Bitcoin Payments Financial News

17.11 / 20:57

Blockchain Adoption defi CFTC Bitcoin Payments SushiSwap Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

24.11 / 06:51

business wallet Google Apple Bitcoin Payments Lightning Network Bitcoin Wallet Wallet of Satoshi vanishes from Apple and Google’s US app stores

Bitcoin (BTC) Lightning payments app Wallet of Satoshi (WoS) has disappeared from Apple’s App Store and Google’s Play Store in the United States as it closes in on over 1 million transactions for November.

23.11 / 13:53

Blockchain transactions Bitcoin Payments Bitcoin Mempool Transaction Fee Bitcoin user pays $3.1M in transition fee for one 139 BTC transfer

A Bitcoin user paid 83.7 Bitcoin (BTC) worth $3.1 million in transaction fees for transferring 139.42 BTC. The transaction fee of $3.1 million is the 8th highest in Bitcoin's 14-year history.

08.11 / 15:13

business Adoption Payments Tokens Bitcoin Payments Mobile Payments Pay and dump? How businesses accepting crypto payments influence adoption

Cryptocurrency enthusiasts often argue that businesses need to start accepting crypto as payments for adoption to grow — boosting usability and potentially creating strong demand for these currencies.

07.11 / 20:31

Payments regulation wallet PayPal Bitcoin Payments Apple Pay Bitcoin Wallet US CFPB proposes supervising digital app providers, including crypto wallets

The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend its supervision to consumer reporting, consumer debt collection, student loan servicing, international money transfers and automobile financing.

02.11 / 14:07

Adoption Payments regulation Bitcoin Payments remittances Mobile Payments Crypto remittances offer cheaper alternative, but still face challenges to adoption

As the cryptocurrency market moves sideways and amid a deepening stablecoin exodus, the sector remains a vital lifeline for many sending money to loved ones while dodging extremely high fees that can be life-changing over time.

14.09 / 22:03

business Tesla Bitcoin Payments clean energy Energy usage Bitcoin clean energy usage reportedly exceeds 50% — Will Tesla start accepting BTC payments?

Elon Musk said in 2021 that Tesla would accept Bitcoin payments once miners were using roughly 50% clean energy sources “with positive future trend” — a benchmark that may have recently been met.

16.08 / 10:53

Blockchain Bitcoin Payments Bitcoin Regulation bonds Bitcoin Returns Bitcoin-friendly El Salvador sees bond returns soar to 70% in 2023

El Salvador, which adopted Bitcoin as legal tender in 2021, has seen its dollar bond outperform the majority of the emerging markets with a 70% return in 2023. The massive rally of the bond has now drawn interest from several institutional giants like JP Morgan, Eaton Vance and PGIM Fixed, prompting President Nayib Bukele to say, “I told you so.”

20.07 / 02:23

business Tesla Bitcoin Payments Bitcoin Bitcoin Price Holdings bitcoin holdings Tesla’s diamond hands: EV maker's Bitcoin holdings see no change in Q2

For the fourth quarter in a row, Tesla hasn’t sold or added to its digital asset holdings with the electric vehicle manufacturer continuing to hold $184 million worth of its remaining Bitcoin (BTC).

07.07 / 13:23

Adoption Europe Bitcoin Payments Bitcoin Industry Bitcoin Community Bitcoin Smuggling NOT ‘No, we’re not smuggling people’ - Bitcoin advocate tours Europe in BTC-styled van

From thumbs-ups from friendly strangers to midnight police searches, a Bitcoin-themed van continues a whirlwind tour around Europe.

07.07 / 05:17

Payments Bitcoin Payments Lightning Network Bitcoin ChatGPT Lightning Labs releases tools letting AI transact and hold Bitcoin

Bitcoin (BTC) Lightning Network development firm Lightning Labs unveiled a new set of tools for artificial intelligence to send and receive BTC on the network’s layer-2 solution.

21.06 / 13:41

Sport Bitcoin Payments Lightning Network lightning Bitcoin Bitcoin adoption in Mexico boosted by Lightning partnership with retail giant

The world’s largest Bitcoin (BTC) conference, Bitcoin 2023, in Miami, Florida, passed without major fanfare this year. Past conferences announced nation-state adoption, massive crypto integrations in the United States, and islands and territories worldwide embracing Bitcoin.

16.06 / 11:07

Blockchain Payments Bitcoin Payments Bitcoin Bitcoin in Cuba: Why some Cubans are adopting BTC to escape ‘The Matrix’

Bitcoin adoption could swell in Cuba, particularly if private businesses understand the upside to accepting Bitcoin (BTC) as currency. That’s according to a Cuban businessperson and Bitcoin advocate, Erich Garcia Cruz.

13.06 / 11:49

Adoption Bitcoin Payments Bitcoin Community Bitcoin Wallet Bitcoin Ugandan Bitcoiner dreams of the secular economy: BTC Prague 2023

A Ugandan Bitcoiner embarked on a community-funded trip from East Africa to Central Europe after winning tickets to BTC Prague for his adoption-driving efforts in his home country.

29.05 / 06:39

Payments regulation Ban Bitcoin Payments Bali Warning ‘Dealt with firmly’ — Bali governor issues warning to tourists using crypto

Bali’s government is cracking down on tourists paying for goods and services using cryptocurrency, with the island’s governor sending a reminder that Indonesia’s fiat currency is the only legal tender.

20.05 / 03:53

Adoption Payments Tether Bitcoin Payments Bitcoin Regulation Bitcoin Strike moves global headquarters to El Salvador, expands to 65 countries

Strike, a Chicago-based Bitcoin (BTC) payment provider, expanded its services to 65 countries in parallel to relocating its global headquarters to El Salvador. Before its expansion, the mobile app was operational only in the United States, El Salvador and Argentina.

15.05 / 06:07

Blockchain Adoption Bitcoin Payments Bitcoin Community Bitcoin Bitcoin Price Primordial NFT? Someone tried to sell a JPEG for BTC months before Bitcoin Pizza Day

Crypto Twitter was briefly set ablaze on May 14 with a suggestion that the world’s first real-world purchase made by Bitcoin may have been for a JPEG, not pizza.

28.04 / 20:09

event Adoption Payments PayPal Bitcoin Payments P2P Payments Venmo will enable fiat-to-crypto payments in May

Users of mobile payments service Venmo will soon be able to buy cryptocurrencies and send them to other Venmo users or external wallets beginning in May, according to an April 28 announcement from PayPal executive Jose Fernandez da Ponte. PayPal is the parent company of Venmo.

21.04 / 14:23

Payments Bitcoin Payments Lightning Network lightning P2P Payments Bitcoin network bitcoin lightning Bitcoin Lightning Network is 1,000x cheaper than Visa and MasterCard: Data

Fresh data from Glassnode demonstrates that Bitcoin's (BTC) Lightning Network is significantly cheaper to use than legacy payment networks.

20.04 / 12:53

business Blockchain Adoption Payments regulation Bitcoin Payments Fireblocks VP: Big names won’t go back after discovering crypto payments’ potential

Hashing It Out Episode 16 explores one of the most popular use cases for cryptocurrencies: payments. Elisha Owusu Akyaw is joined by Ran Goldi, vice president of payments at Fireblocks, to explore the rapidly evolving world of crypto and payments, the steps necessary for adoption, the role of stablecoins, and the hurdles — such as the collapse of crypto-friendly banks in the United States.

19.04 / 09:33

Technology Adoption defi Payments Bitcoin Payments Option Georgian vendors get crypto payments option with new partnership

Gate Pay, the cryptocurrency payment service offered by the crypto exchange firm Gate.io, has partnered with CityPay.io, a startup specializing in crypto payments in Georgia. The partnership will enable more than 600 merchants in Georgia to enjoy the benefits of crypto payment alternatives for their products and services.

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