B2BinPay v18's "Merge" changes the way users manage accounts on the platform

B2BinPay, a leading crypto payment processing company, has announced the highly anticipated v18 update, introducing a range of advanced features and improvements, strengthening the ideas presented in The post B2BinPay v18's "Merge" changes the way users manage accounts on the platform appeared first on AMBCrypto. дальше »

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Sergey Kondratenko: Regional differences and local markets for the digital payments industry

From 2018 to 2021, the world saw a noticeable increase in non-cash retail payments. Their volume increased by 13%. In emerging markets, growth was even higher at 25%. The fastest digital payment growth, as Sergey Kondratenko reported, occurred in Africa (Morocco, Nigeria and South Africa) and Asia. дальше »

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Paxos secures preliminary license for crypto services in Singapore

In a significant development in Singapore’s cryptocurrency space, Paxos, the blockchain infrastructure firm, has obtained a preliminary license from the Monetary Authority of Singapore (MAS). This preliminary approval enables Paxos Digital Singapore, the newly established entity, to initiate digital payment token services under the regulatory framework of the Payments Services Act. Paxos to introduce a […] дальше »

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Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

Paxos, a cryptocurrency brokerage firm, has received a preliminary license from regulators to offer digital payment token services in Singapore, the company said Wednesday in a statement. дальше »

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Solana-Based Stablecoin Remittances Get a Boost with CFX Labs' Fresh $9.5M Fundraise to Expand Globally

Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail. дальше »

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Kazakhstan Central Bank Marks Digital Tenge Pilot With First Retail Payment

The National Bank of Kazakhstan plans to implement a digital tenge by the end of 2025. дальше »

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Despite 80% AI adoption, APAC banks grapple with confidence in scam prevention

The Asia-Pacific (APAC) region, a dynamic hub of banking and payment services, is facing a dual challenge: making notable advancements in fraud prevention while grappling with the evolving sophistication of financial scams. дальше »

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Kazakhstan officially launches digital tenge

The chairman of the National Payment Corporation has made the first transaction with the central bank digital currency.

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Goldman Sachs leads $95M funding round for blockchain payment firm Fnality: Report

With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England. дальше »

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Genesis, Three Arrows Capital Reach Agreement on $1B of Claims

The bankrupt crypto lender is seeking court approval to settle the claims with a $33 million payment to defunct hedge fund 3AC. дальше »

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Singapore startup dtcpay launches retail crypto payments system with Chinese partners

Dtcpay, formerly Digital Treasures Center, is MAS-registered and already provides some point-of-sale and online crypto payment services. дальше »

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JPMorgan launches programmable payments on JPM Coin

Wall Street giant JPMorgan has officially launched programmable payment functionality on its institutional blockchain platform, JPM Coin, according to Onyx head of coin systems Naveen Mallela. Mallela said the new solution is a “holy grail” for the JPM Coin platform and expects it to open a new frontier in digital finance. дальше »

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JPMorgan rolls out programmable payments for institutional blockchain platform JPM Coin

JPMorgan’s blockchain platform, JPM Coin, has introduced programmable payment functionality for its institutional users.

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Swell News: Ripple Joins Forces With Global Payments Provider

RocketFuel Inc. , a global entity known for its comprehensive range of payment solutions including ACH bank transfers, Bitcoin, and other cryptocurrencies, has entered into a strategic partnership with Ripple. дальше »

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Ripple Recent Achievement In Payment Services Propose Growth

Cross-border payment remittance firm Ripple has recently achieved yet another important milestone with its payment services for its customers following its annual conference event known as Ripple Swell. дальше »

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XRP market cap adds $2B following Ripple’s payment network expansion

XRP‘s market capitalization increased by over $2 billion during the past day following news that Ripple expanded its global payments network into three new corridors. Data from CryptoSlate shows that XRP’s market cap rose to as high as $37. дальше »

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UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says

The Financial Conduct Authority (FCA) on Monday published a discussion paper with proposals for a stablecoin regime. Though the country’s Conservative government has said it wants the U.K. to be a crypto hub and has managed to push through legislation that lets stablecoins be regulated as a means of payment, the FCA has been a strict regulator and it will do most of the supervision work involving the broader crypto sector. дальше »

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Ripple attains new milestones in the payments industry – details

The remittance company Ripple made various announcements during its yearly conference, Swell. The crypto firm revealed its Ripple Payments product, representing a step deeper into the digital payment sector. дальше »

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Ripple opens payment corridors between Africa and the world, more here

It aims to create three blockchain-based payment corridors between users in Africa, UK, the GCC, and Australia. Optimism has been growing around Ripple since the partial win against the SEC. дальше »

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Ripple Payments expands its business to 70 markets

Ripple, a blockchain company, has expanded the coverage of its Ripple Payments payment network to 70 markets. According to the blog, with the expansion, Ripple will further optimize the efficiency of cross-border payments using the blockchain. Moreover, the service will… дальше »

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Ripple Payments Now Covers More Than 70 Markets

Ripple's payment protocol network has expanded its services to over 70 markets дальше »

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Ripple, Onafriq partner for new payment corridors for Africa, UK, Australia and Gulf

The deal aims to enable faster, cheaper payments between 27 African countries, working with three Onafriq partners.

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U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments

A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions. дальше »

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Fiat on-ramps, banking partners crucial for institutional Web3 adoption - European Blockchain Convention

Prominent fiat payment rail services and neobanking platforms are becoming a catalyst to address institutional mistrust in the cryptocurrency sector. дальше »

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PayPal Receives Greenlight From UK’s Financial Watchdog To Offer Crypto Services After Restricting Users’ Ability To Buy Bitcoin

Payment giant PayPal has become the latest firm to receive an operational license from the UK’s Financial Conduct Authority (FCA) to offer virtual currency services after a lengthy application process. дальше »

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Will Stringent Regulations Make Stablecoins New Mode of Payment in UK?

The UK central bank and financial watchdog have published two documents that outline an approach to regulating stablecoins at scale. The post Will Stringent Regulations Make Stablecoins New Mode of Payment in UK? appeared first on BeInCrypto. дальше »

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Bug in Fed’s payment system prevents bank customers from getting paid

Banks stressed customer accounts “remain secure” and balances will be updated as soon as the issue is resolved.

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Bug in Fed’s payment system prevents Americans from getting paid

Banks stressed customer accounts “remain secure,” and balances will be updated as soon as the issue is resolved.

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PayPal’s $158M PYUSD Stablecoin Market Cap Shaken By SEC Subpoena

In a recent report by Reuters, online payment system company PayPal announced plans to bolster its market value by $4 billion, seeking to streamline operations to appease investors. However, investor optimism was tempered by disclosing a subpoena from the US Securities and Exchange Commission (SEC) related to PayPal’s stablecoin PYUSD. PayPal’s $4 Billion Value Boost […] дальше »

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These Ripple Indicators and On-Chain Metrics Have Revealed the Next XRP Price Direction

Cryptocurrency analysts are pointing to key metrics that suggest the price of XRP, the native token of the Ripple payment network, is gearing up for a significant rally. According to Cryptoinsightuk, a pseudonymous analyst, XRP has just closed above a critical resistance level on the monthly chart for the first time since its major correction […] The post These Ripple Indicators and On-Chain Metrics Have Revealed the Next XRP Price Direction appeared first on CaptainAltcoin. дальше »

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PayPal registered to offer crypto services in the UK, with restrictions

Payment giant PayPal has successfully registered with the United Kingdom’s Financial Conduct Authority (FCA) to offer crypto services in the country, according to the regulator’s website. дальше »

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Visa Tests Tokenized Deposits for Hong Kong’s CBDC with HSBC, Hang Seng Bank

Visa has tested tokenized deposits for Hong Kong's central bank digital currency (CBDC) in collaboration with HSBC and Hang Seng Bank, highlighting the potential for revolutionizing the nation's payment system. дальше »

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Ripple Teams Up with Uphold to Enhance Global Cross-Border Payments

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XRP Price Rally Threatened As Ripple Unlocks 1 Billion Tokens

The XRP price rallied as recent reports from leading on-chain crypto tracker Whale Alert have revealed that Ripple Labs, the blockchain-based payment firm, has unlocked another 1 billion XRP as part of its monthly token unlock program. дальше »

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Binance to axe Russian ruble payment gateway

Crypto’s largest centralized exchange reportedly plans to end its partnership with Advance Cash, a Central American-based payment processor facilitating ruble transactions for Binance users. дальше »

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Global watchdog: Stablecoin cons outweigh pros for cross-border transactions

The Committee on Payment and Market Infrastructures has highlighted both the potential and the substantial challenges of adopting stablecoins in global cross-border payments, underscoring their current non-compliance with international regulations. дальше »

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Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog

Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said. дальше »

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Crypto community questions Strike’s reported denial of alleged security breach

Cryptocurrency investigator ZachXBT and numerous members of the crypto community have raised concerns about the potential breach of Strike, a Bitcoin Lightning-based payment platform, despite its assurances to the contrary. дальше »

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UK publishes proposals on stablecoin regulation, outlines FCA’s regime

The HM Treasury today published a policy update to the country’s crypto regulation. In it, the UK government has outlined the FCA’s regime in stablecoin regulation. The Bank of England (BoE) and the Payment Systems Regulator (PSR) will also have a role. дальше »

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UK publishes plans for stablecoins regulation

Non-fiat-backed stablecoins will not be allowed into regulated payment chains.

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Elon Musk Axes X Monetization and Ad Revenue for Misleading Tweets

Elon Musk has introduced a policy on his platform, X (formerly Twitter), to counter misinformation. Users who post corrected misleading content will not receive payment for engagement on those posts. дальше »

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Elon Musk says X payments will eliminate need for bank account by end of 2024

Twitter/X owner Elon Musk revealed new details of his planned payment services during an all-hands staff meeting, as reported by The Verge on Oct. 26. Musk said the new feature will cover almost all areas of finance, stating: “When I say payments, I actually mean someone’s entire financial life. дальше »

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Crypto Biz: BlockFi emerges from bankruptcy, Worldcoin halts USDC payments and more

This week’s Crypto Biz looks at BlockFi’s emergence from bankruptcy, BlackRock’s spot Bitcoin ETF developments, Worldcoin’s operator payment scheme upgrades and more. дальше »

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Fed, BOE officials share continuing interest in CBDCs, stablecoin regulation

Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE.

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SHIB, XRP, DOGE Can Now Be Bought Through Range of Global Banking Payment Methods: BitPay

BitPay teamed up with Banxa to open wide global crypto exposure to retail investors дальше »

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Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge

The testimony will challenge the government‘s claims, especially the counsel’s role in auto-deletion, north dimension creation, payment agent agreement, Alameda loans and FTX terms of service. дальше »

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Surge in Bitcoin Lightning Network capacity may just be the tip of the iceberg

Quick Take A rapid surge in the capacity of Bitcoin’s Lightning Network is now nearing a year-to-date high of over 5,500 Bitcoin, coming close to its all-time high. This swift increase, observed predominantly over the past month, approximates around $180 million, representing the total BTC locked within this Layer 2 payment protocol. дальше »

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Mastercard partners with crypto payment firm MoonPay for Web3 services

MoonPay has announced a partnership with Mastercard, targeting Web3-based experiential marketing or new ways to connect with Mastercard’s consumers. дальше »

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Mastercard collaborates with MoonPay to advance its web3 presence

Mastercard has joined forces with cryptocurrency and NFTs payment application MoonPay, aiming to explore potential integrations and consumer loyalty opportunities within the emerging Web3 ecosystem. дальше »

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Payment Splitting And Switching: Improving Privacy And Payment Success Simultaneously

A relatively simple proposal can help improve both the Lightning Network's payment success rate, but also one of it's worst privacy short comings. дальше »

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