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US consumer finance watchdog sued for treating digital wallets like banks
17.1.2025
The new December ruling from the US Consumer Financial Protection Bureau impacts payment apps and digital wallets offered by large non-bank companies
US consumer finance watchdog sued for treating digital wallets like banks
17.1.2025
TechNet and NetChoice are challenging a move by the US Consumer Financial Protection Bureau to regulate payment apps and digital wallets such as Apple Pay, Google Wallet, PayPal, Venmo and Cash App
US consumer finance watchdog sued for treating digital wallets like banks
17.1.2025
TechNet and NetChoice are challenging a move by the US Consumer Financial Protection Bureau to regulate payment apps and digital wallets such as Apple Pay, Google Wallet, PayPal, Venmo and Cash App
US consumer finance watchdog sued for treating digital wallets like banks
17.1.2025
TechNet and NetChoice are challenging a move by the US Consumer Financial Protection Bureau to regulate payment apps and digital wallets such as Apple Pay, Google Wallet, PayPal, Venmo and Cash App
US consumer finance watchdog sued for treating digital wallets like banks
17.1.2025
TechNet and NetChoice are challenging a move by the US Consumer Financial Protection Bureau to regulate payment apps and digital wallets such as Apple Pay, Google Wallet, PayPal, Venmo and Cash App
US consumer finance watchdog sued for treating digital wallets like banks
17.1.2025
TechNet and NetChoice are challenging a move by the US Consumer Financial Protection Bureau to regulate payment apps and digital wallets such as Apple Pay, Google Wallet, PayPal, Venmo and Cash App
US consumer finance watchdog sued for treating digital wallets like banks
17.1.2025
TechNet and NetChoice are challenging a move by the US Consumer Financial Protection Bureau to regulate payment apps and digital wallets such as Apple Pay, Google Wallet, PayPal, Venmo and Cash App
US consumer finance watchdog sued for treating digital wallets like banks
17.1.2025
TechNet and NetChoice are challenging a move by the US Consumer Financial Protection Bureau to regulate payment apps and digital wallets such as Apple Pay, Google Wallet, PayPal, Venmo and Cash App
US consumer finance watchdog sued for treating digital wallets like banks
17.1.2025
TechNet and NetChoice are challenging a move by the US Consumer Financial Protection Bureau to regulate payment apps and digital wallets such as Apple Pay, Google Wallet, PayPal, Venmo and Cash App
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...
Singapore’s Parliament Addresses Worldcoin Account Misuse and Privacy Risks
11.9.2024
Singapore’s Deputy Prime Minister Gan Kim Yong addressed concerns in Parliament regarding the risks of Worldcoin’s operations in Singapore, including potential money laundering through the sale of accounts. He emphasized that although Worldcoin does not perform a payment service under...
Coinbase Launches ‘Smart Wallets’ in Bid to Simplify Crypto Onboarding
5.6.2024
Coinbase has introduced “smart wallets,” aimed at easing the entry into blockchain activities by eliminating complex processes and high fees associated with traditional crypto wallets. This new offering seeks to onboard over one billion users through simplified, gasless transactions...
North Korea-Affiliated Hackers Stole $600 Million in 2023 — Ten Times More Damaging Than Anyone Else
10.1.2024
North Korea-affiliated hackers stole digital assets worth $600 million in the past year. According to a TRM Labs report, this figure will likely rise to $700 million if additional attacks which occurred at the tail end of the year are traced to the same hackers. North Korea and its affiliates...
5 emerging digital finance trends to watch
21.7.2023
Explore five emerging digital finance trends shaping the financial landscape in the digital age
P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return
4.4.2023
According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, but he also noted that he could...
Argentine Tax Authority AFIP Detects Irregularities in 184 Digital Wallet Tax Statements
21.3.2023
The Argentine tax authority (AFIP) is increasing its scrutiny when it comes to digital wallets. The institution recently revealed it found irregularities in at least 184 tax statements that include digital wallets and cryptocurrencies. These taxpayers did not include their wallet holdings as part...
Binance to Restrict Ukrainian Hryvnia Operations Via 2 Payment Providers
15.3.2023
Crypto exchange Binance will stop processing transactions with Ukrainian hryvnia through two payment platforms later in March. The move follows an earlier suspension of deposits and withdrawals using bank cards in the national currency of Ukraine. Ukrainian Users Lose More Fiat Options to Trade...
Report: Egyptian Police Arrest 29 Alleged Masterminds of Crypto Mining App Scam
14.3.2023
The Egyptian police are reported to have recently arrested 29 individuals associated with the Hoggpool cryptocurrency mining app scam. In addition to seizing 95 mobile phones and 3,367 SIM cards, the police said domestic and foreign currency valued at $194,000 was recovered during the arrests....
Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns
25.2.2023
The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as “cluster instability” and indicated that...
JPMorgan to Open Blockchain Innovation Lab in Greece
25.2.2023
Financial giant JPMorgan has announced it will open a new blockchain innovation lab in Greece. The lab will be focused on the development of applications on top of Onyx, the blockchain platform launched by the bank in 2020, and on digital identity solutions. JPMorgan to Push Blockchain Development...