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“# People don’t want a ‘non-uniform currency’ like Bitcoin, says Fed president ” James Bullard, president of the Federal Reserve Bank of St. Louis, seemingly doesn’t understand why many are looking to cryptocurrency as a medium of exchange instead of a uniform currency like the U.S. dollar. In an interview with CNBC’s Squawk Box today,…
“# Diem gets closer to launch as Fireblocks and First introduce new payment infrastructure ” The Diem Association is progressing towards launch with a new technical upgrade that reportedly allows more financial institutions to connect with the payment network. Crypto security specialist Fireblocks and First Digital Asset Group, a Diem payment provider, announced Tuesday that…
“# BitPay integration brings crypto payments to Apple Pay’s 380 million users ” The string of major payments companies allowing crypto features continues as BitPay announced today that BitPay card users can now connect to Apple Wallet and pay for goods and services using Apple Pay. “We have thousands of BitPay Wallet app customers using…
“# Miami council supports mayor’s move to offer city worker salaries in Bitcoin ” Miami Mayor Francis Suarez has proposed an official resolution that would see Bitcoin (BTC) become an acceptable payment instrument in various parts of the city’s administration. Announcing the news on Twitter, the Mayor said that the city commission has supported the…
“# PayPal expanding crypto services to U.K. residents ” Residents of the United Kingdom will be the first people outside of the U.S. who are able to use PayPal for buying and selling crypto. According to journalist Carl Quintanilla, the payments platform is planning to expand its crypto offerings to the U.K. in the coming…
“# Amazon job postings hint at digital payments project to launch in Mexico ” American e-commerce giant Amazon is developing a new service that will allow its customers to shop using digital currency, according to the company’s job postings. According to an official job application on Amazon, the company is now building a tech team…
“# Lightning Network node count hits record high, TVL tops $42M ” The Lightning Network has grown 75% in size over the past year, hitting a record high 8,900 nodes for the first time on Feb. 8, according to LN monitors at Bitcoin Visuals. A significant proportion of the increase occurred more recently, suggesting that…
“# Stripchat says crypto payments increased 400% in a year ” Live streaming webcam platform Stripchat is among several adult websites experiencing a boom in crypto payments over the past year. The adult social streaming and entertainment platform revealed in a blog that cryptocurrency is rapidly becoming a preferred payment method for many users and…
“# MasterCard announces support for crypto on its network ” MasterCard has announced plans to support cryptocurrencies in 2021, paving the way for its nearly one billion users to spend digital assets at more than 30 million merchants. The firm believes this may open merchants up to new customers and build loyalty with existing customers…
“# Monero community wants Elon Musk to add XMR as Tesla payment option ” The Monero community has posted a proposal to add XMR as a payment option on the Tesla website. Shortly after Elon Musk’s Tesla Motors hinted that they may start accepting Bitcoin (BTC) payments its electric cars, the Monero community suggested that…