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How businesses can accept payments in crypto?


With the dynamic shift in the global economy, businesses everywhere are exploring how to accept Bitcoin payments. With a surge in companies integrating crypto payment processing systems, notably in the US, the world is witnessing a meteoric rise in the acceptance of such payment forms. This...

MobileCoin Appoints New CEO for Global Expansion of Crypto Payments


MobileCoin, a privacy-focused payments network and the builder of Signal's crypto payments feature, has moved its chief technology officer, Sara Drakeley, into the chief executive officer position.  According to the press release, Drakeley's appointment emphasizes the company's plans to "amplify...

Paypal Offers More Crypto Payment Options for Web3 Merchants in US


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


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...

PayPal Enhances Crypto Offering with USD Conversion Service


Payments giant PayPal is expanding its cryptocurrency offerings with the introduction of a USD conversion service.  The new "off ramp" service enables users to seamlessly convert their digital currencies into US dollars, the company said in a recent press release. With this service, crypto wallet...

PayPal to facilitate Web3 payments with On and Off Ramps


PayPal has announced the launch of On and Off ramps for its services. This will enable wallets, decentralized applications, and NFT marketplaces to allow users to trade cryptocurrencies in the US. They are subject to all the relevant regulations of the country. However, the fact that PayPal...

Visa explores USDC settlement payments on Solana blockchain


Visa, a giant in the financial services industry, recently announced its expansion into USDC payments on the Solana blockchain. This news signifies a significant adoption of cryptocurrency for Visa and marks the first step towards borderless payments, carried out virtually with no intermediaries...

What is Monero? A Brief History of the World’s Top Privacy Coin


Monero currently occupies the foremost position among privacy cryptocurrencies in terms of market capitalization. The following Learning and Insights explainer briefly delves into the origins and development of Monero (XMR), emphasizing its distinctive features, such as anonymous transactions...

FTX Looking to Recover Millions Paid to Athletes and Sports Clubs


Advisers working for FTX have analyzed if some payments made by the failed crypto exchange to sports stars and organizations can be returned. The money went to celebrity athletes, including basketball legend Shaquille O’Neal, and sports teams like the NBA’s Miami Heat and Formula 1’s Mercedes under...

JPMorgan Mulls Blockchain-Based Deposit Token, Report


America’s biggest bank by assets, JPMorgan Chase, is exploring a blockchain-based deposit token for cross-border payments and interbank transfers. If approved by regulators, the banking giant may create the digital asset, which would be different from its existing JPM Coin as it could be used...

Ripple Acquires Crypto Financial Services Company Fortress Trust 


Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise blockchain solutions. Ripple...

Why Freelancers Are Turning to Blockchain for Payments


Freelancing has become a significant part of the global job market in recent years. As traditional job roles evolve, more people are choosing freelance work to have flexible schedules and diverse income streams.... Read More: Why Freelancers Are Turning to Blockchain for Payments

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