Payments

Banking

Crypto Portfolio App Ember Seeks $1 Million in SEC-Registered Securities Sale

Ember Fund, makers of an AI-managed cryptocurrency portfolio app, is seeking to raise up to $1 million through an SEC-registered securities sale.

Business  ·  1 November 2019
Europe

Pre-Brexit, Koine Wins E-Money License From UK’s FCA, Now Seeking Luxembourg, UAE, US Permissions

Digital asset custodian Koine secured an e-money license from U.K. regulators, while it now looks abroad to prepare for a future Brexit.

Business  ·  31 October 2019
Payments

‘Clicks and Bricks’ Strategy to Drive Korean Users to Terra’s Blockchain

Terra Blockchain's CHAI dapp is rolling out a back-to-basics "clicks and bricks" growth strategy to boost retail adoption in South Korea.

Tech  ·  29 October 2019
Coinbase

CEO: Coinbase Has Earned $2 Billion in Transaction Fees Since 2012

Coinbase turned a profit since 2017 and has earned $2 billion in transaction-fee revenue since its founding in 2012.

Markets  ·  24 October 2019
Payments

Tencent Says Libra Would Pose Serious Threat to Alipay, WeChat Pay

Chinese internet giant and parent of WeChat, Tencent said Libra would pose serious risks to current digital payment systems in the country.

Tech  ·  24 October 2019
Payments

Blockstack’s STX Token Now Traded on Binance and HashKey Pro

The advance is set to expand investors' access to Stacks (STX) – especially in Asia, a "priority region" for Blockstack.

Tech  ·  23 October 2019
Regulation

Ripple Boosts Blockchain Advocacy Efforts With DC Office

Ripple has opened a new D.C. office and expanded its regulatory team as it seeks to better educate policymakers on blockchain tech.

Policy & regulation  ·  22 October 2019
Lightning Network

As Lightning’s Economy Takes Shape, Devs Are Split on Proposed Fee Hike

At the lightning network's inaugural conference in Berlin, the future economics of the bitcoin payment technology took center stage.

Tech  ·  21 October 2019
Regulation

Libra Could Drop ‘Basket’ and Issue Individual Fiat Stablecoins

Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate.

Policy & regulation  ·  21 October 2019
Europe

France’s Le Maire Attacks Facebook’s ‘Political’ Ambitions With Libra

The French finance minister has said Libra is an "unacceptable" challenge to state sovereignty and suggested political motives behind the project.

Policy & regulation  ·  17 October 2019
Banking

Blockchain-Shy Bank of America Quietly Pilots Ripple Technology

Bank of America, the second-largest U.S. bank, has discreetly tested out Ripple’s distributed ledger technology – and may be planning to do more with it.

Business  ·  17 October 2019
Regulation

US Treasury Secretary: Regulatory Fears Forced Libra Exodus

U.S. Treasury Secretary Mnuchin said backers of Facebook’s Libra withdrew from the project, fearing it would not meet regulatory standards.

Policy & regulation  ·  14 October 2019
Payments

5 Top Car Makers Enter Field Trials for Automatic Blockchain Payments

Renault, BMW, General Motors, Honda and Ford are set to begin real-world testing of blockchain IDs for cars next month.

Tech  ·  14 October 2019
Ethereum

Draper-Backed Startup Launches .Crypto Domains on Ethereum

Unstoppable Domains, which builds domains on blockchains, has just launched a .crypto extension that can replace public crypto addresses.

Tech  ·  11 October 2019
Blockchain

Bank of America Is Now Hiring in Blockchain, Not Just Filing Patents

The second-largest U.S. bank has begun hiring for blockchain positions.

Business  ·  11 October 2019