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PortuguêsThere are a number of benefits associated with tokenized government bonds, yet adoption may take time. A handful of government-backed financial institutions have been exploring tokenization use cases to revolutionize…
Continue ReadingA data-driven exploration proving that Lightning scales bitcoin payments beyond Visa and that second-layer innovation is the way. This is an opinion editorial by Stanislav Kozlovski, a software engineer and…
Continue ReadingStarling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants. Starling — a digital bank based in the United Kingdom — is…
Continue ReadingRising from the ashes of old crypto exchanges, a new paradigm arises. The environment is now a global priority, evidenced by the threat of increasing carbon dioxide emissions reaching 414.72…
Continue ReadingMore countries are beginning to allow real estate purchases using crypto, here are some of the top destinations. The mainstream adoption of cryptocurrencies has brought immense potential to the fintech…
Continue ReadingBitcoin is an entirely new paradigm of money, not a simple secondary payments layer built to increase ease of access like PayPal or Venmo. This is an opinion editorial by…
Continue ReadingThe largest franchise in the world, Subway, is testing out the Lightning Network layer-2 Bitcoin payments solution and receiving encouraging results in Berlin, Germany. No, it’s not Groundhog Day. Subway…
Continue ReadingThe company is building payment rails that could make crypto purchases as ubiquitous as Paypal transactions. Crypto-focused fintech company Ramp has raised $70 million in venture capital, upping its pledge…
Continue Reading“Bitcoin uses 0.05% of world energy consumption. Banking uses 56 times more energy than Bitcoin,” Michel Khazzaka, a cybersecurity engineer and cryptographer, told Cointelegraph. The next time Bitcoin (BTC) comes…
Continue ReadingThe crypto gateway provider Fasset and Singapore’s Digital Treasures Center are among the startups entering the latest Mastercard Start Path program. Global payment giant Mastercard continues supporting cryptocurrency and blockchain…
Continue ReadingThis Halloween, we pay tribute to the crypto investors and businesses that fought through the various financial and technological nightmares that occurred in 2022. After over 13 years of ups…
Continue ReadingThe central bank of Thailand is not going to rush with the launch of its digital currency as it’s not yet sure about the benefits it would bring. According to…
Continue ReadingThe European Commission has approved a proposal to accelerate the introduction of euro instant payments. The technology is there and Europeans should be able to send and receive money immediately,…
Continue ReadingMeta’s Reality Labs division lost $3.672 billion in the third quarter. Some shareholders aren’t happy with the company’s oversized investment in metaverse technology. Not everyone is convinced that Mark Zuckerberg’s…
Continue ReadingThere is a limit of $999 every seven days for BTC transactions on the Lightning Network. According to a new page added to its support section on Oct. 25, Cash App —…
Continue ReadingPrivate keys and hardware sub-sectors will drive the BTC payment expansion as demand from banks and emerging economies continue to grow. The global Bitcoin (BTC) payments market will reach $3.7…
Continue ReadingCheckout.com settled $1 billion in stablecoin transactions during its initial pilot phase of Payments Engine. Following a successful pilot phase, digital asset custody platform Fireblocks has launched its new payment…
Continue ReadingMastercard will deploy its technology to integrate crypto trading into banks’ interfaces, while Paxos is set to provide its trading and custody services. Mastercard officially announced on Oct. 17 a…
Continue ReadingMexico has a burgeoning crypto remittance market that has immense potential. Mexico is the second-largest recipient of remittances in the world, according to 2021 World Bank statistics. Remittances to the…
Continue ReadingAnother major financial institution has signaled its intent to offer Bitcoin and Ether services to its clients. As crypto traders debate whether Bitcoin (BTC) is going to $25,000 or $15,000…
Continue ReadingSpending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed. More than 5 million merchants…
Continue ReadingCoinbase is now in a good position to help cryptocurrencies have a little breathing room in Singapore where the government is maintaining a hard stance on the asset class. Following…
Continue ReadingThe funding will be used in new banking technologies, including a collaboration with Mastercard and Visa for crypto transactions. In another round of investments in the crypto space, Singapore-based crypto…
Continue ReadingWith limited access to global finances, Russian businesses have begun settling in cryptocurrency with their partners abroad. Although these are still small-scale payments, government officials have noted their increase, which…
Continue ReadingFTX token surged over 7% on the news that Sam Bankman-Friend’s company, FTX would roll out a debit card in partnership with payments giant Visa. Spending cryptocurrency may become a…
Continue Reading“The seamless payments infrastructure and user experience derived from Web2 will be the backbone of Web3’s success,” said Max Rothman. The real economic utility of Web3 — a broad term…
Continue ReadingIn a statement on Thursday, regulators in the European Union banned all crypto-asset wallets, accounts and custody services from Russia. In a statement released on Oct. 6, the European Union…
Continue ReadingIn partnership with Go Crypto, Plan ₿ Foundation is enabling bitcoin payments for the city of Lugano, Switzerland, including McDonald’s. Plan ₿ Foundation has on boarded multiple businesses in Lugano,…
Continue ReadingThe DEX aggregator said the partnership would promote the wider adoption of DeFi and Web3 products and services. Decentralized exchange aggregator 1inch has partnered with Unstoppable Domains to help users…
Continue ReadingAre TradFi and DeFi converging, moving toward a middle ground that includes tokenized assets, interoperability and regulation? SWIFT is a payments colossus. It operates across more than 200 countries, has…
Continue ReadingCentral Bank of Russia has introduced digital assets, including the digital version of the Russian ruble, to the recently published draft of the new banking chart of accounts. In the…
Continue ReadingThe monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were…
Continue ReadingBitcoin looks suitable for Russia’s crypto cross-border payments at first glance, but there are many reasons why such a choice is highly questionable. Despite Russia pushing the idea of using…
Continue ReadingRussia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to…
Continue ReadingThe Project Icebreaker initiative aimed to improve cross-border payments by reducing costs and increasing speed and transparency, with a final report expected in Q1 2023. The Bank for International Settlements,…
Continue ReadingThe largest exchanges in Russia are ready to begin operating with cryptocurrencies right after authorities legalize cross-border settlements in crypto, according to a leading member of the Russian parliament. The…
Continue ReadingRussia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country to circumvent sanctions. At the same time, the United States…
Continue ReadingFinancial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other nations amid sanctions. The country’s central bank and finance ministry…
Continue ReadingBitso, a Mexico-based, Latam-focused cryptocurrency exchange, has launched an initiative that aims to allow Argentines to use crypto for their everyday purchases. The exchange is introducing QR payments directly in…
Continue ReadingDecentralized identity services could play a vital role in promoting Web3 payments in emerging markets like Africa. This week’s Crypto Biz has the latest. If you’ve spent any time reading…
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