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Romanian central bank approves blockchain firm Elrond to buy Twispay
10.3.2022
Elrond's main goal is to implement Twispay's e-money license for issuing stablecoins that can be used in the European Union
Federal Reserve Collaborates with Cyppherium for Instant Payment Service
10.3.2022
The Federal Reserve in the US officially launched the first-ever FedNow Service Provider Showcase on Tuesday that aims to offer financial users and institutions a wide variety of financial services to implement FedNow that will be launched in 2023. After the launch, the FedNow showcase will...
African Crypto Startup, Basqet Launches Payment Gateway to Enable Businesses Accept Bitcoin – Goes Live With 118 Businesses and $1.3 Million in Transaction Volume
10.3.2022
PRESS RELEASE. Recently, blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurrencies as payment. Basqet said it is launching a public beta and will be going live with 118 businesses already...
Web3 platform integrates social commerce app into Circle's payment infrastructure
9.3.2022
The platform was founded in 2018 by musical icon John Legend, alongside a number of Silicon Valley technology entrepreneurs
Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions
8.3.2022
A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one of the options being explored by the tourism industry as Russian citizens now face...
Binance Fully Resumes EUR and GBP Deposits and Withdrawals via SEPA, Faster Payments
8.3.2022
Cryptocurrency exchange Binance has fully resumed EUR and GBP deposits and withdrawals via the SEPA payment network and Faster Payments Services (FPS). Binance is also offering all verified users zero fees for depositing EUR via SEPA and GBP via FPS to “celebrate the return of SEPA...
Global council adds DeFi banking firm Scallop to help secure payment data
7.3.2022
Scallop will help create awareness and drive the adoption of the PCI Security Standards
Visa and Mastercard Suspend Operations in Russia as Part of Sanctions Over Ukraine
7.3.2022
The world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation although Russians will be able to use their cards inside the country....
Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia
6.3.2022
A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech companies have been limiting operations in the Russian Federation also in response...
Ukraine Crypto Donations: Government Now Accepts Over 70 Crypto Assets
6.3.2022
Crypto payment processor Coingate and International Business Settlement (IBS) have started an arrangement with the National Bank of Ukraine (NBU) that enables well-wishers to send donations to Ukraine via more than 70 different crypto assets. Calls for Widening List of Accepted Crypto Donations...
Fast-Food Chain Shake Shack Trials Bitcoin Rewards for Customers Using Cash App
5.3.2022
The American fast-food restaurant chain Shake Shack is giving bitcoin rewards to customers leveraging Cash App’s debit card payment rail, Cash Card. According to Shake Shack, participants will get 15% of their purchase back in the form of bitcoin, and the crypto promotion will last until...
Crypto’s Sanction-Slipping Power: Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset
4.3.2022
Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing...
Malaysia’s Deputy Finance Minister: Crypto Not Suitable as Means of Payment or Store of Value
4.3.2022
Malaysia’s deputy finance minister says that cryptocurrencies, such as bitcoin and ethereum, are not suitable as a means of payment or a store of value. While digital assets are not recognized as legal tender in Malaysia, the finance ministry official said that they are an asset class that...
Venezuela Might Be Affected by Russian Banks’ SWIFT Suspension
2.3.2022
Analysts from Venezuela have expressed their worries about the expulsion of a number of Russian banks from SWIFT, an international messaging system that allows the interconnection of banks. These measures could affect the finances not only of Venezuela, but also of other countries in the region...
Payment services provider Shift4 acquires The Giving Block for $54 million
1.3.2022
Shift4 has more than 425 software integrations and over 200,000 merchant customers
Shift4 Buys Crypto Donation Firm The Giving Block for Up to $300M
1.3.2022
The deal is for an up-front payment of $54 million and potential payment of up to $246 million
Avalanche blockchain now accessible to 4.5M users across Wirex payment ecosystem
28.2.2022
Users can spend AVAX, in addition to 61 crypto and traditional currencies on Wirex once linked up to a crypto-enabled debit card
eBay to add crypto payment options soon, says CEO
28.2.2022
The e-commerce giant aims to become the marketplace for Millennials and Gen Z, and given their rising interests in crypto, add new payment options to lure in the customer base
Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%
26.2.2022
Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue increased 119% while gross profit rose 124%. Cash App’s...
Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments
24.2.2022
The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a continuous and programmable cash stream protocol on the Solana blockchain. Zebec says the company aims to be the “payment solution for DAOs, crypto...