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National Australia Bank blocks millions in crypto transactions citing scam concerns
National Australia Bank (NAB) blocked over A$270 million (around $184 million) in customer payments that raised scam concerns during the last four months, according to a July 17 statement. NAB blocking payments to ‘high-risk’ cryptocurrency exchanges NAB stated it stopped an undisclosed amount of transactions to crypto platforms where scams were prevalent between March and […] The post National Australia Bank blocks millions in crypto transactions citing scam concerns appeared first on CryptoSlate. дальше »
2023-7-18 22:15 | |
Ripple CLO Optimistic: American Banks Will Adopt XRP For Cross-Border Payments
In a recent interview with CNBC, Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, expressed his optimism about American banks and financial institutions returning to using the XRP token for cross-border transactions. дальше »
2023-7-18 19:00 | |
Get paid by the second as token streaming looks to disrupt global liquidity
Payments could soon be streamed in real-time rather than paid out on a monthly or weekly basis, according to Maxime Desalle, Operations Lead at Sablier, in a recent talk at EthCC. Desalle discussed the concept of “token streaming” from the perspective of Sablier, a company aiming to provide more time-efficient and immediate access to funds. дальше »
2023-7-18 18:45 | |
Australia’s NAB flags crypto exchange payments to curb scams
National Australia Bank (NAB) has blocked suspected fraudulent payments to some centralized crypto exchanges (CEXs) дальше »
2023-7-17 16:34 | |
National Australia bank to block payments to "high-risk" crypto platforms
NAB joined other banks in the country to restrict crypto-related payments. Australians lost $148.3 million from investment scams in 2022 where crypto payment method was used, as per an April reThe post National Australia bank to block payments to "high-risk" crypto platforms appeared first on AMBCrypto. дальше »
2023-7-17 14:15 | |
Bank in Australia blocked transfers to “high-risk” crypto exchanges
The National Bank of Australia (NAB, one of the largest banks in the country) said that over the past few months it has blocked a number of payments to cryptocurrency exchanges with “high risk” in order to protect its customers. дальше »
2023-7-17 14:00 | |
Major Australian Bank Bans Payments to Binance Amid Regulatory Crackdown
While speaking to the Financial Review, NAB's head of fraud, Chris Sheehan, refrained from naming the specific cryptocurrency exchanges being banned, stressing that the initial ban will apply to "several" exchanges and could eventually extend. дальше »
2023-7-17 12:30 | |
Ripple CEO Garlinghouse Takes On SEC, Calls Them A ‘Bully’ In Wake Of XRP Ruling
Ripple CEO Brad Garlinghouse has stated that the recent federal court ruling has confirmed that XRP is “not a security”. The ruling provides the digital payments company with greater flexibility to pursue various business opportunities across the globe. дальше »
2023-7-15 01:00 | |
Ripple’s XRP Ruling a ‘Milestone Win’ for Crypto Industry, Says JMP Securities
A summary judgment partially in favor of payments network Ripple represents a milestone win for the crypto industry and provides legal clarity as to what does and doesn’t represent a security, JMP Securities wrote in a research note Friday. дальше »
2023-7-18 21:13 | |
Ripple’s XRP Ruling a ‘Milestone Win’ for Crypto Industry, Says J.P. Morgan
A summary judgment partially in favor of payments network Ripple represents a milestone win for the crypto industry and provides legal clarity as to what does and doesn’t represent a security, J.P. Morgan wrote in a research note Friday. дальше »
2023-7-15 21:13 | |
Ripple Eyes Tokenized Assets Sector As It Expects Market Cap To Reach $30 Trillion
Ripple is best known for its XRP cryptocurrency and global payments network, but it is now setting its sights on the tokenized assets market. In its 2023 New Value report, the company believes blockchain technology can unlock trillions of dollars of value in the global financial system by tokenizing real-world assets like stocks, bonds, and real estate. дальше »
2023-7-14 22:00 | |
Major Ripple Victory: XRP Pops In Ballistic Rally As Judge Finally Rules It Isn’t A Security
Ripple Labs has scored a major court victory after the federal judge presiding over the American blockchain payments company’s case against the Securities and Exchange Commission ruled that the XRP... дальше »
2023-7-14 20:27 | |
Conflux (CFX) soaring after Bank of China announced SIM Card NFC payments
At press time, Conflux (CFX) token was trading at $0. 1981, up 10% in the last 24 hours. Conflux Network partnered with China Telecom to develop a Blockchain-powered SIM card (BSIM) in May 2023. The Bank of China will start testing of SIM card-linked payments using the digital yuan. дальше »
2023-7-13 21:07 | |
Bank of China trials offline payments for digital yuan via SIM cards
The bank plans to enable users to make phone payments by integrating its digital yuan app with specialized “super SIM cards” with near-field communication capabilities. дальше »
2023-7-12 12:27 | |
Brighter Times Lie Ahead For XRP As Bank Of America Heaps Praises On Ripple’s Cross-Border Payments
In a recent report by Bank of America, the role of Ripple in the payments industry, especially in the Asia-Pacific (APAC) region, has been hailed by the second-largest bank in the United States. дальше »
2023-7-9 00:05 | |
Litecoin Leads Crypto Payment Ahead Of Halving Event: Reason, Implications And What Next?
Litecoin’s recent achievement of becoming the top cryptocurrency for payments on BitPay, the world’s largest crypto payment processor, is a significant milestone for the digital asset. This accomplishment demonstrates Litecoin’s potential as a practical and widely adopted means of conducting transactions in the crypto space. дальше »
2023-7-8 11:30 | |
Litecoin overtakes Bitcoin: Is there a new sheriff in town?
LTC's share of the global payments surged to 34.9% in June, up from 28.78% in May. Riding on the positive sentiment, LTC stormed to a 14-month high earlier in the week. In a massive boost foThe post Litecoin overtakes Bitcoin: Is there a new sheriff in town? appeared first on AMBCrypto. дальше »
2023-7-8 04:30 | |
How Can We Embed Traditional Payments Into Crypto Platforms to Bridge the Gap Between Web2 and Web3?
For Web3 to reach its full potential, fiat and crypto capital need to be more easily and securely interchangeable. Here, Fiat Republic founder Adam Bialy offers his perspective on how to move forward. дальше »
2023-7-8 15:00 | |
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
Citigroup Inc., HSBC, BNY Mellon and other global financial giants have been experimenting with what they call a “regulated liability network” for conducting round-the-clock, wholesale payments using shared ledgers, and a paper released Thursday suggests the system has potential. дальше »
2023-7-7 19:11 | |
Decline in NFT Royalty Payments: What Does It Mean for Creators?
Discover why non-fungible token (NFT) royalty payments have reached a two-year low, impacting creators' earnings. Explore the factors behind the decline. The post Decline in NFT Royalty Payments: What Does It Mean for Creators? appeared first on NFT News Today. дальше »
2023-7-6 05:09 | |
Bank of England taps self-sovereign ID platform Nuggets to develop privacy layer for digital pound
Nuggets, a self-sovereign ID and payments platform, said on July 5 that it is working with the Bank of England on goals related to a “digital pound. ” Specifically, the project is developing a privacy and identity layer that could be used with the UK’s prospective central bank digital currency (CBDC). дальше »
2023-7-6 02:20 | |
Bitwage halts USDC payments for US residents, cites ‘strict regulations’
In an email sent to customers on July 5, crypto payroll company Bitwage announced it would disable payments in USD Coin (USDC) for U. S. residents. Over the past month, financial regulators in the U. дальше »
2023-7-5 20:30 | |
Mercuryo’s Big Time Summit in Cyprus: Revolutionizing the FinTech Industry
The global payments infrastructure platform Mercuryo has announced the launch of Big Time Summit – a FinTech event to be held for the first time in Limassol, Cyprus, on July 7, 2023. The event will be held with the support of Invest Cyprus, Mercuryo’s trusted partner. дальше »
2023-7-5 15:46 | |
Federal Reserve Certifies 57 Organizations For Instant Payments System ‘FedNow’
The United States Federal Reserve has made a significant announcement regarding the certification of 57 organizations, including financial institutions and service providers, for the highly anticipated launch of the FedNow Service. дальше »
2023-7-5 22:00 | |
Jinan Leads the Way: China’s First Cashless Bus Network Accepts Digital Yuan Payments
Jinan, the bustling capital of Shandong Province in China, now accepts payments using the digital yuan and has already been tried on its major bus like the B52 and BRT5. This marks a new dawn for China’s adoption of digital currencies in their economy as Jihan has taken a significant leap forward and embraced digital […] дальше »
2023-7-5 21:30 | |
Jinan pioneers Chinese CBDC use in transportation with digital yuan bus payments
Jinan, the capital of Shandong Province in eastern China, has taken a proactive stance in promoting the use of China's central bank digital currency (CBDC) by initiating digital yuan payments on all of its bus routes. дальше »
2023-7-5 19:18 | |
Gemini's Cameron Winklevoss Tweets $1.5B 'Final Offer' in Debt Talks Over Crypto Firm Genesis
Creditors of the crypto financial firm Genesis call for $1.5 billion of forbearance payments and loans denominated in dollars, bitcoin and ether, according to a term sheet posted on Twitter by the Gemini co-founder. дальше »
2023-7-4 04:59 | |
Mastercard chief digital officer believes tokenization needs TradFi rules to go mainstream
Mastercard believes that blockchain technology can revolutionize payments, but it needs “financially-regulated applications” and “central bank-backed money” to achieve mainstream adoption, according to chief digital officer Jorn Lambert. дальше »
2023-7-3 21:30 | |
Hong Kong exchange to launch unlimited crypto credit card
Hong Kong-based crypto exchange LBank is preparing to introduce what it claims to be the world’s first unlimited cryptocurrency credit card. The upcoming card, available in virtual and physical forms, will allow users to make direct cryptocurrency payments through LBank’s… дальше »
2023-7-3 14:43 | |
LBank launches global first unlimited crypto credit card, breaking boundaries in cryptocurrency payments
LBank, the world-leading cryptocurrency exchange, is soon to launch the world's first unlimited cryptocurrency credit card, aiming to break down the barriers of cryptocurrency payments. The card, avaiThe post LBank launches global first unlimited crypto credit card, breaking boundaries in cryptocurrency payments appeared first on AMBCrypto. дальше »
2023-7-3 09:45 | |
CBDCs Could Enhance Financial Inclusion If Well-designed – IMF
The International Monetary Fund (IMF) Managing director has recognized the role that Central Bank Digital Currencies (CBDCs) could play in increasing financial inclusion and making cross-border payments and remittances cheaper and quicker. дальше »
2023-7-2 22:27 | |
Mastercard unveils multi-token network
Global payments processor Mastercard has launched its Multi-Token Network (MTN) platform, a solution to foster interoperability within the blockchain ecosystem. Raj Dhamodharan, the head of crypto and blockchain at Mastercard, expressed the company’s vision for MTN as a foundational framework… дальше »
2023-6-30 15:35 | |
Binance loses euro banking Paysafe amid global regulatory scrutiny
Paysafe Payment Solutions, Binance’s European banking partner, said it would terminate support for Binance as it deals with regulatory challenges globally. Binance is reportedly searching for a new provider for euro deposits and withdrawals via the Single Euro Payments Area… дальше »
2023-6-29 14:45 | |
Slovakia Parliament approves lowering of crypto taxes
The taxes will be lowered to 7% from the current taxation sliding scale of either 19% or 25%. Also, cryptocurrency payments of up to 2400 euros will not be taxed. Slovakia is one of the 27 member states of the European Union that recently adopted MiCA. дальше »
2023-6-29 14:39 | |
Why Web3 Marketers Are Shifting Focus to Middle East, North Africa
The strategic shift of crypto Web3 marketers towards the MENA region is underpinned by growing digital payments, burgeoning crypto infrastructure, and the advent of Central Bank Digital Currencies (CBDCs), unlocking vast opportunities. дальше »
2023-6-29 21:00 | |