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Digital Yuan Wallet Ranks Among Most Downloaded Apps in China
12.1.2022
The new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch. Its use and integration with other apps have contributed to an increase of digital yuan payments, media reports unveil. Wallet Launch...
Why Is Coinspaid Leading the Way as a Crypto Payment Processor?
11.1.2022
The crypto payments market is growing at a surprisingly fast pace. A few years ago, there was no real alternative to the outdated and expensive fiat-based payment systems, but now projects are increasingly turning to cryptocurrency processing. How can this payment method change your business...
Elrond Network Acquires Web3 Payment Solution Utrust, UTK Rallies
11.1.2022
Internet-scale blockchain Elrond Network (EGLD) announced the acquisition of Web3 cryptocurrency payment solution Utrust (UTK) for an undisclosed amount.
At 10:40 UTC, EGLD is trading at USD 198 – it’s up 2% in a day and down 16% in a week. It has appreciated 445% over the past year. UTK...
Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode
11.1.2022
On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure provider Opennode. The mobile application allows users to trade and transact in pesos...
Direct Fiat On-Ramps Come to Algorand (ALGO) via Alchemy Pay (ACH)
10.1.2022
PRESS RELEASE. Singapore, 10 January, 2022: Algorand (ALGO), the layer-1 blockchain for decentralized and traditional finance, has added direct fiat payment channels into their network, thanks to a new integration with Alchemy Pay (ACH). Alchemy Pay, is a payment solutions provider that connects...
XRPayNet – the World’s Most Diverse Payment Network, Bringing ‘Buy Now, Pay Later’ to the Crypto Industry
10.1.2022
PRESS RELEASE. XRPayNet is a cryptocurrency built on the XRP Ledger, with an upcoming global team focused on one goal: a globally adopted interface and ecosystem for payment settlements that is suitable for stores, businesses, peer to peer transactions and those who sell products and services....
Report: Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022
10.1.2022
In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this assertion, Reitz points to Kenya’s as position as the leader in the world’s peer-to-peer...
Social Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate
9.1.2022
China’s social media giant, Wechat has said it will support the digital yuan in a move that is expected to increase the of Chinese residents that use the central bank’s digital currency (CBDC). Wechat’s support of the digital yuan potentially avails the digital currency to...
Airbnb users want crypto payment options, according to CEO Twitter poll
5.1.2022
AirBnB's CEO suggested that the platform's possible crypto payment option would not be restricted to one or two digital currencies
China’s Digital Yuan Wallet App Now in iOS and Android App Stores
5.1.2022
China’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as e-CNY, can now be downloaded from the iOS and Android app stores in the country. Digital Yuan Wallet App Now Downloadable From iOS and Android...
Spain Reduces ATM Numbers to 2002 Levels as Country Moves to Digital Payments
4.1.2022
The number of ATMs in Spain has been progressively shrinking to levels the country saw in the year 2002. Reports from local media suggest these actions have been taken to reduce costs and to push payment and operation digitalization in the sector. The highest number of ATMs was registered in 2008...
Jamaican Central Bank Says It Has ‘Successfully Completed CBDC Pilot’
4.1.2022
The Jamaican central bank successfully completed the pilot testing of its central bank digital currency, a statement from the bank has said. The statement however reveals that only one payment service provider participated in the pilot. Only One Payment Provider Participated in the Pilot The Bank...
SHIB Burn for Merchants to Launch by the Crypto Payment Provider
31.12.2021
NOWPayments, the non-custodial digital payments tool, is adding a feature allowing merchants to burn out Shiba Inu tokens. The Amsterdam-based company mentioned that it is going to burn about 3% of the total relationship in the top canine coins community. In crypto, burning means the sending...
Colombian Real Estate Platform Allows Users to Acquire Property With Bitcoin
27.12.2021
A Colombian real estate platform is now allowing users to purchase properties with Bitcoin. The platform, called La Haus, is promoting bitcoin payments for a new real estate project in Santa Marta, called Natura City. This is an expansion of the platform, which has already established such...
Avalanche Adding Fiat Payments via Alchemy Pay (ACH) Integration
24.12.2021
PRESS RELEASE. Avalanche has announced the integration of flexible fiat payment on-ramps on their network, thanks to a new integration with Alchemy Pay. Alchemy Pay is a payment solution that bridges fiat and crypto economies and it will now offer support for Avalanche’s public blockchain’s native...
Stratos Jet Charters Reveals Crypto Payment Acceptance for Flights via FTX Pay
22.12.2021
The Orlando, Florida-based Stratos Jet Charters Inc. has announced the company has partnered with FTX US and the collaboration will make it so Stratos Jet customers can pay for services with crypto payments via FTX Pay. The CEO of Stratos Jet says the company has been in search of a crypto partner...
100 digital payment token firms in Singapore fail to win licenses: Report
22.12.2021
The Monetary Authority of Singapore wants to support crypto and blockchain adoption in the country but it’s also willing to recognize the risks
Crypto payments solutions firm Ramp raises $53 million to increase adoption of dApps
15.12.2021
"There is so much potential in unlocking cryptocurrency and digital assets beyond today’s narrow and restrictive use cases," said Szymon Sypniewicz, Ramp co-founder and CEO
Thailand Doesn’t Prohibit Crypto Use for Payments but Warns of Price Fluctuation
12.12.2021
Bank of Thailand’s officials say that using cryptocurrency as a means of payment is not illegal. However, they added that users “must be able to accept the risks,” including price fluctuation. Using Crypto to Pay for Goods and Services Is Not Illegal in Thailand Sakkapop...
Florida Governor Ron DeSantis Proposes Creating a Cryptocurrency Payment System for State Fees
11.12.2021
The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests...