Search
Crypto.com bags a Payment Service Provider Licence in Bahrain
19.9.2024
Crypto.com has received full approval from the Central Bank of Bahrain to provide payment service provider (PSP) services.…
Louisiana takes first crypto payment over Bitcoin Lightning
19.9.2024
Louisiana is now taking crypto payments for state services, and its Wildlife and Fisheries Department has just taken the government’s first crypto payment
Circle integrates USDC with national payment systems of Brazil, Mexico
17.9.2024
USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions
Circle integrates USDC with national payment systems of Brazil, Mexico
17.9.2024
USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions
Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles
17.9.2024
Elvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes. She emphasized the importance of finding new solutions, such as using digital currencies and cooperating with global partners,...
BRICS Payment Platforms Gain Momentum as US Dollar Alternatives, Says Russian Official
17.9.2024
BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct economic activities without relying on currencies used as political tools...
Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025
16.9.2024
The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks...
Circle predicts stablecoins will become mainstream global payment method
15.9.2024
Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space
Circle predicts stablecoins will become mainstream global payment method
15.9.2024
Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space
Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network
15.9.2024
Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re paving the way towards real-world solutions that...
Brazil lifts freeze on Starlink, X accounts after $3M fine payment
13.9.2024
The fines are tied to a legal dispute involving X’s failure to comply with court orders in the country.
Brazil lifts freeze on Starlink, X accounts after $3M fine payment
13.9.2024
The fines are tied to a legal dispute involving X’s failure to comply with court orders in the country.
Lengthy Licensing Stumps Kenyan Fintech Startups
13.9.2024
Fintech startups face significant challenges when expanding to Kenya, primarily due to the lengthy and complex process of obtaining an operating license. Obtaining a payment service provider (PSP) license can take up to two years, forcing startups to rely on workarounds such as partnerships with...
Turkey’s $200 limit on cash payments: What does it mean for crypto?
12.9.2024
Should the Turkish government pass new amendments, all cash payments above $205 would be subject to fines of 10%
Payment Processors Paypal and Venmo Now Support ENS Domains
11.9.2024
Ethereum Name Service (ENS) has announced that the payment giants Paypal and Venmo have integrated support for ENS domain names. This integration enables users to employ Paypal and Venmo to transmit crypto assets to an ENS address. Paypal and Venmo Roll out ENS Support On Tuesday, ENS shared on...
Singapore Investigating Seven People for Providing Worldcoin Services
11.9.2024
Singapore is investigating seven "subjects" for offering services of buying or selling of Worldcoin accounts and tokens which is an offence, a written reply in parliament by the government revealed on Tuesday
Singapore’s Parliament Addresses Worldcoin Account Misuse and Privacy Risks
11.9.2024
Singapore’s Deputy Prime Minister Gan Kim Yong addressed concerns in Parliament regarding the risks of Worldcoin’s operations in Singapore, including potential money laundering through the sale of accounts. He emphasized that although Worldcoin does not perform a payment service under...
Singapore probes illegal Worldcoin accounts and token sales
10.9.2024
Singapore investigates unauthorized Worldcoin account sales as regulators raise concerns over data misuse and criminal activity
Legacy Payment Processors Charge Adult Sites a Fortune; MyPeach.AI Found a Crypto Solution
6.9.2024
Adult entertainment websites usually pay credit card companies through the nose. MyPeach.AI has found a stablecoin-powered workaround
Russia Begins a Trial of Cross-Border Payment Using Crypto
4.9.2024
The war between Russia and Ukraine has entered its third year. During this time, Western allies in Ukraine…