Bookmarking Crypto Insights
Auto Added by WPeMatico
Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy, partnering with Paysafe and Checkout.com. Bitfinity Launches to Help Merchants Accept Crypto … Read more
Binance’s new payment affiliate Bifinity will provide a $36 million convertible loan to the Nasdaq-listed digital asset firm Eqonex. Go to Source Powered by WPeMatico
The world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation although Russians will be able to use their cards inside the country. Card Payment Giants Visa and Mastercard Add to Pressure on Russia Over Ukraine … Read more
A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech companies have been limiting operations in the Russian Federation also in response to Kyiv’s call for help. Payments Giant Paypal Halts Services in Russia, Maintains … Read more
Residents of the Switzerland city will be able to pay taxes, parking tickets, public services and tuition fees using crypto. Go to Source Powered by WPeMatico
The ultimate goal is to accept crypto for payment of all goods and services in the city of Lugano, the city administration said. Go to Source Powered by WPeMatico
“The regulatory framework surrounding cryptocurrency is going to change dramatically, so we always believe in staying on the right side of the law,” says Adam Aron, CEO of AMC Entertainment. Go to Source Powered by WPeMatico
Analysts from Venezuela have expressed their worries about the expulsion of a number of Russian banks from SWIFT, an international messaging system that allows the interconnection of banks. These measures could affect the finances not only of Venezuela, but also of other countries in the region, damaging their capability to move funds, which is highly … Read more
The president and chief executive officer of Ebay, Jamie Iannone, discussed the possibility of digital currency acceptance on the online auction website and non-fungible token (NFT) sales in a recent interview published on February 27. Iannone stressed that currently, Ebay doesn’t accept cryptocurrencies but in March, the company plans to go “deeper on all of … Read more
Established in 2019, MUFG’s blockchain payments project GO-Net Japan is shutting down due to low expected profitability. Go to Source Powered by WPeMatico