Singapore startup dtcpay launches retail crypto payments system with Chinese partners
Dtcpay, formerly Digital Treasures Center, is MAS-registered and already provides some point-of-sale and online crypto payment services. Go to Source
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Wirex taps ZK-proofs for non-custodial crypto debit card issuance
Wirex first launched its crypto debit card in 2015 and currently claims over six million customers. Go to Source
Digital Yuan app adds prepaid Mastercard VISA top-ups for tourists
The Digital Yuan app now allows tourists to top-up e-CNY wallets with Mastercard & VISA payment with ‘recharge first and use later’ option. Go to Source
Mastercard and Binance end crypto card partnership in Latin America: Report
Visa also reportedly stopped issuing new co-branded cryptocurrency cards with Binance in Europe as of July. Go to Source
Ripple, Consensys participate in Mastercard program to promote CBDC innovation
The payment processor has enlisted a range of market players in its quest for innovation and efficiencies in a technology that 93% of central banks are investigating. Go to Source
Cryptopay EU card provider loses license, company says card funds are safe
The EU Cryptopay cards may stop working soon as the Bank of Lithuania has revoked the EMI license of the app’s provider, UAB PayrNet. Go to Source Powered by WPeMatico
Indonesia Introducing New National Payment System to Protect Against ‘Geopolitical Consequences’
Indonesia is introducing a new national payment system as the country furthers its de-dollarization efforts and protection against “possible geopolitical consequences.” The new payment system will replace Visa and Mastercard in state-owned institutions and companies, a top central bank official said. “We expect that very soon it will become widespread.” Indonesia Establishes New National Payment … Read more
Consensus 2023: Businesses show interest in Web3, despite U.S. regulatory challenges
Despite negative sentiment toward crypto adoption in the United States, Consensus 2023 attracted thousands of attendees to discuss the potential of blockchain technology and cryptocurrency. Go to Source Powered by WPeMatico
Mastercard launches Web3 user verification solution to curb bad actors
Mastercard’s new solution revolves around providing “secure transactions between users, verified according to standards” set by the company. Go to Source Powered by WPeMatico
Binance Reportedly Removes Restrictions on Russian Users
The world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on their balances which was introduced in compliance with European sanctions. Russian Cards, Including Visa … Read more