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Payment Processors Paypal and Venmo Now Support ENS Domains
11.9.2024
Ethereum Name Service (ENS) has announced that the payment giants Paypal and Venmo have integrated support for ENS domain names. This integration enables users to employ Paypal and Venmo to transmit crypto assets to an ENS address. Paypal and Venmo Roll out ENS Support On Tuesday, ENS shared on...
Legacy Payment Processors Charge Adult Sites a Fortune; MyPeach.AI Found a Crypto Solution
6.9.2024
Adult entertainment websites usually pay credit card companies through the nose. MyPeach.AI has found a stablecoin-powered workaround
USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident
12.3.2023
On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades...
Bitcoin market cap 'flips' payments giant Visa for the 3rd time
20.2.2023
While the collapse of FTX shaved $100 billion off of BTC's market cap in just four days last year, BTC has managed to fully recover and stack on another $65 billion
Brazilian City of Curitiba Mulls Crypto Acceptance for Tax Payments
17.10.2022
The city of Curitiba, in Brazil, is now studying the possibility of accepting cryptocurrency payments for taxes. Noemia Rocha, a city councilor for Curitiba, presented this project to the executive to study the method by which the municipality could accept cryptocurrencies for these payments using...
Crypto payments gain ground thanks to centralized payment processors
15.7.2022
Mastercard, Visa, PayPal and several others have paved the way for crypto to be used as a tool of payment for buying daily needed goods
Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions
5.5.2022
Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed Russians to pay abroad after major processors restricted their services in the country. Visa and Stripe Halt...
Why Banks and Payment Processors Shun Perfectly Legal Businesses
25.4.2022
Porn, gambling and even furniture sales are deemed “high-risk” merchant categories. Sometimes the risk is financial; other times it’s just bad publicity
Some Indian Payment Processors Cut Off Local Crypto Exchanges
14.4.2022
Binance CEO Says Firm Is Looking Into Buying Banks and Payment Processors in Brazil
16.3.2022
The company will seek to strengthen its presence in the Latin American country and comply with local regulations, according to Changpeng “CZ” Zhao
Visa and Mastercard Suspend Operations in Russia as Part of Sanctions Over Ukraine
7.3.2022
The world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation although Russians will be able to use their cards inside the country....
State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform
15.9.2021
State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank’s UPI for crypto merchants. Payment Processors Instructed to Disable SBI UPI for Crypto Firms State Bank...
Bank of Russia to Study Risks of Crypto Investing With Banks and Payment Providers
3.7.2021
The Central Bank of Russia (CBR) has set out to examine the risks associated with cryptocurrency investments. The regulator is going to conduct a dedicated study with the participation of major banks and payment processors operating in the Russian market. CBR Adds Crypto to Its Survey Program...
Eidoo Card Is Available for Pre-Order – Seamlessly Connect Your Fiat and Crypto Wallets
9.4.2020
Gone are the days when online fiat payment processors and digital wallets were viewed as something new and innovative. By now, most people are used to shopping online, especially in developed countries. The current payment processors are well-established and they’ve gained the public’s trust.
The...
Blockchain.com Launches Full Turkish Lira Banking Integration as a Native Payment Gateway for Turkey
30.1.2020
Blockchain.com has launched a full banking integration for Turkish Lira (TRY) to create a native payment gateway for users to deposit and withdraw Lira on its trading platform. With this development users in Turkey no longer have to incur high fees and conversion rates from third-party payment...
Bitcoin Traders Are Finding Creative Ways to Avoid KYC
17.11.2019
Cryptocurrency traders on Bisq are using Revolut to buy and sell bitcoin without the need for KYC/AML. The decentralized, peer-to-peer marketplace allows anyone to buy or sell cryptocurrency via a range of payment processors and traditional banking services. With Localbitcoins now a twisted...
How Centralized Payment Systems Learned to Accept Decentralized Cryptocurrency
23.10.2019
They might not be shouting it from the rooftops, but fiat payment gateways are no longer the enemy of bitcoin. Hostilities have ceased, the bad blood has been let, and today the fiat and crypto worlds are bridged and doing business. Despite the two systems sporting opposing aims and architecture...