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Stripe to Resume Crypto Payments, Starting with USDC Stablecoin on Numerous Blockchains
26.4.2024
Fintech giant Stripe has announced its decision to once again allow customers to accept cryptocurrency payments after a six-year break.
The post Stripe to Resume Crypto Payments, Starting with USDC Stablecoin on Numerous Blockchains appeared first on Cryptonews
Will A Stablecoin Bill Really Be Passed Before The U.S. Presidential Election? The DGC Policy Officer Cody Carbone Weighs In
25.4.2024
Between Representatives Cynthia Lummis and Kirsten Gillibrand’s new stablecoin bill and Congresswoman Maxine Waters’ renewed optimism in stablecoin legislation, will a new law regulating the cryptocurrencies be enacted anytime soon? The Digital Chamber's Chief Policy Officer, Cody Carbone, weighs...
S&P Global Says US Stablecoin Adoption Could Soar Following New Rules
25.4.2024
S&P Global said the recent change in rules involving the Lummis-Gillibrand Payment Stablecoin Act could see U.S. stablecoin adoption soar as the regulatory framework could bolster confidence.
The post S&P Global Says US Stablecoin Adoption Could Soar Following New Rules appeared first...
BRICS Bloc Mulls Stablecoins, CBDC-Based System for International Settlements
23.4.2024
Russian Deputy Foreign Minister Sergey Ryabkov revealed that the BRICS bloc has been considering the use of stablecoins for its common rail payment systems. In an interview with TV BRICS, Ryabkov stated that the use of stablecoins and a connection linking the CBDCs of the participants were studied...
Payment Use Cases Fuel Increasing Stablecoin Growth
12.4.2024
The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets. The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. ...
Iconic Australian Venue Now Accepts Crypto for Food and Drink Purchases
4.4.2024
Adelaide Oval, a landmark South Australia sporting venue, now allows AFL patrons to purchase food and beverages using crypto. This marks the first instance of such a payment option being offered at a major national stadium.
The post Iconic Australian Venue Now Accepts Crypto for Food and Drink...
The Future of Cryptocurrency in Daily Payments: Lessons from Lugano
2.4.2024
Cryptocurrencies have sparked a global debate on the future of financial transactions, with a focus on their integration into daily payments.
The post The Future of Cryptocurrency in Daily Payments: Lessons from Lugano appeared first on Cryptonews
Nigerian Startup, Zone, Raises $8.5M in Seed-Funding Round
20.3.2024
Zone, a Nigerian payment fintech startup that leverages the blockchain, recently raised $8.5 million in a seed funding round. An undisclosed portion of the funds will be allocated to cover costs associated with the trial of Zone’s cross-border payment capabilities in 2025. Zone to Expand...
Southeast Asian e-Hailing Giant Grab Brings Crypto Payments to Singapore
19.3.2024
Grab, Southeast Asia’s leading e-hailing and food app, is now letting Grab Pay users in Singapore to seamlessly top up their e-wallet balances using cryptocurrencies.
The post Southeast Asian e-Hailing Giant Grab Brings Crypto Payments to Singapore appeared first on Cryptonews
House Panel Chairman Tells CFPB to “Go Back to the Drawing Board” Over Stringent Crypto Oversight Proposal
14.3.2024
House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion Chairman French Hill (R-AR) lambasted the Consumer Financial Protection Bureau (CFPB), telling the independent government agency to “go back to the drawing board” regarding an oversight proposal that would...
London’s Richest Tenants Are Paying Rents in Bitcoin : Here’s What You Need to Know
11.3.2024
UK's luxury property firm Knightsbridge Prime Property has completed a £45,000 a week rental transaction in Bitcoin.
The post London’s Richest Tenants Are Paying Rents in Bitcoin : Here’s What You Need to Know appeared first on Cryptonews
Kremlin Reveals Plans to Create a “Politics-Free” BRICS Blockchain-Based Payments System
8.3.2024
Yury Ushakov, an aide of Russian president Vladimir Putin, revealed plans to create a digital blockchain payment system for the BRICS bloc. Ushakov remarked that the countries of the group would benefit from implementing such a system for the use of governments, common people, and businesses...
Crypto Payments Specialist Baanx Raises $20M Funding Round
5.3.2024
The Series A investment round included Ledger, Tezos, Chiron and British Business Bank
Torrevieja to Become the First Crypto Friendly City in Spain
14.2.2024
Torrevieja, a city of almost 90,000 inhabitants, aims to become one of the first crypto-friendly locations in Spain. The city, in alliance with Apymeco, its merchant association, will incentivize using cryptocurrency as a payment option and give courses for stores interested in learning how...
Banxa, Payments Partner for Binance and OKX, Lands on UK Crypto Register
13.2.2024
BNXA UK VASP is the first firm to land on the Financial Conduct Authority's crypto register this year
Web3 Payments Firm Transak Joins Visa Direct to Streamline Crypto-to-Fiat Conversion
30.1.2024
The deal allows the Web3 payments infrastructure provider's users in over 145 countries to easily convert crypto into local fiat currencies
South African Fintech Startup Ukheshe Acquires 100% Stake in EFT Corporation
21.1.2024
South African fintech startup Ukheshe recently announced that it has acquired a 100% stake in EFT Corporation, an Africa-focused payment services provider. According to the startup, the acquisition takes Ukheshe closer to its stated goal of attaining a larger footprint in Africa and beyond. Access...
Argentine Tenants Lead Crypto Adoption, Pay Rent in BTC Under Novel Contract – Pesos Out, Bitcoin In?
15.1.2024
Rosario Bitcoin contract marks major milestone in Argentina’s push for mainstream crypto adoption. Image by Kerem Goktug Kaya, DALL-E 3. Argentina’s third most populated city Rosario recently saw an unprecedented rental agreement that signifies a major milestone for crypto adoption...
European Central Bank Shows It’s Serious About Enabling Digital Euro Offline Use
11.1.2024
The central bank plans to allocate the lion’s share of its $1.3 billion contract budget for providers to work on enabling offline payments for a digital euro
Crypto Payment Provider Alchemy Partners Payment Processor Worldpay
22.12.2023
The fiat-crypto payment gateway Alchemy Pay recently revealed that it has partnered with Worldpay in a move that gives its users to access Worldpay’s Visa and Mastercard payment rails via its on and off-ramp service. Alchemy said its users will now experience better efficiency and customer...