Payments

Stablecoins

Wells Fargo to Pilot Dollar-Linked Stablecoin for Internal Settlement

U.S.-based financial giant Wells Fargo is developing a digital dollar that will run on the firm’s first blockchain platform.

Business  ·  17 September 2019
JPM Coin

Deutsche Bank Joins JPMorgan’s Crypto Payments Network

JPMorgan's blockchain-based interbank payments initiative, IIN, has added Deutsche Bank as its latest member, bringing the total to 320 banks.

Business  ·  16 September 2019
Payments

Largest Bitcoin ATM Network Coinme Raises New Funding from Ripple’s Xpring 

Coinme, which provides kiosks and ATMs for digital currencies, raised $1.5 million in a Series A financing round.

Business  ·  13 September 2019
Payments

Mastercard, R3 to Develop Blockchain Cross-Border Payments Platform

The card giant is to develop a blockchain-powered cross-border payments platform in partnership with enterprise-focused blockchain firm R3.

Business  ·  11 September 2019
Europe

Facebook Libra Is Seeking to Register as a Payment System in Switzerland

The non-profit set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland.

Policy & regulation  ·  11 September 2019
Payments

Cryptocurrency Has ‘Long-Term Potential,’ Says Apple Exec

Apple is "watching cryptocurrency," according to an executive at Apple Pay.

Business  ·  5 September 2019
Crime

Crypto Sleuthing Firm Elliptic Raises $23 Million in Fundraise Led by SBI

Blockchain forensics firm Elliptic has raised $23 million in Series B round led by Tokyo-based financial institution (and XRP holder) SBI.

Policy & regulation  ·  4 September 2019
Payments

‘Big 4’ Auditor PwC’s Luxembourg Office to Accept Crypto Payments

"Big Four" auditing firm PwC's Luxembourg branch will accept cryptocurrency payments from clients starting next month.

Markets  ·  3 September 2019
BitPay

$100K Crypto Donation to Amazon Rainforest Charity Blocked By BitPay

A large donation to a non-profit working to protect the Amazon rainforest has been blocked by compliance hurdles at crypto payments firm BitPay.

Tech  ·  23 August 2019
Staking

New Flexa Tech Will Let You Spend Bitcoin From Other Apps Too

Mobile wallets and other apps will soon be able to plug into Flexa's payment rails and offer crypto payments to retailers.

Markets  ·  21 August 2019
Payments

South Korea’s Woori Financial Teams up with Kakao’s Crypto Payments Group

The banking company is latest major organization in the country to join the blockchain rush.

Markets  ·  21 August 2019
Basic Attention Token

Brave Browser Adds Access to New Crypto Wallets

Prior to the addition, Brave users could only place BATs in Uphold, a wallet Brave partnered with for BAT.

Tech  ·  16 August 2019
Payments

Terra Signs Music Streaming Platform to Crypto Payments Alliance

The music steaming service will join twenty-five partners in a South Korean crypto payments alliance.

Markets  ·  14 August 2019
UK

UK’s Pensions and Welfare Department Eyes DLT for Faster Payments

The U.K. Department for Work and Pensions is investigating distributed ledger technology as a way to boost its payments systems.

Tech  ·  13 August 2019
Wallets

Kakao Teases 2019 Launch of Crypto Wallet, Dapp Partners

Messaging app giant Kakao – which launched its own blockchain in June – has teased the release of a crypto wallet dubbed "Klip" later this year.

Business  ·  12 August 2019