Binance.US plans to restore USD services in early 2025 — Interim CEO
[Dec 19 10:15 AM] Binance CEO Richard Teng recently said it was “premature” to discuss the exchange’s return to the US.
1 / 11 Relevant items tagged with #Payments
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El Salvador makes Bitcoin payments voluntary in $1.4B IMF loan deal
[Dec 19 12:43 AM] El Salvador’s struck a loan deal with the IMF and will make Bitcoin acceptance voluntary and roll back government involvement in Bitcoin-related projects.
Tando Was All The Rage At This Year’s Africa Bitcoin Conference
[Dec 13 6:05 PM] Follow Frank on X. Before I even arrived at this year’s Africa Bitcoin Conference, I saw attendees posting about Tando, a new Kenya-based payments app that allows users to spend their sats with merchants who don’t accept bitcoin.Just arrived…
Bitcoin ETF ads spotted on China’s Alipay payment app
[Dec 12 10:46 AM] Some of Alipay’s mainland Chinese users saw ads inviting them to invest up to $137 daily in a fund with indirect exposure to a US spot Bitcoin ETF and Coinbase.
Crypto travel platform Travala launches Bitcoin and AVA reserve
[Dec 11 12:31 PM] The treasury reserve plan will provide Travala with additional financial resources in the future, according to the CEO.
Crypto.com to launch Mastercard-powered card in Bahrain
[Dec 4 6:00 PM] The new offering will be available across all Crypto.com card tiers with up to 8% rewards on spending.
Uphold’s Topper brings crypto withdrawals to all non-custodial wallets
[Dec 4 2:55 PM] Topper’s crypto off-ramp solution is designed to allow anyone using a self-custodial wallet like MetaMask to convert their crypto into fiat.
Crypto payment firm Dtcpay shifts to stablecoin-only payments model
[Dec 3 11:53 AM] By January 2025, Dtcpay will drop support for Bitcoin and Ether to focus on stablecoin payments exclusively.
MoonPay boosts self-custodial crypto spending with new solution
[Nov 13 2:00 PM] MoonPay Balance will support deposits and withdrawals in euros and British pounds, with future plans to expand to the US.
Crypto use more common among US underbanked, FDIC report says
[Nov 13 5:14 AM] Underbanked households more commonly used crypto than those with full banking access, an FDIC survey said.
Alchemy Pay expands US compliance with four new state licenses
[Nov 8 12:42 PM] Alchemy Pay’s new MTL licenses in Minnesota, Oklahoma, Oregon and Wyoming bring its total to eight US states.
Standard Chartered’s crypto custodian Zodia to raise $50M
[Nov 4 2:10 PM] Backed by several financial firms, Zodia expects to tap more diverse investors with a planned $50 million raise.
Solana-Based RWA Platform AgriDex Taps Stripe's Bridge to Lower Cost for Agricultural Trade Settlements
[Oct 29 3:02 PM] AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails.
Fireblocks launches $1M grant program to boost PYUSD developer adoption
[Oct 24 8:56 PM] As part of the program, developers can apply for up to $60,000 in grant funding to support their projects.
Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar
[Oct 24 3:30 AM] The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new barriers. The platform, which…
Metallicus secures FedNow transaction certification
[Oct 22 8:33 PM] The partnership was originally announced in mid-2023 ahead of the launch of FedNow.
Avalanche Foundation introduces Visa crypto spending card
[Oct 22 2:14 PM] The Avalanche Card is a credit card linked to a “self-custody wallet and unique address per asset.”
HUMBL issued US patent for blockchain payments technology
[Oct 17 7:19 PM] The company’s CEO described getting a blockchain patent in the US as “a very challenging process.”
Paxos debuts new stablecoin payment platform with Stripe
[Oct 15 1:05 PM] Paxos’ goal is to support assets and chains based on customers’ interests and its own end-user preferences, the company said.
BRICS Nations to Expand Use of National Currencies Through New Financial Platform
[Oct 11 2:30 AM] Russian presidential aide Yury Ushakov announced new BRICS initiatives to increase the use of national currencies in trade, backed by financial infrastructure developments like a BRICS-wide platform and special clearing systems. This move aims to…
Ripple Wins Platinum for Best Cross-Border Payments Platform at Future Digital Awards 2024
Samsung Pay adds crypto payment option with Alchemy Pay integration
[Oct 8 1:54 PM] Already available on Google Pay, Alchemy Pay’s virtual card is now coming to Samsung Pay, giving users another seamless way to spend their crypto.
Paypal Completes First Corporate Transaction Using PYUSD Stablecoin
[Oct 6 1:30 AM] Paypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD). This milestone highlights the role digital currencies can play in streamlining cross-border transactions, with…
Ripple Boosts Cross-Border Transactions in Brazil With New Payment Solution
[Oct 3 11:30 PM] Ripple is expanding its digital payments service in Brazil, partnering with Mercado Bitcoin to offer faster, cheaper cross-border transactions. This move positions Ripple Payments as a key player in the region’s crypto landscape, helping businesses…
BRICS Unified Exchange to Leverage Blockchain and Virtual Currency for Settlements
[Oct 3 9:35 PM] Deputy Chairman of the State Duma Alexander Babakov proposed creating a unified BRICS exchange using blockchain and virtual currency for inter-bloc settlements. Babakov stated that such an organization “will be the key to the economic…
Ripple and Mercado Bitcoin to launch crypto-enabled payments in Brazil
[Oct 3 2:00 PM] Mercado Bitcoin, one of the largest crypto exchanges in Latin America and a partner of Mastercard, is working with Ripple on crypto-enabled international payments.
Ripple Partners With Brazilian Exchange Mercado Bitcoin to Offer Business-Focused Payments Solution
[Oct 3 1:00 PM] Mercado Bitcoin plans to offer its corporate and retail customers support for international payments, allowing users to transact with Brazilian Reais.
Ohio Senator Pushes for Cryptocurrency Tax Payments With New Bill
[Oct 3 3:30 AM] Ohio State Senator Niraj Antani has introduced a bill to legalize cryptocurrency payments for state and local taxes. Emphasizing the importance of cryptocurrency in the present economy, the bill requires Ohio to accept digital currencies like…
Putin: BRICS Nations Developing Own Payment and Settlement System
[Sep 27 2:30 AM] Russian President Vladimir Putin has revealed plans for an independent payment system in collaboration with BRICS nations to secure foreign trade transactions. This move reflects a strategic shift aimed at increasing Russia’s and…
Watchdog: Visa–Mastercard ‘duopoly’ spends millions blocking competition
[Sep 26 8:49 PM] According to a report, the two companies spent a combined $80 million lobbying against credit card competition acts.