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Iconic Australian Venue Now Accepts Crypto for Food and Drink Purchases


Adelaide Oval, a landmark South Australia sporting venue, now allows AFL patrons to purchase food and beverages using crypto. This marks the first instance of such a payment option being offered at a major national stadium. The post Iconic Australian Venue Now Accepts Crypto for Food and Drink...

Singapore Imposes New Rules for Digital Payment Token Services


Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional requirements on digital payment token service providers and broaden the scope of regulated services. The central bank warned that entities that do...

China Expands Digital Yuan Accessibility Through Hardware Wallet Integration


Bank of China’s Qingdao Branch, in collaboration with telecom and digital finance partners, introduces digital yuan hardware wallet and "deferred payment" model to simplify transit payments. The post China Expands Digital Yuan Accessibility Through Hardware Wallet Integration appeared first...

Alipay Collaborates with Avalanche for Web3 Voucher Program


Alipay, a leading online payment platform, has partnered with Avalanche, a smart contract blockchain platform, to introduce a voucher program leveraging Web3 technology. The post Alipay Collaborates with Avalanche for Web3 Voucher Program appeared first on Cryptonews

Nigerian Startup, Zone, Raises $8.5M in Seed-Funding Round


Zone, a Nigerian payment fintech startup that leverages the blockchain, recently raised $8.5 million in a seed funding round. An undisclosed portion of the funds will be allocated to cover costs associated with the trial of Zone’s cross-border payment capabilities in 2025. Zone to Expand...

Southeast Asian e-Hailing Giant Grab Brings Crypto Payments to Singapore


Grab, Southeast Asia’s leading e-hailing and food app, is now letting Grab Pay users in Singapore to seamlessly top up their e-wallet balances using cryptocurrencies. The post Southeast Asian e-Hailing Giant Grab Brings Crypto Payments to Singapore appeared first on Cryptonews

OKX receives in-principle approval by MAS for its payment institution license


The global premier cryptocurrency exchange, blockchain, and Web3 technology organization, OKX, recently received in-principle approval for its licensing application to provide customers with virtual assets and financial services.  On 13th March, OKX mentioned that it received preliminary approval...

Terraform Labs Pushes Back Against SEC Over Special Counsel Payment


Crypto firm Terraform Labs has filed a lawsuit against the US Securities and Exchange Commission. The suit addresses the recent objection from the regulator over a $166M retainer paid to special litigation counsel Dentons. The SEC’s argument lies in the fact that the crypto firm’s lavish spending...

BRICS to Develop Digital Currencies and Blockchain-Based Payment System


BRICS nations announce plans to collaborate to launch an independent blockchain-based payment system, introducing their own digital currencies to streamline cost-effective transactions. The post BRICS to Develop Digital Currencies and Blockchain-Based Payment System appeared first on Cryptonews

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