Payments – Page 53

Fiat-to-crypto onramp Simplex integrates SEPA Instant for European partners

“We’re delighted to add SEPA Instant to our growing portfolio of payment methods, giving our partners’ users the power to make instant wire transfers of up to €100,000, 24/7,” said Simplex CEO Nimrod Lehavi.

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China’s central bank worried about stablecoins’ risk to financial systems

While Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial systems.

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InComm Payments merchants can now accept crypto through Flexa

Payments are the next major hurdle for global cryptocurrency adoption. A new partnership between Incomm Payments and Flexa will enable crypto payments for hundreds of thousands of merchants worldwide.

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Visa reports over $1 billion in crypto spending in H1 2021

Payment giant Visa will continue connecting the crypto economy to its “network of networks” to support the broader digital transformation of financial services.

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Binance disappointed by Barclays’ ‘unilateral action’ to block customer payments

A Binance spokesperson reiterated to Cointelegraph that the Financial Conduct Authority’s recent edict only applied to Binance Markets Limited, or BML, which is a separate legal entity from the main global exchange that operates through Binance.com.

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Bitcoin volatility still a concern for CEO of BNY Mellon subsidiary

Francesca Fornasari believes that Bitcoin may not be suitable for most institutional investors.

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Institutional exchange launches crypto debit card

Touted for its ability to allow users to “leverage the digital assets in their day-to-day lives,” the Bakkt Visa debit card is now available for online and in-store purchases.

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Privacy Is Key for Successful Digital Euro, Data Protection Body Says

The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital version of the euro. The agency is ready to provide advice on data protection matters surrounding the project. Meanwhile, an ECB executive has vowed that the digital euro will protect users’ privacy. EDPB Insists Data […]

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Sotheby’s will allow people to trade their crypto for an ‘intrinsically worthless’ rock

Is the auction house betting that diamonds will become a crypto user’s best friend?

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Basketball Players in Canada to Be Paid in Bitcoin

CEBL, the Canadian men’s basketball league, will offer its professional basketball players the option to receive a portion of their salary in cryptocurrency. The new payment option has been enabled through a partnership with the Canadian cryptocurrency exchange Bitbuy. Bitbuy to Convert Canadian Dollar Salaries Into Bitcoin The Canadian Elite Basketball League (CEBL) announced the […]

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