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Bitcoin is no ‘silver bullet’ for money’s ethical problems
10.6.2024
Both Bitcoin and fiat currency are often in the firing line over ethical concerns, with a dedicated group of defenders and critics
China’s largest payments app debuts AI feature that checks if you’re balding
9.6.2024
Eat your heart out Elon Musk and X.com, China’s Alipay is the real ‘everything app.’
Peru adopts India's UPI system to boost financial inclusion
7.6.2024
The Indian instant payment system is gradually making its way around the world. Soc India and Peru collaborate on payments
Binance reinstates crypto buys with Visa, Mastercard payments
6.6.2024
Binance has resumed allowing crypto purchases using Visa and Mastercard for its exchange users. Does this signal the end of Binance’s regulatory troubles?
Ripple partners with Clear Junction to improve cross-border payments
6.6.2024
Ripple has announced a partnership with Clear Junction. The objective is to enhance cross-border payments in the UK and the European Union. It will initially facilitate transactions backed by EUR and GBP. The partnership plans to list more currencies in the coming years. Both partners bring...
Binance Resumes Mastercard Payments for Crypto
6.6.2024
As well as Mastercard payments, the Binance-branded Visa card, which was also switched off last year, has restarted functionality on the exchange
Tether Invests $18.75M in XREX Group to Facilitate Launch of Gold-Backed Stablecoin
6.6.2024
Tether, the issuer of the USDT stablecoin and a leading player in the digital asset industry, has made a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled financial institution. The investment aims to drive innovation in the digital asset industry and facilitate...
FBI Warns of Crypto Scams in Fake Work-From-Home Jobs
6.6.2024
The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud involving bogus work-from-home opportunities. Scammers impersonate legitimate businesses and lure individuals with seemingly simple tasks like clicking buttons or rating...
Private firms to join global central bank CBDC project
5.6.2024
As Project mBridge enters its MVP phase, BIS is inviting private sector firms to propose new solutions and use cases to further develop and showcase the platform's potential
Tether announces strategic investment and launch of XAU1 stablecoin
5.6.2024
Tether invests $18.75 million in XREX Group and launches XAU1 stablecoin to enhance cross-border B2B payments and regulatory technology
Multicoin, Coinbase Ventures Invest in Latin American Stablecoin-Powered SuperApp El Dorado
4.6.2024
Stablecoin adoption is soaring in the region as many people turn to the crypto tokens as a shield against currency devaluation and cheap remittances
BIS Plans Instant Cross-Border Payments Using Wholesale CBDC Settlement
4.6.2024
In a move to improve traditional cross-border payments, the Bank for International Settlements (BIS) has announced the launch of Project Rialto. This project aims to enhance instant cross-border payments by integrating a modular foreign exchange (FX) component with settlement in wholesale central...
Deutsche Bank and BitPanda join forces for real-time crypto payments
4.6.2024
The partnership with Deutsche Bank allows BitPanda to offer real-time inbound and outbound cash payments for German crypto traders using German International Bank Account Numbers (IBAN)
Qatar Central Bank launches first phase of CBDC project
3.6.2024
The small country on the Arabian Peninsula sees CBDC as part of its national development strategy
Companies Turn to Crypto for Payments as G7 and EU Mull Sanctions on Russian SWIFT Equivalent
2.6.2024
Some Russian companies have turned to using crypto to settle payments and protect themselves from potential secondary sanctions from Western countries. At least two top metal producers have transacted using USDT, the largest stablecoin in the crypto market, as the G7 and the EU mull more sanctions...
Ripple’s 2023 report reveals key trends shaping regional payments
31.5.2024
Ripple’s 2023 Trends in Regional Payments Report has unveiled several key insights into the rapidly evolving landscape of global financial transactions. The report, based on comprehensive data analysis and industry surveys, highlights significant trends and developments across various regions...
Ripple Report: Crypto and CBDCs Transforming Global Payments
31.5.2024
Ripple’s recently published 2023 Trends in Regional Payments ebook highlights the transformative role of cryptocurrencies and Central Bank Digital Currencies (CBDCs) in the global payments landscape. Latin America is witnessing a digital transformation with a shift towards crypto-powered...
Former Consensys Employee Launches Stablecoin ‘USD3’
30.5.2024
Former Consensys employee Jack Jia, and the founder of Stable.com has launched USD3, a “payments-first” new stablecoin despite the present lack of a regulatory framework and uncertainty around the market.
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PayPal’s new stablecoin on Solana will offer ‘confidential transfers’
30.5.2024
Confidential transfers allow merchants to provide confidentiality for transaction amounts to their consumers while maintaining visibility for regulatory purposes
Mastercard's crypto credentials P2P pilot program goes live
29.5.2024
The credit card company hopes to streamline transactions and limit user error through an alias credentialing system