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BRICS Business Council Greenlights the Launch of a Single Cryptocurrency Payment System

In a bid to facilitate swift payments between BRICS countries, the BRICS Business Council has proposed the creation of unifying cryptocurrency in a forum in Brazil. The crypto asset will be used as a single payment system for settlements between member countries of the union, according to an RBC report on November 14, 2019. дальше »

2019-11-16 02:00


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Coinbase Crypto Debit Card Adds Support for XRP, XLM, BAT, REP, and ZRX

Coinbase has announced support for XRP, XLM, BAT, REP, and ZRX for their crypto enabled debit card, while also adding regional support in 10 countries including Denmark and Sweden. Focusing on retail adoption has been at the top of Coinbase’s agenda, and their moves to enable crypto payments across the world have not gone unnoticed,Read MoreRead More. дальше »

2019-11-15 12:30


China’s SAFE Regulator: Libra Could Be Used For Mischievous Cross-Border Payments

A senior Chinese regulator, Sun Tianqi recently spoke about the Facebook’s Libra project. According to the Chief Accountant of China’s State Administration of Foreign Exchange, Libra needs to abide by the same kind of law that other foreign currencies do or it will be banned from the country. According to Sun, countries that asses Libra […] дальше »

2019-10-29 01:44


Crypto-assets are changing the competitive landscape of payments industry, claims SWIFT’s Yawar Shah

The 2019 edition of Sibos, an annual banking and financial conference organized by SWIFT, saw Chairman Yawar Shah talk about crypto-assets and how they are changing the payments industry. SWIFT is one of the most widely-used systems in the financial industry, with over 11,000 connected institutions operating in over 200 different countries and territories across […] The post Crypto-assets are changing the competitive landscape of payments industry, claims SWIFT’s Yawar Shah appeared first on AMBCrypto. дальше »

2019-9-24 18:30


Facebook Eyes a New Blockchain Policy Expert In Africa To Enable Crypto Payments With WhatsApp

While the whole work is looking at Facebook’s new project Libra, Facebook is looking at Sub-Saharan Africa. According to a recent job opening, the company is looking for a policy expert in Africa that could ensure that payments are made in the countries of the continent using WhatsApp. While the job posting does not mention […] дальше »

2019-9-6 22:54


“Larger Consumer Tipping Point is Coming,” Ripple’s VP of EU on XRP’s Use as a Bridge in Cross-Border Payments

Huge opportunity to capture the unbanked and underbanked, Jeremy Light XRP as a bridge currency will be a game changer RippleNet is now active in more than 40 countries across 6 continents — from Asia, Africa, North America, South America to Europe — reports international Association of Money Transfers Networks (IAMTN). A non profit organization, […] дальше »

2019-8-29 20:03


Santander To Provide Remittance Services To Its Latin American Customers Using Ripple Backed Solution

Santander Group, a major Spanish bank wants to expand its use of One Pay FX solution to enable its customers in Latin American countries send money to the U. S. According to the bank, Ripple’s remittance service will allow customers in these countries to send feeless payments instantly, reports Coindesk on August 19, 2019. дальше »

2019-8-20 22:50


Estonian Fintech Startup Crypterium Launches Global Crypto Payments Card, “Crypterium Card”

Earlier this week we reported a story about Coinbase launching their crypto Visa Debit card to 6 more europian countries. This trend seems to be spreading like a virus as Crypterium, a fintech startup based out of Estonia is launching their first crypto card, but the major advantage over Coinbase is that this will be […] дальше »

2019-6-15 19:02


Bank of Japan, European Central Bank complete phase three of cross-border payments testing

Information processing has changed drastically, ever since the inception of the Internet. However, the payment industry has not. It has remained the same, slow, tedious and time-consuming. Unlike data, payment doesn’t flow seamlessly owing to various factors such as the fact that every country has a centralized ledger which is not linked to other countries. дальше »

2019-6-5 15:30


Instant Remittance (InstaREM), Who Uses Ripple, to Support Cross Border Payments for Thailand’s KBank

The concept of cross border payments has been revolutionized by the work that Ripple has put into the world. Instant Remittance, also known as InstaREM, is located in Singapore, recently partnering with Ripple for their fast and affordable performance, delivering remittance services to 50 countries. дальше »

2019-5-27 04:44


Facebook’s Shady Bitcoin Killer Crypto ‘GlobalCoin’ is Coming 2020

By CCN: Facebook’s cryptocurrency ambitions could translate into reality as soon as next year. The BBC reports that the social media behemoth is on track to start testing its bitcoin rival – known internally as GlobalCoin – by the end of the year before its digital payments system comes online across 12 countries in the first quarter of 2020. дальше »

2019-5-24 12:29


JobCoin: Safe Blockchain Payments Protocol and Cryptocurrency Coin?

What Is JobCoin? JobCoin is a digital project that seeks to reduce poverty and inequality in the world. It aims to achieve this particularly by enhancing working conditions for lower and middle class workers, industrious immigrants, and overseas workers, refugees, and poor people from developing countries. JobCoin operates on the fact that only 1% of […] дальше »

2019-5-8 11:06


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Dutch central bank tested blockchain for 3 years. The results? ‘Not that positive’

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. дальше »

2019-5-1 17:15


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Cashaa Now Accepts Debit, Credit Cards for Crypto Purchases

Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards. This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments. дальше »

2019-4-24 01:08