will Help Promote Bank CBDC Integration

Visa Blockchain Payments Will Help Promote Bank CBDC Integration

Visa is enhancing its blockchain payment drives among its merchants through research while forming partnerships with central banks for CBDC issuance

Stellar CEO Denelle Dixon Joins IMF Panel on Cross-Border Payments

Stellar CEO Denelle Dixon Joins IMF Panel on Cross-Border Payments

Stellar CEO Denelle Dixon is slated to take part in the IMF's annual meeting today, to discuss the private-sector’s role in addressing the limitations of cross-border payments.

Washington DC Lawyers Can Now Accept Cryptocurrency Payments for Legal Services

Washington DC Lawyers Can Now Accept Cryptocurrency Payments for Legal Services

Lawyers working within the metropolitan area of Washington DC can now accept cryptocurrency payments for legal services so long as the fee agreement is reasonable and fair, and the lawyer is able to safeguard their digital assets, the District of Columbia Bar stated in an ethics opinion.

Venezuela’s Main Airport to Accept Cryptos as Payment for Flight Tickets & Services

Venezuela’s Main Airport to Accept Cryptos as Payment for Flight Tickets & Services

Freddy Borges, a director at Simon Bolivar International Airport, said that the airport would accept Dash, Petro alongside Bitcoin for ticket purchases and for other flight services.

US National Security at Risk Due to China Dominance in Mobile Payments, says former State Department Official

US National Security at Risk Due to China Dominance in Mobile Payments, says former State Department Official

Former Department of State official Anja Manuel warns that if the US loses its dominance in financial innovation and payments, it could impact its national security policy, specifically on sanctions. Manuel stated that China is catching up on dominance in mobile payments, which could make enforcing sanctions against “bad actors” like Iran or North Korea more challenging.

NBA champion Andre Iguodala to Accept Salary Payment in Bitcoin

NBA champion Andre Iguodala to Accept Salary Payment in Bitcoin

American basketball player Andre Iguodala, who plays for the NBA's Golden State Warriors, tweeted Monday that he will accept bitcoin as a salary.

Europe Embraces Instant Payments: Ripple Insights

Europe Embraces Instant Payments: Ripple Insights

Europe is experiencing an accelerated shift towards instant payments, with entities like the EC striving to build a resilient financial infrastructure.

Ripple (XRP): Latin America Shifts Towards Crypto Amidst Cash Ditch

Ripple (XRP): Latin America Shifts Towards Crypto Amidst Cash Ditch

Latin America embraces digital payments, with a notable shift towards cryptocurrency due to post-COVID comfort with online experiences and unsettling inflationary issues.

Tether, TON Foundation, and Oobit Join Forces for Seamless Crypto-Payment Solution

Tether, TON Foundation, and Oobit Join Forces for Seamless Crypto-Payment Solution

Tether Operations Limited, Oobit, and TON Foundation collaborate to revolutionize crypto payments, offering a seamless transaction experience.

Hong Kong Monetary Authority's Project mBridge Achieves MVP Milestone

Hong Kong Monetary Authority's Project mBridge Achieves MVP Milestone

Project mBridge reaches MVP stage, exploring CBDCs for cross-border payments.

Telegram Introduces Stars for Digital Goods Payments

Telegram Introduces Stars for Digital Goods Payments

Telegram launches Stars, enabling payments for digital goods and services through bots and mini apps.

Ripple (XRP) Report Highlights Key Trends in Global Payments for 2023

Ripple (XRP) Report Highlights Key Trends in Global Payments for 2023

Ripple's 2023 report reveals key regional payment trends, highlighting blockchain's impact.

Ripple (XRP) Transforms Cross-Border Payments with Blockchain Technology

Ripple (XRP) Transforms Cross-Border Payments with Blockchain Technology

Ripple leverages XRP to revolutionize cross-border payments, addressing inefficiencies in traditional banking.

Oracle Introduces PCI-Compliant Payment Cloud Service in the UK

Oracle Introduces PCI-Compliant Payment Cloud Service in the UK

Oracle launches PCI-compliant Payment Cloud Service in the UK with fixed-rate pricing and streamlined reporting.

Crypto Exchange Gate.io Floats its Payment Solution Dubbed Gate Pay

Crypto Exchange Gate.io Floats its Payment Solution Dubbed Gate Pay

Gate.io has launched its own crypto payment gateway dubbed Gate Pay

Bitso Rolls Out Crypto QR Payment Tool in Argentina

Bitso Rolls Out Crypto QR Payment Tool in Argentina

Starting from September 27, crypto payment will gradually be enabled for more than 1 million users in Argentina from the Bitso App with QR code.

Companies among S. American Nations are Optimistic Accepting Crypto, Study Shows

Companies among S. American Nations are Optimistic Accepting Crypto, Study Shows

Companies permitting Bitcoin and other crypto payments have a more positive outlook in Brazil, Columbia, and Argentina, according to a study by financial payments processing firm CoinsPaid.

Coinbase and Trustly Collaborate to Streamline Crypto Transactions for Canadians

Coinbase and Trustly Collaborate to Streamline Crypto Transactions for Canadians

Coinbase partners with Trustly for Open Banking in Canada, enabling direct bank-to-crypto wallet transactions. This follows Coinbase's recent Canadian market expansion and US crypto derivatives approval.

Visa's Head of Crypto Products Leaves Visa to Pursue Personal Payments Startup

Visa's Head of Crypto Products Leaves Visa to Pursue Personal Payments Startup

Daniel Mottice, head of crypto products at payment giant Visa, announced his decision to leave Visa on Wednesday.

Payment Firm Stripe Offers Positions by Hiring Engineers to Develop Crypto Strategy

Payment Firm Stripe Offers Positions by Hiring Engineers to Develop Crypto Strategy

Digital payment firm Stripe’s job posting on its social media channels states that it is looking for crypto engineers.

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps

Facebook has expanded its fintech horizons and announced the launch of a new product group dedicated to payments purposes.

Florida Governor Reveals Plan to Permit Crypto Tax Payments

Florida Governor Reveals Plan to Permit Crypto Tax Payments

Speaking at a press conference, Florida Governor Ron DeSantis disclosed plans to roll out a cryptocurrency payment option for businesses remitting taxes.

Quiznos Testing Payment Feature to Allow Customers Pay in Bitcoins

Quiznos Testing Payment Feature to Allow Customers Pay in Bitcoins

Quiznos chain of restaurants will accept Bitcoin starting mid-August.

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race

Japan is advancing its plans for a digital yen, with the Bank of Japan set to pilot a CBDC program and the finance ministry preparing an expert panel to address legalities, signaling a significant shift in Japan's traditional cash-centric economy.

Changshu Civil Servants to Receive Digital Yuan as Payment

Changshu Civil Servants to Receive Digital Yuan as Payment

Changshu, a city in China, announced that civil servants, including public service personnel and state-owned unit personnel, will receive their full salaries in digital RMB starting May 2023. The move is part of China's pilot program to establish an efficient and convenient digital RMB operation and management system by 2025.

Web3 users can now register .eth domains with fiat options

Web3 users can now register .eth domains with fiat options

ENS has launched a fiat on-ramp for .eth domain registrations through MoonPay, allowing Web3 users to pay with fiat options such as Apple Pay and Google Pay instead of only Ether. ENS has also upgraded its platform to streamline sign-ups and expand its usability for hosting censorship-resistant websites.

NHL- San Jose Sharks To Accept Crypto for Tickets and Merchandise Sales

NHL- San Jose Sharks To Accept Crypto for Tickets and Merchandise Sales

The San Jose Sharks ice hockey team will accept cryptocurrency as payment for season ticket purchases, sponsorship deals, suite leases, and merchandise next season. It's going to be the first NHL team to accept crypto.

Tesla CEO Elon Musk Says You Can Now Buy a Tesla With Bitcoin

Tesla CEO Elon Musk Says You Can Now Buy a Tesla With Bitcoin

Elon Musk has revealed that customers can now purchase Tesla cars with Bitcoin as the mode of payment.

Thailand Considers Opening Crypto Payments for Russian and Ukrainian Tourists

Thailand Considers Opening Crypto Payments for Russian and Ukrainian Tourists

Following Mastercard and Visa suspension of Russian credit cards abroad due to international sanctions imposed, Thailand, on the other hand, is looking at accepting crypto payments for transactions.

eBay Considers to Accept Crypto Payments for Entice Millennials

eBay Considers to Accept Crypto Payments for Entice Millennials

E-commerce marketplace eBay is likely on its way to accepting digital currency payments on its platform, attracting young generations.

TBD's Block Launches c= to Enhance Bitcoin Lightning Network

TBD's Block Launches c= to Enhance Bitcoin Lightning Network

TBD, a division of Block, has launched c=, a venture aimed at improving the Bitcoin Lightning Network by providing added liquidity and routing services. The Lightning Network is a layer 2 payment network designed to make Bitcoin more accessible through faster, cheaper, and more reliable transactions.

Dash NEXT: Fostering Crypto Adoption in Asian Tourism

Dash NEXT: Fostering Crypto Adoption in Asian Tourism

Felix Mago is the CEO of Dash Thailand, and has been working in the blockchain space since 2014 and one of the driving forces of cryptocurrency adoption in Thailand. He is the author of the “Bitcoin Handbook” and the co-founder of the Dash Embassy Thailand as well as the co-founder of Futerio, a southeast Asia based gateway to blockchain, ICOs, and OTC brokerage.

Ex-IMF Top Economist Shortlisted to Lead Roxe's CBDC Pursuit

Ex-IMF Top Economist Shortlisted to Lead Roxe's CBDC Pursuit

Former IMF economist Andreas Jobst will lead Roxe's CBDC Solutions built to leverage the Bitcoin hashrate.

Jewellery Provider SFLMaven Rolls Out Bitcoin Payments, Eyeing for Metaverse

Jewellery Provider SFLMaven Rolls Out Bitcoin Payments, Eyeing for Metaverse

SFLMaven, a luxury jewellery and goods provider, has started accepting Bitcoin payments in the real world and the metaverse for high-end vintage jewellery items.

Hong Kong Vending Machines Accept Bitcoin Cash not Bitcoin Boasts Roger Ver

Hong Kong Vending Machines Accept Bitcoin Cash not Bitcoin Boasts Roger Ver

Bitcoin Cash (BCH) advocate Roger Ver recently took to Twitter to highlight a Hong Kong vending machine which accepts BCH and Ether as payment options but not Bitcoin. After asking why BCH was preferred over BTC, Ver was accused by popular YouTube Bitcoin influencer Tone Vays and trader Willy Woo of paying for Bitcoin’s omission.

Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance

Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance

In an effort to break economic ties with the United States and escape the US Dollar dominance of the global markets, Turkey is adopting blockchain and cryptocurrency at a greatly accelerated rate.

Visa Developing Interoperable Transfers among CBDC Payments

Visa Developing Interoperable Transfers among CBDC Payments

Visa is rolling out a new interoperability feature facilitating digital currency payments among different parties. Visa aims to establish a bridge payment between digital currencies on the blockchain ecosystem.

Regulating the Metaverse: BIS's Call for Unity

Regulating the Metaverse: BIS's Call for Unity

BIS emphasizes the need for interoperable payment technologies and robust regulatory framework to prevent metaverse fragmentation and private interests dominance, emphasizing Central Bank Digital Currencies' importance.

MetaMask Launches "Buy Crypto" Feature

MetaMask Launches "Buy Crypto" Feature

MetaMask has launched a new feature allowing users to purchase crypto with fiat currency directly from its Portfolio Dapp. The "Buy Crypto" feature will enable MetaMask users to purchase a wide range of cryptocurrencies using various payment methods, and it takes into account several factors such as user location and local regulations. The funds will then be deposited directly into the user’s MetaMask wallet.

China's Blockchain Initiative Hits Roadblock as Stakeholders Refuse to Share Private Data for Free

China's Blockchain Initiative Hits Roadblock as Stakeholders Refuse to Share Private Data for Free

China’s blockchain initiative is going ahead full steam, but local and provincial officials are facing some resistance from stakeholders who are not enthusiastic about sharing their data.

MoneyGram Continues to Receive Millions in Development Fees From Ripple

MoneyGram Continues to Receive Millions in Development Fees From Ripple

Ripple continues to pump money into MoneyGram remittance services in market development fees as compensation for providing liquidity to its ODL XRP network.

Mayor of Miami Francis Suarez Accepts Paycheck 100% in Bitcoin

Mayor of Miami Francis Suarez Accepts Paycheck 100% in Bitcoin

Francis Suarez, an American attorney and politician serving as the 43rd Mayor of Miami, announced on Twitter that he will get his next salary in Bitcoin (BTC).

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.

Visa Approves Australian Startup CryptoSpend to Issue Debit Cards in Cryptos

Visa Approves Australian Startup CryptoSpend to Issue Debit Cards in Cryptos

The world's leading payment giant Visa approves the Australian startup CryptoSpend to issue debit cards for its customers to consume through cryptocurrencies.

Ripple Most Likely to Relocate Blockchain Firm to Japan Over Other Countries, Says SBI Holdings CEO

Ripple Most Likely to Relocate Blockchain Firm to Japan Over Other Countries, Says SBI Holdings CEO

It appears that blockchain firm Ripple Labs may favor Japan over other locations when considering new headquarters outside of the United States.

ECB Advances Digital Euro Project into Preparation Phase

ECB Advances Digital Euro Project into Preparation Phase

The ECB's progression into the preparation phase of the digital euro project marks a pivotal step towards modernizing Europe's financial infrastructure. The digital euro, envisioned as a secure, accessible, and private means of digital payment, holds the promise of fortifying the European monetary system in the digital age.

Zipmex Misses Buyout Payment

Zipmex Misses Buyout Payment

Cryptocurrency exchange Zipmex has missed the latest payment under its buyout agreement with venture capital firm V Venture. Without the $1.25 million payment, the Singapore-based exchange warned it may have to begin liquidating one of its units and suspend payroll.

Chinese Government to Consider Cross-Border East-Asian Stablecoin for Hong Kong Amid Implementing Controversial National Security Law

Chinese Government to Consider Cross-Border East-Asian Stablecoin for Hong Kong Amid Implementing Controversial National Security Law

Chinese officials to consider a cross-border stablecoin in Hong Kong, to facilitate a cross-border payment network between three Asian countries, and four currencies China, Japan, and South Korea. The world’s second-largest economy is aiming to build Hong Kong into an international financial center in the digital economy era. At China’s annual “Two Sessions,” also known as the National People’s Congress, China’s most important annual political event in Beijing, officials set the decision to impose new national security legislation on Hong Kong.

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

Christine Lagarde, President of the European Central Bank (ECB), said that a CBDC or digital euro would most likely work in tandem with fiat currency, not replace it.

Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”

Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”

Ashok Venkateswaran, Mastercard’s Blockchain and Digital Assets Lead, Asia Pacific shares insights on the payment giant's new blockchain and digital initiatives.

Luxury Hotel & Resort Group Pavilions Welcomes Bookings in Over 40 Cryptocurrencies

Luxury Hotel & Resort Group Pavilions Welcomes Bookings in Over 40 Cryptocurrencies

Luxury hotel and resort group Pavilions now accepts cryptocurrency bookings in over 40 virtual currencies, becoming the first international luxury boutique hotel group to embrace cryptocurrency for reservations.

FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI"

FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI"

The Financial Stability Board (FSB) has announced its 2024 Work Programme, focusing on crypto regulation, AI, and digital innovation, aiming to enhance global cooperation and stability in finance.

MicroStrategy Announces Plans to Pay Its Board of Directors in Bitcoin

MicroStrategy Announces Plans to Pay Its Board of Directors in Bitcoin

MicroStrategy has announced that some of its board of directors are now being paid in Bitcoin

Hong Kong Firm Prima Asia to Launch Blockchain Payment in APAC

Hong Kong Firm Prima Asia to Launch Blockchain Payment in APAC

Hong Kong-based startup Prima Asia Limited said it will launch innovative blockchain payment technology in the Asia-Pacific region this year.

Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate

Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate

Federal Reserve Governor Michelle Bowman, in a discussion at Harvard Law School, explored the evolving digital payment landscape, touching on CBDC, stablecoins, and the necessity for a robust regulatory framework. While recognizing the potential of digital assets, she emphasized a cautious approach, underscoring the importance of continued research and international collaboration to navigate the digital transformation responsibly.

Walmart Canada Delves Deeper into Blockchain with DLT Labs Tie-Up

Walmart Canada Delves Deeper into Blockchain with DLT Labs Tie-Up

Walmart Canada has teamed up with DLT Labs for its blockchain-driven freight and payment network that is touted to be the world’s most prominent full production blockchain solution for any sector application.

Ripple Receives Approval for Digital Payment License from MAS

Ripple Receives Approval for Digital Payment License from MAS

Ripple, a leading provider of enterprise blockchain and cryptocurrency solutions, has announced a significant milestone for its Singapore subsidiary, Ripple Markets APAC Pte Ltd.

Visa Integrating Cryptocurrency Services into Brazilian Banks

Visa Integrating Cryptocurrency Services into Brazilian Banks

Visa is further expanding its cryptocurrency services. The payment giant firm is working in Brazil to integrate cryptocurrency services into the local banking system.

Worldwide Payment Provider Adopts New Crypto-to-Crypto Buy and Sell Feature

Worldwide Payment Provider Adopts New Crypto-to-Crypto Buy and Sell Feature

Skrill, a notable worldwide payment provider, has revealed about integrating a new option that permits the buying and selling of all cryptocurrencies into its platform. This strategy is intended at eradicating the urge of converting cryptocurrencies into fiat so that a purchase can be made.

Substack Plans to Start Accepting Bitcoin Payment for Digital Subscriptions

Substack Plans to Start Accepting Bitcoin Payment for Digital Subscriptions

Online publishing platform Substack has announced plans to begin accepting Bitcoin for digital subscription payments.

Amazon Denies Accepting Bitcoin Payments, BTC Price Drops Afterward

Amazon Denies Accepting Bitcoin Payments, BTC Price Drops Afterward

E-commerce giant Amazon denies a rumour from media report that the company may accept Bitcoin payments by the end of this year.

Major Strip Club in Las Vegas Crazy Horse 3 Accepts Bitcoin as Payment

Major Strip Club in Las Vegas Crazy Horse 3 Accepts Bitcoin as Payment

Las Vegas-based adult strip club Crazy Horse 3 has announced the acceptance of bitcoin as a payment method, aiming to provide customers with a more private way to enjoy facilities and services.

Will A Second Round of US Stimulus Payments Mean Another Bitcoin Bull Run?

Will A Second Round of US Stimulus Payments Mean Another Bitcoin Bull Run?

As the second round of the US economic stimulus package is about to begin, crypto experts have been speculating on whether Americans will once again redirect their stimulus checks towards Bitcoin investments.

Hong Kong-listed Entertainment Firm HMVOD to Accept Bitcoin for Membership Subscriptions in October

Hong Kong-listed Entertainment Firm HMVOD to Accept Bitcoin for Membership Subscriptions in October

In Hong Kong, an online entertainment platform HMVOD will accept Bitcoin to pay for membership subscriptions in October.

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

The US Senate Banking Committee Chair Mike Crapo sent a letter to the OCC to develop guidelines on digital payments.

Women in Payments CEO Answers: Could Facebook Libra Be a Huge Threat to Visa and Paypal?

Women in Payments CEO Answers: Could Facebook Libra Be a Huge Threat to Visa and Paypal?

Kristy Duncan, the CEO of Women in Payments the company in 2012, looking to add value in a different way, to connect, inspire, and champion women who are working in the payments industry globally. In our interview with Duncan, she shared with us the changing payment landscape with the emerging technologies in the sector.

Facebook’s Libra Could Do to the Payment Sector What Elon Musk's SpaceX Did to the Space Industry, Binance Research Reveals

Facebook’s Libra Could Do to the Payment Sector What Elon Musk's SpaceX Did to the Space Industry, Binance Research Reveals

Libra has released its updated whitepaper, marking several significant changes towards providing individual stablecoins for major fiat currencies, including USD, EUR, GBP, and Libra Coin.

Bank of Korea Prepares for 2024 Public Trial of Its Central Bank Digital Currency

Bank of Korea Prepares for 2024 Public Trial of Its Central Bank Digital Currency

The Bank of Korea, South Korea's central bank, is setting the stage for its first public trial of a Central Bank Digital Currency (CBDC) in 2024.

Facebook and Calibra Head David Marcus: What Problems Would Wholesale CBDCs Even Solve?

Facebook and Calibra Head David Marcus: What Problems Would Wholesale CBDCs Even Solve?

During a panel discussion at the World Economic Forum which included the topic of Central Bank Digital Currencies (CBDCs), David Marcus, Head of Calibra, highlighted that digital currencies are the key to innovate cross-border payments and solve the issues of the unbanked—regardless of if that digital currency is Libra or not.

Citi Forecasts Major Shifts in Cross-Border Payments Landscape

Citi Forecasts Major Shifts in Cross-Border Payments Landscape

Cross-border payments are expected to rise from $150 trillion in 2017 to over $250 trillion by 2027, marking a $100 trillion increase within a decade. Citi's Global Perspectives & Solutions report highlights the transformative potential of the industry, with 90% of financial institution clients believing at least 5% of market share will transition to FinTechs in the next 5-10 years. Challenges include legacy technologies and regulatory obligations.

Global Payments Partners with Bakkt, Offering Crypto and Loyalty Programmes

Global Payments Partners with Bakkt, Offering Crypto and Loyalty Programmes

The collaboration will enable Global Payments to provide its customers with the ability to pay using digital assets within the Bakkt App.

Nytro Chain Offers A Seamless Transaction Experience For The Avalanche Network With Its Built-in Multi Payment Function

Nytro Chain Offers A Seamless Transaction Experience For The Avalanche Network With Its Built-in Multi Payment Function

Nytro Chain is designed for high-volume transactions and has a built-in multi-payment function that allows senders to send digital assets to multiple wallet addresses

MicroStrategy Acquires More Bitcoin Amid Market Recovery

MicroStrategy Acquires More Bitcoin Amid Market Recovery

MicroStrategy has acquired 6,455 Bitcoin for $150 million and repaid its $205 million loan to Silvergate at a 22% discount, according to a filing with the US SEC. The company now holds a total of 138,955 BTC, bought for $4.1 billion at an average price of $29,817 per coin. MicroStrategy also sold class A common stock worth $500 million and acquired BTC between Feb. 16, 2023 and March 23, 2023.

Mastercard Expands Consulting Services to Crypto

Mastercard Expands Consulting Services to Crypto

Mastercard Inc is expanding its consulting services and is making commitments to a number of innovations in the cryptocurrencies market.

Deloitte Tests Remuneration of Its Staff Using Bitcoin

Deloitte Tests Remuneration of Its Staff Using Bitcoin

Deloitte one of the most reputable audit firms globally has shown plans of testing BTC payments on its staff for optimal adoption.

Luxury Watchmaker TAG Heuer to Accept Crypto Payments

Luxury Watchmaker TAG Heuer to Accept Crypto Payments

TAG Heuer will accept the payment method after a deal with Bitpay.

Venezuelans to Bypass Hyperinflation with Bitcoin-Backed Synthetic US Dollars After Years of Extreme Economic Crisis

Venezuelans to Bypass Hyperinflation with Bitcoin-Backed Synthetic US Dollars After Years of Extreme Economic Crisis

A cross-border remittance startup based in Colombia, Valiu has released a new Bitcoin-backed US dollars for Venezuelans to bypass the hyperinflation that has been tormenting their national economy.

ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge

ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge

Central Banks are planning their own payments revolution which could eliminate most cryptos from the cross-border payments conversation - all except Ripple (XRP).

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple, a leading enterprise in blockchain and crypto solutions, has secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This follows the in-principle approval granted to Ripple in June 2023. The license will enable Ripple to continue offering regulated digital payment token services in Singapore, a key market for the company.

TIME Magazine to Start Accepting Cryptocurrencies as Subscription Payments

TIME Magazine to Start Accepting Cryptocurrencies as Subscription Payments

TIME Magazine has partnered with Crypto.com to roll out a crypto payment system for its magazine subscriptions.

Reserve Bank of Australia May Still Have Its Eye on CBDC After All

Reserve Bank of Australia May Still Have Its Eye on CBDC After All

Reserve Bank of Australia's Tony Richards has said that the RBA will continue to consider the potentials of issuing a CBDC.

Paypal Crypto Owners Can Now Transfer Tokens to Wallets

Paypal Crypto Owners Can Now Transfer Tokens to Wallets

Fintech giant Paypal Holdings has upgraded its crypto wallet capabilities. Users of the app can now send supported digital assets to other wallets.

Nearly 70% of Merchants Believe Crypto Payments will Revolutionize Business Models, Study Shows

Nearly 70% of Merchants Believe Crypto Payments will Revolutionize Business Models, Study Shows

The appetite for cryptocurrencies in e-commerce continues to gain steam as they offer more convenient and safer payment methods, according to a report by global payments solution provider Checkout.com.

Alchemy Pay Bolsters Hong Kong's Crypto Infrastructure with Enhanced Virtual Card Services

Alchemy Pay Bolsters Hong Kong's Crypto Infrastructure with Enhanced Virtual Card Services

Alchemy Pay enhances Hong Kong's crypto infrastructure by adding new BINs for its Crypto Virtual Card, aligning with the region's evolving regulatory landscape and advancing global crypto payment solutions.

JPMorgan Hires Former Microsoft Executive Tahreem Kampton to Its Digital Assets-Related Payments Group

JPMorgan Hires Former Microsoft Executive Tahreem Kampton to Its Digital Assets-Related Payments Group

Kampton comes with in-depth professional experience that will enable JPMorgan to develop its digital asset and blockchain division.

PayPal Confirms Its Plan to Develop Cryptocurrency Capabilities in its Letter to the European Commission

PayPal Confirms Its Plan to Develop Cryptocurrency Capabilities in its Letter to the European Commission

In a letter to the European Commission in March 2020, payment giant PayPal has now confirmed that has it is actively working to bring cryptocurrencies capabilities on its platform. In the detailed letter, PayPal said that it has taken tangible and unilateral steps to further develop its capabilities in the cryptocurrency space.

US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress

US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress

In a congressional hearing which was held on January 30, US Representative Tom Emmer has expressed his concern about the excessive criticism of innovations in digital payment, saying that it may repress its progress.

US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments

US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments

Wealth manager, Sandi Bragar, considers PayPal as the best choice for businesses because of its bet on cryptocurrency.

McDonald’s Begins Accepting Bitcoin as Payment Method in El Salvador, Starbucks & Pizza Hut Follow

McDonald’s Begins Accepting Bitcoin as Payment Method in El Salvador, Starbucks & Pizza Hut Follow

McDonald’s move signals that multiple businesses are going to start accepting Bitcoin payments in El Salvador. Bitcoin is set to continue going mainstream, with El Salvador formally recognizing the crypto as legal tender.

UAE's Central Bank Nears Launch of Digital Dirham

UAE's Central Bank Nears Launch of Digital Dirham

The UAE's central bank is close to launching its central bank digital currency (CBDC), the digital dirham, for domestic and cross-border payments. The CBUAE has partnered with G42 Cloud and R3 to be the infrastructure and technology providers for the CBDC implementation, which will boost financial inclusion and help the country become a cashless society. The first phase of the CBDC strategy includes the soft launch of "mBridge," proof-of-concept work for bilateral CBDC bridges with India, and domestic CBDC issuance for wholesale and retail use.

Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services

Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services

Libra appoints Stevan Bunnell, former Homeland security department general counsel, as its own general counsel.

Luxury Fashion Firm Farfetch Begins Accepting Crypto Payments

Luxury Fashion Firm Farfetch Begins Accepting Crypto Payments

Farfetch has announced it will begin accepting cryptocurrency payments for its goods and services in the next couple of months

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle Builds Layers of Simplicity over Complex Crypto Concepts for Business to Trigger Digital Adoption

Republic of Palau Partners with Ripple to develop National Digital Currency Strategy

Republic of Palau Partners with Ripple to develop National Digital Currency Strategy

Ripple has been tapped to help Palau develop a U.S. dollar-backed digital currency, which is seen as a viable alternative to CBDC.

Alchemy Pay Expands U.S. Footprint with Iowa Money Services License

Alchemy Pay Expands U.S. Footprint with Iowa Money Services License

Alchemy Pay, a prominent crypto-fiat payment gateway, has secured a Money Services License in Iowa, marking a significant expansion in the U.S. market and enhancing its global compliance portfolio.

U.S. Payment Network Affirm Promotes Crypto Trading Services via Debit Card

U.S. Payment Network Affirm Promotes Crypto Trading Services via Debit Card

American payment company Affirm announced that it plans to launch a debit card that will add cryptocurrency buying and selling functions, allowing users with affirm's savings accounts to buy and sell cryptocurrencies freely.

Swiss's Luxury Hotel Chedi Andermatt Accepts Cryptocurrency Payments

Swiss's Luxury Hotel Chedi Andermatt Accepts Cryptocurrency Payments

After four years of negotiations, Chedi Andermatt, a luxury hotel located in the Swiss Alps, finally passed a cryptocurrency payment plan.

Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card

Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card

Coinbase Card and Google Pay have partnered to increase the liquidity of cryptos and provide a new form of convenient payment options to clients. Coinbase customers now can use their cards via easy mainstream mobile payments.

PayPal Exposed of Overcharging Clients: Can Bitcoin be the Remedy?

PayPal Exposed of Overcharging Clients: Can Bitcoin be the Remedy?

The news has been making the rounds again as grievances have been seen expressed about the exploitative conversion fees being charged by PayPal.

Blockchain Payment Company Facepay Launches Facepay Crypto Service

Blockchain Payment Company Facepay Launches Facepay Crypto Service

Blockchain payments company Facepay Inc. announced the release of Facepay Crypto, bringing cryptocurrency payments to auto stores.

J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments

J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments

JPMorgan Chase has set the ball rolling by deploying its digital currency, the JPM Coin, for commercial purposes creating a new blockchain business unit dubbed Onyx.

Polish Crypto Payments Firm Ramp Network Raises $52.7M in Series A Funding

Polish Crypto Payments Firm Ramp Network Raises $52.7M in Series A Funding

Ramp Network, a Polish-born crypto payments service provider has concluded its Series A funding round, attracting high-profile investors who pumped $52.7 million into the startup.

First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance

First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance

The blockchain national currency platform issued by blockchain company Apollo Fintech was finalized and completed on August 12.

G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit

G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit

G20 officials have announced that they will begin the preliminary regulatory groundwork for the group to accept digital payments.

Bulgaria to Introduce Crypto Payment Options

Bulgaria to Introduce Crypto Payment Options

The Bulgarian government is currently in discussion with industry stakeholders and the Bulgarian National Bank with respect to its crypto payment initiative.

US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC

US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC

The US Federal Reserve has continued to research the benefits and impact of implementing a central bank digital currency (CBDC).

Mt. Gox Updates Creditors on Repayment Progress

Mt. Gox Updates Creditors on Repayment Progress

Mt. Gox cryptocurrency exchange has provided an update on its repayment progress for creditors. The company's rehabilitation trustee, Nobuaki Kobayashi, announced that the deadline for creditors to provide their repayment information has passed, and that repayments will be carried out until October 31, 2023, with the possibility of an extension. The repayment process is expected to take some time due to necessary preparations.

Bitpay Announces the First Large Online International Furniture Brand to Go Live

Bitpay Announces the First Large Online International Furniture Brand to Go Live

Beliani, a European online home accessory and furniture seller, has inked a partnership with BitPay, a US-based bitcoin payment service provider, to allow buyers make purchases using cryptocurrencies, such as Bitcoin, Ripple, Ether, and Bitcoin Cash, as well as dollar-pegged stablecoins like USD Coin (USDC). This approach will enable shoppers to save 2-3% on every crypto transaction made compared to other payment methods.

Santander Imposes Limit on Crypto Transactions for UK Customers

Santander Imposes Limit on Crypto Transactions for UK Customers

Santander to impose a £1,000 transaction limit on its crypto customers in the UK

Gucci to Accept Cryptocurrency Payments in US

Gucci to Accept Cryptocurrency Payments in US

The world-renowned luxury brand Gucci will accept cryptocurrency payments by the end of this month and plans to roll it out to direct-operated North American stores this summer.

AMC Entertainment to Accept Bitcoin as a Payment Method for Ticket Purchases by Year-end

AMC Entertainment to Accept Bitcoin as a Payment Method for Ticket Purchases by Year-end

AMC Entertainment, the leading American movie theatre chain, said it would accept bitcoin as a payment method for ticket purchases and discounts by the end of this year.

Minima Launches Crypto Payment App with Minipay As Pilot Partner

Minima Launches Crypto Payment App with Minipay As Pilot Partner

Minima and Minipay’s NFC technology will allow retailers and businesses to incorporate new crypto payment rails and accept, process, and settle digital asset transactions instantly from customers.

Payment Giant Visa Sets to Modify PoS Charges to New Business Categories

Payment Giant Visa Sets to Modify PoS Charges to New Business Categories

United States-based merchants are set to see an adjustment in fees to be paid as part of huge updates of payment giant Visa point-of-sale (PoS) system.

Depegging of USDC and DAI Saves Borrowers $100 Million

Depegging of USDC and DAI Saves Borrowers $100 Million

The depegging of USD Coin (USDC) and Dai (DAI) from the US dollar resulted in more than $2 billion in loan repayments on decentralized lending protocols Aave and Compound, with borrowers saving a total of over $100 million. USDC and DAI started heading back toward their peg, and repayment activity tapered off in the following days.

Mastercard Collaborates with Bakkt to Expand Encryption Solutions & Join Loyalty Program

Mastercard Collaborates with Bakkt to Expand Encryption Solutions & Join Loyalty Program

Payment giant Mastercard cooperates with the U.S. Institutional Exchange Bakkt by expanding integrated cryptocurrency solutions and payment services.

Spanish Opposition Party Partido Popular Proposes Bill Allowing Crypto Payment for Mortgage

Spanish Opposition Party Partido Popular Proposes Bill Allowing Crypto Payment for Mortgage

Spain opposition party- Partido Popular (PP) party has proposed a bill allowing the use of cryptocurrency to pay for mortgage loans.

South African Supermarket Chain Pick n Pay Starts Accepting Bitcoin Payments

South African Supermarket Chain Pick n Pay Starts Accepting Bitcoin Payments

The development of Pick n Pay means that South African shoppers can now purchase food and other goods online with Bitcoins.

Oobit Secures $25M in Series A Led byTether and CMCC Globa

Oobit Secures $25M in Series A Led byTether and CMCC Globa

Oobit, a mobile crypto payments app, has closed a $25 million Series A funding round, led by Tether, CMCC Global, Anatoly Yakovenko, and 468 Capital.

Seven Key Takeaways You Need to Know About Central Bank Digital Currencies

Seven Key Takeaways You Need to Know About Central Bank Digital Currencies

Why are Central Bank Digital Currencies (CBDCs) important? Do we really need them? What are the implications? How will they be designed? Here are seven key takeaways you need to know.

Ripple to Cash In One-Third of its Stake in MoneyGram

Ripple to Cash In One-Third of its Stake in MoneyGram

Leading blockchain payments company Ripple plans to sell a third of its stake in American money transfer firm MoneyGram.

Visa New Crypto Consulting Services to Promote Mainstream Development of Cryptos

Visa New Crypto Consulting Services to Promote Mainstream Development of Cryptos

Payment giant Visa said that it will launch a new consulting service focused on the cryptocurrency field to help customers gain a deeper understanding of cryptocurrencies.

Federal Reserve Considers a FEDcoin in Wake of Rising Stablecoin and CBDC Development

Federal Reserve Considers a FEDcoin in Wake of Rising Stablecoin and CBDC Development

Federal Reserve Governor, Lael Brainard said that the Fed is weighing the developments and policy issues in the digital payments sector and experimenting with central bank digital currencies (CBDC) in consideration of potentially issuing it own digital currency.

3 Benefits You Need to Know About Cryptocurrency Credit Cards

3 Benefits You Need to Know About Cryptocurrency Credit Cards

A breaking story shows that MedeTrade crypto exchange has integrated Dash in its Visa cryptocurrency credit and debit card. Therefore, crypto users need to know about benefits associated with cryptocurrency visa card.

BitGo Secures MPI License Approval in Singapore

BitGo Secures MPI License Approval in Singapore

BitGo has received in-principle approval for a Major Payment Institution (MPI) license from Singapore's MAS, allowing it to expand its crypto services in the region. This aligns with Singapore's robust regulatory standards and BitGo's commitment to security in digital asset transactions.

Paypal CEO Dan Schulman Doubles Down on Crypto Future Potential

Paypal CEO Dan Schulman Doubles Down on Crypto Future Potential

Paypal’s Chief Executive Officer Dan Schulman said he is excited about the future of digital currencies and their inherent role in the payments ecosystem.

London-based Micropayment Platform pingNpay to Debut in 2022

London-based Micropayment Platform pingNpay to Debut in 2022

London-based micropayment company pingNpay announced Monday to launch its network next year by providing a small amount payment platform to customers, according to its press release,

Mastercard Enhances Crypto Wallet and Exchange Business

Mastercard Enhances Crypto Wallet and Exchange Business

Payment giant Mastercard announced Tuesday to enhance its function and experiment for cryptocurrency wallets and exchanges to their clients. The card issuer cooperates with multiple crypto enterprises to convert crypto and traditional fiat money more accessible.

Massive Online Transition for Tax and Fee Business in China, Digital Yuan Payment in Pilot Use

Massive Online Transition for Tax and Fee Business in China, Digital Yuan Payment in Pilot Use

Shen Xinguo, Director of the Taxpayer Services Division of the State Administration of Taxation, announced that 96% of tax matters and 99% of tax declarations in China can now be handled online, marking a significant move towards digitalization in the country's financial sector.

Tesla Reveals Possibly to Resume Bitcoin Payments for Products

Tesla Reveals Possibly to Resume Bitcoin Payments for Products

Months after it stopped accepting Bitcoin payments for its electric automobiles, American car manufacturing giant, Tesla has hinted at the possibility of continuing this pro-Bitcoin move in the near future

Blockchain in Fintech Sector Expected to Hit $31.4B by 2030

Blockchain in Fintech Sector Expected to Hit $31.4B by 2030

Blockchain in the FinTech market is anticipated to reach $31.4 billion by 2030, given that the penetration of this cutting-edge technology in the financial industry has boosted app-based operations.

Visa Announces $100 Million Fund for Generative AI in Commerce and Payments

Visa Announces $100 Million Fund for Generative AI in Commerce and Payments

Visa Inc. has announced a $100 million fund to invest in generative AI technologies that are relevant to commerce and payments. The initiative, led by Visa Ventures, aims to foster innovation in the rapidly evolving field of artificial intelligence.

The Importance of Embedded Finance in Today's Fintech World

The Importance of Embedded Finance in Today's Fintech World

Banking, lending, insurance, payments, and branded credit cards are popular integrated financial products.

Bitcoin Flips Visa Again

Bitcoin Flips Visa Again

Bitcoin (BTC) market valuation surpassed Visa's after a near 50% price increase in 2023. BTC has "flipped" the payment giant three times.

Court Approves Voyager Digital's Acquisition by Binance.US

Court Approves Voyager Digital's Acquisition by Binance.US

The US District Court rejected the government's appeal to halt Binance.US's acquisition of bankrupt brokerage company Voyager Digital. The court confirmed its prior approval of Voyager Digital's Chapter 11 bankruptcy plan, which involves selling assets to Binance.US to repay customers. The court also allowed Binance.US to issue repayment tokens to impacted Voyager customers, despite objections by the US Securities and Exchange Commission.

Visa CEO Says the Payment Giant Will Add Cryptocurrencies to Its Payments Network

Visa CEO Says the Payment Giant Will Add Cryptocurrencies to Its Payments Network

Visa has come out in support of digital currencies and believes that cryptocurrencies have the potential to improve the value of digital payments and create more accessibility.

ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

Fabio Panetta, a member of the Executive Board of the ECB, stated in his address to the European Parliament that the ECB intends to remain at the forefront of discussions concerning the nature of money in a digital world, including the exploration of the desirability and feasibility of establishing a central bank digital currency (CBDC).

Nearly 25% of Small Businesses in 9 Countries Intend to Roll Out Crypto Payment Option: Visa

Nearly 25% of Small Businesses in 9 Countries Intend to Roll Out Crypto Payment Option: Visa

Payment giant Visa conducts a study indicating that almost a quarter of small businesses spread across 9 nations intend to introduce the crypto payment option this year.

FTX's Restructuring Plan: Aiming for Full Customer Repayment Without Relaunching Exchange

FTX's Restructuring Plan: Aiming for Full Customer Repayment Without Relaunching Exchange

FTX aims to fully reimburse its customers and creditors as part of its restructuring plan. This approach, focusing on repayment without relaunching the exchange, is based on valuations of assets as of November 2022, drawing mixed reactions from the crypto community.

Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week

Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week

Federal Reserve Chairman Jerome Powell will be speaking to the International Monetary Fund (IMF) next week as part of a panel on cross-border digital payments.

ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro

ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro

President of the ECB Christine Lagarde broached the topic of CBDC issuance and why the bank was seriously considering the creation of a digital euro.

BRICS Alliance Considers Creating New Currency

BRICS Alliance Considers Creating New Currency

The BRICS alliance, comprised of Brazil, Russia, India, China, and South Africa, is reportedly exploring the possibility of creating its own currency, according to a top Russian official. Alexander Babakov, State Duma Deputy Chairman, stated that the currency could be based on new monetary ties and could be secured by gold and other commodities. The move is seen as a way to distance the BRICS nations from US dollar hegemony and to promote their shared objectives.

Mastercard Survey Suggests that Consumer Appetite for Cryptocurrency Payments Is Surging

Mastercard Survey Suggests that Consumer Appetite for Cryptocurrency Payments Is Surging

Mastercard released a report on May 4 that revealed that there is a growing demand for digital payments.

Crypto.Com Secures EMI License to Offer Bank Transfers to Maltase Customers

Crypto.Com Secures EMI License to Offer Bank Transfers to Maltase Customers

Crypto.com has obtained a license to operate in Malta, expanding its international footprint for its global money transfer services.

GoSats Pairs with NPCI to Launch a New Bitcoin Cashback Reward Card in India

GoSats Pairs with NPCI to Launch a New Bitcoin Cashback Reward Card in India

The Bitcoin Rewards app GoSats has partnered with the National Payments Corporation of India (also known as NPCI) to launch a new cash-back reward card in India.

The Integration of Cryptocurrency Payments into Forex Trading: Expanding Horizons

The Integration of Cryptocurrency Payments into Forex Trading: Expanding Horizons

Cryptocurrencies are transforming forex trading, offering fast, secure, and anonymous transactions. However, regulatory challenges pose challenges. Bitcoin and Ethereum are widely used cryptocurrencies.

Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance

Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance

Following the Part 1 interview of the Financial Conduct Authority, Maha El Dimachki, Head of Payments of the FCA reveals some of her key initiatives in the FCA, including the significance of the second Payment Services Directive (PSD2) among the EU countries and the rationale of the Stronger Customer Authentication. As Co-Chair of Spectrum, the BAME Network Group at the FCA, El Dimachki also provided some advice for women in FinTech!

MoonPay Looks to Fuel Global Expansion With $555M Funding

MoonPay Looks to Fuel Global Expansion With $555M Funding

Crypto payments company MoonPay has raised $555 million in its first-ever Series A funding round, earning the firm a unicorn valuation of $3.4 billion.

Burger King Brazil Accepts Dogecoin as a Payment Method for Purchasing a Dog Snack "Dogpper"

Burger King Brazil Accepts Dogecoin as a Payment Method for Purchasing a Dog Snack "Dogpper"

The Brazilian branches of Burger King, an American premium fast food service company, officially announced yesterday that it will accept Dogecoin as a payment method for the purchase of a dog snack called "Dogpper".

Qatari National Bank to Explore Cross-Border Payment Solutions With Ripple

Qatari National Bank to Explore Cross-Border Payment Solutions With Ripple

The Qatari National Bank (QNB) is set to launch a cross-border payment solution, powered by blockchain payments firm Ripple Labs Inc.

Riksbank's Final Report on e-Krona Explores Offline Payment Solutions

Riksbank's Final Report on e-Krona Explores Offline Payment Solutions

Sweden's Riksbank concludes its e-Krona pilot, highlighting the development of offline payment technologies like "shadow wallets" and payment cards.

G20-Backed FSB Sets Out Roadmap for Stablecoins and CBDCs, Optimizing Cross-Border Payment System

G20-Backed FSB Sets Out Roadmap for Stablecoins and CBDCs, Optimizing Cross-Border Payment System

The FSB, a G20-backed think tank, has cited the duo of government-issued CBDCs and stablecoins as key drivers in the pursuit of better cross-border payments.

Reap Leverages Fireblocks to Enable Crypto Repayments with the Reap Card

Reap Leverages Fireblocks to Enable Crypto Repayments with the Reap Card

Reap, the global fintech company powering expense management through the industry first Reap Visa Corporate Card (“Reap Card”) platform, launches industry-leading innovation by including cryptocurrency repayments functionality for the Web3 industry. Together with the Reap Card, Reap is offering expense management software that will enable web3 companies to settle their fiat payments with cryptocurrencies.

Norwegian Air Set to Accept Cryptocurrency Payments

Norwegian Air Set to Accept Cryptocurrency Payments

Amazing times ahead for travelers in Norway as Norwegian Airline, one of the largest in Europe is set to accept the use of cryptocurrency as a means of payments for flight booking.

Worldline and Ingenico Will Merge Creating FinTech Payments Super Giant

Worldline and Ingenico Will Merge Creating FinTech Payments Super Giant

French fintech giants, Ingenico and Worldline are merging in a deal worth €7.8 billion to create the fourth largest company in the global financial technologies sector.

Wirex Moves on From Defunct Wirecard, Secures New Partnership with Railsbank

Wirex Moves on From Defunct Wirecard, Secures New Partnership with Railsbank

Crypto service provider Wirex has moved on from Wirecard,. The company has secured a new partnership with Railsbank

USL Footballer Alex Crognale Now Receives 15% of His Salary in Bitcoin

USL Footballer Alex Crognale Now Receives 15% of His Salary in Bitcoin

United Soccer League (USL) footballer, Alex Crognale now receives as much as 15% of his salary from his club, Birmingham Legion in Bitcoin (BTC).

Is Ripple’s Blockchain-Powered XRP Ledger Superior to SWIFT for Cross-Border Payments?

Is Ripple’s Blockchain-Powered XRP Ledger Superior to SWIFT for Cross-Border Payments?

Ripple, compared to SWIFT payments network, may be a cheaper, more transparent, and more secure alternative for the future of payments and online banking.

Actinver, BNP Paribas, Citibank, And JPMorgan Go Live on CLS Blockchain Platform

Actinver, BNP Paribas, Citibank, And JPMorgan Go Live on CLS Blockchain Platform

Four banks (JPMorgan, Citibank, BNP Paribas, and Actinver) go live on CLS blockchain bilateral payments netting platform.

Legalizing Crypto Payments Will Happen "Sooner or Later": Russia Trade Minister

Legalizing Crypto Payments Will Happen "Sooner or Later": Russia Trade Minister

In a recent revelation, Russia’s Minister of Industry and Trade Denis Manturov said the move to legalize cryptocurrencies as a means of payment in the country is bound to happen “sooner or later.”

Crypto Innovations and IBM's Role in the Evolving Payments Landscape

Crypto Innovations and IBM's Role in the Evolving Payments Landscape

The digital transformation of finance, driven by cryptocurrencies and Central Bank Digital Currencies, is reshaping the industry. Traditional banks face challenges in maintaining market share, while regulatory bodies are enhancing oversight. IBM, a tech giant, offers solutions for this new era, ensuring compliance with financial regulations and fostering seamless customer experiences.

Coinbase Secures Major Payment Institution License from Singapore's Monetary Authority

Coinbase Secures Major Payment Institution License from Singapore's Monetary Authority

Coinbase has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant milestone in its expansion into the Asian market. The license will enable Coinbase to offer digital payment token services to both individual and institutional clients in Singapore. This move aligns with the company's strategy to tap into Singapore's growing crypto and Web3 ecosystem.

BIS Survey: 93% of Central Banks Engaged in CBDCs, 15 Retail and 9 Wholesale CBDCs Expected by 2030

BIS Survey: 93% of Central Banks Engaged in CBDCs, 15 Retail and 9 Wholesale CBDCs Expected by 2030

The Bank for International Settlements (BIS) has released a survey revealing that 93% of central banks are now engaged in some form of Central Bank Digital Currency (CBDC) work, with retail CBDCs taking the lead over wholesale CBDCs.

Alipay Officially Bans All Bitcoin-Related Transactions

Alipay Officially Bans All Bitcoin-Related Transactions

Alipay, one of the most popular digital payment systems under China’s Alibaba group, officially stated that it would be banning all payment transactions related to Bitcoin and other cryptocurrencies.

Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto

Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto

CoinMena, a Bahrain-based crypto asset service provider, has teamed up with Carlton Real Estate, to facilitate real estate purchases using cryptocurrencies.

Visa Files Trademark Applications for Crypto Products, Including NFTs

Visa Files Trademark Applications for Crypto Products, Including NFTs

Payment giant Visa has filed two trademark applications to the United States Patent and Trademark Office (USPTO) concerning cryptocurrency wallets, NFTs, and the Metaverse.

Mercari Japan Embraces Bitcoin Payments

Mercari Japan Embraces Bitcoin Payments

Mercari, Japan's e-commerce leader, announces Bitcoin payment integration by June 2024, leveraging its subsidiary Melcoin. This reflects Japan's advanced crypto regulatory environment, fostering digital currency adoption in commerce.

Circle Files with The US SEC Intends to Become a National Cryptocurrency Bank

Circle Files with The US SEC Intends to Become a National Cryptocurrency Bank

Circle intends to become a full reserve national commercial bank as a part of the potential solution, the company explains its core services heavily rely on third parties that create business risks.

87% of Merchants Believe Crypto Payments Enhancing Competitive Advantage: Deloitte Survey

87% of Merchants Believe Crypto Payments Enhancing Competitive Advantage: Deloitte Survey

87% of merchants believe crypto payments will enable them to stay at the top of their game based on the competitive advantage rendered, according to a survey by big four audit firm Deloitte.

US Senator Pat Toomey Eyes Senate Banking Committee Chair and Digital Currency Regulations

US Senator Pat Toomey Eyes Senate Banking Committee Chair and Digital Currency Regulations

United States Senator Pat Toomey said he will take on digital currency regulation and payments reforms should he become the Senate Banking Committee’s next chairman.

SpankChain Shuts Down SpankPay Crypto Payment Processor

SpankChain Shuts Down SpankPay Crypto Payment Processor

Ethereum-based adult entertainment platform SpankChain has closed down its crypto payment processor, SpankPay, after losing its payment service provider Wyre in February and failing to find a new one.

Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies

Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies

Ripple has outpaced other indigenous blockchain companies on a recently published list of 5000 fastest-growing private companies in the United States.

Financial Conduct Authority, the Pacemaker of the UK FinTech Revolution

Financial Conduct Authority, the Pacemaker of the UK FinTech Revolution

We arranged an interview with Maha El Dimachki, Head of Payments of the FCA during Singapore FinTech Festival, which El Dimachki shares with us the contribution of the FCA for UK as the thriving FinTech hub, opportunities and threats of e-money firms from the current digital disruption.

Ripple (XRP) Check Feature May Soon See the Light of Day

Ripple (XRP) Check Feature May Soon See the Light of Day

The long-awaited Ripple Check may soon be launched as the margin for the needed votes by the network's validators narrows. With the Check feature, institutions and users will find flexibility in money exchange and adherence to compliance.

NYDIG Launches Bitcoin Savings Plan for Employees

NYDIG Launches Bitcoin Savings Plan for Employees

NYDIG, a company specialising in providing Bitcoin investment and technology solutions, announced on Feb. 1 the launch of an employee bitcoin savings plan that allows employees to convert a portion of their salary into bitcoin.

ASX Delays Blockchain-Based CHESS Replacement to April 2023

ASX Delays Blockchain-Based CHESS Replacement to April 2023

The Australian Securities Exchange has delayed the blockchain replacement for its CHESS settlement system for financial products, until April 2023.

Croatia's Top Supermarket Brand Now Accepts Crypto Payments

Croatia's Top Supermarket Brand Now Accepts Crypto Payments

The largest supermarket company in the European nation of Croatia, Konzum, says it is possible to buy all of its products online and pay with one of 9 supported digital currencies.

UWM Holdings Corp Plans to Accept Crypto for Mortgage Payment this Year

UWM Holdings Corp Plans to Accept Crypto for Mortgage Payment this Year

MI. UWM Holdings Corp, a large-scale wholesale mortgage lender in the United States, said it plans to accept cryptocurrency to satisfy mortgage payment this year.

China's Antitrust Agency Urged By the PBOC to Probe Alipay and WeChat Pay

China's Antitrust Agency Urged By the PBOC to Probe Alipay and WeChat Pay

In a move similar to the US antitrust hearing, the People’s Bank of China has prompted the nations top antitrust body to probe Alipay and WeChat

QNB Extends RippleNet Remittance Transfer to the Phillippines

QNB Extends RippleNet Remittance Transfer to the Phillippines

The duo of the Qatari National Bank (QNB) and China Banking Corporation (China Bank), are expanding the remittance capabilities of the RippleNet protocol for the benefit of Filipinos living in Qatar.

Blockchain-Powered Devices to be Worth More Than $23.5 Billion by 2030 According to Business Intelligence Firm

Blockchain-Powered Devices to be Worth More Than $23.5 Billion by 2030 According to Business Intelligence Firm

According to a market research report availed by P&S Intelligence, a business intelligence consulting services firm, the worldwide blockchain devices market was worth $0.3 billion in 2019 but is expected to surpass $23.5 billion by 2030.

WhatsApp to Test Crypto Payments in U.S. by Using Novi Digital Wallet

WhatsApp to Test Crypto Payments in U.S. by Using Novi Digital Wallet

WhatsApp is getting into the payments game with a new pilot test for sending and receiving cryptocurrency in its mobile app.

NiceHash Keeps Promise to Reimburse Victims of 2017 Security Breach

NiceHash Keeps Promise to Reimburse Victims of 2017 Security Breach

NiceHash is making good on its promise to repay victims of the 2017 security breach of its exchange, which saw over 4640 BTC stolen ($55,680,000 in Bitcoin at the time).

LINE to Offer BTC, ETH for Payment Options and Introduce token in March

LINE to Offer BTC, ETH for Payment Options and Introduce token in March

Messenger app LINE is considering adding cryptocurrencies to its payment options and officially launching its native LINK token (LN) in March.

Fireblocks Debut Crypto Payments Engine After Successful Trial With Checkout.com

Fireblocks Debut Crypto Payments Engine After Successful Trial With Checkout.com

Fireblocks is expanding its crypto offerings with new payment engine

Switzerland's Canton of Zug Will Accept Bitcoin and Ethereum For Tax Payments From 2021

Switzerland's Canton of Zug Will Accept Bitcoin and Ethereum For Tax Payments From 2021

The canton of Zug in Switzerland plans to start accepting taxes in cryptocurrencies from the beginning of next year.

Florida Warns Residents About the Rise of Auto Warranty Scammers Asking Crypto Payments

Florida Warns Residents About the Rise of Auto Warranty Scammers Asking Crypto Payments

Consumers lose billions worth of US dollars to fraudulent calls every year, and auto-warranty calls are the biggest source of grief. Florida government warns consumers about scam "auto warranty" robocalls.

Stripe Launches USDC Payments via Polygon

Stripe Launches USDC Payments via Polygon

Stripe has begun providing businesses with the ability to pay their customers in crypto through USDC stablecoin.

New Bitcoin Lightning Network Vulnerability Exposed: The Replacement Cycling Attack

New Bitcoin Lightning Network Vulnerability Exposed: The Replacement Cycling Attack

A new vulnerability termed as "replacement cycling attack" on the Lightning Network has been unveiled by a developer known as mononaut. The attack manipulates the transaction mechanism of the network, potentially causing financial loss to users. This revelation has led to the resignation of security researcher Antoine Riard from the Lightning Network development team. Despite the challenges, the network's locked-in value stands at $159.5 million, indicating its growing popularity since 2018.

Rio de Janeiro to Accept Crypto Property Tax Payment from 2023

Rio de Janeiro to Accept Crypto Property Tax Payment from 2023

Rio de Janeiro is gearing up to be the first city on Brazilian soil to accept tax payments in cryptocurrencies from 2023.

Ecommerce Giant JD.com Accepts China’s Digital Yuan as Payments on Singles Day Shopping Fest

Ecommerce Giant JD.com Accepts China’s Digital Yuan as Payments on Singles Day Shopping Fest

Top ecommerce JD.com accepted China’s digital currency payments during its 11-day Singles Day sales event.

Sygnum Singapore Secures MPI License from MAS

Sygnum Singapore Secures MPI License from MAS

Sygnum Singapore’s acquisition of a Major Payment Institution Licence from the Monetary Authority of Singapore comes amidst a wave of similar regulatory approvals by entities like Coinbase, Blockchain.com, and Crypto.com. This development broadens Sygnum's service offerings and positions it strongly in a competitive yet regulated digital asset market landscape in Singapore, thereby potentially attracting a wider segment of institutional clientele.

Bitvo abandons FTX purchase

Bitvo abandons FTX purchase

Bitvo's shareholder, Pateno Payments, has discontinued the acquisition deal with FTX Canada and FTX Trading. The firm emphasized that its operations have not been affected. Bitvo has never owned, listed or traded the FTX Token FTT or "any similar token". The FTX-owned crypto exchange Liquid suspended its fiat and crypto withdrawals on its Liquid Global platform. FTX acquired the Japanese exchange and its affiliates in February 2022.

Mastercard Will Support Direct Cryptocurrency Payments on its Network this Year

Mastercard Will Support Direct Cryptocurrency Payments on its Network this Year

Mastercard Inc has disclosed that preparations are underway to start supporting some cryptocurrencies directly on its network by the end of the year.

French Luxury Giant Balenciaga Rolls Out Crypto Payment Options

French Luxury Giant Balenciaga Rolls Out Crypto Payment Options

Following Gucci’s footsteps, French luxury fashion house Balenciaga has announced plans to accept crypto payments in selected U.S. stores and its online platform balenciaga.com.

U.S. sanctions: Customers suing Compass Mining

U.S. sanctions: Customers suing Compass Mining

Compass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn't restore clients' Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions.

Ripple Report: Crypto Payments to Save $10 Billion, Speed Up Transactions by 2030

Ripple Report: Crypto Payments to Save $10 Billion, Speed Up Transactions by 2030

Crypto payments are forecasted to save $10 billion and accelerate transactions by 2030, according to a Ripple report.

Binance Rolls Out Crypto Tourism

Binance Rolls Out Crypto Tourism

Binance has launched an inaugural crypto-sponsored vacation dubbed crypto tourism meant to illustrate simple, secure, and efficient travel in Web 3.0.

European Central Bank President: Coronavirus Has Accelerated Digital Currency Adoption

European Central Bank President: Coronavirus Has Accelerated Digital Currency Adoption

COVID-19 has led to an acceleration in digital payments adoption and technological innovation, as seen by the spending pattern of European citizens.

Ripple Unlocks 1 Billion XRP From Escrow, XRP Trades Heavy As US Dollar Loses Value

Ripple Unlocks 1 Billion XRP From Escrow, XRP Trades Heavy As US Dollar Loses Value

Ripple has unlocked 1 billion XRP tokens and is being heavily traded as the US dollar continues to lose value.

The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President

The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President

As the world tries to come to terms with the coronavirus outbreak, recently Edwin Bautista chief executive and president of UnionBank of the Philippines revealed how digital services could support consumers as they increasingly self-isolate themselves or have to work remotely for an extended timeframe. The fintech leader projected the end of cash as the coronavirus crisis provokes banks to fast track the shift towards digital. But will the end of physical cash become a reality? The trend towards cashless remains inevitable as the current events seem to accelerate this process.

Binance Partners with Payment Platform Latam Gateway, Resuming Deposits and Withdrawals Service

Binance Partners with Payment Platform Latam Gateway, Resuming Deposits and Withdrawals Service

Binance cryptocurrency exchange, the world’s largest crypto exchange platform by trading volume has announced a partnership with Brazilian payments platform Latam Gateway to restore deposits in Brazilian reals in the region.

Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement

Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement

Ripple Labs is facing a lawsuit by New Payments Platform Australia (NPPA) for allegedly violating intellectual property rights for the branding of ‘PayID’.

Four Countries to Conduct Cross Border CBDC Payment Trials

Four Countries to Conduct Cross Border CBDC Payment Trials

The Bank for International Settlements (BIS) has joined forces with the central banks of South Africa, Malaysia, Singapore, and Australia to kick start a project dubbed Dunbar aimed at testing the use CBDCs in cross border payments.

Binance Crypto Exchange Launches Fintech Payment Firm Bifinity

Binance Crypto Exchange Launches Fintech Payment Firm Bifinity

Binance's latest fintech firm Bifinity will connect businesses and merchants to cryptocurrency and other popular traditional payment services.

Austrian Telecom Provider Adds Cryptocurrencies to its Payments Network

Austrian Telecom Provider Adds Cryptocurrencies to its Payments Network

With A1 Telekom’s move to accept Bitcoin and other digital currencies as a means of payment, Austrians now have more options in digital transaction payments

UK Consumers Need Better Education on BNPL & Crypto Payments: Research

UK Consumers Need Better Education on BNPL & Crypto Payments: Research

ECOMMPAY said that UK consumers need more education on how to use BNPL and cryptocurrency payments safely.

WeChat Adds Digital Yuan Payment Functionality

WeChat Adds Digital Yuan Payment Functionality

WeChat has integrated the digital yuan into its payment services, allowing users to make payments through the platform. The move aims to increase the digital yuan’s appeal and follows a similar integration by Alipay.

Portsmouth City Now Opens to Pay Taxes in Crypto

Portsmouth City Now Opens to Pay Taxes in Crypto

England’s Portsmouth has announced that its residents can now pay their taxes and other fees in Bitcoin and other cryptocurrencies supported on the Paypal app.

Web3 Payments Company Fuse Launched the Payment API Platform Fuse Charge

Web3 Payments Company Fuse Launched the Payment API Platform Fuse Charge

Web3 payments revolution Fuse officially launched the blockchain payment API platform Fuse Charge.

BigCommerce Partners with BitPay & Coinpayments to Enable Crypto Payments for Merchants

BigCommerce Partners with BitPay & Coinpayments to Enable Crypto Payments for Merchants

Amidst a rise in global demand for alternative payment solutions, BigCommerce provides merchants of all kinds with a scalable solution to accept crypto payments.

Why Facebook's Libra Is Not A Real Cryptocurrency

Why Facebook's Libra Is Not A Real Cryptocurrency

Facebook on Tuesday announced its Bitcoin rival called Libra, a cryptocurrency created by a Facebook subsidiary called Calibra that will be managed by an oversight body called the Libra Association. The Libra coin will not be available immediately, as the announcement only covers the vision and technology behind the Facebook blockchain. But the company says Libra will be private, mostly.

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Blockchain has been making headlines for quite some time now and banks have been widely talking about distributed ledger technology. Several financial institutions and banks have set up innovation labs to carry out proof of concepts so that to explore modern-day technology. A few days ago, Singapore’s Central Banks and JPMorgan announced that they are working on a blockchain pilot system, which is identified to have the potential to initiate multi-currency cross-border payments.

FTX Unveils Billions Repayment Plan to Compensate Creditors

FTX Unveils Billions Repayment Plan to Compensate Creditors

FTX has announced a repayment plan to repay creditors and compensate for time value of investments, but valuation concerns remain over its effectiveness.

Blockchain.com Obtains Digital Payment Token License in Singapore

Blockchain.com Obtains Digital Payment Token License in Singapore

Blockchain.com has secured a Major Payment Institution License from Singapore's MAS, joining 3,427 licensed firms across banking, capital markets, and more.

Brazilian Fintech Firm PicPay Plans to Launch Crypto Services

Brazilian Fintech Firm PicPay Plans to Launch Crypto Services

Brazilian financial technology company, PicPay wants to bring crypto payments to its users by using its app.

Block's Cash App Bitcoin Revenue Falls 7%

Block's Cash App Bitcoin Revenue Falls 7%

Jack Dorsey's Block Inc. reported a 7% reduction in Bitcoin sales in Q4, with its Cash App producing $25 million of BTC gross profit, down 25% YoY.

RippleNet Expands Access to Cross-Border Payments in the Asian Market with Thai FinTech Partnership

RippleNet Expands Access to Cross-Border Payments in the Asian Market with Thai FinTech Partnership

Thailand-based fintech company DeeMoney has joined RippleNet to process more efficient money transfers with competitive rates and low fees for all of Asia.

AMC to Accept Crypto alongside Bitcoin at Movie Theaters before the End of This Year

AMC to Accept Crypto alongside Bitcoin at Movie Theaters before the End of This Year

AMC Entertainment Holdings Inc has disclosed that it will accept a variety of cryptocurrencies as payment for tickets and concession payments at all US theatres by the end of the year.

Dock Plans to Use Cryptos for International Money Transfers: Reuters

Dock Plans to Use Cryptos for International Money Transfers: Reuters

Brazilian financial services platform Dock offers solutions for the entire ecosystem of digital payments and banking. It plans to utilise crypto for international remittances, expanding markets in the Latin American and European regions.

Strike Secures $80m in Funding to Propel Instant Bitcoin Payments

Strike Secures $80m in Funding to Propel Instant Bitcoin Payments

Strike raised $80 million in funding to revamp BTC payments for top financial institutions, marketplaces, and merchants.

Sequoia Software Firm to Pay Employees in Bitcoin

Sequoia Software Firm to Pay Employees in Bitcoin

United States-based Sequoia Software Firm is the latest to offer its employees the option to receive part of their salaries in Bitcoin.

Leading Vietnamese Bank Joins RippleNet to Boost Cross-Border Remittances

Leading Vietnamese Bank Joins RippleNet to Boost Cross-Border Remittances

Orient Commercial Joint Stock Bank (OCB), a large Vietnamese bank with assets worth $4.6 billion, has joined RippleNet as a strategic partner after a 10-month wait.

Singapore Air Charter Embraces Cryptocurrency and Flexible Payment Options

Singapore Air Charter Embraces Cryptocurrency and Flexible Payment Options

Singapore Air Charter introduces flexible instalment plans and cryptocurrency payments, enhancing accessibility to its premium aviation services as of August 16, 2023.

Crypto Payments Ranks as Top Suggestion to Airbnb, Customers Request Better Service

Crypto Payments Ranks as Top Suggestion to Airbnb, Customers Request Better Service

Airbnb’s Co-Founder and Chief Executive Officer, Brain Chesky, said followers are asking the company for integrating digital currency payments ranks as the top suggestion.

Why A-List Celebrities Are Still Promoting Unvetted NFT

Why A-List Celebrities Are Still Promoting Unvetted NFT

Danis tweeted a picture and website URL that “literally spells out S.C.A.M.”

Global Crypto Payment App Industry Value to Hit $2.15 Billion by 2030

Global Crypto Payment App Industry Value to Hit $2.15 Billion by 2030

The surging adoption of blockchain technology is expected to enhance the market size of the worldwide cryptocurrency payments app sector to a value of $2.15 billion by 2030, data shows.

MoneyGram CEO Sees Stablecoin As Future of Payments as Service Needs Grow

MoneyGram CEO Sees Stablecoin As Future of Payments as Service Needs Grow

Stablecoins provide low-cost and easily accessible digital payments across international borders.

Luxury Miami Condominium Arte Now Accepts Bitcoin and Ethereum as a Form of Payment

Luxury Miami Condominium Arte Now Accepts Bitcoin and Ethereum as a Form of Payment

Arte by Antonio Citterio, a high-end luxury condominium located in Miami, announced to accept cryptocurrency as a payment method for luxury residences and developments.

Gate Pay and CityPay.io Partner to Bring Cryptocurrency Payments to Georgia

Gate Pay and CityPay.io Partner to Bring Cryptocurrency Payments to Georgia

Gate Pay has partnered with CityPay.io to offer cryptocurrency payment alternatives to over 600 merchants in Georgia, including restaurant chain Wendy’s. The collaboration aims to bridge the gap between Web3 and people’s daily lives.

Leading Kitchen Equipment Provider CKitchen Embraces Cryptocurrencies

Leading Kitchen Equipment Provider CKitchen Embraces Cryptocurrencies

To keep track of evolving market trends, CKitchen, a leading US-based kitchen and restaurant equipment provider, has rolled out a crypto payment option

Unstoppable Domains and Chainlink Introduce Twitter Verification for Crypto Payments

Unstoppable Domains and Chainlink Introduce Twitter Verification for Crypto Payments

Unstoppable Domains and Chainlink, the secure oracle network, have launched a Twitter authentication service for .crypto addresses.

Bank of England Chooses Accenture To Rebuild UK Payment System

Bank of England Chooses Accenture To Rebuild UK Payment System

Accenture has won a tender with the UK’s central bank to assist in building the UK’s new RTGS (real-time gross settlement) service.

Crypto Payment Provider Alchemy Pay to Launch Virtual Crypto-Linked Card Backed by Visa and Mastercard

Crypto Payment Provider Alchemy Pay to Launch Virtual Crypto-Linked Card Backed by Visa and Mastercard

The leading crypto payment technology provider Alchemy Pay (ACH) announced that it will launch the Virtual Crypto-Linked card, aiming to expand the scope of cryptocurrency payments to meet the growing demand for crypto-related card transactions.

GSR Secures Major Payment Institution Licence from Singapore's MAS

GSR Secures Major Payment Institution Licence from Singapore's MAS

GSR, a global cryptocurrency trading firm, has received In-Principle Approval for a Major Payment Institution licence from the Monetary Authority of Singapore (MAS). The approval allows GSR's Singapore subsidiary, GSR Markets Pte. Ltd., to better serve the cryptocurrency community. The news comes a day after Coinbase Singapore announced its full licence, highlighting the competitive yet regulated crypto landscape in Singapore.

OCC Says US Banks Can Use Blockchains and Stablecoins in Bank Payments

OCC Says US Banks Can Use Blockchains and Stablecoins in Bank Payments

According to the OCC, regulated banks in the US can leverage stablecoins to conduct payments as well as participate as validator nodes on blockchain networks called INVNs.

Iran to Allow Digital Currency Payments for International Trade

Iran to Allow Digital Currency Payments for International Trade

Iran is notably about to double down on its love for digital currencies as a local media platform, Mehr News reports the country is on track to accept cryptocurrencies for international transactions.

Colorado Becomes First US State to Accept Crypto as Tax Payments

Colorado Becomes First US State to Accept Crypto as Tax Payments

Colorado has set the ball rolling as the first U.S. state to offer residents the option of paying taxes in cryptocurrencies.

Coinbase's Base 2024 Mission: Pioneering a Global Onchain Economy

Coinbase's Base 2024 Mission: Pioneering a Global Onchain Economy

Base's 2024 mission focuses on building a global onchain economy, emphasizing decentralization, developer empowerment, a vibrant app ecosystem, and a robust capital market, all while maintaining close ties with Coinbase and the broader crypto community.

Crypto Trading Platform Voyager Digital Acquires Crypto Payments Company Coinify for $85M

Crypto Trading Platform Voyager Digital Acquires Crypto Payments Company Coinify for $85M

American cryptocurrency trading platform Voyager Digital announced on Monday to complete the acquisition of Coinify-a secure online platform that offers an easy way to buy and sell virtual currencies.

Bahamas’ Sand Dollar CBDC Begins Facial-Recognition Rollout to Authorize Mobile Payments

Bahamas’ Sand Dollar CBDC Begins Facial-Recognition Rollout to Authorize Mobile Payments

Millions of Bahamas smartphone users have started using facial recognition technology to authenticate Sand Dollar CBDC payments made through smart devices.

Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own

Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own

Square’s $50 million-dollar move on Bitcoin has pushed the fintech payment company’s stocks higher, enabling it to outperform PayPal shares.

Ethereum Price Could Surge as OCC Permits US Banks to Run Nodes For Stablecoins

Ethereum Price Could Surge as OCC Permits US Banks to Run Nodes For Stablecoins

A recent announcement by the Office of the Comptroller of the Currency (OCC) has provided a mainstream catalyst that could see the ETH price rally to new all-time highs.

Spanish LaLiga Side Espanyol to Accept Crypto Payments Next Season

Spanish LaLiga Side Espanyol to Accept Crypto Payments Next Season

The Spanish football club Espanyol is breaking the record as the first LaLiga side that will be accepting cryptocurrencies as a form of payment for some of its services.

Shopify Adds Another Option for Merchants to Accept Payments in Over 1,000 Cryptocurrencies

Shopify Adds Another Option for Merchants to Accept Payments in Over 1,000 Cryptocurrencies

Shopify adds more than 1,000 cryptocurrencies for its merchants to accept as payment through a new partnership with CoinPayments.

Can Alipay and WeChat Pay Compete With China’s Fee-Free Digital Yuan?

Can Alipay and WeChat Pay Compete With China’s Fee-Free Digital Yuan?

Will Alipay and WeChat Pay survive the People's Bank Of China's rollout of the digital yuan or DCEP?

Matrixport Partners with Simplex to Allow Buying Crypto Using Credit Card

Matrixport Partners with Simplex to Allow Buying Crypto Using Credit Card

Matrixport, the Bitmain spin-off and a leading financial service provider for digital assets, today announced a partnership with the leading payment process company Simplex, enabling users to purchase cryptocurrencies using their credit cards directly and securely on Matrixport.

Four Payment Operators Join in Suspending their Services in Russia amid Ukraine Crisis

Four Payment Operators Join in Suspending their Services in Russia amid Ukraine Crisis

Four payment operators announce to suspend their payment services in Russia following the Russian invasion of Ukraine.

US House Committee to Discuss Stablecoins Regulation

US House Committee to Discuss Stablecoins Regulation

The US House Committee on Financial Services will conduct a hearing on April 19 to evaluate stablecoins’ position as a means of payment and whether the payment ecosystem needs supporting legislation. Circle's chief strategy officer and head of global policy, Dante Disparte, will testify at the hearing, which will focus on various stablecoins and their use in the payments landscape. A draft bill providing a framework for stablecoins in the United States was recently published in the House of Representatives document repository.

Bangladesh Records First Blockchain-Based Remittance with Standard Chartered Bank

Bangladesh Records First Blockchain-Based Remittance with Standard Chartered Bank

The partnership between Standard Chartered Bank, bKash of Bangladesh, and Valyou of Malaysia has given Bangladesh its first blockchain-based cross-border remittance service.

General Motors May Follow Tesla in Accepting Bitcoin Payments but Will Not Invest in Bitcoin - GM CEO

General Motors May Follow Tesla in Accepting Bitcoin Payments but Will Not Invest in Bitcoin - GM CEO

General Motors CEO Mary Barra has revealed that the car producer could accept Bitcoin as a payment method, but this would depend on whether there is customer demand.

Elon Musk's X to Launch In-App Payment Services by Mid-2024

Elon Musk's X to Launch In-App Payment Services by Mid-2024

Elon Musk's X plans to launch in-app payment services by mid-2024, indicating a shift from his previous crypto interests to fiat currency.

Worldline and Bitcoin Suisse to Revitalize Swiss Point of Sales with Crypto Usage

Worldline and Bitcoin Suisse to Revitalize Swiss Point of Sales with Crypto Usage

Worldline, a top European company in the payments and transactional services industry, has struck a deal with Bitcoin Suisse, a notable Swiss crypto financial services firm, to present crypto payment services to Swiss consumers and merchants both in-web shops and in-store.

CBDCs on the Rise: What the Decline of Physical Cash Means for Blockchain and Privacy

CBDCs on the Rise: What the Decline of Physical Cash Means for Blockchain and Privacy

The decline in the use of physical cash raises important questions about the loss of personal freedom and privacy. As central banks explore the development of CBDCs, the design and implementation of these digital currencies will play a critical role in balancing convenience and personal liberties.

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Financial giant, Western Union is in discussions to acquire cross-border payments company MoneyGram according to an anonymous source close to the deal.

Libra Association Appoints Former HSBC Executive Ian Jenkins As CRO and CFO Of Payment Systems

Libra Association Appoints Former HSBC Executive Ian Jenkins As CRO and CFO Of Payment Systems

Libra Association has announced the appointment of former HSBC executive Ian Jenkins as chief risk officer and chief financial officer of Libra Networks.

French Man Who Paid $500,000 In Bitcoin to Activists Involved in US Capitol Hill Riot Leaves Behind A Suicide Note

French Man Who Paid $500,000 In Bitcoin to Activists Involved in US Capitol Hill Riot Leaves Behind A Suicide Note

A Frenchman, who paid more than $500,000 In Bitcoin to Trump supporters left behind a scathing suicide note justifying his health difficulties.

UK Barclays Bank Restricts Customers from Sending Funds to Binance Exchange

UK Barclays Bank Restricts Customers from Sending Funds to Binance Exchange

Barclays Bank in the United Kingdom has halted payments to Binance just a few days after the regulator FCA imposed a ban.

European Central Bank Assesses Potential Digital Euro CBDC Issuance

European Central Bank Assesses Potential Digital Euro CBDC Issuance

The European Central Bank (ECB) evaluated whether a digital euro would be a beneficial addition to its financial system through an October report.

Crypto for Sex: Blockchain Takes Off in the Adult Entertainment Industry

Crypto for Sex: Blockchain Takes Off in the Adult Entertainment Industry

Cryptocurrencies have become increasingly popular in the adult entertainment industry, as it can guarantee a high level of anonymity to its users, especially for pornography-related businesses.

Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money

Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money

Central Bank Digital Currencies (CBDC) could be the most important payment trend in development with the most profound effects on our systems of payment and money issuance according to Cuy Sheffield, Visa’s head of cryptocurrency.

Binance Temporarily Suspends SEPA Euro Bank Deposits, Citing Events Beyond Its Control

Binance Temporarily Suspends SEPA Euro Bank Deposits, Citing Events Beyond Its Control

Cryptocurrency exchange Binance is facing increasing hurdles in Europe. The financial institution announced to temporarily suspend Euro bank deposits through the Single Euro Payments Area (SEPA) network.

Upbit Singapore Acquires Preliminary MAS Approval for Major Payment Institution Licence

Upbit Singapore Acquires Preliminary MAS Approval for Major Payment Institution Licence

Upbit Singapore has received an in-principle approval for a Major Payment Institution licence from the Monetary Authority of Singapore, a significant step towards establishing a stronger digital asset business in Singapore. This provisional approval will enable Upbit Singapore to continue offering regulated Digital Payment Token services as per the Payment Services Act 2019 while awaiting the full license.

Women in Payments CEO: Less than 5% of VCs Invest in Women-Led FinTech Companies

Women in Payments CEO: Less than 5% of VCs Invest in Women-Led FinTech Companies

With a background in engineering, Kristy Duncan, the CEO of Women in Payments started her career in banking and then into the payments industry. Duncan has then been fascinated with the payments market, and is a “payments geek at heart.” She started Women in Payments in 2012, Looking to add value in a different way, to connect, inspire, and champion women who are working in the payments industry globally.

What Can You Buy With Bitcoin?

What Can You Buy With Bitcoin?

Bitcoin's price has surpassed the $16,000 resistance for the first time since 2017, but as the crypto's value increases it begs the question—what can you buy with Bitcoin?

New York State Introduces Bill Allowing State Agencies to Accept Crypto

New York State Introduces Bill Allowing State Agencies to Accept Crypto

The crypto sector has attacked New York's "BitLicense" and crypto mining restrictions.

Wharton Accepts Cryptos as Tuition Fees for Blockchain Courses

Wharton Accepts Cryptos as Tuition Fees for Blockchain Courses

The Wharton School officially accepts crypto as a payment method for blockchain courses through Coinbase exchange.

Brazilian Lawmaker Advocates for Workers to Receive Payment in Crypto

Brazilian Lawmaker Advocates for Workers to Receive Payment in Crypto

Brazilian Federal lawmaker, Luizão Goulart has proposed a bill that will see both government and private employees receive their remuneration in digital currencies.

Mango Markets Proposes to Refund Victims after $114m Hack

Mango Markets Proposes to Refund Victims after $114m Hack

Mango Markets proposes a refund plan to victims after the hacking incident. The company said one of the repayment strategies is to cut down the difference between the tokens users had before the exploit and the tokens they will receive.

Samsung Collaborates with Israel’s Credorax On Automated Blockchain Platform For Merchants

Samsung Collaborates with Israel’s Credorax On Automated Blockchain Platform For Merchants

Samsung SDS has signed an agreement with Israel’s fintech startup Credorax to build payment solutions to serve European merchants and banks.

Stripe Could Resume Bitcoin Payments, after it Suspended the Service for 3 Years

Stripe Could Resume Bitcoin Payments, after it Suspended the Service for 3 Years

Irish-American financial services and software as a service company, Stripe is likely to resume its Bitcoin payment services in the near future, a move the company halted back in 2018.

Bitpay Now Supports Binance's Stablecoin For Global Payments

Bitpay Now Supports Binance's Stablecoin For Global Payments

Binance and Bitpay have partnered to enable consumers and merchants to access Binance stablecoin.

Ripple: 99% of Respondents Would Consider Using Digital Assets to Process Cross-Border Payments

Ripple: 99% of Respondents Would Consider Using Digital Assets to Process Cross-Border Payments

Ripple’s third annual Blockchain in Payments report identified that blockchain adoption is key to successful growth strategies for financial institutions.

Stablecoins Will See Bigger Adoption than CBDCs, says Circle Founder

Stablecoins Will See Bigger Adoption than CBDCs, says Circle Founder

Central bank digital currency (CBDC) across global economies appear to be inevitable, as central banks have been issuing their own pilot tests of CBDC.

MoneyGram CEO Praises Ripple XRP for Providing Speed and Efficiency for Cross-Border Payments

MoneyGram CEO Praises Ripple XRP for Providing Speed and Efficiency for Cross-Border Payments

MoneyGram CEO Alex Holmes praised Ripple for the innovation it was providing to the blockchain and cryptocurrency space.

Singapore and Cambodia to Explore CBDC to Boost Payments Ecosystem

Singapore and Cambodia to Explore CBDC to Boost Payments Ecosystem

Singapore and Cambodia are notably exploring the use of CBDCs and digital currencies to improve their payment ecosystem efficiency and bolster the growth of startups aboard.

American Convenience Store Chain Sheetz To Accept Cryptocurrencies as Payment Option

American Convenience Store Chain Sheetz To Accept Cryptocurrencies as Payment Option

Sheetz announced that the company would start accepting cryptocurrencies for payments this summer.

Ripple to Launch Payment Corridor in Kuwait while Continuing to Seek CBDC Opportunities for XRP

Ripple to Launch Payment Corridor in Kuwait while Continuing to Seek CBDC Opportunities for XRP

Kuwait Finance House (KFH) becomes the first bank in Kuwait to leverage Ripple’s services to settle cross-border payments.

Ukraine Plans to Pilot CBDC Digital Hryvnia for Salary Payments

Ukraine Plans to Pilot CBDC Digital Hryvnia for Salary Payments

Ukraine has announced pilot testing plans for central bank digital currency to pay the national digital currency (CBDC) to its workers' salaries.

Binance Pay and Credencial Payments Join Forces to Enable Real-Time Crypto Payments in Latin America

Binance Pay and Credencial Payments Join Forces to Enable Real-Time Crypto Payments in Latin America

In a strategic alliance aiming to revolutionize the digital payment landscape, Binance Pay, the digital payment platform of the world's largest crypto exchange, Binance, has partnered with Latin American (LATAM) company Credencial Payments.

Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption

Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption

Santander Bank, a major European financial presence and one Ripple’s most prestigious partners is reportedly hesitating to add XRP to its international payments network - One Pay FX

Blockchain-Powered Cross-Border B2B Transactions to Surpass $4.4 Trillion by 2024

Blockchain-Powered Cross-Border B2B Transactions to Surpass $4.4 Trillion by 2024

According to Juniper Research, blockchain-enabled B2B cross-border payments will be more than $4.4 trillion by 2024. This will be a substantial rise from the current $171 billion.

Tether becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain

Tether becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain

Tether, a reputable stablecoin provider, has incorporated its U.S. dollar-backed stablecoin USDT into Algorand’s blockchain ecosystem. Tether’s presence on Algorand will facilitate block confirmation in less than four seconds and transaction fees will be a fraction of a cent.

Payments Firm Bolt Scraps $1.5B Proposed Acquisition of Crypto Firm Wyre

Payments Firm Bolt Scraps $1.5B Proposed Acquisition of Crypto Firm Wyre

Bolt said that it has pulled out of a $1.5 billion deal to buy crypto firm Wyre amid market downturn.

Reserve Bank of Australia Meeting Finds No Strong Case for CBDC or e-AUD

Reserve Bank of Australia Meeting Finds No Strong Case for CBDC or e-AUD

The Reserve Bank of Australia has found no strong public policy-case to issue a retail central bank digital currency (CBDC).

What is Ripple (XRP)?

What is Ripple (XRP)?

Founded by RippleLab’s Chris Larsen and Jed McCaleb and released in 2012, Ripple is a global payment system that leverages open-source distributed ledger technology.

Allegations of fraud against Compass Mining after company cuts ties with Russian

Allegations of fraud against Compass Mining after company cuts ties with Russian

Compass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn't restore clients' Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions.

AMC Theatres Accepts Crypto Payments to Purchase Electronic Gift Cards

AMC Theatres Accepts Crypto Payments to Purchase Electronic Gift Cards

AMC Theatres, America’s top theater, first launched an electronic gift card that can be purchased with cryptocurrency.

Bybit Launches Debit Card for Crypto Payments

Bybit Launches Debit Card for Crypto Payments

Cryptocurrency exchange Bybit is launching a new debit card that will allow users to make payments and withdraw cash using their cryptocurrency holdings. The card will work with Bitcoin, Ether, Tether, USD Coin, and XRP balances on user accounts and will be issued by payments solutions provider Moorwand.

Top Four South Korean Banks Announce Plans to Provide Cryptocurrency Custodial Services

Top Four South Korean Banks Announce Plans to Provide Cryptocurrency Custodial Services

Two of South Korea’s top banks have recently announced that they were looking into providing cryptocurrency custodial services to their clients.

Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’

Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’

Taking a page from North Korea, Venezuela is looking to skirt U.S. sanctions by using crypto. According to Bloomberg, Venezuelan President Nicolas Maduro announced a crypto payment method that they will activate “very soon.”

Thailand's Mystic Valley Music Festival To Receive Payment Via its Minted MYST Tokens

Thailand's Mystic Valley Music Festival To Receive Payment Via its Minted MYST Tokens

Thailand's Mystic Valley music festival will be accepting payment for tickets from attendees through its own native MYST tokens.

Greyp Teams Up with Blockchain Entities for Automated Payment System

Greyp Teams Up with Blockchain Entities for Automated Payment System

Greyp, a Croatian mobility tech startup and electric bike manufacturer, has partnered with two blockchain firms, the Energy Web Foundation (EWF) and slock.it, to establish an automated payment structure for IoT vehicles.

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

All banks in the eurozone could share the instant payment system at the end of 2020, as reported by Reuters on 26 June.

Litecoin Trading Volume Spikes 55% After Pornhub Adds LTC As New Payment Method

Litecoin Trading Volume Spikes 55% After Pornhub Adds LTC As New Payment Method

The transaction volume of Litecoin spiked by 55% two days after Pornhub added LTC as a new mode of payment.

Cardano Partners With COTI To Enable Merchant Transactions via ADA Payment Gateway

Cardano Partners With COTI To Enable Merchant Transactions via ADA Payment Gateway

Cardano, an independent body, based in Zug, Switzerland just partnered with COTI, an enterprise-grade fintech platform, to create an ADA payment solution for merchants.

IOTA Creates Payment System Compatible With Any App or Game

IOTA Creates Payment System Compatible With Any App or Game

A developer has revealed that IOTA, a distributed ledger protocol created by the IOTA Foundation, has been integrated into a payment system, which can be utilized in any app or game. Expressly, it functions seamlessly on all platforms, cush as Xbox one, WebAbb, Windows, Android, Playstation 4, Linux, and iOS, among others.

Uber CEO Reveals the Firm Will Consider Accepting Bitcoin as Payment

Uber CEO Reveals the Firm Will Consider Accepting Bitcoin as Payment

Uber CEO has said that the company is open to accept Bitcoin as a means of payment, but won’t purchase the cryptocurrency for its corporate balance sheet.

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