Payments

Payments

Sotheby’s to Accept Crypto for Rare 100-Carat Diamond in Upcoming Auction

“The most ancient and emblematic denominator of value can now, for the first time, be purchased using humanity’s newest universal currency.”

Business  ·  21 June 2021
CBDCs

European Central Bank Can Better Protect Digital Payment Privacy, Exec Board Member Says

Privacy in the digital euro is a focal point for Europeans as are concerns of security and interoperability.

News  ·  21 June 2021
Funding Rounds

UK Crypto Startup Ramp Raises $10M

Ramp brands itself as the "PayPal for crypto" service.

News  ·  15 June 2021
Payments

JPMorgan Job Posts Hint at Bank’s Broader Cryptocurrency Ambitions

The megabank is on the hunt for its first crop of crypto-savvy employees. Experience with bitcoin and ethereum is “a huge plus.”

News  ·  3 June 2021
Coinbase

Coinbase Debit Card Now Works With Apple Pay

The integration brings the crypto exchange’s rewards-heavy spending tool to the iPhones of U.S. users.

Business  ·  1 June 2021
Banks

UK’s Starling Bank Temporarily Blocks User Payments to Crypto Exchanges: Report

Customers of Barclays and Monzo have also been complaining of difficulty making deposits on exchanges, according to The Telegraph.

Business  ·  31 May 2021
PayPal

PayPal Will Let Customers Withdraw Crypto, Exec Says

"We want them to be able to take the crypto they acquired with us and take it to the destination of their choice," says Jose Fernandez da Ponte.

Business  ·  26 May 2021
Payments

Apple Is Looking for Crypto Experience in ‘Alternative Payments’ Job Post

Apple’s payments unit is looking for a crypto-savvy biz-dev specialist to lead partnership efforts.

Business  ·  26 May 2021
Payments

Stellar Foundation Invests $15M in AirTM to Boost Financial Services in Latin America

The investment extends the Stellar network's reach into Latin America and aims to improve digital payments across the region.

Business  ·  25 May 2021
Payments

Staff at Biggest Dutch Domino’s Pizza Franchise Can Now Be Paid in Bitcoin

The franchisee with 16 Domino’s stores is partnering with BTC Direct to offer the salary option to its 1,000 employees.

Business  ·  22 May 2021
PayPal

Why It’s Tough to Send Aid Money to Palestine During the Latest Israel-Hamas Conflict

Banks in Israel and around the world are restricting business relationships with what they consider to be risky clients.

News  ·  21 May 2021
Payments

Greenpeace Stops Accepting Bitcoin Donations, Cites High Energy Use

Friends of the Earth is reported to be reviewing the situation, too.

News  ·  21 May 2021
Acquisitions

Crypto Card Provider Simplex Being Acquired by Canadian Firm for $250M

The Visa network member provides users with crypto on-ramp/off-ramp capabilities using debit and credit cards.

Business  ·  7 May 2021
Insurance

Auto Insurer to Allow Policyholders to Send, Receive Payments in Bitcoin

San Francisco-based Metromile will purchase $10 million worth of bitcoin to offer policyholders an option for payment of claims.

Business  ·  6 May 2021
Payments

Bakkt App Will Allow Users to Spend Crypto on Cantaloupe’s Retail Network

The new partnership will mean bitcoin and loyalty points can be used to buy items at more than a million Cantaloupe retail devices.

Business  ·  6 May 2021