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“# Second largest US mortgage lender UWM dumps Bitcoin payment plans ” United Wholesale Mortgage (UWM), one of the largest wholesale and purchase lenders in the United States, is ditching Bitcoin (BTC) payment plans after running a test. UWM officially announced Thursday that the company has successfully conducted its first-ever cryptocurrency mortgage pilot, accepting five…
“# Stripe builds new crypto team for payments three years after dropping Bitcoin ” U.S. fintech giant Stripe is hiring a new blockchain team to enable crypto payments for its users. The $100 billion company is returning to the crypto sector three years after it pulled back from offering Bitcoin support due its slow transaction…
“# Russia doesn’t plan to follow in China’s footsteps by banning crypto outright, says deputy finance minister ” While Russia continues to enforce a ban on cryptocurrency payments as part of a law which took effect in January, the country has no plans at this time to completely prohibit trading by its citizens. According to…
“# Venezuelan international airport to accept Bitcoin payments: Report ” A major international airport in Venezuela is reportedly preparing to start accepting cryptocurrencies like Bitcoin (BTC) as payment for tickets and other services. Simon Bolivar International Airport is working to enable cryptocurrency payments to comply with local industry standards, regional news agency El Siglo reported on…
“# Bakkt crypto exchange partners with Google for payments ” Users who hold debit cards issued by cryptocurrency exchange Bakkt will be able to convert their crypto balances to make fiat payments using Google Pay. In an Friday announcement, Bakkt said it had partnered with Google to allow its users to purchase goods and services…
“# MoneyGram launches USDC settlement using the Stellar blockchain ” Financial services company, MoneyGram International, has partnered with the Stellar Development Foundation to enable consumers to send money using Circle’s popular stablecoin, USD Coin (USDC) and convert directly to and from fiat. Per a 6 Oct. announcement, MoneyGram has integrated support allowing crypto wallets connected…
“# 3 reasons why Terra (LUNA) price hit a new all-time high ” Protocol upgrades are one of the biggest drivers of momentum because they show developers’ dedication to fixing bugs, incorporating user requests and adding new features that make the protocol competitive and shore up the token’s value. One project that has seen its…
“# AMC Theatres debuts crypto payments for e-gift card purchases ” American cinema giant AMC Theatres is steadily approaching its goal of accepting cryptocurrency payments by year-end, now debuting crypto purchases for electronic gift cards. AMC customers can now buy digital gift cards with cryptocurrencies like Bitcoin (BTC) directly through the AMC website, mobile app…
“# Global CBDC bridge needs public and private cooperation, says BIS ” The Bank for International Settlements (BIS) continues investigating the development of the global central bank digital currency (CBDC), publishing a new joint report with seven central banks. Released Sept. 30, BIS’ latest CBDC report refers to joint efforts to explore a retail CBDC…
“# Visa working on blockchain interoperability hub for crypto payments ” Global payments giant Visa has introduced a project that aims to be a “universal adapter” of blockchains that can connect multiple cryptocurrencies, stablecoins as well as central bank digital currencies (CBDC). According to an official announcement on Thursday, Visa’s research team is working on a…