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Kenyan Fintech Player: ‘Banking the Unbanked’ Is the Most Important Use Case for Digital Currencies in Africa
28.9.2021
The year 2020 may well go down as the year when blockchain technology and cryptocurrencies, in particular, gained mainstream recognition. The restrictions on movement, as well as the widespread fear of catching a virus, forced many to look for alternative ways of making payments or sending...
Bitcoin Lightning nodes and channels hit record highs
28.9.2021
The number of Lightning Network nodes has increased 160% over the past 12 months while the number of channels is up 170% since January
Coinbase users can choose to deposit paychecks directly to accounts
27.9.2021
Customers will have the option to deposit "as much or as little" of their paychecks as they want in the feature rolling out in the next few weeks
XRP is for payments, Bitcoin for ‘speculation,’ says former US Treasurer
27.9.2021
After joining Ripple’s board of directors in May, Rosa Rios is bashing Bitcoin for being a supposed speculative tool
Cardano to enable new DeFi stablecoin with Coti
27.9.2021
Coti previously partnered with Cardano’s stablecoin hub Ardana to bring decentralized stablecoin payments to AdaPay
Bhutan Partners With Ripple to Pilot Digital Ngultrum on a Private Ledger
25.9.2021
The Central Bank of Bhutan, the Royal Monetary Authority (RMA), has partnered with Ripple to start testing a model of its central bank digital currency (CBDC) using Ripple’s technology. The test will be using Ripple’s own CBDC private ledger, to support similar use cases. The pilot...
China’s Crypto Crackdown: Fundamentals Still Show Bull Market Continuation, Bobby Lee Says ‘Don’t Panic’
24.9.2021
The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore is “considered illegal financial activity.” The PBOC also reiterated comments it...
Crypto adoption is a ‘huge challenge,' says Chinese central bank exec
24.9.2021
PBoC maintains its anti-crypto stance despite local players experimenting with digital yuan-pegged stablecoins
Italian Payments Giant Nexi Involved in Digital Euro Project
24.9.2021
Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (ECB) related to the digital euro project. The announcement was made by Nexi’s CEO Paolo Bertoluzzo, who also gave his opinion about the future of central bank digital currencies (CBDC)...
Twitter launches crypto tipping for all users
23.9.2021
Bitcoin tips are available to send through the Lightning Network using the Strike app, or by adding a BTC address directly to one’s profile
Central Bank of Ukraine Supports Crypto Industry, Fears Cryptocurrency
23.9.2021
The National Bank of Ukraine recognizes the benefits of endorsing crypto innovations but also fears cryptocurrencies could gain ground on the national fiat. Announcing its monetary policy guidelines for the near future, the regulator noted it’s going to defend the status of the hryvnia...
US Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds
22.9.2021
The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in crypto transactions related to scams, ransomware attacks, darknet markets, and the infamous...
Smart contracts are coming to Bitcoin through Dfinity’s Internet Computer
21.9.2021
Efforts to expand Bitcoin’s functionality for payments, smart contracts and Web 3.0 are well underway, opening the door to wider mainstream adoption
PayPal releases new consumer app for crypto, savings and direct deposits
21.9.2021
The app offers customers the ability to manage all PayPal-related transactions from a single dashboard
Adapt or die: Payments giants partner with crypto firms to ensure security
21.9.2021
Mastercard’s upcoming acquisition of CipherTrace demonstrates the need for payments giants to partner with crypto firms to enable digital asset innovation
Texas following El Salvador? Poll shows 37% of residents want crypto payments
20.9.2021
Two pieces of legislation related to cryptocurrencies recently took effect in the state, and many businesses already accept digital payments
Bank of Russia to ‘Slow Down’ Payments to Crypto Exchanges, Curb Russians’ Impulsive Investments
19.9.2021
Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely...
Paypal Completes Rollout of Crypto Offering in UK: First International Expansion Outside US
19.9.2021
Paypal has completed the first international expansion of its cryptocurrency offering outside of the U.S. Paypal Crypto is now available to customers in the U.K. allowing them to buy, hold, and sell four kinds of cryptocurrencies. Paypal Crypto Now Available to All Eligible UK Customers Payments...
AMC adds Ether and Litecoin to year-end crypto adoption plans
16.9.2021
The cinema operator has expanded its plans to accept crypto payments for movie tickets with the inclusion of Ether and Litecoin
Central Bank of Turkey Expands Research, Prepares to Test Digital Lira on New Platform
16.9.2021
The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will allow Turkey to focus on expanding research and conducting tests of the prospective digital...