Search
Busking for Bitcoin: Report Finds Street Performers Depend on Digital Payments
17.7.2021
Street performers, or buskers, are leaning more toward digital platforms these days compared to the old method of accepting loose change. A report recently published by economists at RMIT University in Melbourne, Australia has found that in certain areas, buskers get more donations via digital...
Visa, Mastercard Monitor Binance’s Regulatory Compliance as More Regulators Scrutinize the Crypto Exchange
16.7.2021
Payments giants Visa and Mastercard say they are monitoring Binance’s regulatory compliance developments as more regulators come after the global crypto exchange for operating in their countries without authorization. Visa, Mastercard Monitoring Binance’s Regulatory Troubles Visa...
US Government Offers Cryptocurrency in ‘Rewards for Justice’ Program
16.7.2021
The U.S. Department of State’s Rewards for Justice program is offering a reward of up to $10 million “for information on foreign malicious cyber activity against U.S. critical infrastructure.” The department further said that “Reward payments may include payments...
Facebook to Ramp up Payments Ahead of Diem Launch
16.7.2021
The social media heavyweight Facebook is forging ahead with more Facebook Pay innovations ahead of the launch of its stablecoin project Diem (formerly Libra).
Per The Verge, the new Facebook Pay solution is to be expanded beyond the Facebook ecosystem, which includes platforms like WhatsApp,...
Tennessee city wants to accept property tax payments in Bitcoin
16.7.2021
Jackson Mayor Scott Conger believes that Bitcoin is the only solution to fix inflation and the U.S. dollar devaluation
Payments in a flash: Strip club in Las Vegas now accepts Lightning
16.7.2021
Guests at the Crazy Horse 3 will soon be able to tip their favorite dancers using BTC
Paypal Raises Weekly Cryptocurrency Purchase Limit to $100K, Removes Annual Limit
16.7.2021
Payments giant Paypal has increased its weekly purchase limit for cryptocurrencies and has removed the annual limit altogether. The company said, “These changes will enable our customers to have more choice and flexibility in purchasing cryptocurrency on our platform.” Paypal Increases...
NFL’s Saquon Barkley converting endorsements to BTC to create ‘generational wealth’
15.7.2021
Saquon Barkley will use Strike to convert all of his endorsements into Bitcoin, and noted that he became interested in BTC after researching inflation
Global payments brand Skrill expands crypto wallet services
14.7.2021
Skrill customers outside the United States now have access to 35 cryptocurrencies in their digital wallets. The company expanded into the U.S. in March of this year
Visa to approve Bitcoin spending card for Australian startup CryptoSpend
14.7.2021
Crypto debit cards continue to catch on as an Australian digital assets start-up gets approval from Visa to release a spending card down under
Crypto crackdown targeting USD access points has begun: Caitlin Long
13.7.2021
Avanti’s Caitlin Long expects the U.S. Federal Reserve to make it harder for crypto companies to access USD payment channels
Payments Provider Clear Junction Stops Processing Payments for Binance
12.7.2021
On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision. Clear Junction...
Bank of Ghana Deputy Governor Says ‘Central Bank Digital Currency Is Fiat Money,’ Reveals Pilot Phase Will Start September
12.7.2021
Ghana’s proposed central bank digital currency is similar to fiat cash and therefore financial institutions, as well as fintech start-ups, can still create value based on it, a Bank of Ghana (BOG) official has said. Still, the official, Maxwell Opoku-Afari, the BOG’s deputy governor...
Parliament of West Africa Economic Block Cautions Against Use of Cryptocurrencies
11.7.2021
The parliament of the Economic Community of West African States (ECOWAS) has joined the list of African organizations that have cautioned against the use of cryptocurrencies. In its warning to West Africa crypto users, the legislative body insists these digital assets are too volatile and as such...
Thailand Sees Rising Adoption of Cryptocurrencies as Means of Payment — Warns of Risks
11.7.2021
Bank of Thailand says a growing number of companies are asking for payments in cryptocurrencies, such as bitcoin and ether. The central bank reiterates its stance on crypto and warns of the risks of using them as a means of payment. The Bank of Thailand (BOT), the country’s central bank...
Jack Dorsey’s Square Building Bitcoin Hardware Wallet to Make Crypto Custody More Mainstream
9.7.2021
Jack Dorsey’s payments company, Square Inc., has confirmed that it is building a bitcoin hardware wallet and service with the aim to “make bitcoin custody more mainstream.” Square’s Bitcoin Hardware Wallet in the Works Square Inc. is building a hardware wallet, Jesse...
After Barclays, Santander Bank Blocks Payments to Binance in UK Citing Customer Protection
9.7.2021
Santander Bank in the U.K. has become the latest high street bank in the country to block fund transfers to cryptocurrency exchange Binance. Recently, Barclays and Natwest banks reportedly made a similar move. A number of Santander Bank customers reported on social media that they have received...
Dogecoin gains 8% after Elon Musk says DOGE payments compete with Bitcoin, Ethereum
9.7.2021
The billionaire's latest public praise of Dogecoin yields few returns but a lot of mockery
Visa and 50 Crypto Platforms to Enable Cryptocurrency Payments at 70 Million Merchants
9.7.2021
Visa Inc. announced Wednesday that the transactions via crypto-linked Visa cards exceeded $1 billion in the first quarter. The company further said that it is partnering with 50 major cryptocurrency platforms “to launch card programs that make it easy to convert and spend digital currency...
Circle to Go Public via Bob Diamond-Backed SPAC Deal — Boston Firm Valued at $4.5 Billion
8.7.2021
The Boston-based crypto financial company Circle has announced the firm plans to go public this year in a merger with Concord Acquisition Corp. Circle revealed the news on Thursday and noted that the company expects to close the deal in Q4 with a valuation of $4.5 billion. Circle Announces SPAC...