Payments Financial News

17.07 / 15:21

Technology Adoption defi Payments Tech Bitcoin 7 payment gateways for fast online transactions

In today’s fast-paced digital world, speed and convenience are paramount when it comes to online transactions. Whether you run an e-commerce business or simply want to make swift payments online, having a reliable payment gateway that ensures seamless and speedy transactions, including support for cryptocurrencies, is essential. Here are seven payment gateways known for efficiency, fast processing times and crypto support.

13.07 / 10:07

Payments regulation wallet Telegram Bitcoin Telegram Wallet bot enables in-app payments in Bitcoin, USDT and TON

The cryptocurrency payment industry continues to evolve with a new cryptocurrency payment option coming to crypto-friendly Telegram messenger.

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.

05.07 / 20:45

Government Payments regulation Investments Taxes IMF IMF eyes tens of billions in crypto asset taxes, has few suggestions for collecting them

Governments have yet to address all the ways crypto might be taxed, the International Monetary Fund (IMF) has realized, and the amount of taxes not imposed or collected may reach well into the tens of billions of dollars. That insight does little to reduce the variety of challenges in taxing crypto, however.

05.07 / 11:31

business Payments Yuan Bitcoin Crypto-friendly DBS Bank launches digital yuan payment tool

Cryptocurrency-friendly bank DBS is cooperating with mainland China on the development of a new payment solution for the digital yuan, also known as e-CNY.

30.06 / 18:49

Blockchain Adoption Payments transactions Scalability Bitcoin Future Financial The future economy: Anticipating the central role of crypto payments in financial transactions

With crypto gas prices dropping to lows after numerous recent innovations in scaling and interoperability across different chains, we can more vividly imagine a possible shift toward widespread crypto payments.

29.06 / 13:49

Stablecoin Adoption Payments Bitcoin Bitcoin salary: Employees choose crypto paychecks amid economic instability

Political and economic tensions around the world are making some people more willing to receive their pay in cryptocurrencies like Bitcoin (BTC), according to executives in the human resources industry.

23.06 / 21:59

Payments regulation Central Bank ECB ECB official labels crypto as 'deleterious' with 'no societal benefits' in scathing speech

Fabio Panetta, an executive board member of the European Central Bank (ECB), has suggested a dark future for cryptocurrencies, in which the digital assets may be used for little more than gambling among investors.

23.06 / 11:25

business Blockchain Payments Banks Euro JPM Coin JPMorgan bank deploys JPM Coin for euro-denominated payments

The United States-based investment bank JPMorgan is expanding the implementation of one of its major blockchain projects, JPM Coin, into traditional banking.

23.06 / 02:29

business Adoption Payments Altcoin Shiba Inu NOT Customers Shiba Wings customers love the food, not so much the crypto, says owner

After a grand opening in March, Australian fast-food diner Shiba Wings has seen plenty of customers walking through the doors for their fried delectables.

17.06 / 03:41

business Payments Wyre Crypto payments platform Wyre shutters citing bear market conditions

San-Francisco-based crypto payments firm Wyre is shutting down after almost 10 years in business, citing the financial challenges of the bear market, and not anything to do with any hawkish “regulatory agency direction” in the United States.

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.

16.06 / 04:45

Blockchain defi Payments Digital Asset Digital Asset Management FinTech Deal Prime Trust subsidiary Banq files for bankruptcy amid BitGo acquisition deal

The payments subsidiary of crypto custodian Prime Trust, Banq, filed for bankruptcy protection in the United States on June 13, court documents show..

07.06 / 20:35

Stablecoin Payments regulation Circle Circle is latest recipient of Major Payment Institution license in Singapore

Circle’s Singapore affiliate, Circle Internet Singapore, has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Circle Singapore received in-principle MPI approval from MAS in November and opened its office in the city-state in May.

31.05 / 21:23

Government Payments regulation Drugs Sen. Elizabeth Warren points to crypto payments as facilitating fentanyl trade in China

Massachusetts Sen. Elizabeth Warren has suggested a link between cryptocurrency payments and companies based in China that provided precursors for the opioid fentanyl.

31.05 / 19:35

business Technology Payments Web3 Tether expands reach in Georgia through investment in CityPay.io

Stablecoin issuer Tether announced on May 31 that it is expanding its presence in the Republic of Georgia through a strategic investment in CityPay.io, a payment processing company that operates across more than 600 locations in the country.

29.05 / 12:27

Blockchain Ethereum Adoption Payments VISA transaction volume Ethereum Transaction Volume Rivals Visa As Blockchain Transactions Soar

Ethereum may be far younger than the traditional payments giants, such as Visa, but it has shown (yet again) that blockchain, in a single decade, developed into a force to be reckoned with.

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.

26.05 / 15:29

business Payments regulation FinTech ‘Exhausted all options’ — Unbanked to close after being left hanging by investor

Crypto fintech firm Unbanked, which provides crypto custody and payments services, has become the latest firm to close shop while citing a harsh regulatory environment for crypto in the United States.

25.05 / 08:57

Blockchain cryptocurrency Adoption Payments Web3 MasterCard services Financial Mastercard's Chief Says Blockchain Can Bring Much More Value to Financial Services

Payment giant Mastercard finds that crypto and blockchain are useful and can bring much more value to financial industries as a whole, but only when they tackle the security and ease of use issues in order to build trust.

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.

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