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Can stablecoins save US freelancers from Venmo fee hike? Industry weighs in
24.5.2024
According to Dan Romero, as Venmo introduces higher fees, stablecoins could emerge as a potential lifeline for 1099 workers
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
‘Really Stupid and a Huge Mistake:’ Putin Blasts US Actions Blocking Payments to China; Exporters Turn to Small Banks and Crypto
20.5.2024
Russian President Vladimir Putin charged against the U.S. actions seeking to block Russian payments to China and other countries. During a two-day trip to China, the Russian leader emphasized that this strategy was “really stupid and a huge mistake,” considering that these actions...
Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments
17.5.2024
The e-CNY, also referred to as the digital yuan, is China's state-backed digital currency, and users can now open digital wallets and store it outside of mainland China in Hong Kong.
The post Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments appeared first on Cryptonews
US Treasury strategy would tighten virtual asset regs, increase use of AI
17.5.2024
Better regulations, greater enforcement and AI are going to be the focus of the Treasury’s fight against illicit finance
Bitcoin Lightning Payments Service Provider, Ibex Pay, to Suspend US Operations
16.5.2024
Ibex Pay, a payment rail that accepts Bitcoin payments via the Lightning Network, announced on May 15 that it will cease operations in the U.S. The payment firm stated that the suspension of services for the U.S. market will take effect on May 31, but did not provide reasons for the decision....
Tether, TON team up with mobile app for USDT-to-fiat transactions
16.5.2024
The Open Network users will be able to use Oobit’s Tap & Pay technology to pay merchants in fiat while spending USDT
FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research
16.5.2024
“Not all creditor repayments are bearish,” said K33’s analysts, noting FTX's cash payouts versus the crypto repayments from Gemini and Mt. Gox
Mastercard launches ‘next generation’ of blockchain payments startup program
15.5.2024
The program has added five startups and will trial various payment technologies ranging from blockchain to Web3
South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M
12.5.2024
Lesaka Technologies, a fintech startup based in South Africa, recently signed a deal to acquire Adumo, a payment solutions provider, for nearly $86 million. Under the terms of the agreement, Lesaka Technologies will pay Adumo $12.5 million in cash. The funds will be sourced both internally and from...
Tokenization to unlock interoperability across payments, investments
9.5.2024
During the TokenizeThis 2024 event, executives from Ripple and Stellar discussed the latest trends in tokenization, including the blending of payments and investments
Tether Boosts Crypto Payments in Eastern Europe with Investment in CityPay.io
9.5.2024
Tether officially declared its injection of additional investment into CityPay.io, a platform enabling users to make payments at various establishments, including Wendy’s and Radisson Hotels, using cryptocurrencies like Bitcoin.
The post Tether Boosts Crypto Payments in Eastern Europe with...
Rwandan central bank proceeds with ambitious retail CBDC project
8.5.2024
The African country is eyeing a tokenized retail CBDC with offline transfer capabilities as it heads toward a cashless economy
Tether scales crypto payments in Eastern Europe with new investment
8.5.2024
The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan
Mastercard joins forces with US banking titans for tokenized settlement trials
8.5.2024
The partnership between the significant banking giants in the US and Mastercard is aimed at streamlining multiple asset-class settlements on a shared ledger platform
Meme Coin News: Tesla Adds DOGE Payments, Whale Buys $10.4M in PEPE
7.5.2024
This week read about:
Meme Coin News: Market Highlights
Tesla’s Updated Payment Methods Include Dogecoin
Dogeverse Presale Hits $13 Million Milestone
Whale Withdraws 1.238 Trillion PEPE
The post Meme Coin News: Tesla Adds DOGE Payments, Whale Buys $10.4M in PEPE appeared first on Cryptonews
Dogecoin Price Prediction as Tesla Now Accepts DOGE Payments
6.5.2024
The Dogecoin price has bounced back faster than any other top ten crypto coin in the last seven days. The world's favorite meme coin added 18.8% over the last week and currently trades at $0.1676.
The post Dogecoin Price Prediction as Tesla Now Accepts DOGE Payments appeared first on Cryptonews
New record: Bitcoin processes 1.6M confirmed payments in a day
30.4.2024
The launch of Bitcoin Runes played an important role in the spike in the total number of transactions over the Bitcoin network
US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion
29.4.2024
The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult
US Senators Warren and Cassidy Push for Action Against 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.
The post US Senators Warren and Cassidy Push for Action Against Cryptocurrency Use in Child Abuse Trade appeared first on Cryptonews