Tag: Payments

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Elon Musk’s X moves closer to crypto payments with new state license

Elon Musk’s X moves closer to crypto payments with new state license

Rhode Island’s regulators have granted X (Twitter) a currency transmitter license marking a step forward for the company’s foray into the financial se [...]
Binance excludes Banco de Venezuela from P2P payments

Binance excludes Banco de Venezuela from P2P payments

The world's largest crypto exchange Binance has removed Banco de Venezuela as a payment method on its peer-to-peer (P2P) trading service. This follows [...]
OKX and ByBit remove sanctioned Russian banks from payments list

OKX and ByBit remove sanctioned Russian banks from payments list

At least two major crypto exchanges followed Binance in excluding Russian banks under international financial sanctions from their payment options. Ti [...]
Binance P2P removes sanctioned Russian banks from payments list

Binance P2P removes sanctioned Russian banks from payments list

Crypto exchange Binance has removed “yellow” and “green” payment options from its peer-to-peer service after being criticized for using these code wor [...]
MoonPay Offers Binance.US a Solution to Crypto Payments Suspension

MoonPay Offers Binance.US a Solution to Crypto Payments Suspension

The U.S. exchange's customers now have the option of buying stablecoin USDT using their debit or credit cards, Apple Pay or Google Pay and then conver [...]
Fuse CEO Mark Smargon says blockchain payments apps will rival Visa, not Ethereum

Fuse CEO Mark Smargon says blockchain payments apps will rival Visa, not Ethereum

Episode 16 of Hashing It Out explores one of the most popular cryptocurrency use cases: payments. Mark Smargon, CEO of Fuse, joins host Elisha Owusu A [...]
Crypto Exchange Binance to Shut Down Payments Service Amid Refocus On Core Products

Crypto Exchange Binance to Shut Down Payments Service Amid Refocus On Core Products

Binance Connect, which allowed merchants to accept payments in crypto, launched in March 2022 in an effort to help companies become “crypto-ready,” th [...]
FedNow showcases DLT-powered payments system as service provider

FedNow showcases DLT-powered payments system as service provider

The United States Federal Reserve’s instant payment system, FedNow, has added a company powered by the distributed ledger technology (DLT) platform He [...]
Visa explores crypto gas fees payments through cards

Visa explores crypto gas fees payments through cards

In a potential transformative move for users, Visa, the payment solution provider, is testing an innovative solution enabling on-chain gas fees to be [...]
Ripple joins BIS cross-border payments task force

Ripple joins BIS cross-border payments task force

The Bank for International Settlements (BIS) has recently announced a cross-border payments interoperability and extension (PIE) task force which incl [...]
India proposes AI-powered conversational payments system: RBI

India proposes AI-powered conversational payments system: RBI

The Reserve Bank of India (RBI), the country’s central bank, has published a press release that floated the idea of using artificial intelligence (AI) [...]
USDC Issuer Circle Unveils Programmable Web3 Wallet to Make Crypto Payments Easier for Business

USDC Issuer Circle Unveils Programmable Web3 Wallet to Make Crypto Payments Easier for Business

“This new platform marks the first step for Circle’s Web3 services as we work to ease common pain points for developers, remove friction from value ex [...]
Litecoin halving completes as LTC sees increased payments adoption

Litecoin halving completes as LTC sees increased payments adoption

The Litecoin halving event has been completed with block rewards now halved at 6.25 Litecoin (LTC) per block. On Aug. 2, the Litecoin blockchain went [...]
Coinbase Looks to Add Bitcoin Lightning for Payments

Coinbase Looks to Add Bitcoin Lightning for Payments

The move is part of the exchange's broader plan to improve cryptocurrency-based payments globally. www.coindesk.com [...]
Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges

Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges

Australia’s Bendigo Bank has become the fourth major bank in the country to announce blocks for “high-risk crypto payments,” citing the need to protec [...]
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