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Blockchain Bites: Ghosn’s Crypto Payments, Russia’s Red Line and Why Banks Won’t Bite
24.7.2020
Carlos Ghosn’s smugglers were paid in crypto, cryptographers call out Craig Wright’s latest claims and it's unknown whether banks will custody crypto following the OCC's letter
Coinbase Processed $500,000 in Bitcoin Payments That Helped Ex-Nissan Chairman Flee Japan
24.7.2020
Coinbase processed $500,000 in bitcoin payments that aided the dramatic escape of former Nissan Motor Co. chairman Carlos Ghosn from Japan, according to Bloomberg. In December, two Americans used a box to smuggle Ghosn out of the Asian country, where he was facing criminal charges for embezzlement...
Swipe Visa Card Adds Crypto Travel Booking Site’s AVA Token
24.7.2020
Travala.com’s native token AVA will now be added to the Swipe wallet service and Visa card platform — making it spendable at 60 million merchants worldwide
New Russian Law Bans Bitcoin Payments for Goods and Services
24.7.2020
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...
Eftpos Australia Launches DLT Micropayments Pilot With Hedera
23.7.2020
Australia’s leading point-of-sale technology provider, Eftpos, is launching a proof-of-concept exploring DLT-powered micropayments in partnership with Hedera
Alibaba Payments Subsidiary Launches AntChain Blockchain Solution
23.7.2020
Alibaba’s payments arm Ant Group has launched a new blockchain solution, AntChain, for increased trust and transparency in industrial processes
Japan’s Covid-19 Stimulus Payments Didn’t Flow Into Crypto
23.7.2020
Covid-19 relief money does not seem to have been spent by many Japanese on cryptocurrencies
Russian Lawmakers Finally Pass Country’s Major Crypto Bill
22.7.2020
Russia’s newly passed crypto bill finally provides a legal status to crypto, but does not allow it to be used as a payment method
Vegasbetting.com Study Found US Sports Betting Market Is Leading the Way
21.7.2020
Ten out of ten major US sportsbooks accept Bitcoin deposits while only one in ten sportsbooks with a global footprint process Bitcoin payments. VegasBetting.com study found that the US sports betting market is leading the way when it comes to accepting bitcoin as a payment method. The study looked...
Wirex Approved to Issue Mastercard-Backed Bitcoin Debit Cards
20.7.2020
Mastercard said Monday it had granted Wirex principal membership status, becoming the “first” native cryptocurrency outfit to do so. The membership allows Wirex, a London-based digital payments firm, to issue payment cards directly to consumers, making it easier for people to buy, hold...
Mastercard Expands Cryptocurrency Program for Crypto Card Issuers
20.7.2020
Mastercard is reaching out to cryptocurrency firms and encouraging them to apply to become partners as part of its newly-expanded cryptocurrency card program
PayPal to Reportedly Offer Crypto Trading Through Paxos Partnership
20.7.2020
PayPal reportedly plans to introduce crypto trading through a new brokerage service offered by United States stablecoin operator Paxos
Top Spanish Banks Finalize Trial of Payments Using Smart Contracts
17.7.2020
Five major Spanish banking institutions have completed a proof-of-concept for payments using smart contracts
Bank of Thailand Progresses With Digital Baht Tests Before Public Launch
16.7.2020
The Bank of Thailand is looking to test the digital baht with Hong Kong’s central bank after piloting the CBDC with large businesses
Singapore’s National Payments System Can Guide Global Crypto Adoption
16.7.2020
Blockchain payments project Ubin can lay the financial blueprint for countries looking to explore crypto tech in a fully regulated manner
ConsenSys Accused of Stealing IP From a Startup in Its Own Incubator
16.7.2020
Canadian blockchain upstart BlockCrushr alleges that ConsenSys stole proprietary technology after it participated in ConsenSys’ Tachyon accelerator program
Cypherium CEO Predicts CBDC Cross-Border Payments ‘Soon’
16.7.2020
Cypherium’s founder predicts that adoption of CBDCs for cross border payments will happen sooner than expected
The Bahamas Edges Closer to Hurricane-Proof Digital Currency
15.7.2020
The Bahamas is betting that its mobile phone-based digital currency could be the key to faster post-disaster economic recoveries
How Can Blockchain Disrupt Cross-Border Payments?
15.7.2020
Blockchain technology can bring about major changes for cross-border payments, says Ripple’s former chief market strategist
Bitcoin Has American Mindshare but Few Users
15.7.2020
The results from the Federal Reserve's annual Survey of Consumer Choice are in: Most people know of bitcoin, few are using it