PayPal releases new consumer app for crypto, savings and direct deposits
The app offers customers the ability to manage all PayPal-related transactions from a single dashboard. Go to Source Powered by WPeMatico
Fintech
Auto Added by WPeMatico
Bitcoin is great, but real crypto innovation has moved elsewhere
Bitcoin will always be the boss, but the real innovative and groundbreaking developments are happening in layer-2 solutions, DAOs, NFTs with utility and the emerging Metaverse. Go to Source Powered by WPeMatico
Zimbabwean Minister Says Cryptocurrency Based Solutions ‘Could Lower Charges for Diaspora Remittances’
The Zimbabwean minister of finance, Mthuli Ncube, has once again talked up the potential advantages of using cryptocurrencies. In new comments made shortly after visiting the DMCC Crypto Centre in Dubai, Ncube raises the possibility that the country might use cryptocurrency-based solutions to lower the cost of remitting funds across borders. Understanding Cryptocurrencies Prior to … Read more
Finance Redefined: DeFi’s $4M lobsters and Solana gaming, Sept. 6–10
Lobsters support DeFi’s endeavours amid regulatory clampdowns — all that and more, only in Finance Redefined. Go to Source Powered by WPeMatico
E-Naira Countdown: Nigerian Experts Question Selection of Bitt Inc as Central Bank’s Fintech Partner
Nigerian fintech entrepreneurs have slammed the Central Bank of Nigeria (CBN)’s decision to select Bitt Inc as its fintech partner. They insist that the choice of Bitt Inc, a Barbados based firm, undermines central bank claims that it is “fighting for the naira in the forex market.” Bitt Inc’s Market Capitalization In fact, as the … Read more
Afterpay tells Senate inquiry crypto could slash merchant payment costs
Afterpay told the Australian Senate that using crypto could cut payments costs for merchants, and that the government should work to create a framework for an AUD-backed stablecoin. Go to Source Powered by WPeMatico
BTC Markets taps licensed neobank Volt for integrated banking features
Fintech companies see an opportunity in the negligence and reluctance of traditional banks toward the cryptocurrency ecosystem. Go to Source Powered by WPeMatico
Report: Nigerian Securities and Exchange Commission Sets Up Fintech Division for Crypto Research
Nigeria’s securities regulator, the Nigerian Securities and Exchange Commission (SEC) has set up a fintech division “to study crypto investments.” This was revealed by Lamido Yuguda, the director-general of the SEC during an interview. Protecting Crypto Investors In the interview, Yuguda explains that the study’s findings will help inform the SEC of the best ways … Read more
Finance Redefined: Swindling the lender and a $100M pot, Aug. 30–Sept. 3
Hackers run wild, but DeFi marches on; all covered in this weeks Finance Redefined. Go to Source Powered by WPeMatico
UK-based banking firm Standard Chartered joins Global Digital Finance patron board
The bank joins Coinbase, Huobi, SIX Digital Exchange, 100x Group, and other industry leaders to advocate for the adoption of digital assets. Go to Source Powered by WPeMatico