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‘Not Related to a Digital Currency’ — US Central Bank Addresses Concerns Over Fednow Payment Network
9.4.2023
The U.S. Central Bank has issued an update regarding the Federal Reserve’s Fednow project, which is scheduled to commence in July. The Fed has responded to recent criticism of the Fednow service and asserts that the Fednow payment network is “neither a form of currency nor a step toward...
US Central Bank’s Fednow Payment Service to Launch in July, Economist Calls Timing ‘Suspicious’
22.3.2023
According to the U.S. Federal Reserve, the central bank’s Fednow payment service will start operating in July, and participants will be certified in April to leverage the Fednow Pilot Program. Ken Montgomery, the Fednow program executive, is urging American financial institutions to make...
Silvergate Bank 'Had to Be Perfect' but Now Pays a Heavy Price: Strategist
9.3.2023
But because they weren’t, the industry now is likely to have a difficult time attracting traditional firms into the crypto banking industry, Jim Bianco, president of Bianco Research LLC, says
New Paypal Policy Lets Firm Fine Users $2,500 for Spreading ‘Misinformation,’ ToS Condemned and Called an ‘Abomination’
8.10.2022
A new Paypal user policy that permits the company to fine users $2,500 for spreading “misinformation” has caused quite a stir on social media platforms. After November 3, anyone who posts or publishes information or content to “promote misinformation” will be subject...
Nifty News: Total BAYC thefts crack $18.5 million, “Ape Now, Pay Later” loans come for NFTs and more
8.7.2022
The total value of stolen BAYC NFTs has cracked $18.5 million, BNPL comes for NFT buyers and Australia makes big moves in the non-fungible space
Binance Announces New Payments Partner Amid Fiat Deposit and Withdrawal Suspension in Brazil
27.6.2022
Binance has chosen a new payments partner amid the suspension of direct fiat deposits and withdrawals in Brazil. The company stated it will now work with Latam Gateway, a payments processing company that has been in the payments intermediation business since 2019. Binance reported it would...
Solana Pay Ushers in New Payments Era
2.2.2022
Solana has released a new blog that illustrates its vision for a new and improved payment system for digital currencies. The blog post brings an anecdotal depiction of how the system would bring a mutually beneficial environment. The system would adopt the means currently used by fiat money...
New Payment System Seeking to Bolster Intra-African Trade Goes Live
22.1.2022
A new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live. Discussions about onboarding more African countries are still ongoing. SMEs the Main Beneficiaries of the Payment System A new African payment system...
XRPayNet – the World’s Most Diverse Payment Network, Bringing ‘Buy Now, Pay Later’ to the Crypto Industry
10.1.2022
PRESS RELEASE. XRPayNet is a cryptocurrency built on the XRP Ledger, with an upcoming global team focused on one goal: a globally adopted interface and ecosystem for payment settlements that is suitable for stores, businesses, peer to peer transactions and those who sell products and services....
New bill in Ukraine to allow payments in cryptocurrency, says official
6.8.2021
The deputy minister of Ukraine’s Ministry of Digital Transformation believes that crypto payments will be allowed in Ukraine similarly to payments deriving from the U.S. dollar
Bakkt, Binance, MoonPay, And Voyager Bring New Payment Solutions + More News
4.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Adoption news
Digital asset marketplace Bakkt Holdings has announced that they have partnered with quick-service restaurant Quiznos to launch...
‘Buy now pay later’ firm Zip plans to offer crypto trading in Australia and the US
23.7.2021
“We know our younger generation of customers seek additional products and services that are relevant to them,” said Zip co-founder Peter Gray
CS:GO Players Can Now Pay A Buck A Month To Access Better Statistics
5.5.2021
Why use free Counter-Strike: Global Offensive stat tracking websites like csgostats.gg or Leetify when you can now pay a $.99 monthly subscription fee for Valve’s official and less comprehensive CS:GO 360 Stats service? Because they’re free and more comprehensive? Ah. Read more
Starbucks Customers Can Now Pay With Bitcoin via Bakkt’s Digital Wallet App
5.4.2021
Starbucks customers can now pay for items with bitcoin by leveraging the Bakkt digital wallet application. Bakkt’s CEO, Gavin Michael explained that 500,000 users participated in testing before the launch, as the company says it looks forward to expanding crypto assets to everyone. You...
Diem gets closer to launch as Fireblocks and First introduce new payment infrastructure
16.2.2021
Fireblocks and First Digital Asset Group have developed a seamless connection to Diem, allowing financial institutions to access the emerging payment network. The platform is still awaiting regulatory approval before it can launch
Amazon Building ‘Digital Currency’ Team for ‘New Payment Product’
11.2.2021
Just days after Jeff Bezos announced that his era, as the CEO, comes to an end at Amazon, the e-commerce giant, has indicated that it is prepared to explore the world of “digital currencies” – by launching what appears to be a Mexico-based pilot project.
The firm said, in a job posting for...
Binance Says It Wants to Get More People Using Crypto With Its New Payments Service
3.2.2021
The beta Binance Pay product currently allows users to make and receive payments in five cryptocurrencies and the euro
Bitpay Launches New Payroll Service for Companies That Opt to Pay Employees in Crypto
13.11.2020
The Atlanta-based cryptocurrency payment processing company Bitpay is now getting involved with payroll services. The firm announced the launch of Bitpay Send, a mass payout service that enables organizations of all sizes to pay employees, affiliates, and freelance contractors. Bitcoin...
Ripple Files Trademark for Possible New Payments Service
13.11.2020
The new title and logo suggest Ripple has another payments product in the works
You can now pay for 400,000 Viator tourism experiences with crypto
7.10.2020
Tripadvisor experience marketplace Viator has partnered with ShareRing to facilitate payments and store travelers sensitive information