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Chase Bans Crypto-Linked Payments for U.K. Clients Starting October 16


Chase, a digital bank owned by JPMorgan, is set to ban crypto-linked payments through debit cards or outgoing bank transfers for its UK clients starting on October 16, as conveyed in an email sent to customers. The email noted: "If we think you're making a payment related to crypto assets, we'll...

The utility of Bitcoin: where your wallet can be used for payments


In recent years, Bitcoin has established itself as a revolutionary financial technology that has drastically altered people’s understanding of currency and commerce. First designed as a decentralized digital form of money, Bitcoin has advanced considerably beyond its initial purpose....

Almost 490,000 Vendors in China’s Changsha Accept Digital Yuan Payments


Nearly 490,000 vendors in China’s Changsha now accept digital yuan payments, the city’s government has claimed as the nation’s CBDC pilot continues. Per the Changsha Evening News (via Huasheng Online), this year has seen Changsha expand its digital yuan use-case scenarios “into key areas such...

How businesses can accept payments in crypto?


With the dynamic shift in the global economy, businesses everywhere are exploring how to accept Bitcoin payments. With a surge in companies integrating crypto payment processing systems, notably in the US, the world is witnessing a meteoric rise in the acceptance of such payment forms. This...

MobileCoin Appoints New CEO for Global Expansion of Crypto Payments


MobileCoin, a privacy-focused payments network and the builder of Signal's crypto payments feature, has moved its chief technology officer, Sara Drakeley, into the chief executive officer position.  According to the press release, Drakeley's appointment emphasizes the company's plans to "amplify...

Paypal Offers More Crypto Payment Options for Web3 Merchants in US


Payment processor Paypal announced it’s introducing on- and off-ramps to facilitate crypto payments for Web3 platforms. Once integrated, merchants in the sector will be able to employ them to expand their user base by connecting to Paypal’s payments system. Paypal Launches On-...

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