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Paypal Launches US Dollar-Denominated Stablecoin PYUSD on Venmo 

20.9.2023
On Wednesday, the payment giant Paypal announced that the stablecoin PYUSD is now available on Venmo. Paypal detailed that the stablecoin asset will be available to select Venmo users and fully roll out for all users “in the coming weeks.” Paypal Stablecoin PYUSD Makes Its Way to Venmo...

Bank of Russia Governor Elvira Nabiullina: ‘Cash Is Not Going Away’

19.9.2023
Elvira Nabiullina, Governor of the Bank of Russia, talked about the future of cash in the context of the digital ruble pilot currently being executed in the country. Nabiullina explained that physical money was not disappearing and that the future implementation of the digital ruble was directed...

Kazakhstan Sets Up National Payment Corporation To Lead CBDC Efforts

18.9.2023
The National Bank of Kazakhstan (NBK) has unveiled the National Payment Corporation (NPC), a body charged with the implementation of digital financial infrastructure and the digital tenge. According to an official press release on Sept 15, the NPC will oversee efforts at rolling out the county’s...

Bitcoin Miner Returns 19.8 BTC in Fees After Paxos Claims Payment Mistake

16.9.2023
According to an X post, a cryptocurrency mining pool, F2Pool, has returned the mistakenly transferred transaction fee of 19.8 BTC made by Paxos, a Financial infrastructure firm. It started on September 10, when a transaction fee of $510,000 was paid to a miner on block 807,057 for a transaction...

Brazil's Central Bank Pix Joins Ramp Network's Payment Solutions

15.9.2023
Crypto startup Ramp Network has integrated Pix, a payment method offered by the Central Bank of Brazil. The integration of Pix is expected to significantly ease onboarding to crypto for both individuals and businesses in Brazil, given the widespread use of the payment method in the country. The...

SWIFT CBDC Interlinking Solution Enters Beta Testing

15.9.2023
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of financial payment services, has announced that its central bank digital currency (CBDC) connector has entered beta testing stages. SWIFT reported that three central banks are already testing this...

Paypal Offers More Crypto Payment Options for Web3 Merchants in US

13.9.2023
Payment processor Paypal announced it’s introducing on- and off-ramps to facilitate crypto payments for Web3 platforms. Once integrated, merchants in the sector will be able to employ them to expand their user base by connecting to Paypal’s payments system. Paypal Launches On-...

Lightspark CEO David Marcus Profiles Bitcoin as Global Payment Network

13.9.2023
David Marcus, CEO of Lightspark and co-creator of Diem, Meta’s failed cryptocurrency project, explained his intentions of turning Bitcoin into a global payments network. Marcus explained that there was no universal protocol for sending value over the internet and that we were still in...

B2BinPay v17 Update – the Next Step for Crypto Payment Solutions

7.9.2023
The B2BinPay team has just announced the release of B2BinPay v17, a substantial update that polishes and perfects the crypto payment experience. As one of the industry leaders, B2BinPay has been a global go-to facilitator for crypto transactions. B2BinPay’s crypto solutions are celebrated...

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