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“# Audio streaming giant Spotify is looking into crypto payments ” Spotify, one of the world’s largest streaming audio providers, is looking for candidates with a crypto background to fill a new role at the company. According to a recent job post, the company is looking for an outstanding associate director to join its payments strategy…
“# Stripe will offer bank accounts, with help from Goldman Sachs and Citi ” Online payments giant and Cash App owner Stripe is stepping into a new realm of financial services for vendors. Per a Wall Street Journal exclusive on Thursday, Stripe is looking to offer customers bank accounts and debit cards. However, these financial…
“# Visa will facilitate USDC payments, thanks to fresh partnership ” Visa has teamed up with blockchain services company Circle to make USD Coin (USDC) stablecoin transactions compatible with certain credit cards. “After Circle itself graduates from Visa’s Fast Track program, likely sometime next year, Visa will issue a credit card that lets businesses send…
“# PayPal CEO calls on crypto industry to work hand in hand with regulators ” There is no other way for the cryptocurrency industry to thrive without working hand in hand with regulators, PayPal CEO Dan Schulman believes. On Dec. 2, Schulman joined the Web Summit online conference to discuss the cashless era of the…
“# Biden should integrate Bitcoin into US financial system, says Niall Ferguson ” British economic and financial historian Niall Ferguson said the United States needs to find its own path in adopting cryptocurrencies, rather than “building [its] own versions of China’s electronic payments systems.” In a Bloomberg opinion piece, Ferguson said Sunday that the current pandemic…
“#One-touch payments remain infuriatingly absent in America” ’Tis the season for shopping. If you are fortunate enough to have kept your job through the pandemic-caused economic lockdowns, dropping dollars in person is good for workers and good for your streetscape. Yet America’s maddening payment system still has customers jabbing grubby little fingers over and over…
“# Pizza Hut to accept Bitcoin for pies in Venezuela ” A famous U.S.-based pizza chain has begun accepting cryptocurrency payments in all its stores in Venezuela. According to a Nov. 27 tweet from crypto services firm CryptoBuyer, Pizza Hut stores in the South American nation now accept crypto as a form of payment for food…
“# PayPal suspends user for crypto trading using PayPal’s own service ” A PayPal user reports their account has been restricted after they traded crypto too frequently using the platform. According to U.S.-based Reddit user TheCoolDoc, PayPal sent them a message stating that it had permanently limited their account “due to potential risk.” The user…
“# Stellar Lumens doubles in price following upgrade ” The price of Stellar Lumens (XLM) shot up 60% in the past 24 hours and crossed the 20 cent mark for the first time since Sept. 2018. The ‘stellar’ price action followed an announcement by the project’s developers that a new version of the Stellar public…
“# Crypto.com secures regulatory approvals from Maltese authorities ” Cryptocurrency exchange and debit card provider Crypto.com has scored major regulatory approvals from the Maltese government. According to a Nov. 24 announcement, the Malta Financial Services Authority, or MFSA, has granted Crypto.com two financial licenses: a Financial Institution License and a Class 3 Virtual Financial Assets,…