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Bank of England and UK’s FCA Propose Plans to Regulate Stablecoins
6.11.2023
The UK’s central bank and the financial regulator have both proposed plans to regulate stablecoins in discussion papers, published Monday. The Bank of England (BoE) revealed that the regulatory measures focus on sterling-denominated stablecoins. This is because they have...
Boba Guys, Shopify users showcase adoption of Web3 tools - Solana Breakpoint
3.11.2023
Mainstream commerce and big brands are reporting improved business results and promisingloyalty programmes through integrations with the wider Solana ecosystem
Triple-A Raises $10 Million in Series A to Bridge the Gap Between Traditional Finance and Blockchain Payments
25.10.2023
Singapore-based digital currency payments firm Triple-A has completed a $10 million Series A funding round.
The round was led by returning investors Peak XV, formerly known as Sequoia India and Southeast Asia, with strategic support from Shorooq Partners, a venture firm focused on the MENA...
A SWIFT Shakeup: Yuan Dethrones Euro as Runner-Up in Trade Finance Markets
20.10.2023
The latest report published by the Society for Worldwide Interbank Financial Telecommunications (SWIFT) has revealed that the Chinese yuan overtook the euro as the second most used currency in trade finance markets. However, the dollar is still comfortably in first place, with more than an...
Report: Valr Partnership With Visa to Expand the Reach of the South African Crypto Exchange
18.10.2023
The South African crypto exchange Valr said its partnership with the global card firm Visa is set to expand the former’s reach. The two companies said they would work on a solution that enables Valr customers to use the card firm’s network to make or receive payments. Harnessing Visa’s...
Federal Judge Orders Mediation for BlockFi and Three Arrows Capital Dispute Over $284 Million Payments
12.10.2023
A US bankruptcy judge, in order to resolve the legal battle over a significant $284 million claim by bankrupt crypto hedge fund Three Arrows Capital (3AC) against crypto lender BlockFi, has ordered them to enter mediation....
Read More: Federal Judge Orders Mediation for BlockFi and Three Arrows...
Crypto cards facilitated $3B payment volume post 2021 exchange deals - Visa VP
5.10.2023
Visa’s CEMEA head of innovation and design Akshay Chopra reveals that the company’s partnership with cryptocurrency exchanges has facilitated billions of dollars in payment volumes
Bank of France Deputy Governor Views CBDCs as a Catalyst For Cross-border Payments
4.10.2023
Denis Beau, the first deputy governor of Banque de France has referred to Central Bank Digital Currencies (CBDCs) as a foundation for a new global monetary system.
According to him, CBDCs should be developed to implement cross-border payments rather than for local financial settlements alone...
UK Government Urged to Review Chase Bank’s Policy to Decline Crypto Payments
3.10.2023
Bitcoin Policy UK has urged the British government to review Chase Bank’s policy to decline all crypto payments. “It is, of course, the stated policy of this Government that the U.K. become a crypto asset hub, but it is hard to square this policy aim with the actions of this U.K.-regulated bank,”...
Coinbase CEO Calls on Chase Customers in UK to Close Accounts After the Bank Says It Will Decline Crypto Payments
29.9.2023
Coinbase CEO Brian Armstrong has slammed JPMorgan’s British retail bank, Chase UK, for changing its policy to block all crypto-related payments. Calling the move by Chase “totally inappropriate,” the Coinbase boss said: “UK crypto holders should close their Chase accounts...
Moneygram Introduces Non-Custodial Crypto Wallet for Cross-Border Payments
26.9.2023
Moneygram, a leading money transfer company, announced plans to launch its own non-custodial digital wallet in partnership with the Stellar Development Foundation. The wallet will enable users to convert between fiat and digital currencies when sending cross-border payments. Moneygram Partners With...
Chase UK to Block Crypto Payments Amid Scam Concerns and Regulatory Changes
26.9.2023
JPMorgan Chase & Co.’s U.K. division, Chase UK, is putting the brakes on cryptocurrency-related payments. Come October 16, any Chase UK customers attempting to make a bank transfer or card payment linked to crypto will find themselves thwarted. Chase UK to Halt Crypto Payments...
Digital Yuan app adds prepaid Mastercard VISA top-ups for tourists
25.9.2023
The Digital Yuan app now allows tourists to top-up e-CNY wallets with Mastercard & VISA payment with 'recharge first and use later' option
Almost 490,000 Vendors in China’s Changsha Accept Digital Yuan Payments
20.9.2023
Nearly 490,000 vendors in China’s Changsha now accept digital yuan payments, the city’s government has claimed as the nation’s CBDC pilot continues.
Per the Changsha Evening News (via Huasheng Online), this year has seen Changsha expand its digital yuan use-case scenarios “into key areas such...
Hashing It Out: MobileCoin CEO says crypto must make space for more women
14.9.2023
Sara Drakeley says crypto has a reputation for being a ”bro space” and urges the industry to make provisions that would attract more women to the field
MobileCoin Appoints New CEO for Global Expansion of Crypto Payments
14.9.2023
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...
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...
Wirex and Polygon CDK Join Forces to Revolutionize Digital Payments With W-Pay
12.9.2023
PRESS RELEASE. Wirex, a major player in crypto payments with over 6 million users, has chosen to partner with Polygon CDK (Chain Development Kit) to create a new App Chain focused on payments, named W-Pay. This move marks a significant development in the world of cryptocurrency payments....
Why Freelancers Are Turning to Blockchain for Payments
8.9.2023
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
Visa taps into Solana to widen USDC payment capability
5.9.2023
The global payments firm has expanded its stablecoin settlement capability to include USDC tokens issued on the Solana blockchain