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Second Stimulus Checks: New Proposal Taps Unused Fed Funds, Lawmakers Call for Relief Now
23.11.2020
Americans are anxiously waiting to hear if they will receive a second round of stimulus checks as many are suffering due to the coronavirus-led economic crisis. Treasury Secretary Steven Mnuchin has a new proposal to immediately provide relief aid, while Nancy Pelosi has been discussing stimulus...
Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets
21.11.2020
Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s...
Bitcoin shortage is real, and PayPal is the cause, Pantera Capital claims
20.11.2020
Bitcoin's supply crunch could be having a dramatic impact on price, according to Pantera Capital
Crypto cross-border payments, explained
20.11.2020
What are the main advantages that crypto can offer when making cross-border payments, and what are the main challenges for consumers?
Japan’s Banking Giant MUFG Plans to Launch Blockchain Payment Network in 2021
20.11.2020
Japanese banking giant MUFG plans to launch its blockchain payment network across the country in 2021 with U.S.-based fintech company Akamai
Poker network now gives '95% of payouts’ in Bitcoin — around $160M monthly
20.11.2020
“We are constantly having to go out and buy Bitcoin,” the Winning Poker Network reports
Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years
20.11.2020
Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies
SEC’s Clayton Says Payment Inefficiencies Are Boosting Bitcoin’s Rise
19.11.2020
Clayton sounded more bullish on bitcoin than he's been in years in his Thursday interview with CNBC
Thai music festival to use its own token for a cashless event
19.11.2020
Major music festival in Thailand is adopting blockchain for safer and smoother payments
Dress to impress: Crypto payments set for mainstream via compliance
19.11.2020
Regulatory compliance is crucial for firms hoping to drive mainstream crypto adoption no matter which part of the world they operate in
Deloitte includes BitPay on top 500 tech companies list
18.11.2020
BitPay beat Pinterest by several ranks on Deloitte's prestigious list
The Dark Future Where Payments Are Politicized and Bitcoin Wins
18.11.2020
If the payments system ever becomes seriously politicized, Bitcoin's apolitical nature could become more appealing. But that's not a scenario worth looking forward to
Upptime
18.11.2020
GitHub Actions are like free computers.
Well, there is pricing, but even free plans get 2,000 minutes a month. You write configuration files for what you want these computers to do. Those configuration files go into a repo, so typically they do things specific to that repo. I’m sure that...
Bitcoin chose decentralization and immutability over payments, says Fidelity
16.11.2020
Fidelity Digital Assets has published its response to commonplace criticisms of Bitcoin
Ripple Forced To Rebrand PayID Trademark After Copyright Infringement Lawsuit
15.11.2020
Ripple Labs Inc., issuers of the XRP cryptocurrency, has filed for a new trademark called “Paystring” with the US Patent and Trademark Office (USPTO). The trademark was filed on Nov. 6 and accepted on Friday, according to the USPTO website. Although Ripple did not specify which sort...
Payza Founders Sentenced in $250M Money Laundering Case
13.11.2020
Canadian brothers Firoz and Ferhan Patel are headed to prison after admitting their payments company had broken the law
BIS head says physical cash still important, even if CBDCs take over
13.11.2020
BIS Innovation Hub head Benoît Cœuré stressed the importance of maintaining multiple payment options beyond just CBDCs
Bitpay Launches New Payroll Service for Companies That Opt to Pay Employees in Crypto
13.11.2020
The Atlanta-based cryptocurrency payment processing company Bitpay is now getting involved with payroll services. The firm announced the launch of Bitpay Send, a mass payout service that enables organizations of all sizes to pay employees, affiliates, and freelance contractors. Bitcoin...
From PayPal to Libra: Big Tech Has Forced Central Banks to Wake Up to CBDCs, Says Benoit Coeure
13.11.2020
Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to the head of the BIS Innovation Hub
US Company Now Lets Travelers Pay for Passports With Bitcoin
13.11.2020
Payments for passport renewals and name changes are being processed by Coinbase Commerce