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“# Fireblocks acquires stablecoin payments platform First Digital ” Blockchain infrastructure company Fireblocks has finalized the acquisition of First Digital, a stablecoin and digital asset payment platform, as part of a broader effort to expand its payment capabilities for the cryptocurrency sector. The acquisition gives Fireblocks additional resources to enable payment service providers to acquire…
“# Consumer-merchant mismatch slows down mainstream crypto adoption: Survey ” The secret to fast-track cryptocurrency’s mainstream adoption lies within addressing a contradicted consumer demand for crypto payments across business verticals, reveals a new survey. In a study participated by crypto exchange Crypto.com’s 110,000 customers and over 1.5 million Worldpay merchants, roughly 60% of both merchants…
“# Here’s how much digital yuan is being used at the Olympics, according to the PBoC ” The 2022 Winter Olympics participants, visitors and organizers could be spending more than $300,000 in China’s digital yuan every day, according to new reports citing officials from the People’s Bank of China (PBoC). The e-CNY, China’s central bank…
“# Canada invokes ‘Emergencies Act’ targeting crowdfunding and crypto ” Canadian Prime Minister Justin Trudeau has invoked the Emergencies Act, which gives him the power to freeze Freedom Convoy protesters’ bank accounts and monitor “large and suspicious transactions,” including crypto. Deputy Prime Minister Chrystia Freeland said in a press conference on Feb. 14 that this…
“# Digital yuan transactions beat out Visa at Winter Olympics venue: report ” On the day of the opening ceremony of the Beijing 2022 Winter Olympics, there were reportedly more transactions made in China’s central bank digital currency than those through Visa. In a Wednesday report from the Wall Street Journal, a person familiar with…
“# Alchemy Pay gains 77% after exchange listings and cross-chain integrations ” The cryptocurrency ecosystem has come a long way since the launch of Bitcoin (BTC) and in the last few years smart contracts have revolutionized the industry. With that said, there is still plenty of progress to be made when it comes to integrating…
“# Solana Pay launches to expand crypto e-commerce market ” Solana Pay is a peer-to-peer payments infrastructure designed to enable the global market of online merchants and point-of-sale providers the ability to accept and settle payment transactions in a panoply of digital assets. A joint collaboration between Solana Labs, Checkout.com, Circle and Citcon, in addition…
“# Crypto payment card ‘top priority’ for Binance Ukraine in 2022 ” Major cryptocurrency exchange Binance continues pushing operations in the Commonwealth of Independent States (CIS) by preparing a new crypto payment card in Ukraine. Binance is looking to reach a dominant position in the crypto market of Ukraine by offering a wide range of…
“# PayPal stablecoin: What it could mean for payments ” PayPal confirmed on Jan. 8 it is “exploring a stablecoin” that could be called PayPal Coin after a developer found evidence of such a stablecoin within the source code of the company’s iPhone app. PayPal senior vice president of crypto and digital currencies Jose Fernandez…
“# SEC approves BSTX for blockchain settlements on traditional markets ” The Boston Security Token Exchange (BSTX), a new facility of the Boston-based BOX exchange, received regulatory approval from the United States Securities and Exchange Commission (SEC) to operate as a blockchain-based securities exchange. BSTX was launched jointly by BOX and Overstock’s blockchain arm tZERO,…