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US senators target cryptocurrency use in child abuse trade
26.4.2024
Senators Elizabeth Warren and Bill Cassidy are asking federal agencies about their technical capacity to combat crypto payments in the sale of child abuse material
Stripe Re-Enters Crypto Payments With USDC on Ethereum, Polygon, and Solana
26.4.2024
Stripe, the fintech giant, has decided to re-enter the cryptocurrency payment space after a six-year hiatus, starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains. This move, introduced by co-founder John Collison at the Connect developer conference, is aimed at improving...
Stripe bringing back crypto payments, this time with a stablecoin
25.4.2024
Stripe customers will be able to pay with USDC beginning this summer, president Jack Collison said, after the company canned BTC payments in 2018
Square merchants can now convert up to 10% of sales to Bitcoin via CashApp
25.4.2024
Block gets one percent of every conversion
Stripe Brings Back Crypto Payments Via USDC Stablecoin
25.4.2024
Six years after dropping support for bitcoin and, thus, crypto payments altogether, Stripe is bringing back the service later this summer, though initially only for Circle’s USDC stablecoin
Banks could flood into stablecoins if new bill passes: S&P Global
25.4.2024
The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P Global Ratings
Bitcoin Payments App Strike Launches for European Customers
24.4.2024
Strike, the payments application using the Bitcoin blockchain, has launched in Europe, allowing customers to buy, sell and withdraw bitcoin {{BTC}} in the region, it announced Wednesday
Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions
23.4.2024
PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receiving payments in USDT last year and will accelerate...
Stablecoins Are Seeing Adoption as a Cross-Border Settlement Mechanism: Bernstein
9.4.2024
Solana is leading the field in blockchain payments, but the network has scalability issues, the report said
BCB Group Moves Custody of Digital Asset Operations to Metaco’s Platform
9.4.2024
The move will allow the crypto payments firm to consolidate its custody technology
Russia Discusses Testing Digital Ruble for Budget Payments
27.3.2024
The Central Bank of Russia and the Russian treasury are considering testing using the Russian CBDC, the digital ruble, to complete budget settlements. The tests would involve using this CBDC to make payments to businesses and citizens and receiving payments from these in CBDC, to ensure...
Reports: Crypto Is at the Forefront of the Side Job Economy for Argentines
23.3.2024
Argentines are increasingly turning to online side jobs to have an additional crypto-based income. According to the local press, students who have lower incomes and are affected by the adverse conditions of the national economy, are the ones who are commonly getting into these jobs with foreign...
Avalanche to Launch Web3 Voucher Program on Alipay
21.3.2024
The smart contracts platform Avalanche recently said it is collaborating with the Chinese payments giant Alipay to launch a Web3-enabled voucher program. The second phase will see the proof of concept being expanded to more than 100 million users from Southeast Asian countries. Web3-Enabled...
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...
Latam Insights: Tim Draper’s Bitcoin Prophecy for El Salvador, Bukele’s Bitcoin Rush
18.3.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Tim Draper predicts bitcoin will make El Salvador a rich country, President Nayib Bukele vows to keep buying bitcoin, and Banco do Brazil announces offline...
Russia Regulates Use of Digital Assets for International Settlements
15.3.2024
Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for international settlements, a use case not contemplated in any law, appointing...
Elon Musk Backs DOGE for Tesla Payments — Says ‘Dogecoin to the Moon’
15.3.2024
Tesla and Spacex CEO Elon Musk has expressed that Tesla should enable dogecoin as a payment method for its vehicles “at some point.” He exclaimed, “Dogecoin to the moon,” as he explained his reason for backing the meme cryptocurrency. “Lots of rich people were...
Zodia Markets Partners With Fireblocks to Make Cross-Border Payments More Efficient
14.3.2024
Standard Chartered-backed crypto exchange and brokerage Zodia Markets and crypto custody technology provider Fireblocks have partnered to improve cross-border payments.
The post Zodia Markets Partners With Fireblocks to Make Cross-Border Payments More Efficient appeared first on Cryptonews
Fireblocks, Zodia Markets Partner to Improve Cross-Border Payments
14.3.2024
The two crypto firms are attempting to improve cross-border payments via stablecoins for large corporations and institutions
Wealthy London Residents Reportedly Use Cryptocurrency for High-End Property Rent Payments
13.3.2024
Some of London’s wealthy residents are reportedly using cryptocurrency to pay for luxury home rentals. High interest rates and a dampened real estate market have led the city’s affluent residents to opt against buying properties. The acceptance of payment in cryptocurrency...