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New Coronavirus Relief Package Proposed With Second Round of Stimulus Checks for Americans
25.7.2020
Republicans have proposed a new coronavirus relief package with a second round of stimulus check payments, a draft summary of the proposal confirms. According to Treasury Secretary Steven Mnuchin, the new package will be the “exact same proposal as last time.” New Covid-19 Relief...
Australian Payment Card Company to Trial Micropayments Using Hedera Hashgraph
22.7.2020
A leading Australian debit card network is using Hedera Hashgraph to trial a micropayments system that could rival traditional online methods. In an exclusive press statement shared with CoinDesk on Wednesday, Eftpos Australia CEO Stephen Benton said the collaboration between the two companies is...
Vegasbetting.com Study Found US Sports Betting Market Is Leading the Way
21.7.2020
Ten out of ten major US sportsbooks accept Bitcoin deposits while only one in ten sportsbooks with a global footprint process Bitcoin payments. VegasBetting.com study found that the US sports betting market is leading the way when it comes to accepting bitcoin as a payment method. The study looked...
Wirex Approved to Issue Mastercard-Backed Bitcoin Debit Cards
20.7.2020
Mastercard said Monday it had granted Wirex principal membership status, becoming the “first” native cryptocurrency outfit to do so. The membership allows Wirex, a London-based digital payments firm, to issue payment cards directly to consumers, making it easier for people to buy, hold...
Mastercard Now Allows Crypto Firm Wirex to Issue Payment Cards
20.7.2020
Mastercard said Wire is the first crypto company to become a principal member, meaning it can directly issue payment cards to its customers
ConsenSys Accused of Stealing Payment Startup’s Code for Rival Service
16.7.2020
BlockCrushr claims investor ConsenSys abused its position of trust to gain access to its source code and create an alternative offering
Cypherium CEO Predicts CBDC Cross-Border Payments ‘Soon’
16.7.2020
Cypherium’s founder predicts that adoption of CBDCs for cross border payments will happen sooner than expected
Bank of England Still Debating Creation of Central Bank Digital Currency, Says Bailey
15.7.2020
Bank of England (BoE) Governor Andrew Bailey said Monday that the institution is still debating whether it should create a central bank digital currency (CBDC). Speaking at a webinar event, Andrew Bailey admits a CBDC will be a reality in the next few years. He, however, does not provide a time...
Covid-19 Forces Indians to Embrace Digital Payments but Country Still Lacks Crypto Regulation
13.7.2020
The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India....
Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile
12.7.2020
Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe...
BitTorrent Adds Binance USD as a Payment Option
9.7.2020
BitTorrent users can now purchase BitTorrent and µTorrent Classic Pro with BUSD and Binance’s native token BNB
Developer Reveals Layer-Two Private Messaging and Payment System on Bitcoin Cash
7.7.2020
On July 4, 2020, the Bitcoin Cash proponent Cain published an interview with the blockchain developer, Shammah Chancellor, about a new project called Stamp Chat. At its basic level, “Stamp is a prototype of a layer-2 private messaging and payment system on Bitcoin Cash. It implements stealth...
Biggest Corporations Sceptical of Introducing Crypto Payment Option
5.7.2020
Are traditional business enterprises ready to embrace a blockchain-based payments network? Maybe not, according to two research reports
Over 2,500 Austrian Merchants Can Now Accept Cryptocurrency Payments
4.7.2020
More than 2,500 merchants in Austria can accept three types of cryptocurrencies via the payment processor Salamantex. The company explained that the system was tested with a number of select A1 5Gi network shops. Since the Covid-19 outbreak, contactless payments have been trending more so than they...
Cryptography Startup Brings Private Payment Channels to Tezos Blockchain
1.7.2020
Cryptography firm Bolt Labs has launched a private payment solution, zkChannels, on Tezos
PayPal Dabbling in Crypto Could Make BTC a Mainstream Payment Option
1.7.2020
As PayPal is rumored to join the crypto game, what will it mean for the industry and the price of Bitcoin and Ether?
Stellar Elevates Global Payments System; XLM Yet to Follow
1.7.2020
The payment industry has always been triggered by the word “instant” global payments, and the need for quick money transfers is a global want in situations like the Pandemic that is ongoing. However, the traditional payment industry includes the middlemen commission, which increases the fee for...
60 Hong Kong-Based Vending Machines Support McAfee’s Ghost Token for Payments
30.6.2020
On June 28, 2020, the team behind Ghost Coin revealed a partnership with the digital currency payment processor Ivendpay. Ghost is a project led by the notorious John McAfee and according to the recent announcement, 60 vending machines in Hong Kong will support the privacy-centric coin...
Ghost Coin to be Deployed as Payment for Hong Kong Vending Machines
29.6.2020
John McAfee-backed privacy coin Ghost Coin partners with ivendPay as a payment option for Hong Kong vending machines
Former US Treasury Head Calls Payment ‘Friction’ the Best Argument for Crypto
25.6.2020
Clinton-era Treasury Secretary Summers doesn’t buy some of the crypto community’s anarchic sentiments but agrees that they are solving a major problem