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US official calls for stablecoin law amid PayPal’s PYUSD launch
Representative Patrick McHenry, the US House Financial Services Committee chair, endorsed PayPal’s stablecoin, PYUSD, as a key pillar for modern payments. The endorsement was given on Aug. 7, shortly after PayPal announced the stablecoin launch in partnership with Paxos. In… дальше »
2023-8-8 12:54 | |
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US Congressman McHenry Praises Stablecoins, Calls Them Vital To 21st-Century Payments
In a notable move that highlights the growing acceptance and potential of stablecoins in modern payment systems, PayPal has announced the launch of its payment stablecoin PYUSD. This development comes shortly after the House Financial Services Committee passed the Clarity for Payment Stablecoins Act, a bipartisan legislation that paves the way for regulated stablecoin issuers, […] дальше »
2023-8-8 06:00 | |
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House Financial Services Committee chair renews call for stablecoin legislation after PayPal’s PYUSD announcement
Representative Patrick McHenry, (R-NC), chair of the U. S. House Financial Services Committee Chairman, endorsed PayPal’s recently-announced stablecoin on Aug. 7. McHenry said in a statement: “[PayPal’s] announcement is a clear signal that stablecoins—if issued under a clear regulatory framework—hold promise as a pillar of our 21st century payments system. дальше »
2023-8-8 04:00 | |
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US FSC Chairman Charts New Course For Crypto, Will It Be Enough?
As the world of digital assets continues to evolve at a staggering pace, lawmakers and regulatory bodies are grappling to keep up. In the United States, these efforts have now culminated in a significant push for regulatory clarity in the burgeoning digital asset ecosystem, which encompasses cryptocurrencies, blockchain development, and stablecoin payments. The Financial Services […] дальше »
2023-7-24 14:00 | |
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Nigerian social payments app shuts down crypto exchange services
The company said it would shut its exchange services as part of the shareholders’ decision to restructure the business to focus on Cashlink. дальше »
2023-7-22 10:04 | |
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Stellar Lumens (XLM) Strongly Correlates with XRP: Here’s the Next Price Target
Stellar Lumens (XLM), a cryptocurrency platform that focuses on remittance and cross-border payments, has been making waves in the crypto market. The platform aims to provide low-cost financial services to people of all income levels, with a particular focus on the Distributed Exchange feature that allows users to liquidate or exchange their funds for other […] The post Stellar Lumens (XLM) Strongly Correlates with XRP: Here’s the Next Price Target appeared first on CaptainAltcoin. дальше »
2023-7-19 11:16 | |
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Bybit’s MVP license in Dubai ‘very restricted,’ CEO says
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services. дальше »
2023-6-27 16:15 | |
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VISA Explores the Potential of Smart Contracts for Payments with Ethereum
Global financial services behemoth VISA recently shared a range of significant milestones in its ongoing pursuit of digital asset payments and seamless crypto onboarding. In a blog titled “Rethinking Digital Transactions with Account Abstraction” earlier this week, the firm disclosed it is now exploring how gas fees can be redesigned using Account Abstraction on the […] дальше »
2023-5-27 19:58 | |
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Crypto fintech Unbanked shuts down amid US regulatory hurdle
Unbanked, a crypto fintech firm specializing in crypto custody and payments services, has made the difficult decision to close its operations, citing a harsh regulatory environment for cryptocurrencies in the United States. дальше »
2023-5-26 11:28 | |
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Liechtenstein Considers Enabling Bitcoin Payments for Government Services
Coinspeaker Liechtenstein Considers Enabling Bitcoin Payments for Government Services Among the possible uses of Bitcoin, we should mention enabling citizens to make deposits in Bitcoin and immediately exchange them for the national currency of Liechtenstein – the Swiss franc. дальше »
2023-5-8 11:13 | |
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Stablecoin Regulations Inch Closer in the UK and U.S.
The Bank of England and the US House Financial Services Committee are considering new rules and regulations for stablecoins. Stablecoins offer the possibility of greater efficiency and functionality in payments, but currently sit outside a regulated framework. дальше »
2023-4-26 03:01 | |
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Hawex — your navigator in financial flows
Financial management and cash flow control are integral to running any business, regardless of your niche. Hawex is a fintech company that provides businesses with a full range of financial services and payment methods for convenient work with assets and payments. дальше »
2023-4-26 22:16 | |
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Singapore to issue new guidance for banks on vetting crypto clients: Bloomberg
Singapore authorities are working with banks on new guidance for vetting crypto clients. The guidance will cover stablecoins, nonfungible tokens (NFTs) and firms providing services in payments, trading and transfers of these assets. дальше »
2023-4-6 11:44 | |
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Burger King Paris accepts Bitcoin and crypto payments
Burger King, the popular international fast food chain, has introduced Instpower power bank rental machines that accept cryptocurrency payments at its locations in Paris. The machines are connected to Alchemy Pay and Binance Pay, two crypto payment services. дальше »
2023-3-27 12:42 | |
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CryptoCloud: Cryptocurrency Payment Gateway for Business Owners
Each year, crypto payments become more and more popular. In this article, you will learn how to connect cryptocurrency payments to your website using CryptoCloud. Cryptocurrency processing solutions are used by online services, e-commerce stores, online schools, gaming services, and projects that are considered high-risk by banks, leading to service denials. дальше »
2023-3-24 18:14 | |
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Silvergate Halts Crypto Payments After Suffering $1 Billion Loss
Silvergate Capital has pulled the plug on its Silvergate Exchange Network (SEN) after the bank specializing in digital assets voiced questions about its viability. SEN, the bank’s platform for crypto payments, is one of its most popular services. дальше »
2023-3-6 09:29 | |
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Brazil’s largest public bank Banco do Brasil enables tax payments using crypto
According to a recent statement, Banco do Brasil (BB), Brazil’s largest public bank, has enabled tax payments with cryptocurrencies. The services will however be only available via Bitfy, a specialized blockchain solutions startup in which Banco do Brasil has invested. дальше »
2023-2-16 18:59 | |
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Twitter: Elon Musk reportedly plans to build crypto functionality to payments service
Elon Musk's Twitter plans on bringing payment services that could add support to crypto Dogecoin registered a rise in its value following the report Dogecoin (DOGE), Elon Musk's go-t0 cryptoThe post Twitter: Elon Musk reportedly plans to build crypto functionality to payments service appeared first on AMBCrypto. дальше »
2023-1-30 20:52 | |
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Protecting Your Crypto Assets: The Importance of Private Keys
Cryptocurrencies offer a world of opportunities. Quick and easy payments, innovative financial services, and inclusivity to previously unbanked regions in the world are all made possible by the crypto ecosystem. дальше »
2023-1-5 16:06 | |
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X-eleven’s Fintech for the Post-Fiat Era is Conquering the Market
The digitalization of financial services and payments leads to people losing control over their money. Unfortunately, it is impossible to solve this problem within the fiat system. That is why the world needs new, innovative financial services that work without fiat. дальше »
2022-12-6 20:45 | |
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Stripe Payments Firm Announces Fiat-to-Crypto On-Ramp
Payments giants such as Stripe are still keen on crypto despite this year’s brutal bear market. The company has just announced services to allow companies to turn cash into crypto. The post Stripe Payments Firm Announces Fiat-to-Crypto On-Ramp appeared first on BeInCrypto. дальше »
2022-12-2 09:12 | |
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Brazil’s Congress Passes Bill Legalizing Bitcoin, Ether Payments
Brazil’s lower house of Congress has finally passed the long-awaited crypto bill legalizing crypto payments in the country and enabling banks to start offering services in the sector. дальше »2022-12-2 01:12 | |
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Bakkt: a web3 platform helping banks provide crypto services
Bakkt is a web 3.0 infrastructure designed with a large number of solutions to help banks deliver crypto services. The network builds on helping financial institutions and companies unlock the power of cryptocurrency in payments, loyalty rewards, etc. What is… дальше »
2022-11-10 02:00 | |
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Singapore Financial Regulator Seeks Stakeholder Input On Proposals For Digital Payments
On October 26, 2022, the Monetary Authority of Singapore (MAS) released two consultation papers namely, the Proposed Regulatory Measures for Digital Payment Token Services and the Proposed Regulatory Approach for Stablecoin-Related Activities. дальше »
2022-10-28 21:35 | |
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UK Lawmakers Vote to Recognize Crypto as Regulated Financial Instruments
The lower house of the parliament voted in favor of adding crypto assets to the scope of activities to be regulated via the proposed Financial Services and Markets Bill – which already seeks to extend payments rules to stablecoins. дальше »
2022-10-26 18:31 | |
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MasterCard, Paxos collaborate to aid banks in offering crypto-trading services
Payments giant MasterCard is set to launch a new program in collaboration with crypto-exchange Paxos. This new venture will aid financial institutions in offering crypto-trading services to their clieThe post MasterCard, Paxos collaborate to aid banks in offering crypto-trading services appeared first on AMBCrypto. дальше »
2022-10-18 04:00 | |
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Google Strikes Deal With Coinbase For Taking Payments In Crypto, Uniglo.io Suitable For Using In Payment Systems
In a move described as ‘precedent setting’ for other crypto-native companies, Google engaged in a partnership with crypto exchange Coinbase to facilitate payments of its cloud services via cryptocurrencies. дальше »
2022-10-16 19:07 | |
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Blockchain.com Wins Singapore License
Blockchain.com has received approval to offer payments services from Singapore's central bank, it announced according to a report. The development makes Blockchain.com the second crypto exchange after Coinbase to announce it had won a licence in Singapore in two days. дальше »
2022-10-12 15:59 | |
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Google Makes U-Turn in Blockchain Adoption: From Blocking Ads to Accepting Crypto Payments
Coinbase's Commerce product will enable specific Google Cloud customers to pay for cloud services using several cryptocurrencies. The post Google Makes U-Turn in Blockchain Adoption: From Blocking Ads to Accepting Crypto Payments appeared first on BeInCrypto. дальше »
2022-10-11 20:30 | |
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Google to integrate crypto payments with cloud services from 2023 via Coinbase partnership
Leading tech giant Google is set to integrate crypto payments into its cloud services following a new partnership with crypto exchange Coinbase. The post Google to integrate crypto payments with cloud services from 2023 via Coinbase partnership appeared first on CryptoSlate. дальше »
2022-10-11 16:55 | |
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GAO: Crypto ATMs must be regulated to fight illegal cyber activities
Government Accountability Office (GAO), the government unit that audits and provides investigative services for Congress, attributes the proliferation of illegal cyber activities via the use of crypto payments to crypto kiosks (crypto ATMs). дальше »
2022-10-10 17:43 | |
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