Finovate

DECEMBER 20, 2023

With a spot Bitcoin ETF expected in 2024, crypto investors, traders, and enthusiasts are likely feeling as optimistic about digital assets as they have in awhile. So with the year drawing to a close, here are a few recent crypto- and blockchain-oriented headlines that you might have missed.

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PYMNTS

DECEMBER 11, 2019

Blockchain payment service company Bitpay announced Tuesday (Dec. 10) the introduction of stablecoin payments for both users and merchants, according to a release. . The company will allow the use of three stablecoins: Circle’s USD Coin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX).

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PYMNTS

DECEMBER 2, 2020

Visa has partnered with BlockFi to launch a credit card that offers bitcoin rewards rather than travel points or cash back, according to an announcement. The BlockFi Bitcoin Rewards Credit Card , which will be available in the spring of 2021, will give 1.5 The card carries a $200 annual fee. “We

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PYMNTS

AUGUST 24, 2020

Huawei has created a technology based on the blockchain to help the Beijing government more effectively monitor and supervise citizen information, CoinDesk reported. Moreover, the cloud services arm of Huawei has fueled the project with blockchain innovations like distributed ledgers.

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PYMNTS

NOVEMBER 4, 2020

Bit by bit — but more than bitcoin by bitcoin — cryptos are inching into the mainstream, for both consumer and commercial applications. Elsewhere, Square announce last month that it has invested $50 million — approximately 1 percent of its total second-quarter assets — to purchase roughly 4,709 bitcoins. “We

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PYMNTS

DECEMBER 17, 2020

Amid the rallies that have marked all manner of asset classes in 2020 – where things hummed along to start the year, turned sour in the spring and then rebounded (nay, roared) into the waning months, bitcoin stands out. But now, at least some asset managers have been embracing bitcoin as a hedge against currencies and gold.

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PYMNTS

MARCH 11, 2020

The alliance, a Libra competitor, provides an avenue for developers to create decentralized apps based on Celo blockchain technology as well as U.S. stablecoin. All of the steps — ranging from the loans’ organization to monthly payments from those who are borrowing money — are run on the blockchain of Figure, as cited in the report.

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PYMNTS

JULY 7, 2020

Regulators are taking in an interest in stablecoins, with the Financial Action Task Force (FATF) noting in a report the digital currencies need to adhere to norms to offer protection from the terrorism financing and money laundering, Bloomberg reported.

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PYMNTS

DECEMBER 29, 2019

The United Nations (UN) needs to embrace blockchain, António Guterres, U.N. Guterres said blockchain technology will be a critical part of the U.N., China, too, has prioritized blockchain, and the $6 billion U.N. Children’s Fund can receive donations in bitcoin and ethereum for some projects. . “For 26 in an interview.

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PYMNTS

JULY 2, 2020

The blockchain has been touted as the solution for any host of information and asset transfer issues — due in part to the fact that data in a blockchain cannot be altered (i.e. Lack of access to banking is a significant issue for blockchain projects, even today,” Public Mint said. is immutable).

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CB Insights

SEPTEMBER 7, 2021

Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. download our best of blockchain research. download our best of blockchain research. But blockchain’s potential extends well beyond crypto and NFTs. First name. Company name. Phone number.

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PYMNTS

JANUARY 6, 2019

The China Banking Association (CBA) has announced the launch of a blockchain-based platform for trade finance. In other news, Vaishali Mehta, who worked as a senior compliance manager at Coinbase, has left the company to become the head of compliance for TrustToken , which produces the TrueUSD stablecoin.

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PYMNTS

APRIL 18, 2019

Bitcoin users might soon be able to donate to help rebuild Notre Dame Cathedral. Although bitcoin isn’t one of the approved currencies, France’s Minister for Digital Affairs Cedric O said he is willing to speak to crypto platforms about possibly allowing bitcoin donations. But we are open to discussing with others.

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PYMNTS

JANUARY 25, 2019

Chainalysis unveiled an anti-money laundering (AML) compliance solution for stablecoins called Know Your Transaction (KYT), the company said in an announcement. The product seeks to track stablecoins through every transaction, with the inclusion of redemption and issuance. ”

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PYMNTS

JANUARY 21, 2021

Russia’s Sberbank could roll out its stablecoin as early as this spring after filing with the Bank of Russia to launch a blockchain platform, Cointelegraph reported. The filing process only takes about 45 days, but Sberbank is also still debating how Sbercoin will be taxed, according to Cointelegraph, citing news agency Interfax.

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PYMNTS

DECEMBER 15, 2020

BitPay , which is the world's largest provider of bitcoin and cryptocurrency services, has announced that mobile payments app Slide will now add cryptocurrency as a payment option, according to a press release. It will allow for instant money transfers on blockchain.

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PYMNTS

NOVEMBER 26, 2019

In other news, crypto exchange Bitfinex and its sister firm, stablecoin issuer Tether , have been accused again of manipulating the bitcoin markets. 22, says that both companies “monopolized and conspired to monopolize the Bitcoin market.”. When Bitcoin prices were falling, Defendants and their co-conspirators printed USD?s

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PYMNTS

DECEMBER 5, 2018

A television host in New Zealand has become the victim of a bitcoin scam, with fraudsters impersonating him to promote a suspicious cryptocurrency business. But Faitaua said that has never owned any bitcoin, and any claims to the contrary are simply false. “A All stablecoins on Bitfinex and Ethfinex will be traded against USD.”.

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PYMNTS

APRIL 27, 2020

Global blockchain firm Binance and blockchain payment service provider BitPay are teaming to increase adoption of the BUSD Binance stablecoin, according to an announcement. PPEX reportedly handles secondary trades for exempt securities, with the inclusion of blockchain-native digital assets.

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PYMNTS

JULY 9, 2020

Authorities in China have confiscated bitcoin, ether and tether worth more than $15 million and luxury cars from those who allegedly ran a purported cryptocurrency scheme, CoinDesk reported. Police in a Chinese city had reportedly taken 10 suspects into custody.

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Fintech Review

OCTOBER 18, 2024

This feature simplifies the process of swapping assets between major blockchain ecosystems, enhancing connectivity for users trading between Polkadot, Ethereum, and Substrate networks. Simplifying Cross-Chain Asset Swaps Swapping assets across blockchain ecosystems has often been complex, requiring multiple custom bridges and DApps.

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PYMNTS

OCTOBER 22, 2020

And the Solana blockchain has become an official chain for USDC, which continues the growth of USDC as an open standard and protocol for fiat cryptocurrency on blockchains, according to an announcement from Centre. USDC for Solana is currently available on the Solana Mainnet.

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PYMNTS

APRIL 21, 2020

The Central Bank of Argentina (BCRA) is trying out blockchain in a new clearing system, and the technology could eventually be used by other large banks, according to CoinDesk. The solution, by blockchain developer IOV Labs, is intended to speed up fiat payments, putting in end-to-end technology to make everything flow better.

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PYMNTS

AUGUST 20, 2019

Binance has announced plans to launch its blockchain project, Venus, to develop localized stablecoins and digital assets pegged to fiat currencies across the globe. Unfortunately, it also meant that the individual’s name, email address, and proposed password (and state of residence, if in the U.S.) Coinbase said it has fixed the bug.

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Clearly Payments

AUGUST 24, 2024

Over 15,000 businesses worldwide accept Bitcoin payments as of 2024. The adoption of blockchain technology has further revolutionized cross-border P2P transfers. Blockchain-based platforms, such as Ripple, have reduced the cost and time associated with international transfers.

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The Fintech Times

MAY 16, 2024

” Blockchain driving growth Glendy Kam, chief product officer at Tassat Group The past year has been all about blockchain technology according to Glendy Kam , chief product officer at Tassat Group , a blockchain-based solution provider. “The biggest digital asset innovations in the past year have been twofold. .

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PYMNTS

MAY 19, 2019

Crypto exchange Bitfinex announced that it will list its new exchange token on its platform and it will be tradeable against bitcoin, the U.S. dollar, the tether stablecoin, ether and EOS. The overwhelming response and expedient execution of the token sale represents a new milestone for Bitfinex and the greater blockchain community.

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PYMNTS

NOVEMBER 6, 2019

The awarded idea is a DLT-based digital cash platform that allows transactions with tokenized euro stored on blockchain. “We And Tradewind Markets , a blockchain-powered gold trading platform, has developed and launched a system for stablecoin issuers to track the origination of precious metals. “If

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PYMNTS

OCTOBER 26, 2020

million in discounted bitcoin in exchange for gift cards — an amount that a report from Arcane Research says is half Paxful's trade volume, Cointelgraph reports. Trade of bitcoin for gift cards, the report says, comes out to 48 percent of Paxful's revenue. The gambling activities involved the tether stablecoin.

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PYMNTS

JANUARY 18, 2021

dollar will remain strong on the international stage and won’t be surpassed by bitcoin anytime soon, although it could be a veritable reserve currency, CoinDesk reported. Other than, you know, gold, bitcoin. Flynn purchased bitcoin for his roughly 450 clients, the report stated. Unless the U.S. Unless the U.S.

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The Fintech Times

MAY 26, 2024

Addressing privacy concerns Promoting CBDCs with a range of benefits aside, most consumers are concerned about privacy issues, says Andrew Carrier , member of the executive committee at blockchain finance firm Quant. “We also see great progress being made in the stablecoin space, which often crosses over with CBDCS. .

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PYMNTS

AUGUST 21, 2018

Might it be blockchain’s turn to shine amid pockets of economic turmoil? It’s no secret that blockchain is becoming ever more divorced from bitcoin, with which it has been traditionally associated. Blockchain, he said, can offer accurate and up-to-date figures on the money supply within a given network.

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PYMNTS

MAY 11, 2020

.” He provided remittances, stablecoins and some tokens as scenarios in which digital currency upstarts might appear more akin to banking services. a blockchain loyalty system, and Korean luxury retail chain Shinsegae Duty Free have joined forces to allow rewards points to be managed on the blockchain, Cointelegraph reported.

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PYMNTS

JULY 11, 2019

In some cases, blockchain is being deployed, sometimes with cryptocurrencies as part of the equation. It should be evident that there is value in taking the guesswork out of the equation — and value lies, too, Singh asserted, in using cryptos and blockchain in B2B. Transactions settle in one business day, he said. The Volatility.

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PYMNTS

NOVEMBER 7, 2019

The Financial Stability Board, which is basically the G20’s financial regulatory arm, concluded last year that, although blockchain ‘currencies’ such as Bitcoin were problematic from an investor protection angle, they did not yet pose any significant financial stability risks,” he said.

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Fintech News

JANUARY 24, 2024

Paxos is a New York-headquartered financial institution and technology company specialising in blockchain technology. The platform supports cryptocurrency trading, including Bitcoin and Ethereum, and provides a web interface, mobile applications, an NFT marketplace, and staking services.

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PYMNTS

JUNE 12, 2019

Fireblocks is currently integrated with 15 digital asset exchanges, and offers support for over 180 cryptocurrencies, tokens and stablecoins. “While blockchain-based assets by themselves are cryptographically secure, moving digital assets is a nightmare.

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