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Tether signs MoU with Georgia to develop Bitcoin P2P infrastructure
28.6.2023
The alliance intends to bring a change to the public administration and the business sector
Shanghai Clearing House Introduces Support for Digital Yuan Settlements
28.6.2023
The Shanghai Clearing House, Asia’s first counterparty clearing institution, announced support for payments made with the digital yuan Monday. According to reports, the move will allow companies to settle transactions for commodities in bulk, promoting the digital yuan, the Chinese central...
Ljubljana: It’s a Beautiful Life in This Crypto Payments Hotbed
27.6.2023
This unsung Central European success story features famous philosophers, a striking landscape and a high quality of life. And the No. 14 spot in CoinDesk’s Crypto Hubs 2023 has a crypto ecosystem that punches vastly above its weight
Binance Australia got 12 hours' notice before it was debanked, says exec
27.6.2023
Binance Australia head Ben Rose claimed the exchange got less than a day's warning from its payments partner before it was "cut off" from the local banking system in May
Garlinghouse: SEC Official Received ‘Millions’ From Vested Interests, Tradfi Heavyweight Crypto Exchange EDX Launches, Peter Schiff on USD Decline — Week in Review
25.6.2023
Ripple CEO Brad Garlinghouse recently asserted that former SEC Division of Corporation Finance Director William Hinman “received millions of dollars of payments from his law firm” which had a vested interest in a well-known 2018 speech given by the then SEC official. In other news, crypto exchange...
Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency
25.6.2023
The Bank of England made an impactful move last Thursday, June 22, 2023, as it raised the benchmark bank rate to 5%, marking a significant 0.5 percentage point increase. This decision catapults the central bank’s rate to its highest level since 2008 and represents the most substantial surge...
Venezuela to Integrate Russian Mir Payments System in De-Dollarization Push
24.6.2023
The government of Venezuela has announced that it is currently working to integrate Mir, a Russian electronic card and transfer payments system. President Nicolas Maduro backed this integration, stating that this move is part of a de-dollarization push. More than 40,000 payment terminals are being...
JPMorgan Enables Euro-Denominated Blockchain Payments through JPM Coin
24.6.2023
JPMorgan has expanded its JPM Coin blockchain payment service to include euro-denominated transactions for corporate clients.
The platform, launched in 2019 for dollar payments, allows wholesale payments clients to transfer dollars or euros between JPMorgan accounts around the world, or make...
ECB official labels crypto as 'deleterious' with 'no societal benefits' in scathing speech
23.6.2023
According to Fabio Panetta, the volatility of crypto and aspects of blockchain technology made digital assets only suitable for gambling
Today in Crypto: JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK
23.6.2023
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: JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage,...
JPMorgan bank deploys JPM Coin for euro-denominated payments
23.6.2023
Germany’s conglomerate Siemens AG was reportedly the first company to process euro-denominated payments using JPM Coin
JPMorgan Expands Its Blockchain-Based Token to Euro Payments: Bloomberg
23.6.2023
Since its inception in 2019, over $300 billion in transactions have been processed using JPM Coin
Crypto Firms Face Turmoil as Prime Trust Fallout Causes Service Disruptions and Concerns
23.6.2023
After the Bitgo acquisition deal to purchase Prime Trust fell through, it seems that crypto firms that have worked with the custodian are experiencing problems. On Thursday, Seattle-based fintech startup Stably announced the need to “temporarily pause” certain services and operations....
Shiba Wings customers love the food, not so much the crypto, says owner
23.6.2023
The SHIB-themed diner serves hot wings, burgers and cocktails, but despite the branding, still trades mostly in fiat
Mastercard Focuses Its ‘Engage’ Program on Crypto
22.6.2023
The expanded network helps bring new crypto card programs to market and creates crypto-to-fiat conversion capabilities, Mastercard said
Ripple Obtains In-Principle Approval for Major Payments Institution License in Singapore
22.6.2023
Authorities in Singapore have awarded 190 Major Payment licenses, and 11 of these have gone to Digital Payment Token companies
Federal Reserve Chairman Says Crypto Appears to Have Staying Power in US Economy
22.6.2023
Federal Reserve Chairman Jerome Powell has acknowledged that cryptocurrency appears to have staying power as an asset class in the U.S. economy. In addition, he stated that the central bank views payment stablecoins as a form of money, emphasizing that it would be appropriate to have a robust...
Bitcoin adoption in Mexico boosted by Lightning partnership with retail giant
21.6.2023
“Imagine if Best Buy, Bank of America, Fox News and an NFL team were all owned by the same individual. All of them will have lightning capabilities in the future,” Jose Lemus, CEO of Ibex Mercado, told Cointelegraph
Right to Pay With Cash Enshrined in Constitution of Slovakia Amid Digital Euro Fears
21.6.2023
A member of the eurozone is amending its constitution in order to guarantee citizens the right to cash payments. The move comes amid growing fears that a digital version of the common European currency may eventually become the only means of payment in the eurozone, despite currently being touted...
Billion Dollar Crypto Payments Firm Wyre to Shut Down Amid Market Conditions
20.6.2023
Crypto-based payments firm Wyre is shutting down its business, citing “market conditions” and a need to protect the interest of stakeholders and customers.
The news of the shut-down came in the form of a tweet published on Friday, where the company stressed that the decision was purely...