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Ripple Wins Platinum for Best Cross-Border Payments Platform at Future Digital Awards 2024
10.10.2024
Ripple has been named a Platinum Winner for Best Cross-Border Payments Platform in Juniper Research’s 2024 Future Digital Awards for Fintech & Payments. Other winners included Huawei for mobile money, SAP Fioneer for banking-as-a-service, and Paymentology for embedded finance...
Ripple Bags Best Cross-Border Payments Platform Award!
8.10.2024
Ripple, the blockchain firm known for its global payment solutions, has been awarded the “Platinum Prize for Best…
Digital Payments Platform Flexa Launches Crypto Point-of-Sale Tool
16.8.2024
Flexa Components will allow retailers to accept crypto payments like USDC at the point of sale
Jack Dorsey-Led Block Witness High Profits on Bitcoin Sales Via Cash App
23.2.2024
Block payments platform earned $66 million from selling Bitcoin through Cash App, the firm’s recent Q4 2023 earnings report noted.
The post Jack Dorsey-Led Block Witness High Profits on Bitcoin Sales Via Cash App appeared first on Cryptonews
Nigerian Social Payments Platform Bundle Ceases Crypto Exchange Operations
22.7.2023
The Nigerian social payments platform Bundle said on July 20 it was shutting down its crypto exchange services business and will now focus on its peer-to-peer platform known as Cashlink. Bundle said users must withdraw or convert their digital assets to the stablecoin tether on or before Aug....
India and UAE Break Away From US Dollar: Landmark Agreement Enables Trade Settlements in Rupees and Dirhams
17.7.2023
In a compelling turn of events this Saturday, India and the United Arab Emirates (UAE) inked a landmark agreement facilitating trade transactions to be settled in their native currencies, rupees and dirhams, instead of relying on the U.S. dollar. India’s prime minister Narendra Modi visited...
Payments Platform Nuggets Working With Bank of England on Privacy Layer for Digital Pound
5.7.2023
The BofE said in February that a digital pound was likely needed, but that it will not make a decision on issuing one until at least 2025
Crypto Firms Face Turmoil as Prime Trust Fallout Causes Service Disruptions and Concerns
23.6.2023
After the Bitgo acquisition deal to purchase Prime Trust fell through, it seems that crypto firms that have worked with the custodian are experiencing problems. On Thursday, Seattle-based fintech startup Stably announced the need to “temporarily pause” certain services and operations....
Crypto payments platform Wyre shutters citing bear market conditions
17.6.2023
Wyre has begun the process of winding down and noted that interested parties can now start inquiring about purchasing the firm’s assets
Hong Kong Put Pressure on Three Major Banks to Take on Crypto Exchanges as Clients: Report
15.6.2023
The Hong Kong Monetary Authority (HKMA) is putting pressure on HSBC, Standard Chartered and Bank of China to take on crypto exchanges as clients
Binance Australia Stops AUD Bank Transfers as Search for Payment Partner Drags On
2.6.2023
Customers can still buy and sell crypto using credit and debit cards after the halt, which was announced last month
Iran Sets Up Platform to Facilitate Crypto Payments for Imports
3.5.2023
Authorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated platform has been established to allow local businesses to transfer cryptocurrency for the purpose of cross-border settlements. Iran to Use Cryptocurrencies...
Payments provider Affirm to sunset crypto program after 19% staff cut
9.2.2023
Users will not be able to buy Bitcoin after Mar. 2, and the “Affirm Crypto Program” will officially shut down on Mar. 31
Crypto payments platform Wyre lifts 90% withdrawal cap
13.1.2023
Just five days after it imposed them, Wyre has removed all limits on account withdrawals
Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa
7.12.2022
United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently added new feature known as “Send Globally.” The new feature instantly converts...
Payments platform Fuse integrates ChromePay to bring DID services to Africa
20.9.2022
The African continent has emerged as a hotbed for crypto and blockchain activity, with countries like Nigeria and Ethiopia leading the way
Whitepay Introduces Crypto Payments to Ukraine’s Tech Stores
19.8.2022
Ukrainians will be able to purchase electronics and other products with digital coins thanks to a service provided by Whitepay. The payment processor, established by the Ukrainian-born digital asset exchange Whitebit, has recently implemented crypto payments in the country’s largest tech...
Blockchain Payments Platform Ansible Labs, Founded by Visa Alums, Raises $7M
10.8.2022
The startup is building a bank-grade off-ramp for Web3 transactions
Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks
13.7.2022
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create...
B2B Payments Platform Tribal Joins the Blockchain Association
27.6.2022
The emerging markets-focused company is becoming a member of the crypto lobbying group and plans to engage with regulators and other stakeholders