Payments – Page 5 – Ƀitsell X

Today in Crypto: MoonPay Partners with Mastercard, 64% of Injective Survey Respondents Trade on Both CEX and DEX, Chainstack Launches DeFi API

October 26, 2023

Source: AdobeStock / Rafael Henrique Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Payments news Crypto payments infrastructure firm MoonPay announced that it partnered with Mastercard to drive innovation and strengthen consumer connections. According to the press release, the two…
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Worldcoin to Stop Using USDC for Orb Operator Rewards – Here’s the Latest

October 23, 2023

The Worldcoin Foundation has announced a major change in the reward system for the Orb device operators: they are now paid in WLD tokens instead of the popular stablecoin USD Coin (USDC). Ecosystem contributors, known as the Worldcoin Operators, have been paid in USDC during what has been a post-launch “transitional phase”. As this phase…
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Binance Resumes Euro Transfers Through New Fiat Partners

October 21, 2023

Cryptocurrency exchange Binance is restoring fiat services for customers using the common European currency, the euro (EUR). The coin trading giant announced that users are already migrating to the new platforms it partnered with in the wake of losing the services of Paysafe. Crypto Exchange Binance Offers Users New EUR Options for Deposits and Withdrawals…
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Binance shutting down European Visa debit card in December

October 21, 2023

Mastercard ended its partnership in Latin America and Bahrain with Binance in September, possibly due to the regulatory environment. Binance Visa debit card services will close down in the European Economic Area (EEA) on Dec. 20, according to an announcement by the cryptocurrency exchange on Oct. 20. Binance exchange accounts will be unaffected. According to…
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Today in Crypto: Jack Dorsey’s Block Acquires Music-Centric Startup Hifi, VALR Exchange Partners With Visa, DFINITY Developing Blockchain-based Recycling-focused Tech

October 16, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Jack Dorsey’s Block Acquires Music-Centric Startup Hifi, VALR Exchange Partners With Visa, DFINITY Developing Blockchain-based Recycling-focused Tech Read more »Sign up for e-EUR – the progressive stablecoin

China Opens Digital Yuan Park in Shenzhen

October 14, 2023

Shenzhen has become home to an industrial park established to promote China’s central bank digital currency (CBDC). Several financial companies are already settling there, the Chinese megacity announced while unveiling almost a dozen initiatives to boost the digital yuan use in the region. Shenzhen to Invest $14 Million in 3 Years to Develop Digital Yuan…
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Crypto cards facilitated $3B payment volume since 2021 exchange deals — Visa exec

October 5, 2023

Visa executive Akshay Chopra reveals that the company’s partnerships with cryptocurrency exchanges have facilitated billions of dollars in payment volume. The integration of conventional payment cards with cryptocurrency exchanges is playing a crucial role in driving the adoption of digital assets, according to a Visa executive. Speaking to Cointelegraph reporter Ezra Reguerra during a panel…
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Stellar, PwC publish ‘framework’ to judge emerging market blockchain projects

October 4, 2023

Stellar Development Foundation published a method for judging Web3 project effectiveness in Colombia, Argentina, Kenya, the Philippines, and other developing markets. The Stellar Development Foundation, developers of the Stellar network, released a financial inclusion framework for judging the efficacy of emerging market blockchain projects. The framework was developed in cooperation with consultants PricewaterhouseCoopers International (PwC)…
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Hong Kong Emerging as Crypto Hub Amid East Asia’s Regulatory Challenges – Is China Reversing Course?

October 4, 2023

Although Eastern Asia – once a top market – has seen a decline in crypto activity over the past several years, Hong Kong may provide the region with “a potential tailwind,” according to research firm Chainalysis. While Hong Kong is rising as a global leader in the regulated digital asset market, it’s still unclear what…
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Future of payments: Visa to invest $100M in generative AI

October 3, 2023

Visa says it was one of the first firms in the world to pioneer AI in payments, deploying AI-based technology for risk and fraud management in 1993. Global payment giant Visa is raising its bet on artificial intelligence (AI) in commerce and settlements by setting up a new fund to invest in generative AI ventures.…
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Category: Payments