Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry

Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto IndustryDuring the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has put the concept on hold […]

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Mastercard Debuts Blockchain Surveillance Tool for Banks and Crypto-Centric Card Issuers

On Tuesday, the multinational financial services corporation Mastercard revealed that it is launching a new crypto monitoring product called Crypto Secure. The Crypto Secure software aims to leverage artificial intelligence (AI) algorithms in order to help banks and crypto-centric debit card issuers identify fraudulent crypto transactions. Mastercard, Ciphertrace Introduce New Crypto Monitoring Product Called Crypto […]

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Payments Giant Stripe Rolls Out Pilot to Test Crypto Payouts With Twitter

Payments Giant Stripe Rolls out Pilot to Test Crypto Payouts With TwitterOn April 22, the payments giant Stripe announced that it is expanding global payouts with crypto assets via a new pilot. Stripe’s crypto executive Karan Sharma revealed crypto payouts for the firm’s Connect service to a select group of Twitter users as the social media platform is Stripe’s first partner. Stripe and Twitter Partner to […]

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Payments Giant Visa Launches NFT Program to Support Digital Artists 

Payments Giant Visa Launches NFT Program to Support Digital Artists Visa, one of the leading credit and payments companies, has announced the creation of a program that will allow artists to understand how they can use new technologies like NFTs. According to Visa, NFTs have the potential of evening out the field for artists, allowing them to close the gap between art and its potential […]

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Payments Giant Mastercard Acquires Blockchain Intelligence Firm Ciphertrace

Payments Giant Mastercard Acquires Blockchain Intelligence Firm CiphertraceMastercard, the American multinational financial services corporation, announced the company is dipping further into the digital asset ecosystem by acquiring the blockchain intelligence firm Ciphertrace. The partnership announcement says the firm will help bolster Ciphertrace’s and Mastercard’s cyber security solutions. Mastercard Purchased Ciphertrace for Undisclosed Sum On Thursday, the financial payments giant Mastercard (NYSE: MA) […]

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