Stablecoin payments: Visa shares plans for ‘ambitious’ crypto product
Visa’s upcoming crypto product is designed to drive mainstream adoption of public blockchain networks and stablecoin payments. Go to Source Powered by WPeMatico
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US Court Sentences Russian Crypto Ransom Launderer to Probation and Fine
A Russian crypto entrepreneur, charged with laundering money from ransomware attacks, has been sentenced to probation and fined in the U.S. after pleading guilty. Founder of two coin trading platforms, Denis Dubnikov, was arrested in the Netherlands and extradited to the U.S. last year. Oregon Court Sentences Russian for Processing Ryuk Payments A Russian national … Read more
Chinese city public servants to receive digital RMB salaries from May
Civil servants including public service personnel, public institution personnel and personnel of state-owned units at all levels in the city will be compensated in digital RMB payment. Go to Source Powered by WPeMatico
China and Singapore team up to scale green and transition financing
China and Singapore will collaborate “on concrete initiatives that will catalyze capital flows to support a credible and inclusive transition to a low carbon future for our countries and the region.” Go to Source Powered by WPeMatico
Lack of regulatory clarity on payment solutions could undermine US sanctions, says expert
Anja Manuel said U.S. sanctions generally work with “responsible” blockchain firms but not when there are fintech solutions available to individuals looking to circumvent them. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
Fireblocks VP: Big names won’t go back after discovering crypto payments’ potential
Ran Goldi, the vice president of payments at Fireblocks, believes that affordability and speed will keep big brands that have implemented crypto payments in the last two years. Go to Source Powered by WPeMatico
Russia Developing Payment Gateways With Partners Like Turkey, Mulling Crypto Settlements
Bank of Russia is building a system of gateways with foreign payment networks and is now working with Turkey in this field. Russia’s monetary authority would also allow the experimental use of cryptocurrencies in foreign economic activities, its head was quoted as saying. Russia’s Central Bank ‘Actively Working’ With Turkey on New Payment Gateways The … Read more
Israel’s central bank says CBDC could be issued if stablecoin use increases
The Bank of Israel does not want private companies taking over the digital payments system in the country. Go to Source Powered by WPeMatico
MicroStrategy’s Saylor fuses work email address with Bitcoin Lightning
Fans of the Bitcoin bull have been transferring him 21 Satoshis as a way to test out the feature. Go to Source Powered by WPeMatico
