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Tether and Uquid Partner for Social Security Payments in the Philippines
1.7.2024
The largest stablecoin issuer, Tether, has announced a collaboration with Uquid, a Web3 e-commerce platform. This partnership enables residents of the Philippines to pay their Social Security System (SSS) contributions using the stablecoin issued on The Open Network (TON). Additionally, Uquid...
Philippines adopts Tether’s USDT for social security payments
1.7.2024
The Social Security System is a state-run social insurance program that serves employees in the official, informal, and private sectors
Julian Assange Bitcoin donation shows how crypto can support transparency
28.6.2024
The Bitcoin community came to Julian Assange’s aid, helping ensure the WikiLeaks founders’ safe and debt-free return to Australia
US Lawmaker Pushes Bill to Allow Bitcoin Payments for Federal Income Taxes, Citing El Salvador’s Success
26.6.2024
U.S. Congressman Matt Gaetz has introduced a bill to allow federal income taxes to be paid with bitcoin. Inspired by El Salvador’s success with the cryptocurrency, the lawmaker believes this move will modernize the U.S. tax system, promote innovation, and maintain America’s...
UAE regulations may ban crypto payments, warns lawyer
26.6.2024
UAE lawyer Irina Heaver told Cointelegraph that the policy shift could signal a “less favorable environment” for crypto in the UAE
Bitcoin Payments App Strike Enters UK as Global Expansion Rolls Out
25.6.2024
The payments firm now operates in over 100 countries and territories globally
Transak and Privado ID Announce Partnership to Enhance Decentralized KYC Procedures
24.6.2024
Crypto payments gateway solution Transak has teamed up with Privado ID to launch a new “Reusable KYC” service aimed at improving the decentralized identity verification process. This collaboration introduces a novel method that promises to maintain user privacy without compromising...
Mt. Gox to Begin Bitcoin & $BCH Rehabilitation Payments in July
24.6.2024
The defunct Bitcoin exchange Mt. Gox’s Rehabilitation Trustee, Nobuaki Kobayashi, announced today that they will begin paying their creditors in Bitcoin and Bitcoin Cash starting in July. This decision is part of a plan to compensate creditors who faced setbacks when the exchange shut down in 2014....
Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait
24.6.2024
On Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After Ten Years, Mt Gox Trustee Announces July Start...
WSPD & DigiFT team up for innovative Web3 payments
18.6.2024
DigiFT has recently signed a remarkable partnership with WSPN, a globally recognized company in the digital payment business. This is the world’s first regulated exchange that is exclusively involved in the trade of real-world assets that are registered on blockchain technology, which is commonly...
CBDC Interest Climbs Steadily Over Five Years, Google Trends Data Shows
15.6.2024
Google Trends data reveals a consistent increase in search interest for “CBDC,” which stands for central bank digital currency, over the past five years. The term has maintained a score above 20 since August 2022, on a scale of 1 to 100, where 100 signifies peak interest. CBDCs...
BIS Survey: 94% of Central Banks Exploring Digital Currency
15.6.2024
The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs). There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors...
South African Retailer Accepting BTC Sees Significant Increase in Monthly Crypto Transactions
14.6.2024
The South African retail giant, Pick n Pay, has reported a significant increase in the value of monthly cryptocurrency payments, rising from approximately $1,350 to $54,000. The regions of Gauteng, KwaZulu-Natal, and the Western Cape in South Africa account for the lion’s share of Pick...
Former Coinbase Business Developer: ‘There Wasn’t a Long-Term Case for Bitcoin Payments’
12.6.2024
Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually lost its relevance in the market. Tomaino detailed that Coinbase rode this premise back in 2014 to raise $125 million in two funding rounds, but it was quickly clear...
Bitcoin is no ‘silver bullet’ for money’s ethical problems
10.6.2024
Both Bitcoin and fiat currency are often in the firing line over ethical concerns, with a dedicated group of defenders and critics
China’s largest payments app debuts AI feature that checks if you’re balding
9.6.2024
Eat your heart out Elon Musk and X.com, China’s Alipay is the real ‘everything app.’
Peru adopts India's UPI system to boost financial inclusion
7.6.2024
The Indian instant payment system is gradually making its way around the world. Soc India and Peru collaborate on payments
Binance reinstates crypto buys with Visa, Mastercard payments
6.6.2024
Binance has resumed allowing crypto purchases using Visa and Mastercard for its exchange users. Does this signal the end of Binance’s regulatory troubles?
Ripple partners with Clear Junction to improve cross-border payments
6.6.2024
Ripple has announced a partnership with Clear Junction. The objective is to enhance cross-border payments in the UK and the European Union. It will initially facilitate transactions backed by EUR and GBP. The partnership plans to list more currencies in the coming years. Both partners bring...
Binance Resumes Mastercard Payments for Crypto
6.6.2024
As well as Mastercard payments, the Binance-branded Visa card, which was also switched off last year, has restarted functionality on the exchange