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Payments Giant Paypal Says Its Customers Can Now Buy and Sell Bitcoin
21.10.2020
Payments giant Paypal says its customers can now buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also says its customers will able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021. A report...
PayPal to offer crypto payments starting in 2021
21.10.2020
The rumors are now fully confirmed
Ban All Ransomware Payments, in Bitcoin or Otherwise
21.10.2020
The U.S. Treasury Department has outlawed certain ransomware payments. If it was serious, it would go further, says our columnist
WooCommerce Payments, Now with Support for Subscriptions and Saved Cards
20.10.2020
A little while back we shared the news that WooCommerce shipped a beta payments feature as part of its 4.0 release. It’s a free plugin with no monthly costs or setup fees. You only pay when you make a sale.
We’re actually using this right here at CSS-Tricks. In fact, Chris blogged...
New Zealand has no imminent plans to issue CBDC, says central bank exec
20.10.2020
Important questions about CBDCs remain unanswered for the Kiwi's central bank
.Crypto Domain Owners Can Now Be Verified With Twitter Accounts for Safer Payments
20.10.2020
The Twitter authentication service lets .crypto domain holders verify address ownership via the MyEtherWallet app
Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
19.10.2020
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair...
Bitcoin Bar ‘Room 77’ Shuts Down
19.10.2020
Room 77, the German bar and restaurant that claims to be the first retail outfit in the world to accept bitcoin payments, has shut down. Cypherpunk Holdings chief economist Jon Matonis broke the news on Twitter. Bar owner Jorg Platzer later confirmed it on Reddit. “Room 77 is closing...
Better to get it right than to be first with CBDC, says US Fed chair
19.10.2020
The U.S. already has a “safe and active dynamic domestic payment system,” Powell argued
Payments-focused cryptocurrency Dash now has a bridge to DeFi
19.10.2020
A StakeHound collaboration allows Dash holders to earn masternode staking rewards and access DeFi services at the same time
Japanese payments firm JCB and Mizuho Bank test blockchain-based ID
19.10.2020
Fujitsu has been working on blockchain-based digital identity tools since 2019
First Users Not So Impressed by China’s Digital Yuan: Report
19.10.2020
A recent giveaway of China's in-testing central bank digital currency has reportedly left recipients wondering why they should swap from existing solutions like Alipay
95% of winners in China’s CBDC lottery spent digital yuan prizes
19.10.2020
Some winners purchased additional digital yuan during the pilot
Former patrons can't drown sorrows as first-ever bar to accept Bitcoin closes
18.10.2020
A legendary Berlin-based watering hole and Bitcoin hub closes down
48-Hour Stimulus Deadline: US Lawmakers Race to Approve Second Stimulus Checks Before Election
18.10.2020
Amid the intense stimulus relief aid discussion, House Speaker Nancy Pelosi has set a deadline for the White House to come to an agreement on the next stimulus package which provides a second round of stimulus checks for Americans. Meanwhile, the Senate is set to vote on a smaller stimulus bill...
Stellar CEO to Be Part of IMF Panel on Cross-Border Payments
18.10.2020
The panel will discuss the private-sector's role in addressing shortcomings of cross-border payments
FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls
18.10.2020
The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote...
Stellar to Add Support for USDC Stablecoin, Opening Up Dollar-Backed Remittances
15.10.2020
The addition of the dollar-backed USDC stablecoin seeks to bolster Stellar’s standing as a cross-border payments network
Libra Hires HSBC Veteran Ian Jenkins as CFO, Risk Chief of Digital Payments Unit
15.10.2020
Ian Jenkins joins fellow HSBC alum James Emmet, now the stablecoin group's CEO
The Bahamas central bank wants to make its digital 'Sand Dollar' global
15.10.2020
The Bahamas’ digital currency is currently used domestically