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‘Bitcoin Doesn’t Behave Like A Payment Instrument’, Says Mastercard’s Vice-Chair

Mastercard may have warmed up to cryptocurrencies recently, but if you’re expecting to use your debit cards to pay for your coffee, an executive at the payments giant has bad news for you. Ann Cairns, the executive vice chair at Mastercard stated in a recent conference that Bitcoin is too volatile for the company. Mastercard […] дальше »

2021-2-28 13:23


State Bank of India Joins JPMorgan’s Ethereum-Forked Blockchain Payment Network, Liink

State Bank of India (SBI), the largest bank in India, has announced a partnership with US bank JPMorgan to use its blockchain-based technology to enhance international transactions. The government-owned bank explained that the partnership would help reduce transaction costs and time to execute customers' payments. дальше »

2021-2-23 22:38


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Crypto.com Pay Integrates with Crypto.com DeFi Swap For Increased Use Cases

Crypto.com Pay’s recently integrated with Crypto.com DeFi Swap to enable payments in 17 new DeFi tokens. This is expected to provide increased flexibility to customers and merchants alike. The merger would also enable the liquidity providers of DeFi Swap to avail the benefits of swap fees on each transaction. Crypto.com Pay is a feature ofRead More дальше »

2021-2-12 13:20


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OCC allows national banks to operate nodes and stablecoin networks

The Treasury’s Office of the Comptroller of the Currency (OCC) has greenlighted federally chartered banks to run nodes and use stablecoins for payments and other acceptable functions. The agency published a letter on January 4, noting that national banks or federal savings associates may validate, store, and record payment transactions by working as a node on independent node verification networks (INVNs). дальше »

2021-1-5 14:42


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US Federal Regulator Allows Banks to Issue or Use Stablecoins for Payments

The Office of the Comptroller of Currency has announced on January 4 that financial institutions like banks can now make use of stablecoins and blockchains to process payments, via a letter. The OCC informed banks that they could use these new methods as long as they comply with regulations and best banking practices in the US.Read More дальше »

2021-1-6 11:00


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How Central Bank Digital Currencies Could Inadvertently Destroy the Banking System

The rise of digital currencies has shone a bright light on the future of contactless payments, and central banks seem to be catching on the idea. Central Banks, in this case, represent governments that have realized the vigor of financial technology and moved to prevent a crisis as more people migrate from the use of […] дальше »

2020-6-17 20:47


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Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals

Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some of Venezuela’s biggest retail chains for this purpose. дальше »

2020-5-19 01:30


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Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments

Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies. The firm’s Twitter account and macro strategist Marion Laboure have been tweeting regularly about how coronavirus infection risks could “accelerate digital payment systems across the world. дальше »

2020-4-8 09:30


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UAE: National Bank of Fujairah Adopts RippleNet for Cross-Border Payments

The UAE’s corporate bank, National Bank of Fujairah (NBF) has joined RippleNet, a global payments network to make easy and seamless cross border payments to India. Also, the corporate bank will use the blockchain-based payments network to send and track international payments in real-time, according to a Ledger Insights report on March 3, 2020. дальше »

2020-3-4 00:00


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XRP And Ethereum’s Thriving Use Cases Remain Unrivalled: Senior Ripple Executive

Ripple’s cross-border payments solution and Ethereum’s promise of permissionless finance, are two use cases that have gained traction in the cryptocurrency space as of late. The senior vice president of product at Ripple, Asheesh Birla recently noted that these two cryptocurrencies have already established their niches by finding palatable solutions to real-world problems. Thus, it […] дальше »

2020-2-26 23:55