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Singapore Implements New Legislation to Govern Crypto Market Participants 

Singapore’s financial watchdog, the Monetary Authority of Singapore (MAS), has announced that its Payment Services Act (PSA) is now live. The PSA aims to strengthen the existing regulatory framework governing cryptocurrency exchanges and other financial services platforms, while also fostering consumer protection and promote users’ confidence in digital payments, according to a press release onRead MoreRead More. дальше »

2020-1-29 18:00


Monetary Authority of Singapore To Add AML Rules To Crypto With Payment Services Act

The MAS (Monetary Authority of Singapore) has announced measures to update the existing regulatory framework guiding all digital payments. Announced early Tuesday morning, the PSA Act of 2019 (Singapore’s Payment Services Act) is aimed at introducing DPT (Digital Payment Services) under the existing AML and CTF (Anti-money laundering and counter-terrorist-financing) rules. By doing so, it […] дальше »

2020-1-28 17:44


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This Country is Now Open to Global Crypto Exchanges Expanding Locally

With Singapore’s Payment Services Act coming into effect, crypto exchange platforms can now apply for operating licenses in the country. Crypto Exchange Platforms Now Legalized in Singapore Back in September 2019, Singapore’s parliament passed the Payment Services, Bill, into law, creating the Payment Services Act with the new law coming into effect on Tuesday (January 28, 2019). дальше »

2020-1-28 12:31


Travala Expands Its Crypto Payments Options By Adding NEM’s XEM Token

Travel platform Travala, a firm that allows its customers to pay for hotel accommodations using digital currencies, has partnered with the NEM Foundation to support XEM token payments. In a blog post, Travala and NEM Foundation announced that XEM has been integrated as a payment option on Travala’s platform. In this regard, XEM is now […] дальше »

2020-1-26 17:42


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This Ripple Backed Firm is Eyeing Indian Market Dominance

MoneyGram, the cross-border payment system backed by Ripple, will aim to become a leader in carrying remittances for the Indian market. Ripple Backed MoneyGram Aims for Bigger Share of the Indian Remittances Market After forming a strategic partnership with EbixCash, MoneyGram will aim to grab the biggest market share in India, reported The Hindu Business Line. дальше »

2020-1-26 13:00


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Paypal Pullout Prompts Pornhub to Add Tether as Payment Option for Its Adult Models

The porn industry is seen by many as a perfect fit for widespread cryptocurrency usage as it suffers from financial censorship far more than most businesses. When Paypal stopped servicing Pornhub models, the company hinted it might turn to digital currency as an alternative and now this has been accomplished with the Tether stablecoin USDT. дальше »

2020-1-24 03:00


Pornhub adds support for Tether following PayPal’s ban last year

Pornhub, a leading adult entertainment website, recently began supporting a new cryptocurrency payment method after PayPal ended support for the company’s models last year. Pornhub’s management notes that it will now accept major stablecoin Tether, which maintains a one-to-one peg with the US dollar and currently has a market capitalization of over $4. дальше »

2020-1-23 19:06


Payment Provider Square Wins US Patent For Real-Time Crypto-To-Fiat Automatic Swaps

Square has been awarded a patent for a payment network that will allow individuals holding various types of of assets to transact with each other in real-time. The application reads: “The present technology permits a first party to pay in any currency, while permitting the second party to be paid in any currency.” According to […] дальше »

2020-1-23 18:40


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Bitcoin Cash Proposed Miner Tax Could be a Suicidal Move

It has been suggested by BTC.Top CEO Jiang Zhuoer and a cartel of other miners, that a 12.5 percent tax be imposed on Bitcoin Cash (BCH) block rewards for development fees on the protocol. This comes with a threat of orphaned blocks for those who don’t adhere to the payment and an overarching feeling of […] The post Bitcoin Cash Proposed Miner Tax Could be a Suicidal Move appeared first on BeInCrypto. дальше »

2020-1-24 16:10


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Crypto Payments Platform BitPay Announces XRP Support

BitPay, a leading Bitcoin (BTC) and altcoin payment processor in the cryptocurrency industry on January 21, 2020, announced that it had added support for Ripple Inc. ’s XRP digital token. BitPay Adds Support for XRP The third-largest cryptocurrency by reported market cap – XRP – has been added by BitPay to its list of supported digitalRead MoreRead More. дальше »

2020-1-23 10:00


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Bitcoin Confirmation Times Have Dropped 20% Since Q4 2019

A financial publication recently gathered data on Bitcoin transaction times, payment network reliability, and transaction performance — and the results speak positively of the digital currency. Bitcoin’s execution time has been steadily decreasing and improvements in the technology emphasize how cryptocurrencies outdo banks by a considerable margin. дальше »

2020-1-23 00:22