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Crypto.com rolls out Google Pay integration as Big Tech continues to embrace crypto
21.7.2022
Google Pay users are given another avenue to cryptocurrency markets as Crypto.com integrates its payment functionality for purchases
Bitcoin.com Simplifies Cryptocurrency Payments, Enhances Data Sovereignty With Unstoppable Domains Partnership
20.7.2022
In partnership with Unstoppable Domains, Bitcoin.com is making it easier than ever to use cryptocurrency as a payment method. Users of the multichain Bitcoin.com Wallet can now send cryptocurrency to the full range of domains offered by the blockchain-based domain provider. This means, for example...
Fintech and Bitcoin Payments Firm Zebedee Raises $35 Million From Kingsway Capital, Square Enix
19.7.2022
On Tuesday, the fintech and payment processor Zebedee announced the company has raised $35 million from Kingsway Capital, Raine Group, and video game giant Square Enix. Zebedee detailed that the Series B funding will help the startup “scale company-wide to meet the needs of the biggest names...
Best Payment API? Comparing Stripe and Remuno
18.7.2022
An Application Programming Interface, otherwise known as an API, is a program that can be integrated into an online platform to complete a function. Payment APIs, therefore, are solutions that can be integrated into a platform to take customer payments. These APIs, through their design, can have...
ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto
16.7.2022
Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making the case for a digital euro. The executives have marked key objectives for the project which should provide...
Latest Global Findex Survey: Share of Adult Population with a Bank Account Now 76% — 1.4 Billion Adults Still Unbanked
16.7.2022
Between 2011 and 2021, the share of the world’s adult population that had bank accounts rose from 51% to 76%, the findings of the latest World Bank Global Financial Index survey have shown. About 1.4 billion adults are, however, still unbanked, not having the money or the identification...
Putin Signs Law Prohibiting Payments With Digital Assets in Russia
15.7.2022
President Vladimir Putin of Russia has signed into law a bill banning payments with digital financial assets. The legislation obliges exchange operators to refuse to process transactions facilitating the use of DFAs, a legal category currently covering cryptocurrencies, as “monetary...
Crypto payments gain ground thanks to centralized payment processors
15.7.2022
Mastercard, Visa, PayPal and several others have paved the way for crypto to be used as a tool of payment for buying daily needed goods
Fasset Collaborates with Mastercard, New York Yankees' Bitcoin Deal, Tencent Shutters NFT Platform, Crypto Industry Donates to US Senator + More News
14.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Fasset Collaborates with Mastercard, New York Yankees' Bitcoin Deal, Tencent Shutters NFT Platform, Crypto Industry...
Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks
13.7.2022
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create...
Insurance Company Sued for Refusing to Cover $7.5 Million Bitcoin Ransom Payment
12.7.2022
A British jeweler has sued its insurance company for refusing to cover a bitcoin ransom payment of $7.5 million. The jeweler paid the hackers to prevent sensitive customer data from being published. Insurance Company Faces Lawsuit for Refusing to Cover Bitcoin Ransom Payment A luxury British...
Report: Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen
8.7.2022
A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts belonging to Nigerian fintech Flutterwave. The agency alleges that Flutterwave is not providing merchant services as per claims, but is instead...
Mt. Gox Trustee Moves Closer to Pay-Out, Asks Creditors for Payment Details
8.7.2022
The trustee holding what is left after the infamous collapse of the early crypto exchange Mt. Gox is moving closer to a pay-out, asking creditors how they would like to get paid, according to a new letter.
In the letter, dated July 6, Mt. Gox’s Japanese trustee, Nobuaki Kobayashi, has asked...
Russian State Duma Adopts Law Banning Payments With Digital Financial Assets
7.7.2022
The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transactions which make it possible to employ these assets as a means of payment. Russian Parliament...
Elon Musk’s Boring Company to Accept Dogecoin Payments for Rides on Las Vegas Transit System Loop
7.7.2022
Elon Musk’s Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on its Las Vegas transit system Loop. Musk confirmed that he is “supporting Doge whenever possible.” Tesla already accepts the meme crypto for some merchandise and Spacex will soon...
Binance Resumes Local Currency Deposits with Brazilian Payment System Pix
6.7.2022
Withdrawals should be resumed “shortly,” said the company, which had suspended that feature on June 17
Mastercard Report: 51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam
1.7.2022
A new report issued by Mastercard, the payment processing giant, has found that most consumers in Latam have knowledge of what cryptocurrency is. The report states that more than half of the consumers in Latam have at least made a transaction involving cryptocurrency. Also, a third of the surveyed...
Surprise twist as BlockFi receives Money Services License in Iowa
29.6.2022
Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state
Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia
24.6.2022
A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor of another draft law banning their use as a means of payment. New Bill Targets Russian Platforms...
Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services
22.6.2022
Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions...