2023-6-23 18:14 |
JP Morgan, the U.S.-based investment bank, has widened the scope of its blockchain-oriented payment platform, JPM Coin, to include euro-based transactions for corporate customers.
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JPMorgan launched the JPM Coin, a live blockchain application aiming to provide an alternative payment rail running on blockchain, in 2019. JPM Coin is part of JPMorgan’s blockchain-based platform known as Onyx Coin Systems.
2023-6-23 15:15 | |
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David Marcus, an executive whose past stints include working at Meta and PayPal is now building a payment solution that leverages the Bitcoin Lightning Network (LN)
2023-6-10 11:31 | |
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Twitter CEO Elon Musk has enlisted a small team to explore how the social media giant could pivot towards digital payments and processing, which could include crypto, the Financial Times reported.
2023-1-31 23:22 | |
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The reforms include regulating stablecoins as a means of payment and creating a sandbox where firms and regulators can test new financial technologies.
2022-12-10 16:25 | |
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Zeerozone (ZEZO) is a space-exploration game that uses blockchain technology to solve traditional online games’ problems. The fundamental issues with most online games include payment gateways, centralized gaming items, and the social isolation of players.
2022-9-7 10:24 | |
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International Monetary Fund (IMF) took a broad step in recommending creating a payment system with eco-friendly practices. It undertook a study on energy consumption based on the consensus mechanisms of different cryptocurrencies in the ecosystem.
2022-6-10 15:00 | |
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China has expanded its central bank digital currency pilot program to include the payment of tax, stamp duty and social security.
2022-4-29 07:47 | |
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Crypto payment platform MoonPay recently announced that it raised $87 million from about 60 A-list celebrities. The investors include singers like Justin Beiber and Snoop Dogg, tennis player Maria Sharapova and actors such as Bruce Willis, Ashton Kutcher, and Gwyneth Paltrow.
2022-4-14 04:00 | |
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Canadian Deputy Prime Minister and Minister for Finance Chrystia Freeland announced at a press conference that the government has invoked the Emergencies Act to expand the scope of anti-money laundering and terrorist financing rules to cover crowdfunding platforms and their payment service providers in an effort to crack down on the “Freedom Convoy” protests.
2022-2-16 22:00 | |
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Bistroo, a peer-to-peer blockchain-based food and beverages market is thrilled to announce that merchants can now accept payment in cryptocurrencies. Other than fiat currency, and the platform’s native $BIST token, payment is now possible with Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Litecoin (LTC), and Bitcoin Cash (BCH).
2021-10-29 20:00 | |
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Key takeaways Verifone to allow over 600,000 U. S. merchants to accept selected cryptocurrencies as payment in partnership with BitPay. The cryptocurrencies involved include Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Bitcoin Cash (BCH), and others.
2021-9-29 14:54 | |
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Starbucks expanded its payment services to include Bitcoin in El Salvador on Tuesday, at the same time the country became became the first to adopt Bitcoin as legal tender.
2021-9-9 22:34 | |
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The first and the largest cryptocurrency by market capitalization, Bitcoin, gets more adoption from reputable companies. Unified Wholesale Mortage, the US mortgage lender, aspires to include digital assets as a payment option by 2021.
2021-8-25 19:00 | |
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ForgingBlock, a platform that lets retailers accept decentralized bitcoin and cryptocurrency payments, today announced the launch of its new, streamlined merchant dashboard. “Back in late 2019, the ForgingBlock dashboard made it easy to include an embedded payment form generated directly from the dashboard without any development needed.
2021-6-9 22:54 | |
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JPMorgan Chase & Co has announced job posts calling for crypto-savvy employees and those with experience in Bitcoin and Ethereum. The job postings all reveal the bank’s intentions to include digital currency services as part of its banking merchant and consumer payment services, though very cautiously.
2021-6-4 20:36 | |
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There are a number of milestones that bitcoin lovers anticipate happening in the next decade. These include bitcoin being accepted by more merchants for payment for goods and services, bitcoin being added to the balance sheets of prominent companies, and of course, the bitcoin exchange-traded fund.
2021-5-17 16:53 | |
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E-commerce giant, eBay Inc, has revealed a tentative plan to include crypto payments among its range of payment options for customers. The world’s 66th most valuable company made this announcement in a CNBC interview with the company’s CEO, Jamie Iannone, who stated that the company has started ‘considering’ the option given the growing demand for […]
2021-5-4 12:59 | |
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Mainstream firms entering the Bitcoin market have begun to adopt the option of storing their assets in Bitcoin and boycotting the option of converting to fiat. Some of these businesses include Tesla, and most recently Oakland Athletics Suite Payment services.
2021-4-1 01:00 | |
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One of the biggest baseball teams in the United States is opening its doors to bitcoin as a form of payment for suite tickets. Oakland Athletics, a leading BaseBall club with a valuation of $1.1 Billion will expand its payment portfolio to include Bitcoin as its first cryptocurrency payment option. The president of the baseball […]
2021-3-30 22:55 | |
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With the growing popularity of the largest cryptocurrency, Bitcoin [BTC] many others who are a part of the tech world want to include the digital asset in their systems as a payment option. The latestThe post Microsoft polls Xbox users on Bitcoin as a payment method appeared first on AMBCrypto.
2021-3-22 16:00 | |
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A crowdfunding system by the Monero (XMR) community has raised $160,000 in a bid to make Tesla start accepting XMR as a payment option. The community asked Tesla’s chief executive officer Elon Musk to include XMR as one of the payment options for Tesla 3 model vehicles.
2021-2-11 12:49 | |
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China’s Blockchain Service Network (BSN) laid out its plans for 2021 on Jan. 15. The company expects to build a universal digital payment network (UPDN) over the course of five years. However, its goals for 2021 include launching a beta-test version of the UPDN in the second half of the year.
2021-1-17 13:52 | |
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-BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, announced today that mobile payments app Slide, created by PayPal backed Raise Marketplace, is...
2020-12-19 10:47 | |
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Binance, the popular crypto asset infrastructure and exchange company, today announced its expansion of enterprise services through Binance Cloud to include perpetual futures, DeFi enterprise solutions, and third-party payment solutions.
2020-11-7 08:18 | |
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Chinese central bank has begun trialing operations with credit cards that include DCEP payments for transportation card charge, retail, catering and other payment areas
2020-9-22 15:03 | |
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Two new European Union documents have proposed a four-year window for incorporating crypto assets into the E. U. ’s payment infrastructure. The documents include plans for the E. U. executive to put forward a law to iron out any regulatory kinks and if necessary create new regulation for crypto adoption in the E.
2020-9-19 23:36 | |
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Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch.
2020-7-12 03:01 | |
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Sablier, a dApp built-on Ethereum for continuous payments, is now live. Sablier focuses on companies, employees, and payroll. However, it has many use-cases, other useful applications include: freelancing subscriptions, taxes, consultancy (lawyers, doctors) rent, etc.
2019-12-16 14:57 | |
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The Liechtenstein Cryptoassets Exchange (LCX), announced today fresh updates for its advanced multi-exchange crypto trading platform, the LCX Terminal. New features include a free-tier plan, new payment methods, improved ID verification process, new exchange connection, and overall performance enhancements.
2019-12-3 00:12 | |
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Almost 200 cryptocurrency exchanges and token issuing platforms have been shut down. According to the People’s Bank of China’s (PBoC) financial report, the country will continue to crack down on “unlicensed payment” businesses, which include online lending institutions and other financial companies operating on the internet.
2019-11-26 22:15 | |
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Metal, the mobile cryptocurrency payment app, has announced its newest update with version 2. 0 now released. To celebrate the new version, starting today the Metal team is offering 0% fees on native MTL purchases for all users.
2019-11-11 11:27 | |
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A brand new lawsuit alleges that cryptocurrency exchange Bitfinex and its sister company Tether manipulated the digital currency market. According to a lawsuit filed in New York over the weekend, Bitfinex and Tether “engaged in unfair, deceptive, untrue or misleading acts” by failing to disclose that Tether was not backed 1:1 to by the US dollar.
2019-10-8 14:43 | |
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Facebook’s Project Libra has applied for a payment system license from the Swiss Financial Market Supervisory Authority (FINMA). FINMA says Libra’s service offerings will, however, require a broader oversight that would include operational risks, liquidity and more, according to a Reuters report on September 11, 2019.
2019-9-12 09:00 | |
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A United Nations (UN) report has disclosed how the intergovernmental organization is investigating at least 35 cyberattacks led by North Korea, South China Morning Post reports. The attacks include cryptocurrency exchange hacks and crypto-jacking campaigns.
2019-8-13 12:08 | |
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Reassurance for Canadians: Cryptocurrency exchanges across the nation will now only have to report transfers of more than CA$10,000 ($7,663). It comes after the Canadian government relaxed some of its new anti-money laundering regulations following feedback from payment service providers and cryptocurrency exchanges.
2019-7-11 15:50 | |
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Ubisoft found a comfy seat on the top of the bandwagon, because it’s launched its own streaming service, called Uplay+. By itself, this wouldn’t be earth-shaking news: the company is joining the ranks of several companies, offering access to a library of games in exchange for a monthly payment.
2019-6-11 02:06 | |
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Online presence is essential for any business today and especially for projects that deal with cryptocurrencies. Abaco Hosting offers this type of solutions to small and medium enterprises, and companies from the crypto industry can take advantage of its flexible payment options.
2019-5-21 14:59 | |
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Crypto as a method of payment has just gotten easier. Coinbase Commerce has expanded to include USD Coin as a settlement option, allowing merchants to accept crypto without transaction fees, chargebacks, or price volatility.
2019-5-21 03:39 | |
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It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that.
2019-5-13 21:33 | |
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On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies.
2019-5-11 21:34 | |
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Blockstream's Liquid Network has expanded to include 14 new members. With these additions, Liquid’s client base now boasts 35 institutions. The company also announced that Liquid is now available on Bitfinex and RenrenBit, a crypto finance app.
2019-5-8 18:47 | |
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By CCN: Ripple has announced its latest partnership. Ria Money Transfer will use RippleNet to facilitate real-time blockchain-powered global payments. XRP, of which Ripple is the largest holder, is up 1% today.
2019-5-3 20:40 | |
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The Dutch central bank developed and evaluated four distributed ledger technology (DLT) prototypes in three years, but so far blockchain hasn’t lived up to the hype, The Banker reports. In fact, the only use-case it can easily envision is cross-border payments, after it discovered that markets with efficient payment systems that exist (such as Nordic countries and the Netherlands) don’t really benefit from blockchain.
2019-5-1 17:15 | |
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Federal tax season just passed in the United States, but if you’re one to leave responsibility to the wayside and had to apply for an extension, that might just pay off.
2019-5-1 23:39 | |
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The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.
2019-4-27 01:30 | |
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According to a recent report released by CoinDesk, the investment banking giant JP Morgan Chase aims at expanding its blockchain payment services to reach 220 banking members. The intention is to include settlement features and compete against companies such as Ripple.
2019-4-22 17:47 | |
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Bitcoin fund Adamant Capital is convinced that the bottom of the bear market is in, and true to its name, the firm has laid out an unwavering case for this position with some persuasive hard data and fundamental analysis.
2019-4-20 22:59 | |
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Тhe WINBIX marketplace aims to create a new channel for sales, allowing participants to sell goods at the demand prices at any time. The system uses the reversed auction model. The price of the goods decreases until one of the participants stops the auction.
2019-4-15 06:03 | |
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Online money transfer technologies have facilitated individuals with fast and efficient transfer of payments across the world. Additionally, users today purchase goods and services from e-commerce websites and pay for transactions online in just a matter of a few clicks.
2019-4-10 18:52 | |
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JPMorgan is rolling out instant dollar-euro FX settlement on its Kinexys blockchain, with sterling set to follow pending regulatory clearance. Banking giant JPMorgan Chase & Co. is set to bring foreign exchange settlements for dollar-euro transactions on its blockchain platform…
JPMorgan says the crypto market will see a decent bounce starting in August, but has reduced the year-to-date net flows from $12 billion to $8 billion. Analysts at the bank shared the new forecast for crypto in a research note,…
In a recent analysis by JPMorgan, Bitcoin has surpassed gold in terms of investor portfolio allocation when adjusted for volatility.
Bitcoin is on a tear. Soaring past $70,000, the cryptocurrency is reaching record highs in 2024. This rally is fueled by a perfect storm: the approval of exchange-traded funds (ETFs) that track Bitcoin’s price, and the impending “halving” event, which will significantly reduce the number of new Bitcoins being created.
Jamie Dimon, best known for his criticism of Bitcoin, cited concerns about its association with illegal activities while acknowledging individuals’ right to invest in crypto. JPMorgan CEO Jamie Dimon now appears to be willing to support individuals’ right to purchase…
Blockchain appears to be losing momentum as more and more institutional traders lose their belief in the technology, a recent survey by JPMorgan shows. According to a recent survey conducted by JPMorgan among more than 4,000 institutional traders, an alarming…
In a new analysis, JPMorgan has raised concerns about the potential outflow of funds following the possible conversion of Grayscale Bitcoin Trust (GBTC) into an ETF. The banking giant estimates that the conversion could prompt investors to withdraw at least $2.