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Blockchain․com Obtains Payment License in Singapore
9.8.2023
Crypto company Blockchain․com has been granted a payment license in Singapore that will enable it to provide regulated services for digital assets. The authorization in the city-state, which is a major trading hub for the platform, is part of its efforts to comply with local regulations in...
Japanese startup to use stablecoins and CBDC to link Asian countries
8.8.2023
Soramitsu is developing a cross-border payment system that uses Cambodia’s CBDCs and targets Japan, India, China and Southeast Asia
Circle Makes Crypto Payments Easier With New Programmable Web3 Wallet for Businesses
8.8.2023
Circle’s Programmable Wallets platform is available now for developers on Ethereum, Avalanche and Polygon, with plans to expand to other blockchain later this year
US Representative Patrick McHenry: Stablecoins ‘Hold Promise as a Pillar of Our 21st-Century Payments System’
8.8.2023
Representative Patrick McHenry, chairman of the House Financial Services Committee, weighed in positively on the launch of PYUSD, a dollar-pegged stablecoin issued by Paypal, a U.S.-based payments company. McHenry stated that if properly regulated, stablecoins “hold promise as a pillar of...
Paypal USD: Boon for Ethereum but not decentralization, says community
8.8.2023
Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC
Blockchain.com scores payment license from Singapore central bank
8.8.2023
The crypto exchange is the 12th to receive a crypto-dealing license in the country allowing it to service accredited investors and institutions
Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD
7.8.2023
Paypal has introduced its own stablecoin, representing the first venture of its kind by a leading financial firm. Initially reported by Bloomberg, the launch could notably accelerate the slow integration of cryptocurrencies for payment purposes. A New Era for Paypal: Introduction of PYUSD...
PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum
7.8.2023
The PayPal USD will be pegged to U.S. dollars and issued by Paxos Trust
Coinbase Looking to Add Lightning Network Support
4.8.2023
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, is moving to add support for Lightning Network on its trading platform. Brian Armstrong, CEO of Coinbase, confirmed that the exchange was looking into the best ways to achieve this task, reaffirming his support for bitcoin payments....
The 16th NextGen Payments and RegTech: An influential gathering of future-focused finance enthusiasts
3.8.2023
The 16th NextGen Payments and RegTech Forum is a premier event that brings together top decision-makers from the Payments and RegTech community. Attendees can expect to gain valuable insights and ideas on navigating the evolving technology advancements, regulatory changes, and customer empowerment....
15th NextGen Payments & RegTech: The ultimate meeting point for payments & RegTech leaders
3.8.2023
The 15th NextGen Payments & RegTech Forum is a highly anticipated event bringing together global leaders, innovators, and thought leaders in the payments and regulatory space. With emerging technologies and changing business expectations, this forum explores how organizations can modernize...
14th NextGen Payments & RegTech: The ultimate meeting point for leaders in payments & RegTech
3.8.2023
The 14th NextGen Payments & RegTech Forum brings together Europe’s top Payments and RegTech experts to discuss the latest payments trends, RegTech developments, updated regulations, and the newest technologies. Banks, Fintechs, eCommerce, Merchants, and Government leaders gather to share...
Litecoin halving completes as LTC sees increased payments adoption
2.8.2023
Litecoin block rewards have now halved to 6.25 LTC as the halving clock is reset for another four years
Coinbase to Add Bitcoin's Lightning Network for Payments in Response to Jack Dorsey’s Tweet
2.8.2023
Crypto exchange Coinbase’s CEO Brian Armstrong and former head of Twitter – now X – Jack Dorsey, highlighted the potential and future of Bitcoin’s Layer 2 (L2) payment protocol, the Lightning Network.
In response to Dorsey’s Tweet, Armstong said Wednesday that Coinbase is looking into best ways...
Bitcoin Lightning on Coinbase agenda, Brian Armstrong tells Jack Dorsey
2.8.2023
Armstrong confirmed that Coinbase was looking into adding support for Bitcoin Lightning while reassuring his support for Bitcoin payments
Coinbase Looks to Add Bitcoin Lightning for Payments
2.8.2023
The move is part of the exchange's broader plan to improve cryptocurrency-based payments globally
Lightspark CEO David Marcus States Building on Bitcoin’s Lightning Network Is ‘Incredibly Complex and Hard’
1.8.2023
David Marcus, CEO of Lightspark, a company that builds business-grade solutions to facilitate payments on top of the Lightning Network, shared his experience in developing on top of the Bitcoin scaling layer. Marcus stated that it is “incredibly complex and hard to build software around this...
Australian Lender Bendigo Bank Blocks “High-Risk” Crypto Payments
31.7.2023
Bendigo Bank, an Australian financial institution, has announced new rules targeting “high-risk” instant payments to crypto exchanges.
Announced Monday, the bank has blocked crypto transactions in a move to further enhance protection for the customers from fraud and financial crimes, Bendigo noted...
Australia's Bendigo Bank blocks high-risk payments to crypto exchanges
31.7.2023
Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges
Latam Insights — Argentina to Complete IMF Payment With Chinese Yuan, Bolivia Also Using China’s Currency for International Settlements
31.7.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Argentina is likely to settle part of a payment to the International Monetary Fund (IMF) using the Chinese yuan, Bolivia is already making payments using...