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Suku partners with Chainlink BUILD to expand Blockchain payment solutions
13.6.2024
Suku links up with the Chainlink BUILD program for speeding up the expansion of the ecosystem and acceptance of blockchain related money transfers, internationally. This is made possible through receiving connectivity with Chainlink’s oracle solutions and technical backing. In return, SUku will...
Putin Says BRICS Developing Independent Payment System Free From Political Pressure
12.6.2024
Russian President Vladimir Putin recently announced that the BRICS bloc aims to establish an independent payment system, free from political pressure and external interference. Putin stated that the addition of new members has increased BRICS’ share of global GDP to 36% and its share of...
South Korea labels mass-produced NFTs as virtual assets
10.6.2024
NFTs considered as virtual assets are eligible to receive interest when deposited to exchanges according to the FSC’s guidelines published in 2023
COPA Seeks Payment of 85% Of Costs in Craig Wright Case
7.6.2024
The COPA vs Craig Wright trial made a resurgence on Friday to determine what costs and penalties Wright might suffer
Peru adopts India's UPI system to boost financial inclusion
7.6.2024
The Indian instant payment system is gradually making its way around the world. Soc India and Peru collaborate on payments
Telegram unveils Telegram Stars: A digital mini-app payment gateway
7.6.2024
Telegram has shifted its ground in the digital market by recently launching Telegram Stars, a new way of payment within the application. The social network’s CEO, Pavel Durov, announced this new feature, explaining that with its help, users can easily purchase various digital goods...
Study: Half of Surveyed Germans ‘Imagine Using a Digital Euro as an Additional Payment Option’
5.6.2024
A new report has found that half of Germans who participated in a survey study can “imagine using a digital euro as an additional payment option.” However, the study also revealed that some three-quarters of the respondents view the “aspect of privacy in connection with the use...
Crypto.com App now offers a new payment facility
4.6.2024
Crypto.com users have the ability to initiate a Strike or UpDown options trade by converting their crypto to American dollars. The new payment facility makes use of any token available in the user’s balance, which is a notable attraction. Another exciting news for crypto enthusiasts is that...
Elizabeth Warren: Crypto Prominent in the Global Fentanyl Trade Over the Last Decade
3.6.2024
Two U.S. Senators, Elizabeth Warren and Bill Cassidy, have asked the Biden adminstration to furnish them with updates on what the U.S. government is doing to curb the use of crypto in fentanyl trafficking. According to Warren and Cassidy, decentralized crypto exchange platforms are enabling...
China and UAE Praise Potential Role of CBDCs in Cross-Border Trade
3.6.2024
China and the United Arab Emirates (UAE) have acknowledged the crucial role of central bank digital currency (CBDC) in facilitating cross-border trade and investment. In a joint statement, the two countries expressed their commitment to deepening bilateral and multilateral cooperation with respect...
BlockDAG leads with 30,000x ROI and expands payment options, surpassing Ethena and Toncoin
2.6.2024
As Toncoin investors seek more stable opportunities and Ethena shows potential for recovery, BlockDAG rises as a formidable leader in the cryptocurrency market. With strategic expansions and diverse investment avenues, BlockDAG promises a platform capable of delivering a 30,000x return...
Navigating the waters of stablecoins: The Lummis-Gillibrand Payment Stablecoin Act
31.5.2024
In a move poised to bring significant changes to the digital currency landscape, United States Senators Kirsten Gillibrand & Cynthia Lummis have introduced a new bill aimed at regulating payment stablecoins. Known as the Lummis-Gillibrand Payment Stablecoin Act, this legislation sets...
Warren prods drug agencies about crypto links to fentanyl trade
31.5.2024
Senators Elizabeth Warren and William Cassidy say crypto has played an “increasingly prominent role” in the fentanyl industry
Israel to Launch Digital Shekel Test for Payment
29.5.2024
The "digital shekel," also known as the central bank digital currency (CBDC), is being developed at a faster pace by the Bank of Israel (BoI). The bank recently provided an update on May 28 that included preparations for the payment use case of the CBDC through the 'Digital Shekel Challenge'...
Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions
29.5.2024
Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available...
PayPal expands PYUSD to Solana, targets payment use cases
29.5.2024
PayPal’s PYUSD stablecoin is now available on Solana and Ethereum, offering a chain-agnostic experience for its users
Israel to Start Digital Shekel Challenge to Develop Payment Use Cases
29.5.2024
Israel's central bank is launching a challenge on the use of a central bank digital currency in payments as part of an "action plan for a possible issuance of the digital shekel."
Bank of Israel Launches Digital Shekel Challenge
29.5.2024
The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector organizations, and academic institutions — to participate in the digital shekel’s experimental environment. The initiative aims to foster the development of innovative...
Diamonds Standard Co. uses precious gems to back payment network
21.5.2024
Diamond Standard Co. has introduced a blockchain payments system that uses diamonds as backing collateral for transactions
Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App
16.5.2024
Tether Operations Limited, the largest entity in the digital asset ecosystem, announced a strategic partnership with Oobit, a mobile payment app, and the TON Foundation on May 16.
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