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Craig DeWitt, Co-Founder at Supermojo, on Creating New Payment Networks, Ripple, and NFT Payment Solutions | Ep. 237
9.6.2023
In an exclusive interview with cryptonews.com, Craig DeWitt, Co-Founder of Supermojo, talks about the future of alternative payment methods using blockchain technology, creating new payment networks separate from ACH, and automatically creating wallets and self-custody options....
Read More: Craig...
Report: EA 'Exploiting The Players' With College Football Payments
8.6.2023
For the first time in a decade, EA Sports will be releasing a college football game this season. The main reasons for that 10-year hiatus was a conflict over player payments (which weren’t allowed under NCAA rules) and likenesses. Those had presumably been resolved in the lead-up to EA Sports...
Circle is latest recipient of Major Payment Institution license in Singapore
7.6.2023
The stablecoin issuer is the second crypto company to receive Singapore’s MPI license this month, following Crypto.com
Kenyan Central Bank: CBDC Not a Priority ‘in the Short to Medium Term’
6.6.2023
The Kenyan central bank has said implementing a central bank digital currency (CBDC) may not be a priority for Kenya in the short to medium term. According to the central bank, Kenya’s “pain points in payments can potentially be solved by strengthening innovations around the existing payment...
Brazil's crypto exchange Mercado Bitcoin licensed as payment provider: Report
3.6.2023
As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange's users in the country
Mercado Bitcoin, Brazil's Largest Crypto Exchange, Receives License as a Payment Institution
2.6.2023
The company plans to offer financial services that combine the potential of crypto with traditional financial services
Binance Australia Stops AUD Bank Transfers as Search for Payment Partner Drags On
2.6.2023
Customers can still buy and sell crypto using credit and debit cards after the halt, which was announced last month
US Consumer Protection Agency Issues Warning on Payment Apps Following Collapses of Crypto Firms, Banks
2.6.2023
The US Consumer Financial Protection Bureau issued a warning on Thursday for people using person-to-person services to store funds, reminding them that they are not federally insured, in the wake of FTX and multiple bank collapses.
Transaction volumes on payment apps have “substantially...
Money stored on mobile payment apps may not be FDIC insured, US watchdog warns
1.6.2023
Deposits on mobile payment apps may not be insured by the FDIC, and customers may not know whether their money is insured or not
Crypto.com joins ranks of licensed payment institutions in Singapore
1.6.2023
Singapore's Crypto.com expands its regulatory achievements by securing MPI license for DPT services from MAS
Binance Buying Bank Not Solution for Banking Problems, Says CEO Changpeng Zhao
1.6.2023
Acquiring a bank wouldn’t solve the issues with banking for Binance or others, the CEO of the largest crypto exchange is convinced. Speaking in the aftermath of the collapse of crypto-friendly banks in the U.S. and amid Binance’s issues with payment providers in Australia, Changpeng Zhao said...
USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment
31.5.2023
The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay
Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank of India Deputy Governor Recommends All Banks Adopt Blockchain & AI
31.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank...
Bitcoin Trading at Discount on Binance Australia Due to Upcoming Payment Cutoff – Here's What You Need to Know
31.5.2023
As Binance Australia is facing a cut off from a key local on-ramp service, traders have been trading Bitcoin (BTC) and other cryptocurrencies at a discount on the platform. ...
Read More: Bitcoin Trading at Discount on Binance Australia Due to Upcoming Payment Cutoff – Here's What You Need to Know
Binance Australia Users Selling Bitcoin at Discount Ahead of AUD Withdrawals Halt
30.5.2023
Customers of Binance Australia were trading bitcoin and other cryptocurrencies at lower prices than those on other platforms on Tuesday. The discount is apparently due to a popular Australian payment service preparing to cut off the crypto exchange from withdrawals in local currency. Bitcoin...
Bali Government Cracks Down on Crypto Payments by Foreign Tourists
30.5.2023
The government of Bali, Indonesia, is cracking down on the use of cryptocurrency as a means of payment by foreign tourists. “Strict actions range from deportation, administrative sanctions, criminal penalties, closure of business premises, and other tough sanctions,” said the governor...
Bali Tightens Regulations: Stricter Measures Implemented to Restrict Foreign Tourists from Using Cryptocurrency as Payment
29.5.2023
The popular Indonesian tourist island Bali will tighten rules around payments to make it harder for foreign tourists to pay with crypto.
Speaking at a press conference on Sunday, Bali Governor Wayan Koster indicated that the tighter rules on payments are part of a wider crackdown on what he called...
EAEU Official Urges BRICS and SCO for Joint Use of Digital Currencies, New Payment Card
27.5.2023
Three integration unions with Russian participation, BRICS, SCO, and the EAEU, should adopt joint policies on the use of digital currencies, according to a top representative of one of them. He also believes the international organizations should develop a new payment system with its own bank...
Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’
26.5.2023
The highly accessible introductory text mentions all the concepts and names a curious reader would need, along with some assessments
Binance Pay sees growing interest in Africa, South Asia and Independent States
25.5.2023
Three major markets are adopting Binance Pay as a means to make cryptocurrency-based payments for everyday goods and services