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Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network
15.9.2024
Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re paving the way towards real-world solutions that...
Ex-Square, Coinbase execs raise $58M for Bridge stablecoin network
30.8.2024
Bridge seeks to build a global stablecoin payment network to rival traditional systems like Swift and credit cards
Skyfire launches blockchain payment network that lets AI spend your money
21.8.2024
The company is currently focused on B2B, but there are countless potential applications for consumers
Skyfire launches blockchain payment network that lets AI spend your money
21.8.2024
The company is currently focused on B2B, but there are countless potential applications for consumers
Partior, Blockchain Payment Network Backed by JPMorgan and DBS, Raises $60M Series B
12.7.2024
Diamonds Standard Co. uses precious gems to back payment network
21.5.2024
Diamond Standard Co. has introduced a blockchain payments system that uses diamonds as backing collateral for transactions
CFX Labs Secures $9.5 Million Seed Round To Expand Solana-based Payment Network
15.11.2023
Source: Pixabay CFX Labs has raised $9.5 million in seed investments to expand its Solana-based stablecoin payment and remittances network. The US-based fintech firm said in a press release on Wednesday that the fundraising was oversubscribed, with Shima Capital, Decasonic, Antalpha, CMT Digital...
Bitcoin Price Prediction: Lightspark CEO David Marcus Envisions Bitcoin as a Global Payment Network
13.9.2023
In the ever-evolving landscape of cryptocurrency, Bitcoin continues to hold its ground, currently trading at $25,952, reflecting a noteworthy 3% increase on this Wednesday.
Amidst this dynamic market, David Marcus, the CEO of Lightspark, has articulated a visionary perspective, heralding...
Lightspark CEO David Marcus Profiles Bitcoin as Global Payment Network
13.9.2023
David Marcus, CEO of Lightspark and co-creator of Diem, Meta’s failed cryptocurrency project, explained his intentions of turning Bitcoin into a global payments network. Marcus explained that there was no universal protocol for sending value over the internet and that we were still in...
‘Not Related to a Digital Currency’ — US Central Bank Addresses Concerns Over Fednow Payment Network
9.4.2023
The U.S. Central Bank has issued an update regarding the Federal Reserve’s Fednow project, which is scheduled to commence in July. The Fed has responded to recent criticism of the Fednow service and asserts that the Fednow payment network is “neither a form of currency nor a step toward...
India expands national payment network to Singapore: What’s in it for crypto?
21.2.2023
One of the banking partners in the cross-border remittance service is also part of the government’s CBDC program
Russian President Putin Says Independent Blockchain-Based Payment Network Would Be “Much More Convenient” Than Existing System
28.11.2022
A new blockchain-based international payment system could soon take shape, if Russian President Vladimir Putin gets his way.
The remarks from Putin about a potential blockchain-based digital payment system were given during a conference on artificial intelligence (AI) hosted by the major Russian...
Alchemy Pay Brings OnRamp and NFT Checkout to London Token2049
11.11.2022
PRESS RELEASE. Fiat-crypto payment provider, Alchemy Pay, is bringing its mainstream-friendly services to Europe’s foremost crypto conference – London Token2049. The Singapore-based company has taken its payment network infrastructure and pivoted to direct-to-customer (D2C) services, with...
Standard Chartered Invests in JPM and DBS-Backed Blockchain Payment Network Partior
3.11.2022
Standard Chartered has invested in Partior, the blockchain-based payment network founded by JPMorgan, DBS and Singapore government-owned investment fund Temasek
Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600
10.6.2022
Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms to users. The U.S. Internal Revenue Service (IRS) is specifically focusing on payments of $600 or more for goods and services received through...
Report: Estonian Prime Minister Calls for Restriction of Cryptocurrencies
10.3.2022
The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used by sanctioned Russian entities to evade the punitive measures. In addition, the premier wants all Russian as well as Belarusian banks to be removed from the global payment...
Binance Fully Resumes EUR and GBP Deposits and Withdrawals via SEPA, Faster Payments
8.3.2022
Cryptocurrency exchange Binance has fully resumed EUR and GBP deposits and withdrawals via the SEPA payment network and Faster Payments Services (FPS). Binance is also offering all verified users zero fees for depositing EUR via SEPA and GBP via FPS to “celebrate the return of SEPA...
Japan's Mitsubishi UFJ Financial Ends Blockchain Payment Network Plan
23.2.2022
Mitsubishi UFJ Financial Group (MUFG), one of Japan's largest financial institutions, has decided to suspend its high-speed blockchain payment network
Binance Begins Allowing EUR Deposits and Withdrawals via SEPA Payment Network
28.1.2022
Crypto exchange Binance has partnered with Paysafe to allow EUR deposits and withdrawals via the SEPA payment network. “The full re-opening of SEPA channels will scale up across the markets in due course,” Binance noted. Binance Resuming SEPA Transfers in Phases Cryptocurrency...
XRPayNet – the World’s Most Diverse Payment Network, Bringing ‘Buy Now, Pay Later’ to the Crypto Industry
10.1.2022
PRESS RELEASE. XRPayNet is a cryptocurrency built on the XRP Ledger, with an upcoming global team focused on one goal: a globally adopted interface and ecosystem for payment settlements that is suitable for stores, businesses, peer to peer transactions and those who sell products and services....