Switzerland’s FINMA warns of money laundering risks with crypto

Switzerland’s Financial Market Supervisory Authority has warned about the risks of money laundering associated with cryptocurrencies. In its 2024 Risk Monitor report,  the regulator noted that cryptocurrencies, including stablecoins, are increasingly used for cyberattacks, payments for illegal dark web activities,… дальше »

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Injective offers users the ability to create their own AI agents with new SDK

Injective’s iAgent SDK enables on-chain AI agents using natural language commands. Users can automate payments, trades, and market analysis with tailored AI agents. iAgent combines AI and blockchain, simplifying tasks for both experts and novices. дальше »

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PayPal taps Xoom for cross-border stablecoin payments

The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said.

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Crypto Whales Secretly Accumulate XRP, Solana, JetBolt, and Dogecoin Ahead of Trump Takeover

XRP, Solana (SOL), JetBolt (JBOLT), and Dogecoin (DOGE) are emerging as key picks for crypto whales ahead of Trump’s anticipated return to the presidency. These assets showcase diverse strengths: XRP’s resilience in cross-border payments, Solana’s dominance in scalability and decentralized finance, JetBolt’s groundbreaking zero-gas technology, and Dogecoin’s meme-driven community appeal. […] дальше »

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Thumzup to add Bitcoin payments for gig economy workers

Thumzup will soon pay its gig workers via Bitcoin. The Nasdaq-listed media and marketing firm recently added BTC as a treasury asset. Thumzup, the media marketing company that recently adopted a Bitcoin (BTC) strategy with a $1 million purchase, has announced plans to add crypto payments for gig economy workers. дальше »

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Tether to invest in Quantoz to support MiCA-compliant stablecoins

Tether will invest in Quantoz Payments to support the launch of euro and U.S. dollar-pegged stablecoins, EURQ and USDQ. In an announcement on Nov. 18, Tether revealed plans for an upcoming investment in the Netherlands-headquartered payments firm to facilitate the… дальше »

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Tether инвестирует в MiCAсовместимые стейблкоины USDQ и EURQ

Нидерландская компания Quantoz запустила два новых стейблкоина, полностью соответствующих европейскому регулированию MiCA. И не с пустыми руками — за спиной маячит тень гиганта Tether. За месяц до вступления в силу европейского регулирования MiCA компания Quantoz Payments, прошедшая все круги регуляторного ада в Нидерландах, выпустила токены USDQ и EURQ. дальше »

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Kraken-backed stablecoin issuer Quantoz to launch two MiCAR compliant tokens

Dutch fintech firm Quantoz to roll out MiCAR-compliant stablecoins pegged to the euro and U.S. dollar in a bid to facilitate payments and transfers across markets. Quantoz Payments, a Netherlands-headquartered payment tech firm, plans to debut two MiCAR-compliant stablecoins —… дальше »

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Unveil the Dominating Cryptos: XRP & BlockDAG—Explore How BDAG Coin Gains an Edge with Hybrid Blockchain Tech!

Ripple’s XRP has been a powerhouse in cross-border payments, delivering fast and cost-efficient transactions for financial bodies. Meanwhile, BlockDAG (BDAG) is turning heads with its advanced blend of traditional blockchain security and the scalability of Directed Acyclic Graph (DAG) technology. дальше »

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London-based stablecoin firm BVNK targets $50m funding amid crypto boom

A Bloomberg report reveals stablecoin payments provider BVNK is reportedly in early discussions to raise at least $50 million in a fresh funding round, highlighting growing investor interest in the digital payments sector. дальше »

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Stablecoin firm BVNK looks to raise $50m amid market surge

The London-based stablecoin startup BVNK is exploring a new funding round, aiming to raise $50 million, as investor appetite for the sector grows. Stablecoin payments firm BVNK is said to be in early discussions to raise at least $50 million… дальше »

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Algorand’s Future Price Prediction Points to Gain While Qubetics’ Investment Potential Of $707,000 and Cosmos Ecosystem Leads November 2024 —Here’s Why!

The cryptocurrency market is buzzing with promising developments. Innovative platforms like Qubetics offer transformative solutions in cross-border payments and substantial growth potential for early investors. дальше »

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Ripple CTO Reveals Why The Payment Business Hasn’t Caught On In A ‘Big Way’

In an exchange on X (formerly Twitter), Ripple’s Chief Technology Officer David Schwartz, also known as “JoelKatz”, addressed criticisms about his company and the XRP Ledger. Has Ripple Failed With Its Payments Business? User @188ape challenged Schwartz by questioning the uniqueness of the XRPL in today’s market, stating that it seems like “most new layer […] дальше »

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Chinese Microchip Company Starts Accepting Bitcoin Payments

Nano Labs now allows for paying for its products in Bitcoin дальше »

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Ripple USD Gains Early Customer Commitments Ahead Of Launch

Ripple President Monica Long has revealed that the company’s upcoming US dollar stablecoin, Ripple USD (RLUSD), has already secured early customer commitments prior to its official launch. Speaking at the Singapore Fintech Festival, Long emphasized that stablecoins are set to become a “massive trend” in the payments industry. дальше »

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China-based Nano Labs turns to Bitcoin payments amid potential policy shift in the country

China-based crypto mining chip designer Nano Labs is now accepting Bitcoin as payment for its products through its business account on Coinbase, according to a Nov. 11 statement. The firm said it adopted Bitcoin payments in response to increasing demand for digital currency options in the tech world. дальше »

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Conflux Foundation commits $500M to fuel PayFi Web3 payments solution

Consumer-facing blockchain applications with intuitive user experiences could bring more mainstream cryptocurrency users.

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Norway supports MiCA, considers CBDC for financial stability

Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway. дальше »

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Crypto Comes To Detroit: Residents Will Soon Pay Taxes With Digital Assets

By accepting crypto for taxes and other local municipal payments, Detroit would become the largest city in the United States to accept crypto for payments. The program is scheduled to start in the middle of 2025, according to Detroit’s local officials. дальше »

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Detroit to Accept Cryptocurrency for Tax and Tee Payments

In a groundbreaking move, Detroit is set to become the largest U.S. city to accept cryptocurrency for tax and fee payments, starting in mid-2025. дальше »

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China’s central bank reveals physical CBDC card with dynamic QR codes

The People’s Bank of China has developed a digital yuan visual hard wallet, showcasing dynamic QR codes and offline payments. China is moving forward with the adoption of its central bank digital currency — also known as the digital yuan… дальше »

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Block Inc. shifts focus to Bitcoin mining amid plans to sunset Web5-focused TBD

Jack Dorsey founded payments firm Block Inc. is pivoting its focus towards the cryptocurrency mining sector. In a Nov. 7 shareholder letter, Block, formerly Square Inc., said it would dial down resources towards its music streaming service TIDAL, and sunset… дальше »

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Detroit becomes first city to fully adopt crypto payments for taxes, fees

Detroit is setting a national precedent by becoming the largest US city to accept crypto for taxes and city fees. City officials announced on Nov. 7 that residents will be able to pay these expenses with crypto starting in mid-2025 through a secure platform operated by PayPal. дальше »

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Detroit to become largest US city to accept crypto payments for taxes

Detroit enables crypto tax payments by 2025, integrating blockchain to modernize services and boost economic growth in the city. The post Detroit to become largest US city to accept crypto payments for taxes appeared first on Crypto Briefing. дальше »

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Detroit to accept crypto payments for taxes and city fees

Detroit is set to become the largest U.S. city to accept cryptocurrency for tax and fee payments.  Starting mid-2025, residents can use crypto to make payments through a platform managed by PayPal, Detroit officials announced today. This initiative aligns with… дальше »

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Swiss bank UBS tests blockchain for cross-border payments with digital cash

UBS has successfully piloted its blockchain-based payment system to enhance the efficiency of cross-border transactions. Multinational investment giant UBS has completed a pilot of its blockchain-based payment system dubbed “UBS Digital Cash,” aimed at improving the efficiency of cross-border transactions.… дальше »

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Jambo and Lif3 Join Forces to Make Crypto Payments Accessible to Millions of Users in Emerging Economies

Jambo, a prominent player in the web3 mobile infrastructure space, has unveiled its collaboration with Lif3, an innovative omni-chain DeFi Layer-1 ecosystem. This partnership aims to provide millions of Jambo phone users across more than 120 countries with streamlined access to-to-peer crypto payments via the Lif3 mobile app. дальше »

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Swift, Chainlink and UBS Pilot Bridges Tokenized Assets with Traditional Payments

Swift, UBS, and Chainlink’s pilot streamlines tokenized fund transactions via Swift's network, automating off-chain settlements under MAS’s Project Guardian. The post Swift, Chainlink and UBS Pilot Bridges Tokenized Assets with Traditional Payments appeared first on BeInCrypto. дальше »

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Jambo and Lif3 Partner to Make Crypto Payments Accessible to Millions of Users in Emerging Markets

Founded by serial entrepreneur and web3 investor Harry Yeh, Lif3’s strategic collaboration merges its innovative DeFi ecosystem with Jambo’s expertise in mobile technology tailored for emerging economies, facilitating developing countries’ access to the world’s financial market. дальше »

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Paxos Partners With Singapore’s DBS To Launch New Stablecoin

Blockchain infrastructure company Paxos, in conjunction with Singaporean bank DBS, has introduced a new stablecoin known as Global Dollar (USDG). This development comes four months after Paxos secured approval to offer digital payment token services as a Major Payments Institution (MPI). дальше »

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Solana and Fantom Investors Are Eyeing This New Crypto With 100x Potential Set To Revolutionize Cross-Chain Payments

An effective portfolio combines safety nets with moderate risk plays and potential 100x low-market-cap gems in trendy sectors. As Bitcoin levels out above $70,000, investors are rounding out their portfolios with cryptos like Solana and Fantom in anticipation of the first major bull rally, perhaps as soon as early November over the US election. дальше »

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Russia to Temporarily Halt Crypto Mining in Certain Areas, Cites Electrical Grid Concerns

Russia to temporarily ban crypto mining in select regions over electricity deficits, while still promoting crypto for cross-border payments. The post Russia to Temporarily Halt Crypto Mining in Certain Areas, Cites Electrical Grid Concerns appeared first on BeInCrypto. дальше »

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Felix teams up with Zero Hash for improved WhatsApp-based payments

Felix, a WhatsApp-based platform focused on cross-border payments, has teamed up with Zero Hash to simplify remittances for 60 million U. S. -based Latinos. According to a press release seen by crypto. дальше »

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Coinbase, Visa to Allow Real-Time Crypto Deposits Through Debit Card

Customers of payments giant Visa can now integrate their eligible debit card into their Coinbase accounts and deposit funds, at times instantly, the two firms announced on Tuesday. дальше »

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ECB Vs. EU: A New Battle Brews Over Digital Euro Control

Digitalization is the way forward, and the European Central Bank has found the key: a digital Euro. In development since 2021, the planned digital Euro will help fast-track the region’s shift towards safer and more convenient online payments. дальше »

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As BIS Mulls Shutting Down mBridge, Its Innovation Hub Calls The Project a ‘Public Good’

An international payments project backed by China, the UAE, Thailand and Hong Kong is raising concerns in Washington. дальше »

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BIS mulls ending mBridge pilot touted by Putin as dollar alternative: report

The Bank for International Settlements is mulling ending a cross-border payments platform eyed by the Russian president as a tool to bypass U.S. sanctions. The Bank for International Settlements is reportedly debating the future of its mBridge cross-border payments project… дальше »

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Sequoia to make $100M windfall from Stripe’s Bridge acquisition: Report

Sequoia Capital owns 16% of Bridge, which is set to be acquired by payments platform Stripe for $1.1 billion. 

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RD InnoTech to launch HKDR stablecoin on Ethereum

RD InnoTech has partnered with HashKey Exchange to launch its HKDR stablecoin, aiming to facilitate compliant cross-border payments. Hong Kong-based RD InnoTech, a subsidiary of RD Technologies Group, is moving forward with plans to issue its HKDR stablecoin, designed to… дальше »

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Bolivian bank Banco Bisa launches USDT custody service

Banco Bisa has unveiled a custody service for the USDT stablecoin, marking a significant step towards the mainstream adoption of cryptocurrencies in Bolivia. This new offering allows clients to securely buy, sell, and transfer USDT, enabling them to hold their assets, make international payments, and send money to family members abroad. The cost of the […] дальше »

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The Next Big Crypto Investment Opportunity Is Here—Get In Early or Miss Out on Life-Changing Gains

The cryptocurrency market has been a goldmine for those who recognise potential early. Ethereum transformed how we build applications, Monero redefined privacy, Stellar streamlined global payments, and Filecoin revolutionised data storage. дальше »

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XRP Ledger Sees Explosion in Address Activity Amid High-Risk Crypto Loans Hitting 2-Year High

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What happened in crypto this week

It’s been a busy week in crypto, from payments processor Stripe’s acquisition of stablecoin platform Bridge to Ripple’s co-founder donating $10 million in XRP to Kamala Harris’ US election campaign to the Pennsylvania House passing a bipartisan Bitcoin bill. дальше »

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Ripple Escalates Legal Dispute With SEC, Files Form C In Appeals Battle Over XRP Sales

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Pennsylvania House of Representatives Passes Crypto Bill to Bring Regulatory Clarity: Report

The bill aims to provide regulatory clarity for digital assets, including self-custody rights, bitcoin payments, and transaction taxation. дальше »

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Pennsylvania passes bill allowing Bitcoin payments, crypto self-custody

The Pennsylvania House of Representatives has passed a bill that could impact how digital assets are used within the state. House Bill 2481, also known as the Bitcoin Rights Bill, was approved with a bipartisan majority of 176 votes to… дальше »

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Pennsylvania House passes bipartisan Bitcoin bill

Pennsylvania House of Representatives have passed “The Bitcoin Rights Bill”, with a bipartisan majority of 176 to 26. The bill seeks regulatory clarity to the digital assets industry, including on self-custody, payments and taxation. дальше »

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Skyfire raises $9.5m to build AI payment network

Skyfire, a payments platform founded by former Ripple developers, raised $9.5 million in a seed funding round led by Coinbase Ventures and a16z’s Crypto Startup Accelerator. The company focuses on building a payment infrastructure designed for AI agents, which are… дальше »

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Paycoin adds Payment Card Industry (PCI) support for Vietnamese merchants

In a groundbreaking move to advance compliance and security in the digital payments industry, a cryptocurrency platform, Paycoin, has added support for the Payment Card Industry (PCI) for Vietnamese merchants. дальше »

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SpacePay: A Game-Changer in Crypto Payments?

The crypto market is expanding. But there is little innovation in integrating crypto into the mainstream as a currency.   So SpacePay’s entry into the crypto market has been a pleasant surprise. дальше »

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