Search
Private Payment System for Central Bank Digital Currency Possible, Says ECB
17.12.2019
New research from the European central bank claims that a central bank digital currency system that protects user privacy is possible
ArcelorMittal Triggers Rs 42,000 cr Payment for Acquisition of Essar Steel
14.12.2019
ArcelorMittal, the world-renowned steel giant, has started payment disbursement for the strategic acquisition of Essar Steel for a total amount of Rs. 42,000 crores, revealed the sources on December 13, 2019. Earlier in November this year, the Supreme Court of India gave its nod to the...
Lightning Network Wiki Page Faces Removal for Lack of Notability
13.12.2019
A slew of Wikipedia editors would like to delete the Lightning Network (LN) Wiki page because the subject matter does not hold notability. Wikipedia editors use notability as a test to find out if a topic warrants its own article. The LN article debate on Wikipedia is still raging as a few editors...
Stablecoin Startup Terra Expands to Mongolia With Taxi Payment Service
13.12.2019
Terra is partnering with a Mongolian taxi company to let residents pay for rides using a stablecoin
Binance Adds 167 Fiat Payment Options Through Integration With P2P Exchange Paxful
12.12.2019
Binance has teamed up with peer-to-peer bitcoin exchange Paxful to enable users to purchase bitcoin with 167 fiat currencies
CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto
11.12.2019
On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but...
New Blockchain-based Vajra Platform Announced by NPCI: A Move Towards Improving Payment Systems
10.12.2019
Blockchain has been creating quite a stir across all sectors of industries in India since its inception. Based on the number of patents in the blockchain space, India stands 6th on the list. As such, blockchain is still in its budding stage, but Bitcoin has become quite popular in the Indian...
Buy Presents or a Christmas Trip Using Gift Cards Purchased With Crypto
8.12.2019
Gift cards have become a popular payment tool for cryptocurrency users. Plenty of platforms now offer a wide variety of cards which can be purchased with your digital coins. You can use them to buy just about any product or service from major and small retailers, order food and drinks, or book...
The Future of Money and the Payment System
5.12.2019
Source: a video screenshot, YouTube, Bloomberg Markets and Finance
This is a lecture by Agustín Carstens, General Manager of the Bank for International Settlements, held at Princeton University, Princeton, New Jersey, USA, on December 5, 2019.
Main highlights:
(Read the whole text...
Russia Reportedly Considers Ban on Using Crypto as Means of Payment
29.11.2019
Sources have claimed Russia is considering the introduction of a ban on the use of crypto to pay for goods and services
Cardano’s Payment Gateway for Merchants Is Now Live
29.11.2019
The Cardano Foundation launches ADA payment gateway, allowing merchants to accept payments in ADA with settlement in 35 fiat currencies
Decentralized Payment Firm Radpay Raises $1.2M in Seed Round
18.11.2019
Radpay has secured $1.2 million in a seed round, with the participation of investment firms Resiliency Ventures and BlackLaunch
Bitcoin Traders Are Finding Creative Ways to Avoid KYC
17.11.2019
Cryptocurrency traders on Bisq are using Revolut to buy and sell bitcoin without the need for KYC/AML. The decentralized, peer-to-peer marketplace allows anyone to buy or sell cryptocurrency via a range of payment processors and traditional banking services. With Localbitcoins now a twisted...
BRICS Nations Consider Idea of a Unified Payment System
15.11.2019
BRICS association, which includes five significant national economies namely Brazil, Russia, India, China, and South Africa, has recently held its 11th summit on November 13–14 in Brazil. The annual summits of BRICS nations largely emphasize on subjects like science, climate change, technology...
BRICS Nations Discuss Creation of New Crypto For Unified Payment System
15.11.2019
BRICS member nations discussed the creation of new crypto at recent summit
Pornhub Suggests Crypto Payments After Paypal Censors Model Payouts
14.11.2019
On November 14, the leading adult video sharing site on the internet, Pornhub, revealed that payment processor Paypal has blocked the company’s live performer payouts. In a blog post written on Thursday, Pornhub recommended alternative payments like writing a check or using the digital...
Walmart Canada Rolls Out Blockchain-Based Freight and Payment System
14.11.2019
Walmart Canada has launched an automated blockchain-based network for freight tracking and payments management
Dallas Mavericks CTO: Crypto Payment Option Still ‘A Cottage Industry’
14.11.2019
The CTO of the Dallas Mavericks NBA basketball team said that the complicated nature of crypto is partly responsible for the low number of fans using the crypto payment option
US-based Payment Processor PayPal Ceases Pornhub Model Payouts
14.11.2019
Taking pride in being one of the world’s biggest online payments system, PayPal recently shocked the financial space through its announcement of halting processing of payments of all Pornhub models via its network. The critical news came as an unpleasant surprise for many as the Pornhub industry...
Patrick Ngan Teases Asia’s First Unified Crypto-Fiat Payment System
14.11.2019
The bridge between fiat and crypto is getting stronger