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Mastercard’s Latest Crypto Loyalty Scheme Aims to Plug Google Pay Gaps
20.2.2024
Mastercard is working with emerging markets-focused mobile payments app Swoo Pay to offer loyalty rewards in cryptocurrency
Indian National Payments Corporation Exec Optimistic on RBI’s CBDC Efforts
20.2.2024
Dilip Asbe said the Reserve Bank of India’s new central bank digital currency (CBDC) plans could drive the next fintech wave.
The post Indian National Payments Corporation Exec Optimistic on RBI’s CBDC Efforts appeared first on Cryptonews
Crypto in Russia: More People Using Tokens for Payments, Claims Academic
20.2.2024
More people are using crypto in Russia than ever before, a leading Moscow-based academic has claimed.
The post Crypto in Russia: More People Using Tokens for Payments, Claims Academic appeared first on Cryptonews
Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody Wallets
20.2.2024
Coinbase Commerce, the cryptocurrency payments solution of U.S.-based exchange Coinbase, has removed support for bitcoin payments using self-custody wallets. Brian Armstrong, CEO of the exchange, clarified it maintains support for payments from UTXO-based chains from Coinbase accounts. However...
Taproot Wizards Reveal Bitcoin’s Onchain Payment Struggles During $15M Sale
19.2.2024
Sending bitcoin onchain remains a poor payment experience despite the hype surrounding the leading crypto asset, according to Taproot Wizards founder Udi Wertheimer. In a recent post-mortem of a high-volume sale using bitcoin, Wertheimer detailed several pain points with onchain payments including...
Bitcoin Price Prediction: Surge to $52,250 Amid Coinbase Shift & VC Funding Boost; BTC to Target $55,000?
19.2.2024
In the During the Asian session, Bitcoin is trading near $52,250, marking a modest increase of approximately 0.50% on Monday, the cryptocurrency landscape is undergoing significant shifts. Notably, Coinbase’s recent decision to halt native Bitcoin payments for merchants, opting instead for...
Ripple speed in cross-border payments: Impact on international transfers
16.2.2024
Cross-border payments facilitate global commerce, linking businesses and individuals worldwide. However, traditional international money transfers using slow correspondent banking networks can take days to settle. This gridlock sparked fintech innovations like Ripple, aiming to optimize global...
Solana Mobile Processed Over $20 Million in Payments Using USDC With No Processing Fees
15.2.2024
Solana Mobile, Solana Labs’ smartphone subsidiary, processed over $20 million in payments in alliance with Shopify and USDC, the second-largest dollar-pegged stablecoin. Anatoly Yakovenko, a co-founder of Solana Labs, explained that 51% of Chapter 2’s payments were completed using USDC...
RockWallet Absorbs Crypto Payments Firm Wyre’s User Base in Post-Shutdown Move
15.2.2024
Following last year’s closure of crypto checkout gateway Wyre, non-custodial wallet RockWallet is stepping in to acquire its user base. The self-managed crypto wallet acquired the entirety of Wyre’s customer base on Thursday, around eight months after the latter’s shutdown in June 2023....
Binance Payments Partner Banxa Makes Debut on UK Crypto Register
13.2.2024
The Financial Conduct Authority (FCA) added another crypto-focused firm to its famous crypto register on February 9. This time, it’s Banxa (BNXA)—the international fiat-processing payment company. Here’s what you need to know: Banxa UK Gets Greenlight from FCA for Crypto Activities...
Banxa, Payments Partner for Binance and OKX, Lands on UK Crypto Register
13.2.2024
BNXA UK VASP is the first firm to land on the Financial Conduct Authority's crypto register this year
Dogecoin Rallies Following X Payments Activation; Rebel Satoshi Fresh Memecoin Appeals to Investors
11.2.2024
Cryptocurrency markets are excited as Dogecoin experiences yet another rally, fueled by the activation of X Payments. Simultaneously, a new player in the market, Rebel Satoshi, is catching the attention of investors with its fresh take on meme coins. Dogecoin Riding High on X Payments Activation...
Coinbase States Americans Could Have Saved at Least $74 Billion Using Crypto
10.2.2024
Coinbase, a leading U.S. cryptocurrency exchange, claims that Americans could have saved at least $74 million in 2022 by leveraging crypto tech instead of using credit cards as payment options. In its latest State of Crypto report, Coinbase reveals how traditional finance system institutions keep...
Belarus CBDC ‘Will Let Nation Decentralize Cross-border Trade,’ 2026 Rollout Confirmed
8.2.2024
Belarus’ Central Bank thinks its new CBDC will let Minsk “decentralize cross-border trade,” and has earmarked a national rollout for 2026. Per ONT, the National Bank of Belarus (NBB)’s Deputy Head of Research and Strategic Development Mikhail Demidenko, said: “The [goal] is primarily...
Ransomware Payments Hit Record $1 Billion in 2023: Chainalysis
7.2.2024
Criminals made off with a staggering $1 billion in cryptocurrency ransomware payments in 2023, per the latest insights from Chainalysis’ 2024 “Crypto Crime Report.” The report highlights a surge in sophisticated attacks targeting high-profile institutions and critical...
European Markets Org Praises Bank of England On UK Stablecoin Rules
7.2.2024
Today, the Bank of England extended the deadline for citizens to provide feedback on its proposed regulatory regime for UK stablecoins from February 6 to February 12. The central bank’s discussion paper focused on rules for sterling-denominated stablecoins, which it believes are the most likely...
Register now to attend the UK’s largest payments event, Pay360
7.2.2024
The dedicated payments event will welcome over 4,000 attendees across two days Supported by the Department of Business and Trade, the exhibition is free to attend for the entire payment ecosystem. New features for 2024 include a dedicated Deep Dive Room, Disruption Theatre, and Innovation Zone....
Tether Leads Crypto Mobile App Oobit’s $25 Million Series A Funding
5.2.2024
Tether announced today that it led a $25 million Series A funding round for crypto mobile payments app Oobit. Crypto’s biggest stablecoin issuer said the funding will contribute to Oobit’s ongoing development. The mobile app enables users to tap and pay for goods and services with their...
Crypto Payments App Oobit Raises $25M in Series A Funding Round Led by Tether
5.2.2024
The round also included participation from Anatoly Yakovenko, the co-founder of Solana
USDC to Go Native on Celo Blockchain, Eyeing Role as Gas Currency
1.2.2024
The Celo Foundation has partnered with Circle to bring USDC, a leading stablecoin, into its network. This integration not only diversifies Celo’s stablecoin offerings but also positions USDC to become an official gas currency on the blockchain. Celo Embraces USDC for Enhanced Digital Currency...