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Paxful to Roll Out Crypto Debit Card for US Customers
2.11.2020
The peer-to-peer digital asset marketplace is launching a Visa card, starting in the U.S. market
Second Stimulus Checks: When Lawmakers Will Pass Relief Package With Direct Payments to Americans
2.11.2020
Negotiations on a new coronavirus aid stimulus package are still underway as Americans wait to receive their second round of stimulus checks. House Speaker Nancy Pelosi, President Donald Trump, and Senate Majority Leader Mitch McConnell have their own ideas of when the next stimulus package with...
Lightning Network Exploits Continue to Hinder the Bitcoin Scaling Solution
1.11.2020
While bitcoin has run-up to all new price highs in 2020, a great number of crypto supporters have been complaining about the mempool backlog and the high fees needed to send a transaction. Meanwhile, the Lightning Network is far from seeing widespread adoption, and a number of attack vectors have...
Coinbase Card Now Available in the US for Payments and Purchases
29.10.2020
Leading global crypto trading network Coinbase announced the launch of the Coinbase Card in the United States. As per the official tweet, Coinbase Card is a Visa debit card that will allow users to spend their crypto for purchases and payments wherever Visa is accepted, and earn up to 4% crypto...
Circle CEO Jeremy Allaire seems to already be using PayPal to buy Bitcoin
29.10.2020
The CEO tweeted a screenshot of an apparent $100 purchase of Bitcoin using the service well ahead of its official rollout date
Ripple to Invest in Japan’s SBI Subsidiary MoneyTap
29.10.2020
Ripple plans to invest in MoneyTap, the blockchain payments app birthed through a joint venture between the San Francisco-based firm and SBI Holdings
Cambodia launches inter-banking platform that runs on blockchain
28.10.2020
But don’t call it a CBDC, says central bank reps
Cambodia Central Bank Launches Bakong Blockchain Payments System
28.10.2020
Cambodia sees Bakong as a critical step in modernizing its payment system and de-dollarizing its economy
After Praising Bitcoin, JPMorgan Pushes JPM Coin, Sets Up Dedicated Crypto Unit
28.10.2020
JPMorgan Chase has revealed that its own JPM Coin is now being used commercially by a large tech company. The company has set up a dedicated crypto business unit with a focus on cross-border payments. This news follows a group of JPMorgan analysts praising bitcoin as an alternative investment...
Visa's foray into fintech provokes DoJ antitrust investigation
28.10.2020
U.S. authorities want information from Bain & Co about Visa's Plaid acquisition
Former Visa exec joins Crypto.com to drive Latin American market
28.10.2020
Traditional finance execs are increasingly moving into crypto positions
PayPal’s baby steps into crypto isn’t dampening the hype for adoption
27.10.2020
While crypto firms have been trying to build the crypto equivalent of PayPal, the company itself will soon enter the industry
Indian bank to offer crypto services across its 34 branches
27.10.2020
For the first time, Indians will be able to take out a loan against cryptocurrencies
Crypto Exchange Huobi Adds Direct Visa, Mastercard Payments
27.10.2020
The exchange is making it simpler to pay for cryptocurrency with Visa and Mastercard with a direct service through a regulated subsidiary
Toyota’s IT arm works on digital token pilot with crypto exchange
26.10.2020
Another automotive company is moving into crypto
PayPal Cuts Service to Crypto-Funded Domain Registrar Hosting Right-Wing Sites
26.10.2020
A report suggests the action may be over the firm's digital currency, Masterbucks
Crypto Long & Short: Why the PayPal Rally Isn’t What It Seems, and Why That’s OK
25.10.2020
PayPal opening up its network to bitcoin and crypto is a game-changer, but the announcement hides a bigger and more important message
Paypal’s Crypto Embrace: Morgan Stanley Says Move Boon for Mass Adoption, Critics Say Payment Giant Violates Crypto Principles
24.10.2020
The entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move. Non-crypto players like the analysts at Morgan Stanely are agreement with the notion that the payments...
ECB Executive Board Member on European Payments in the Digital Age
24.10.2020
Speech by Fabio Panetta, Member of the Executive Board of the European Central Bank (ECB), at the ECB Conference "A new horizon for pan-European payments and digital euro." Frankfurt am Main, 22 October 2020.
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Key points:
An uncontrolled change in the payments landscape...
How RUSH is Changing Cross Border Payments
23.10.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The US dollar is the most common currency used for cross border settlement between various countries and big corporations with the help of the traditional banking system. According to a report by the Balance,...