2023-8-17 16:14 |
Companies such as PayPal are already halting their crypto payments services in the country as a result of tighter regulations.
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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…
2023-8-8 12:54 | |
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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, […]
2023-8-8 06:00 | |
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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.
2023-8-8 04:00 | |
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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 […]
2023-7-24 14:00 | |
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The company said it would shut its exchange services as part of the shareholders’ decision to restructure the business to focus on Cashlink.
2023-7-22 10:04 | |
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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.
2023-7-19 11:16 | |
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Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
2023-6-27 16:15 | |
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The move is a “culmination of over two years of effort,” according to Strike CEO and cofounder Jack Mallers.
2023-6-10 21:18 | |
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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 […]
2023-5-27 19:58 | |
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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.
2023-5-26 11:28 | |
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The company is encouraging users to withdraw their funds and to save transaction statements before the app’s closure.
2023-5-25 20:36 | |
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Prime Minister Daniel Risch of Liechtenstein told local papers that Bitcoin is set to play a growing role in government services payments.
2023-5-9 16:03 | |
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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.
2023-5-8 11:13 | |
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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.
2023-4-26 03:01 | |
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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.
2023-4-26 22:16 | |
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The Danish startup founded by former Chainalysis staff helps crypto companies find banking services by connecting them to IBAN infrastructure.
2023-4-20 00:54 | |
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Five experts will testify at a hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” with two of them releasing their scripts in advance.
2023-4-19 00:29 | |
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The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.”
2023-4-17 10:30 | |
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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.
2023-4-6 11:44 | |
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Burger King has placed popular Instpower power bank rental machines in Paris, which take crypto payments handled by cryptocurrency payment services Alchemy Pay and Binance Pay.
2023-3-27 17:31 | |
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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.
2023-3-27 12:42 | |
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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.
2023-3-24 18:14 | |
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fewStones will diversify its payment solutions after announcing it will now accept payments in cryptocurrency for video production, animation, and photography services.
2023-3-9 22:13 | |
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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.
2023-3-6 09:29 | |
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The free zone for virtual asset firms in the Ras Al Khaimah emirate aims to foster regulated and non-regulated activities.
2023-3-3 12:44 | |
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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.
2023-2-16 18:59 | |
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2023-2-2 00:41 | |
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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.
2023-1-30 20:52 | |
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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.
2023-1-5 16:06 | |
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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.
2022-12-6 20:45 | |
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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.
2022-12-2 09:12 | |
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2022-12-2 01:12 | |
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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…
2022-11-10 02:00 | |
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Circle received an in-principle license as a major payments institution in Singapore, allowing it to offer cross-border and domestic payment services.
2022-11-2 05:00 | |
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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.
2022-10-28 21:35 | |
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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.
2022-10-26 18:31 | |
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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.
2022-10-18 04:00 | |
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The payments giant had earlier started a services to assess the risk profile of crypto exchanges.
2022-10-17 14:23 | |
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The payments giant had earlier started a services to assess the risk profile of crypto exchanges.
2022-10-18 14:23 | |
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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.
2022-10-16 19:07 | |
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Crypto banking and payments platform BVNK has won registration has a virtual asset services provider (VASP) in Spain.
2022-10-13 11:00 | |
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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.
2022-10-12 15:59 | |
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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.
2022-10-11 20:30 | |
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2022-10-12 20:20 | |
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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.
2022-10-11 16:55 | |
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Google will start accepting bitcoin and cryptocurrency payments for its cloud services in a partnership with U.S. exchange Coinbase.
2022-10-12 16:22 | |
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Google will start accepting crypto payments for cloud services early next year, according to a CNBC report.
2022-10-12 15:18 | |
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Google says that early next year, users will be able to pay for cloud services using cryptocurrencies like Bitcoin and Ether via Coinbase.
2022-10-12 15:12 | |
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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).
2022-10-10 17:43 | |
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Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed.
"The use of memes in promotions is particularly prevalent in the crypto-asset sector," the FCA's guidance said.
BNXA UK VASP is the first firm to land on the Financial Conduct Authority's crypto register this year.
The United Kingdom’s financial regulator has endorsed a blueprint model designed to facilitate the tokenization of funds for asset management firms.
Those approving ads for other crypto companies are already facing regulatory scrutiny – and will soon need new permissions to continue.
Nexo is joining Bybit and Paypal in withdrawing some services from the U.K. in response to incoming promotion rules.
Crypto firms marketing their assets to UK consumers have received a stern warning in a missive dated September 21 from the United Kingdom’s Financial Conduct Authority (FCA), responsible for overseeing the nation’s financial markets.