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Payoneer chief executive officer Scott Galit has dismissed the idea of a single global currency like bitcoin as unrealistic. Galit argued that he doesn’t believe countries like the U.S. will ever allow citizens to pay taxes in bitcoin because of too much volatility in the price of the cryptocurrency. Also read: Former Mt. Gox CEO Says … Read more
Payment services giant Visa will reportedly purchase Ripple partner Earthport for over $251 million Go to Source Powered by WPeMatico
The National Bank of Kuwait has integrated RippleNet’s blockchain technology to expedite cross-border money transfers Go to Source Powered by WPeMatico
Bitcoin-supporting payments firm Square has been named Yahoo Finance Company of the Year Go to Source Powered by WPeMatico
A Rio de Janeiro supermarket chain, Oásis Supermercados, is now accepting payment in bitcoin core, bitcoin cash and litecoin. It joins a growing number of Brazilian businesses in construction, ecommerce, hospitality and transport, already taking payment in cryptocurrency. Also read: Pan-African Bitcoin Exchange Kubitx Goes Live, Launches OTC Wallet Shopping the Cryptocurrency Way Beginning Dec. 18, … Read more
The number of unique addresses on the Bitcoin Core (BTC) network is constantly growing but only 37 percent of them are “economically relevant,” according to a recent study by Chainalysis. The vast majority of them – 86 percent – are controlled by service providers and the rest are used by private investors. Another key finding … Read more
Facebook is reportedly developing a cryptocurrency for transfers in WhatsApp, targeting the remittances market in India Go to Source Powered by WPeMatico
A Western Union exec says company is technologically ready for “any kind of currency,” potentially including crypto Go to Source Powered by WPeMatico
Hardware wallet supplier Ledger signed an agreement with a Hong Kong-based crypto payment startup to allow its clients to pay for products with digital currencies Go to Source Powered by WPeMatico
Bitcoin payment processor OpenNode has purportedly raised funds from Tim Draper and early stage venture capital firm Draper Associates Go to Source Powered by WPeMatico