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Putin: Russia Examining Digital Currencies for Independent Payments
28.9.2024
Vladimir Putin highlighted that Russia is examining the use of national digital currencies to implement an independent and supranational alternative payment system. However, he also outlined the intricacies of building such a platform, given the level of integration of major trading partners with...
Bolivia reports 100% rise in virtual asset trading since lifting Bitcoin ban
27.9.2024
The rise came immediately after Bolivia’s central bank lifted a 42-month ban on cryptocurrency payments, allowing financial entities to conduct transactions with digital assets
Putin: BRICS Nations Developing Own Payment and Settlement System
27.9.2024
Russian President Vladimir Putin has revealed plans for an independent payment system in collaboration with BRICS nations to secure foreign trade transactions. This move reflects a strategic shift aimed at increasing Russia’s and BRICS’s autonomy in global trade amid broader economic...
Watchdog: Visa–Mastercard ‘duopoly’ spends millions blocking competition
26.9.2024
According to a report, the two companies spent a combined $80 million lobbying against credit card competition acts.
Web3 music streaming brings direct stablecoin payouts to musicians
26.9.2024
Web3 is reshaping the music industry as platforms like Audius enable direct stablecoin payouts, offering artists more control over pricing and fan engagement
PayPal Enables U.S. Business Accounts to Buy, Hold and Sell Crypto
25.9.2024
The service won't be available to New York state in the beginning
DOJ sues Visa over alleged payments monopoly
24.9.2024
The suit alleges that Visa purposely made it difficult for competitors to participate in the payments market.
DOJ sues Visa over alleged payments monopoly
24.9.2024
The lawsuit alleges that Visa purposely made it difficult for competitors to participate in the payments market
Hong Kong’s e-HKD project expands into tokenization, programmability
23.9.2024
The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective
Hong Kong’s e-HKD project expands into tokenization, programmability
23.9.2024
The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective
Crypto-native travel agency launches Solana-based tokens and rewards
23.9.2024
Travala integrates Solana blockchain for seamless crypto payments, allowing hotel and flight bookings via SOL, USDT, and USDC
Crypto-native travel agency launches Solana-based tokens and rewards
23.9.2024
Travala has integrated the Solana blockchain for seamless crypto payments, allowing hotel and flight bookings via SOL, USDT and USDC
Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments
23.9.2024
Canada is shifting its focus away from a retail central bank digital currency after years of research, its central bank announced last week
BRICS Beats Dollar Dependence: National Currency Settlements Exceed USD Payments
22.9.2024
The BRICS bloc might have already overcome its dollar-dependence problem, as the volume of settlements in the national currencies of its member nations has already surpassed the USD-based exchanges. Using the U.S. dollar can lead to expenses that can be avoided when paying with other currencies...
Bank of Korea to Launch CBDC Payment Trial in Supermarkets
22.9.2024
South Korea’s central bank, the Bank of Korea, will soon allow participants to use digital tokens for payments at supermarkets and convenience stores in a central bank digital currency (CBDC) trial. Starting in December, 100,000 participants will be part of this test. Retail partnerships...
Bank of Canada just says no to retail CBDC in reshuffling of priorities
20.9.2024
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank
Bank of Canada just says no to retail CBDC in reshuffling of priorities
20.9.2024
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank
Louisiana Announces Crypto Payment Options for State Services
20.9.2024
The U.S. state of Louisiana has announced that residents can now use bitcoin, bitcoin lightning, and USD Coin to pay for state services through private, secure crypto wallets. “By introducing cryptocurrency as a payment option, we’re not just innovating; we’re providing...
Mastercard, Safaricom Partner on Cross-Border Payments
20.9.2024
Mastercard and Safaricom have partnered to improve payment acceptance and cross-border remittances in Kenya. The partnership will benefit over 636,000 merchants using M-Pesa and enable them to serve customers globally. This collaboration will provide faster and more reliable payment solutions...
Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam
19.9.2024
Lightspark hopes to enter Latin America’s cryptocurrency market through its partners in the region, including exchanges like Bitso and fintech institutions like Nubank. Nicolas Cabrera, Lightspark’s vice president of product, explained that the company will focus on targeting Latin...