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The future of payments: How blockchain is reshaping business transactions and consumer remittances
Blockchain technology has made significant advancements across various sectors, but it can be challenging to distinguish between real-world applications and lofty promises. Two standout cryptocurrency use cases have begun to showcase their transformative power: business transactions and consumer remittances. дальше »
2023-7-22 17:00
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Op-ed: US banks launch 24/7 Instant Payments – does FedNow reduce risk of CBDCs?
The U. S. Federal Reserve’s (Fed) long-awaited instant payment service, FedNow, is set to launch imminently, promising a significant development in the country’s payment system. As reported by Reuters on July 20, with this service, everyday Americans will soon be able to send and receive funds in real-time, 24/7, a revolutionary stride in the U. дальше »
2023-7-20 16:40
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Lightning Labs releases tools letting AI transact and hold Bitcoin
AI models such as ChatGPT could soon be able to buy, sell and use Bitcoin on the Lightning Network.
дальше »2023-7-7 07:25
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Crypto-friendly DBS Bank launches digital yuan payment tool
Crypto-friendly bank DBS has conducted the first e-CNY transaction for corporate clients, involving a catering company in Shenzhen. дальше »
2023-7-5 13:25
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Mastercard’s MTN network is groundbreaking, but crypto connection is unclear
Mastercard announced its Multi-Token Network (MTN) on June 28. The platform is specifically designed to handle transactions involving blockchain and digital assets, according to the company’s announcement. дальше »
2023-6-30 04:55
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JP Morgan starts offering euro transfers with JPM Coin payment system
JP Morgan Chase has begun to allow clients to use its blockchain-based payment system for EU payments, Bloomberg reported June 23. That report indicates that JP Morgan began to offer JPM Coin for transactions denominated in euros for the first time on June 21. дальше »
2023-6-24 23:55
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Circle is latest recipient of Major Payment Institution license in Singapore
The stablecoin issuer is the second crypto company to receive Singapore’s MPI license this month, following Crypto.com.
дальше »2023-6-8 23:33
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Mercado Bitcoin, Brazil's Largest Crypto Exchange, Receives License as a Payment Institution
The company plans to offer financial services that combine the potential of crypto with traditional financial services. дальше »
2023-6-3 23:22
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Alchemy Pay teams up with Mastercard for ‘NFT Checkout’
Alchemy Pay has partnered with Mastercard to bring “NFT Checkout” – a direct payment method for digital artwork. The company intends the integration to improve accessibility to the NFT market, revolutionizing how users interact with digital artwork. дальше »
2023-6-2 18:02
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Unbanked shuts down crypto services, says US regulations prevented fundraising
Unbanked, a cryptocurrency card and trading platform, said May 25 that it would be winding down its services due to harsh U. S. regulations. Regulations affected funding Unbanked cited regulations as the primary reason for its shutdown. дальше »
2023-5-26 03:30
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Percentage of Americans holding, using crypto fell in 2022: Fed survey
Americans holding or using crypto fell from 11% in 2021 to 8% in 2022, per the Fed’s 2022 Economic Well-Being of U. S. Households report – released this month. The Fed attributed the drop in holding and using crypto to the fall in digital asset prices last year. дальше »
2023-5-25 12:32
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Fed forecasts ‘mild recession’ in 2023
Quick Take The FOMC minutes were released Thursday, showing a split among members over further rate hikes. However, it was clear that rate cuts will not be happening in the near future. In the staff economic outlook, it was stated a “mild recession” could occur later this year. дальше »
2023-5-25 11:59
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Tether-KriptonMarket partnership allows small Argentinian businesses to accept USDT
Tether has entered a partnership with fiat on and off-ramp solution KriptonMarket that will allow local businesses in Argentina to accept payments in USDT. Tether and KriptonMarket’s collaboration will bring USDT acceptance to the Central Market of Buenos Aires, one of the largest movers of fruits and vegetables in Latin America. дальше »
2023-5-19 18:31
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Australia’s oldest bank bans payments to Binance
Westpac, Australia’s oldest bank, announced a ban on cryptocurrency transactions to certain exchanges on May 18. The bank said that it is blocking a number of crypto exchanges as part of a trial to “reduce scam losses. дальше »
2023-5-18 15:30
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BIS issues comprehensive paper on offline CBDC payments
According to the Bank for International Settlements, offline payments with CBDCs raise new risks related to counterfeiting, fraud and privacy concerns. дальше »
2023-5-12 18:30
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North Carolina House passes bill banning CBDC payments to the state
The latest version of the legislation included limiting the Federal Reserve from using the U.S. state as a potential testing ground for its own CBDC pilot. дальше »
2023-5-5 20:00
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Fuse blockchain pledges $10M for ecosystem development
Grants valuing between $5,000 and $25,000 will be allocated to qualifying project teams.
дальше »2023-5-4 19:43
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Mastercard to expand crypto payment card program
Raj Dhamodharan, Mastercard’s head of crypto and blockchain, stated that the payment company intends to grow its cryptocurrency payment card program. дальше »
2023-4-29 19:50
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Bank of England preparing for greater role of tokenization in finance, official says
BoE deputy governor Sir Jon Cunliffe looked at stablecoins, CBDC and other forms of tokenization taking hold in the modern economy in a speech on financial innovation. дальше »
2023-4-18 00:30
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Crypto could eliminate 97% of traditional remittance fees: Coinbase
United States consumers sending international bank transfers pay more than $12 billion annually in remittance fees alone.
дальше »2023-4-5 23:30
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Ralph Lauren Partners With BitPay To Accept Bitcoin Payments At New Miami Store
American fashion giant Ralph Lauren will now accept sound money for clothing at a store in Florida. дальше »
2023-4-5 22:25
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BUSD deposits and withdrawals via OCBS suspended on Binance.US
Binance.US said it temporarily disabled the One Common Billing System and BUSD stablecoin pairs after halting Apple Pay and Google Pay deposits. дальше »
2023-3-31 13:29
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EU Lawmakers to Vote on Limited Ban on Self-Hosted Crypto Payments
Anti-money laundering plans have slightly liberalized but are set to bring NFT platforms into the regulatory fold дальше »
2023-3-28 17:41
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Payments Service Klarna Adopts ChatGPT Technology, Here’s How It Plans to Use It
Coinspeaker Payments Service Klarna Adopts ChatGPT Technology, Here’s How It Plans to Use It Klarna will leverage the best technology and data to help people discover new products. дальше »
2023-3-24 13:42
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Binance GBP Funding On-/Off-Ramp to Be Suspended in May
The change will affect less than 1% of Binance customers, the exchange says. дальше »
2023-3-14 22:11
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Elon Musk has ambitions of making Twitter the world’s biggest financial institution
Twitter owner Elon Musk said during a conference on March 7 that his social media company aims to become a leading payment service. The post Elon Musk has ambitions of making Twitter the world’s biggest financial institution appeared first on CryptoSlate. дальше »
2023-3-8 01:19
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Crypto Exchange Bybit Suspends USD Deposits
The exchange announced the suspension on Saturday, adding that withdrawals through wire transfers, including SWIFT, will be halted from March 10. дальше »
2023-3-7 11:47
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Ripple survey reveals overwhelming support for crypto payments – regulatory uncertainty sole barrier
Crypto and blockchain are set to become the catalyst for a long-awaited transformation of the “antiquated and exclusionary” payments industry, according to a survey conducted by Ripple and the United States Faster Payments Council. дальше »
2023-3-4 19:54
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Spain has highest number of properties available to buy via crypto
Spain became the number one country in the world that offers the highest number of properties available for purchase using cryptocurrencies — 289 properties, according to Forex Suggest’s analysis. дальше »
2023-3-2 19:10
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Mash Introduces Ghost Checkout, Enabling Bitcoin Payments Without An Account
Users will now be able to use the payment service to instantly support content sources using Bitcoin without registering an account. дальше »
2023-2-27 14:00
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YouTuber baits MMA fighter into secretly shilling fake NFTs for $1K
Coffeezilla, a YouTuber and crypto investigator, revealed that American mixed martial artist Dillon Danis promoted a fake NFT project without disclosing that he received $1,000 for the advertisement. дальше »
2023-2-4 10:53
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Crypto payments firm Wyre cuts withdrawal limits to 90% of funds
Amid insolvency speculations, cryptocurrency payments platform Wyre slashed its withdrawal limits by 10% on January 7. The post Crypto payments firm Wyre cuts withdrawal limits to 90% of funds appeared first on CryptoSlate. дальше »
2023-1-9 23:00
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Integrating Statechains With Lightning Channels Can Allow For Off-Chain Balancing And Improved Flexibility
A Commerceblock BLIP facilitates Lightning channels built on Bitcoin statechains, improving flexibility for the Layer 2 protocol. дальше »
2022-12-22 04:00
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Visa proposes Ethereum auto-payment scheme
Visa has proposed a blockchain account design that could allow Ethereum users to arrange auto-payments from a self-custodied wallet. The post Visa proposes Ethereum auto-payment scheme appeared first on CryptoSlate. дальше »
2022-12-20 02:30
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Exploring Regulatory Proposals, Bank Adoption, and Decentralized Social Media on Bitcoin – BitTalk #2
In the second episode of the podcast BitTalk, the hosts discuss several recent developments in the world of Bitcoin. The post Exploring Regulatory Proposals, Bank Adoption, and Decentralized Social Media on Bitcoin – BitTalk #2 appeared first on CryptoSlate. дальше »
2022-12-20 02:00
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Boris Johnson’s brother steps down as Binance adviser amid concerns over the exchange: Report
Lord Johnson of Marylebone reportedly took up a role on the U.K. advisory board of one of Binance's subsidiaries in September.
дальше »2022-12-19 22:30
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Only for foreign trade: Bank of Russia stands against free crypto investment
The Russian government doesn’t want to enable Bitcoin for regular Russian people, but rather exclusively for foreign trade entities. дальше »
2022-12-17 17:36
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Data Shows That Bitcoin’s Lightning Network Has Solved The Scalability Problem
A data-driven exploration proving that Lightning scales bitcoin payments beyond Visa and that second-layer innovation is the way. дальше »
2022-11-30 18:30
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UK bank Starling bans crypto-related purchases and deposits citing high risk
Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants. дальше »
2022-11-24 15:37
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Blockchain-based infrastructure forges the future for carbon markets, crypto and commodities
Rising from the ashes of old crypto exchanges, a new paradigm arises.
дальше »2022-11-24 22:00
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House on a hill: Top countries to buy real estate with crypto
More countries are beginning to allow real estate purchases using crypto, here are some of the top destinations.
дальше »2022-11-23 18:46
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Stripe lays off 14% of workforce to cut costs amid economic downturn
Payments processor Stripe laid off 14% of its workforce — over 1,100 employees, CEO Patrick Collison announced in an email on November 3. The post Stripe lays off 14% of workforce to cut costs amid economic downturn appeared first on CryptoSlate. дальше »
2022-11-3 20:42
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Crypto Biz: Is Zuckerberg’s $100B metaverse experiment doomed to fail?
Meta's Reality Labs division lost $3.672 billion in the third quarter. Some shareholders aren't happy with the company's oversized investment in metaverse technology. дальше »
2022-10-29 22:15
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CashApp adds support for Bitcoin Lightning Network
There is a limit of $999 every seven days for BTC transactions on the Lightning Network.
дальше »2022-10-26 19:45
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Google to integrate crypto payments with cloud services from 2023 via Coinbase partnership
Leading tech giant Google is set to integrate crypto payments into its cloud services following a new partnership with crypto exchange Coinbase. The post Google to integrate crypto payments with cloud services from 2023 via Coinbase partnership appeared first on CryptoSlate. дальше »
2022-10-11 16:55
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Ripple partners with Lemonway, Xbaht to bring ODL payments to Europe
With approximately 70% of financial institutions and 59% of consumers in Europe interested in crypto-enabled payments, Ripple has partnered with Lemonway and Xbaht to leverage its On-Demand Liquidity (ODL ) solution to offer crypto payments to customers in France and Sweden. дальше »
2022-10-11 15:45
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Crypto and digital bank MinePlex secures $100M in funding from GEM
The funding will be used in new banking technologies, including a collaboration with Mastercard and Visa for crypto transactions. дальше »
2022-10-12 13:00
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Visa, FTX team up to offer debit cards in 40 countries
Global payment processor Visa has partnered with crypto exchange FTX to offer its debit card service to customers in over 40 countries. The post Visa, FTX team up to offer debit cards in 40 countries appeared first on CryptoSlate. дальше »
2022-10-8 18:57
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FTX and Visa partner to permit crypto payments in 40 countries
The FTX token surged over 7% on the news that Sam Bankman-Fried’s company, FTX, would roll out a debit card in partnership with payments giant Visa. дальше »
2022-10-8 15:12
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EU regulators ban cross-border payments from Russian crypto accounts
In a statement on Oct. 6, regulators in the European Union banned all crypto-asset wallets, accounts and custody services from Russia. дальше »
2022-10-6 16:31
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