Having problems with payments around Christmas can be frustrating, especially for those who leave gift buying till the last minute. With calmer markets this holiday season, the crypto ecosystem has been operating relatively smoothly, with few exceptions. The fiat world, however, saw some glitches that affected card payments in particular. Also read: New Ukrainian Law...Read More
Many people wonder what the future will hold for bitcoin payments. As numerous supporters no longer deal with BTC in 2019, that outlook remains uncertain. A lot of companies have tried to accept bitcoin payments in recent years. Bitcoin Payments Remain a Problem in 2019 Some companies stick with that decision, whereas others bow out...Read More
StormX allows people from all around the world to earn satoshis for playing video games, testing applications, completing surveys and fulfilling other types of microtasks. Launched in January 2014 as Storm Play, the platform has managed to pay out more than 249 BTC (about $1,784,000 at the time of writing) to users in less than...Read More
At the beginning of December 2019, Balaji Srinivasan, the former CTO of Coinbase and a co-founder of Coin Center, listed Bitcoin as the most successful unicorn of the 2010s. Bitcoin is not a company — as many snarky commentators were quick to point out. But they’re missing the point, Srinivasan protested. Speaking from an investment...Read More
The Verkhovna Rada, Ukraine’s legislature, has approved amendments that introduce legal terms and definitions pertaining to the crypto space. The new legislation, which aims to transpose the FATF standards into national law, also identifies who is to take responsibility for the oversight of cryptocurrencies in the country. Also read: Crypto Startups to Get up to...Read More
Traditional payment processing has been around for centuries. At first, everything was written down on pieces of paper, then technology evolved and introduced digital ledgers. Later, the Internet came and brought forward another revolution, which made it possible to transfer money all over the world through your computer. The latest revolutionary development in payment processing...Read More
The first Swiss company to operate an integrated cryptocurrency exchange and custody, SMART VALOR, has added Bitcoin Cash to its range of listed tokens.Why does this matter and what’s in it for buyers? The listing of Bitcoin Cash (BCH) on SMART VALOR matters, because it is the first fully compliant and licensed exchange launched out...Read More
The merchant payments startup Flexa will soon allow any other app to run payments in crypto just like its own SPEDN app has since May. Staking with the company’s Flexacoin (FXC) will enable apps to trustlessly provide payments to merchants without any danger of malicious apps reversing a transaction after Flexa has transferred funds. The...Read More
Woori Financial Group, one of South Korea’s largest banking companies, has agreed to work with Ground X in developing blockchain financial services. Group Chairman Chairman Son Tae-seung made the announcement on the 21st at the company’s headquarters in central Seoul, some reports said. Further detail appeared in Shin-A Ilbo, CoinDesk Korea, and other publications. Under the agreement,...Read More
Major Austrian telecom operator A1 has started accepting six cryptos as payment in select shops in Austria. Major Austrian telecom operator A1 has started accepting cryptocurrencies as payment in seven selected shops in Austria. Six cryptos accepted Starting from Aug. 19, A1 customers can pay for network services in selected A1 branches using six major...Read More
Facebook-owned WhatsApp is in early talks with local firms to launch digital payments service in Indonesia. Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services in Indonesia. Reuters reported that they had learned of this development from anonymous sources...Read More
Erik Finman joins Marshall Hayner in adding multiple cryptocurrencies to Metal, their joint payment app project. Cryptocurrency payment app Metal has launched as a full version in what creators say will dominate the market over Facebook’s Libra. In a social media post Aug. 19, Erik Finman, who co-founded Metal together with former QuickCoin co-founder, Marshall...Read More
A department of the Israel Ministry of Finance is looking to drive fintech competition with industry teams and licensing help. The Capital Market, Insurance and Saving Authority, a division of Israel’s Ministry of Finance (MoF), is looking to accelerate the process of procuring licenses for blockchain and fintech companies in the country. Israeli business news...Read More
Ripple has been in the headlines today, as the Spanish bank Santander confirmed plans to extend the use of Ripple’s xCurrent network. The banking behemoth will be rolling out its One Pay FX mobile app to customers in Latin America, enabling a payment gateway for sending funds to the U.S. The XRP price jumped from...Read More
