Payments

Coinbase

Coinbase’s Retail Payments Wing Crosses $200M in Transactions

Coinbase Commerce's 8,000 retailers have processed more than $200 million since its launch two years ago.

Business  ·  27 March 2020
Cryptocurrency

80% of Australians Know About Crypto but Only 1% Use It: Central Bank Study

Fewert than 1 percent of surveyed Australians paid for consumer goods with cryptocurrency in 2019, according to a new study by the Reserve Bank of Australia.

Policy & regulation  ·  20 March 2020
Thailand

Thai Remittance Platform Starts Processing Ripple Payments

DeeMoney has become the first non-banking institution to use RippleNet in Thailand.

Business  ·  19 March 2020
Hires

PayPal’s Financial Crimes Division Is Seeking a Blockchain Expert

The payments giant is seeking a blockchain expert to help identify use cases for the tech in the prevention of financial crimes.

Business  ·  18 March 2020
Coinbase

Coinbase Card Users Can Now Make Crypto-Backed Payments With Google Pay

Card holders will be able to make crypto-backed payments from any Google Pay-enabled device.

Business  ·  17 March 2020
Payments

Opera Browser Adds Apple Pay, Debit Card Cryptocurrency Purchase Options

The Opera browser app has partnered with e-payments startup Wyre to expand its built-in wallet’s crypto buying power.

News  ·  17 March 2020
Payments

Bakkt Touts New Payment Integration With Starbucks

Users of the Starbucks iPhone app are now being presented with “Bakkt Cash” as a payment option.

Business  ·  16 March 2020
Regulation

Crypto Payments Firm Halts Operations Citing Singapore’s New Regulatory Regime

Singapore-based Coinpip said it has "suspended operations" while it looks at becoming licensed under new AML rules.

Business  ·  13 March 2020
Cryptocurrency

Chase Bank Settles Suit Over ‘Sky-High’ Credit Card Charges for Crypto Purchases

The bank had allegedly charged the plaintiff over $160 in fees and interest for regularly purchasing cryptocurrencies with his credit card.

Policy & regulation  ·  12 March 2020
Banking

Samsung to Target EU Payments Sector With Blockchain-Based Solution for Banks

The platform will use blockchain to automatically input payments data into bank records.

Tech  ·  4 March 2020
CBDCs

BIS Paper Reckons With P2P Payments, Tokenized Securities, Central Bank Digital Currencies

Researchers at the Bank for International Settlements say the future of payments may be peer to peer, but a number of considerations must be satisfied before distributed ledger-based systems can go mainstream.

Policy & regulation  ·  1 March 2020
Exchanges

Binance Now Supports Deposits and Withdrawals in Hong-Kong Dollars

The exchange has opened a fiat gateway for Hong Kong dollars, serving a jurisdiction in which banking services for crypto firms are notoriously tough to find.

Markets  ·  24 February 2020
Exchanges

Norwegian Air May Allow Customers to Pay With Crypto as Soon as Spring

Norwegian Air would accept cryptocurrency payments via crypto exchange NBX.

Business  ·  20 February 2020
Brazil

Brazil’s Central Bank to Launch Near-Instant Payments as a Response to Cryptocurrencies

The PIX payments system is coming to Brazil later this year, promising almost instant transfers for individuals and businesses.

Policy & regulation  ·  20 February 2020
Bitcoin

OpenNode Finds Way for Retailers to Turn Fiat Payments Into Bitcoin (Using Apple Pay)

Bitcoin-loving retailers can now receive BTC from customers paying in fiat.

Business  ·  19 February 2020