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Paypal Selects Crypto.com as ‘Preferred Exchange’ for PYUSD Stablecoin


Paypal has chosen Crypto.com as the “preferred exchange” for its recently launched stablecoin issued by the blockchain company Paxos. The partnership with the trading platform seeks to prop the U.S. dollar-pegged cryptocurrency which has already listed the coin and provides liquidity for...

Binance Advises Paysafe Users to Convert Euro Balances to Tether


Crypto exchange Binance has issued a recommendation for customers using the services of Paysafe for euro (EUR) transfers. The crypto trading platform is advising users to convert their euro balances to tether (USDT) or withdraw them to bank accounts after the payment processor suspended deposits...

Moneygram Introduces Non-Custodial Crypto Wallet for Cross-Border Payments


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 Bans Crypto-Linked Payments for U.K. Clients Starting October 16


Chase, a digital bank owned by JPMorgan, is set to ban crypto-linked payments through debit cards or outgoing bank transfers for its UK clients starting on October 16, as conveyed in an email sent to customers. The email noted: "If we think you're making a payment related to crypto assets, we'll...

The utility of Bitcoin: where your wallet can be used for payments


In recent years, Bitcoin has established itself as a revolutionary financial technology that has drastically altered people’s understanding of currency and commerce. First designed as a decentralized digital form of money, Bitcoin has advanced considerably beyond its initial purpose....

Almost 490,000 Vendors in China’s Changsha Accept Digital Yuan Payments


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...

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