Payments

Litecoin

Litecoin Payments Startup That Won Trader Favor Abruptly Shuts Down

Litecoin merchant processor LitePay is closing up shop.

Business  ·  26 March 2018
Investments

Alibaba Payment Affiliate Rules Out ICO Fundraising

Ant Financial Services Group, Alibaba's payment affiliate and operator of AliPay, has taken a critical stance over initial coin offerings.

Business  ·  26 March 2018
Banking

9 Malaysian Banks Team Up for Trade Finance Blockchain Apps

Nine Malaysian banks have teamed up to develop blockchain applications for trade finance, according to the country's central bank.

Business  ·  23 March 2018
Payments

Blockchain Remittances Face Efficiency Hurdle, Says Taiwan Central Bank

A trialed blockchain system for interbank clearance was not as efficient as the current centralized system, says a central bank report.

Policy & regulation  ·  23 March 2018
Bitcoin

Bitcoin Will Be World’s ‘Single Currency’ Says Twitter CEO

Jack Dorsey has said he believes bitcoin will take over the U.S. dollar as the world's primary currency in 10 years or less.

Business  ·  21 March 2018
Regulation

South Korean Financial Watchdog Touts Blockchain in Fintech Plans

South Korea's Financial Services Commission plans to encoureage businesses to use blockchain tech in new payment systems and more.

Policy & regulation  ·  21 March 2018
Regulation

Korea Telecom Announces Blockchain For Network Security

South Korean telecom provider KT unveiled a new system based on a blockchain security-focused network.

Policy & regulation  ·  21 March 2018
Regulation

Israeli Regulator Outlines What Makes A Token a Security (Or Not)

The Israel Securities Authority also proposed an ICO sandbox in a recent report now in the hands of the agency's chair, who will decide how to proceed

Policy & regulation  ·  19 March 2018
Cryptocurrency

Singapore Central Bank Touts Blockchain for Payments

The chief of the Monetary Authority of Singapore has spoken of how blockchain's "strongest" use case is in cross-border settlement.

Policy & regulation  ·  16 March 2018
Patents

American Express Patent Filing Touts Blockchain for Faster Payments

American Express' travel and merchant arm has filed a patent application looking at using a blockchain to facilitate quick transactions.

Business  ·  15 March 2018
Payments

Taiwan Central Bank Chief Cautious on Central Bank Crypto

The new governor of Taiwan's central bank has said speculation has taken over from cryptocurrencies' original role as a payments tool.

Policy & regulation  ·  15 March 2018
Cryptocurrency

Playboy TV to Accept Crypto Payments for Adult Content

Playboy TV is launching a new payment option that will allow customers to access its exclusive content using cryptocurrencies.

Business  ·  14 March 2018
Banking

Europe’s Central Bank Touts Crypto As Underbanked Aid

A new opinion piece from European Central Bank officials discusses the important role a central bank-backed cryptocurrency could play in society.

Policy & regulation  ·  14 March 2018
Bitcoin

Square Seeks BitLicense to Bring Bitcoin Buying to NY

Square is in the process of applying for a BitLicense in a bid to expand its Cash App's bitcoin option to New York residents.

Policy & regulation  ·  13 March 2018
Thailand

Thai Bank Extending Ripple Remittances to Euro and Pound

Thailand's Siam Commercial Bank is adding two new currencies to its Ripple-based blockchain remittance platform.

Business  ·  13 March 2018