News
PBoC maintains its anti-crypto stance despite local players experimenting with digital yuan-pegged stablecoins.
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Payments News
Broadly speaking, payments are compensation for goods or services. A person can pay with cash, gold or any number of other things, depending on what the receiving party allows. Fiat money is most commonly used for payments, although crypto payments have become more common over the years. A number of services and platforms facilitate the ability to make a payment in Bitcoin (BTC) and other cryptocurrencies. Payment gateways have increased the ability to use Bitcoin in business, even for entities that are not directly in the blockchain business.
Cryptocurrency has gained significant adoption over time, with mainstream payments players also becoming involved with the asset class. Additionally, a person can pay with Bitcoin directly in a peer-to-peer fashion.
- News
Bitcoin tips are available to send through the Lightning Network using the Strike app, or by adding a BTC address directly to one’s profile.
10458 - Sponsored
A new DeFi payments protocol offers DApp developers a drop-in widget that makes it very easy to make and accept anything-to-anything crypto payments.
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The app offers customers the ability to manage all PayPal-related transactions from a single dashboard.
12756 - Analysis
Mastercard’s upcoming acquisition of CipherTrace demonstrates the need for payments giants to partner with crypto firms to enable digital asset innovation.
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Two pieces of legislation related to cryptocurrencies recently took effect in the state, and many businesses already accept digital payments.
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The cinema operator has expanded its plans to accept crypto payments for movie tickets with the inclusion of Ether and Litecoin.
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One official said that after banning crypto payments in late 2019, Uzbekistan won’t ever reconsider its decision.
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The Indian Institute of Technology Madras will test use cases around the Hedera Token Service, a public blockchain for payments.
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El Salvador’s state Bitcoin wallet has continued facing major issues one week after its official rollout.
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"The Litecoin Foundation has yet to enter into a partnership with Walmart," said Jay Milla.
8400 - Altcoin Watch
LUNA price rallied to a new high above $45 following the launch of the “Project Dawn” funding initiative and the upcoming Columbus-5 mainnet upgrade.
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Bancoagrícola will work with Flexa to accept Bitcoin across the bank’s network for payments like loans and credit cards.
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Afterpay spoke as part of the Senate inquiry into “Australia as a Technology and Financial Center” and Lee Hatton said there would be enough consumer demand to offer crypto services.
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Afterpay told the Australian Senate that using crypto could cut payments costs for merchants and that the government should work to create a framework for an AUD-backed stablecoin.
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