Payments

Regulation

US Lawmakers Call on Payment Giants to Exit ‘Chilling’ Libra Project

Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association.

Policy & regulation  ·  9 October 2019
Forex

Foreign Exchange Giant CLS Admits: No, We Don’t Need a Blockchain for That

Forex giant CLS is now using a blockchain to handle certain currency trades, but the technology is “not essential” for the task, an executive admits.

Business  ·  8 October 2019
Ethereum

NBA’s Sacramento Kings to Reward Loyal Fans With Crypto Tokens

Based on the ERC-20 standard, the Kings Token will be a first for a U.S. professional sports team.

Business  ·  7 October 2019
Regulation

Ohio Treasurer Suspends Predecessor’s Bitcoin Tax Payment Service

A website launched last year by the U.S. state of Ohio allowing businesses to pay a range of taxes with bitcoin has been taken offline.

Policy & regulation  ·  3 October 2019
Ethereum

IKEA in ‘World First’ Transaction Using Smart Contracts and Licensed E-Money

IKEA Iceland has taken part in a commercial transaction using ethereum smart contracts and EU-licensed blockchain e-cash to settle an order.

Business  ·  3 October 2019
Chainalysis

Ripple’s Xpring Launches Crypto, Fiat Payments That Integrate Into Any App

Xpring says its tech uses XRP ledger to make it possible for developers to integrate payments into any application.

Business  ·  2 October 2019
Venture Capital

Stripe-Backed Payments Firm Raises $100 Million to Compete Against Stablecoins

Rapyd raised $100 million in a Series C funding round to face off against the arrival of stablecoins.

Business  ·  1 October 2019
Bitcoin

This Crypto-Savvy Bank Is Building Bandwidth for Bitcoin Retail Payments

The German bank is set to help European retailers accept bitcoin payments in early 2020.

Business  ·  1 October 2019
Payments

Mall of America to Showcase Winklevoss-Backed Crypto Payments

New retail technologies, including crypto payments app Flexa, will be on display at a McKinsey-organized store at America's largest mall.

Markets  ·  26 September 2019
Regulation

Facebook’s Zuckerberg Appears to Put Libra Launch Date in Doubt

In an interview, Mark Zuckerberg suggested that it might be a while before the Libra cryptocurrency actually gets its launch.

Policy & regulation  ·  26 September 2019
IRS

CipherTrace Scout App Takes Crypto Investigations Mobile

Blockchain forensics firm CipherTrace has developed a mobile tool for flagging bitcoin and ethereum tokens with a criminal past.

Policy & regulation  ·  20 September 2019
JPM Coin

Wells Fargo’s Stablecoin ‘Faster, Cheaper’ Than SWIFT, Says Exec

Wells Fargo’s innovation lead says the bank’s new digital cash for internal transfers is faster and more efficient than SWIFT. 

Business  ·  20 September 2019
Banks

First Singapore Bank Joins JPMorgan’s Blockchain Payments Initiative

JPMorgan's blockchain payments network has just onboarded its first Singapore-based bank, OCBC.

Business  ·  20 September 2019
MakerDAO

Decentralized Employment Ecosystem Opolis to Integrate MakerDAO’s Dai Cryptocurrency

Opolis received a grant from MakerDAO to integrate its Dai cryptocurrency into its decentralized employer ecosystem for payroll and benefits.

Policy & regulation  ·  18 September 2019
Payments

People With Least Knowledge Most Positive on Crypto’s Future: ING

People with less knowledge about cryptocurrency are the most likely to be positive on its future, according to research from Dutch bank ING.

Tech  ·  18 September 2019