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
Payments
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Stablecoin exodus: Why are investors fleeing crypto’s safe haven?
Stablecoins have seen a 17-month decline as investors move to traditional assets. What needs to happen for the exodus to stop? Go to Source
Mt. Gox Bitcoin repayment: The day that never comes
Over the years, Mt. Gox has repeatedly backtracked on plans to reimburse the funds that the crypto exchange had barred its users from withdrawing — effective from Feb 25, 2014. Go to Source
Crypto payment firm Alchemy Pay wins money transmitter license in US
Alchemy Pay has joined the ranks of crypto firms like Coinbase and Jack Dorsey’s Block in securing a Money Transmitter License in Arkansas. Go to Source
PayPal rolls out PYUSD stablecoin to Venmo users
The payments platform said PayPal USD will be “rolling out fully in the coming weeks” after announcing its launch on Venmo. Go to Source
Privacy prevails and cypherpunks write code at Baltic Honeybadger
The Riga cypherpunk reunion convened around the Lightning Network, privacy and a strong anti-CBDC sentiment. Go to Source
FTX seeks to reverse payments made to Shaq, Naomi Osaka and Miami Heat
FTX laid out the millions it paid to the likes of Shaquille O’Neal, Naomi Osaka and other high-profile people it’s looking to get back. Go to Source
Singapore regulatory sandbox lacks qualified crypto payment providers
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. Go to Source
CFPB examines Big Tech’s role in mobile payment systems ahead of rulemaking
The U.S. Consumer Financial Protection Bureau has focused on the role of Apple and Google in mobile payments with a critical eye. Go to Source
Visa taps into Solana to widen USDC payment capability
The global payments firm has expanded its stablecoin settlement capability to include USDC tokens issued on the Solana blockchain. Go to Source