The MAS has said that rising malware scam cases in Singapore have nothing to do with cryptocurrencies. On the contrary, it claimed, such scams are more prevalent in the fiat economy.
Category: p2p payments
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Indian central bank-backed NPCI begins blockchain recruitment
Singapore, Malaysia, the UAE, France, Benelux countries, Nepal and the U.K. have adopted the NPCI’s UPI payments system to varying degrees.
Crypto P2P scams in India show digital asset education is needed
Scammers have made it impossible for Indian crypto traders to conduct P2P trades owing to several police complaints and bank account freezes that follow.
Bitcoin Lightning on Coinbase agenda, Brian Armstrong tells Jack Dorsey
Armstrong confirmed that Coinbase was looking into adding support for Bitcoin Lightning while reassuring his support for Bitcoin payments.
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Tether signs MoU with Georgia to develop Bitcoin P2P infrastructure
The collaboration intends to bring changes to public administration and the business sector.
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Money stored on mobile payment apps may not be FDIC insured, US watchdog warns
Deposits on mobile payment apps may not be insured by the FDIC, and customers may not know whether their money is insured or not.
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Bitcoin Lightning Network is 1,000x cheaper than Visa and MasterCard: Data
Glassnode data demonstrates that the Lightning Network outcompetes traditional payment networks in terms of commission costs.
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Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape
Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives.
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Circle exec to join US Congressional committee hearing on stablecoin payments, legislation
The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.”
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Paxful shutdown hits Nigeria harder than the rest of the world, here’s why
Paxful’s shutdown has left its global community heartbroken, but it has significantly impacted the Nigerian community, where it pioneered P2P crypto use.
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