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Nigerians Optimistic CBDC Will Improve Payments and Help Promote Cryptocurrencies
7.10.2021
Nigerians are hopeful the planned central bank digital currency (CBDC), also known as the e-naira, is going to enhance cross-border payments and make it “easier for the naira to be widely used and accepted.” E-Naira Launch a Boon for Cryptos In fact, according to a VOA report, some...
Adapt or die: Payments giants partner with crypto firms to ensure security
21.9.2021
Mastercard’s upcoming acquisition of CipherTrace demonstrates the need for payments giants to partner with crypto firms to enable digital asset innovation
Banks Protest Crypto Firms' Claim to Federal Reserve Payments Systems
30.8.2021
Crypto businesses are seeking access to the US Federal Reserve’s (FED) payments systems that legacy finance institutions use to move money around swiftly. However, in a bid to protect their privileged position in the US financial system, banks are protesting against providing crypto companies with...
Stellar blockchain remittance corridor to power Thailand-Europe payments
11.8.2021
The new cross-border remittance corridor will be hosted on the Stellar blockchain and serve around 600 million customers
Samsung ‘Will Join Kakao’ to Trial Offline Payments for S Korea’s CBDC
6.8.2021
Source: Adobe/S_E
Two Samsung affiliates are reportedly set to join a number of Kakao subsidiaries in piloting the Bank of Korea (BOK)’s central bank digital currency (CBDC) prototype – with reports claiming the electronics giant will test offline payments made using its Galaxy smartphones.
Per...
New Spanish bill aims to enable mortgage payments in crypto
4.8.2021
The draft bill intends to allow property owners to pay mortgages with crypto and authorize the real estate sector to use their own crypto for mortgage purchases in Spain
Dogecoin gains 8% after Elon Musk says DOGE payments compete with Bitcoin, Ethereum
9.7.2021
The billionaire's latest public praise of Dogecoin yields few returns but a lot of mockery
Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments
2.7.2021
The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six zeroes from the inflation-affected Bolivar. This would aid companies in processing taxes and provider payments that are absurdly complex with today’s numbers....
Apple Hiring Manager With Cryptocurrency Experience to Launch New Alternative Payments Programs
28.5.2021
Apple Inc. has posted a job notice for a business development manager with cryptocurrency experience. “This position will be responsible for the end-to-end business development, including screening partners, negotiating and closing commercial agreements, and launching new programs,”...
Apple seeks to hire 'alternative payments' manager with crypto experience
26.5.2021
"The Apple Wallets, Payments, and Commerce (WPC) team is seeking an experienced Business Development Manager to lead Alternative Payments Partnerships," the job post reads
2 Turkish Crypto Exchanges Investigated for Fraud After Central Bank Bans Cryptocurrency Use for Payments
25.4.2021
Two Turkish cryptocurrency exchanges are being investigated by the authorities in Turkey after they abruptly halted trading. The authorities have blocked access to the bank accounts of the second exchange and detained four people so far. Sixty-two people have been detained in connection with...
Kenyan Fintech Startup to Use Stablecoins to Transfer Universal Basic Income Payments to African Refugees
17.4.2021
Kotani Pay, a Kenya based digital currency on and off-ramp service provider, has entered into an agreement wherein it will enable the transfer of universal basic income (UBI) payments to African refugees. Working in conjunction with the Refugee Integration Organisation (RIO) and Impact Market,...
Turkey Bans Cryptocurrency Use for Payments as Local Currency Plunges
16.4.2021
The Central bank of the Republic of Turkey has issued a cryptocurrency regulation prohibiting the use of cryptocurrencies for payments of goods and services. From the end of this month, crypto assets cannot be used directly or indirectly as a means of payment in the country and no service can...
Encrypted messaging app Signal enables private payments using MobileCoin
7.4.2021
High-speed privacy payments using MOB available to UK users only
Russian Mobile Operators Eye Payments Services, Wallets for Digital Ruble
16.2.2021
Some telcos are looking at developing a digital wallet that would link the digital currency to users' mobile phone numbers
Former UK Cyber Intelligence Official Pushes for Law Change to Stop Bitcoin Ransomware Payments
27.1.2021
A former U.K. cybersecurity chief has raised concerns that ransomware incidents are close to “getting out of control.” Ciaran Martin has also called for laws to prevent people from paying bitcoin to cybercriminals. Former Official Claims Most of the Cybercriminals Are Based in Russia...
9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race
2.1.2021
On December 31, billionaire investor Mike Novogratz asked his Twitter followers which blockchain coin has the best chance of winning the payments race and offered four choices. Novogratz said there are lots of “contenders” and listed off Facebook’s diem, tether, bitcoin cash,...
Microsoft, EY Expand Blockchain Platform for Gaming Rights to Include Payments
14.12.2020
Microsoft, Ernst & Young LLP (EY) announced plans to use its blockchain platform to allow Microsoft’s Xbox gaming partners, artists, and content creators to track and manage their payments and royalty contracts
The Dark Future Where Payments Are Politicized and Bitcoin Wins
18.11.2020
If the payments system ever becomes seriously politicized, Bitcoin's apolitical nature could become more appealing. But that's not a scenario worth looking forward to
Chinese Payments Giant UnionPay to Support Crypto Payments With New Virtual Card
4.11.2020
The world's biggest credit and debit card company will support payments with a South Korea-developed cryptocurrency for an upcoming virtual card offering