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Ferrari Greenlights Crypto Payments for Supercars – Adoption on the Rise?
15.10.2023
Luxury sports car manufacturer Ferrari has announced the acceptance of cryptocurrency payments for its vehicles in the United States, with plans to extend the offering to Europe in response to customer requests.
The decision comes after electric carmaker Tesla briefly accepted Bitcoin...
Ferrari Starts Accepting Crypto Payments for Luxury Sports Cars
15.10.2023
Ferrari has reportedly begun accepting payment in cryptocurrency. The Italian luxury sports car manufacturer cited requests from both the market and dealers as the primary motivation for this decision. “This will help us connect to people who are not necessarily our clients but might afford...
Ferrari to accept crypto payments in the US
14.10.2023
Ferrari’s decision to accept cryptocurrency payments was driven by market demand and dealer requests, with numerous clients investing in digital currencies
Chinese Firms Used Crypto Payments to Run Fentanyl Network, U.S. Claims in Charges
3.10.2023
The U.S. Department of Justice (DOJ) targeted several Chinese businesses and their employees Tuesday in the latest round of charges tied to production and trafficking of fentanyl – a network that depended on cryptocurrency payments, according to authorities
UK Government Urged to Review Chase Bank’s Policy to Decline Crypto Payments
3.10.2023
Bitcoin Policy UK has urged the British government to review Chase Bank’s policy to decline all crypto payments. “It is, of course, the stated policy of this Government that the U.K. become a crypto asset hub, but it is hard to square this policy aim with the actions of this U.K.-regulated bank,”...
Coinbase CEO Calls on Chase Customers in UK to Close Accounts After the Bank Says It Will Decline Crypto Payments
29.9.2023
Coinbase CEO Brian Armstrong has slammed JPMorgan’s British retail bank, Chase UK, for changing its policy to block all crypto-related payments. Calling the move by Chase “totally inappropriate,” the Coinbase boss said: “UK crypto holders should close their Chase accounts...
Chase UK to Block Crypto Payments Amid Scam Concerns and Regulatory Changes
26.9.2023
JPMorgan Chase & Co.’s U.K. division, Chase UK, is putting the brakes on cryptocurrency-related payments. Come October 16, any Chase UK customers attempting to make a bank transfer or card payment linked to crypto will find themselves thwarted. Chase UK to Halt Crypto Payments...
Circle's Euro-Pegged Stablecoin Is Now Available on Stellar Network
26.9.2023
With expanding EURC stablecoin to Stellar, Circle expects to boost European remittance channels, cross-border payments, treasury management and aid disbursement
Chase U.K. to Block Crypto Payments Citing Fraud, Scams
26.9.2023
Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets
Hashing It Out: MobileCoin CEO says crypto must make space for more women
14.9.2023
Sara Drakeley says crypto has a reputation for being a ”bro space” and urges the industry to make provisions that would attract more women to the field
MobileCoin Appoints New CEO for Global Expansion of Crypto Payments
14.9.2023
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
13.9.2023
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-...
Wirex and Polygon CDK Join Forces to Revolutionize Digital Payments With W-Pay
12.9.2023
PRESS RELEASE. Wirex, a major player in crypto payments with over 6 million users, has chosen to partner with Polygon CDK (Chain Development Kit) to create a new App Chain focused on payments, named W-Pay. This move marks a significant development in the world of cryptocurrency payments....
Why Freelancers Are Turning to Blockchain for Payments
8.9.2023
Freelancing has become a significant part of the global job market in recent years. As traditional job roles evolve, more people are choosing freelance work to have flexible schedules and diverse income streams....
Read More: Why Freelancers Are Turning to Blockchain for Payments
Colorado DMV Accepts Crypto Payments Through Paypal
2.9.2023
The Colorado Department of Motor Vehicles (DMV) has announced it accepts cryptocurrency for its online services via the payment processor Paypal. Besides paying local taxes with coins, residents of the crypto-friendly state will be able to use their digital cash to renew driver’s licenses...
Nexo Mastercard Adds Credit and Debit Toggle to Optimize Crypto Usage
1.9.2023
Nexo has introduced a new “Dual Mode” feature on its cryptocurrency Mastercard, allowing users to switch between debit and credit functions to optimize cryptocurrency spending. Nexo Unveils Dual Mode Card Capabilities to Streamline Crypto Payments Nexo‘s new feature enables...
Elon Musk's X Social Media Platform Acquires Crypto Payments License
30.8.2023
The social media platform X, formerly known as Twitter, has acquired a regulatory license that enables it to process cryptocurrency payments in the US.
The specific license is the Rhode Island Currency Transmitter License, issued to X on August 28, according to publicly available data from...
Binance launches crypto-to-bank account payment product in Latin America
30.8.2023
Binance's Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia
Elon Musk’s X moves closer to crypto payments with new state license
30.8.2023
Regulators from Rhode Island have approved X’s application for a currency transmitter license
Binance Pay Steps into Brazil: Simplifying Crypto Payments for Businesses – Crypto Adoption on the Rise?
23.8.2023
The major crypto exchange Binance has launched its crypto payments processor Binance Pay in Brazil, aiming to streamline crypto payments for local merchants, an announcement from Binance said.
Compared with traditional payments processors, Binance Pay offers faster transactions speeds and lower...