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Ripple Launches New Credit Service For Cross-Border Payments


Source: Adobe/Тихон Купревич California-based liquidity provider Ripple has introduced a new beta service, Line of Credit, designed to enable customers to benefit from its On-Demand Liquidity (ODL) service to source capital on-demand, and initiate cross-border payments with the use of the...

OFAC Warns Americans Against Facilitating Ransomware Payments


The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an advisory highlighting the sanctions risk American citizens face if they help facilitate ransomware payments. In the advisory, the OFAC says it will “continue to impose sanctions on those...

Mexico Receives 11% of All LATAM Retail Crypto Payments - Report


Mexican firms and individuals have reportedly processed 11% of all the retail payments made in crypto in Latin America from July 2019 to the same month in 2020 – with most of the crypto used in these transactions originating in the United States. According to El Economista, Chainalysis expert...

Four Merchants Revealed How Bitcoin Payments Helped Their Businesses


While it does not represent the whole industry, a recent survey of four merchants that accept bitcoin (BTC) and other cryptocurrencies offers some insights on how this nascent payment method might help business. After major crypto payments company BitPay introduced four of its undisclosed clients...

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