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Global Payments Partners with Bakkt, Offering Crypto and Loyalty Programmes

Global Payments Partners with Bakkt, Offering Crypto and Loyalty Programmes

The collaboration will enable Global Payments to provide its customers with the ability to pay using digital assets within the Bakkt App.

Deloitte Tests Remuneration of Its Staff Using Bitcoin

Deloitte Tests Remuneration of Its Staff Using Bitcoin

Deloitte one of the most reputable audit firms globally has shown plans of testing BTC payments on its staff for optimal adoption.

Luxury Watchmaker TAG Heuer to Accept Crypto Payments

Luxury Watchmaker TAG Heuer to Accept Crypto Payments

TAG Heuer will accept the payment method after a deal with Bitpay.

Venezuelans to Bypass Hyperinflation with Bitcoin-Backed Synthetic US Dollars After Years of Extreme Economic Crisis

Venezuelans to Bypass Hyperinflation with Bitcoin-Backed Synthetic US Dollars After Years of Extreme Economic Crisis

A cross-border remittance startup based in Colombia, Valiu has released a new Bitcoin-backed US dollars for Venezuelans to bypass the hyperinflation that has been tormenting their national economy.

US National Security at Risk Due to China’s Dominance in Mobile Payments, says former State Department Official

US National Security at Risk Due to China’s Dominance in Mobile Payments, says former State Department Official

Former Department of State official Anja Manuel warns that if the US loses its dominance in financial innovation and payments, it could impact its national security policy, specifically on sanctions. Manuel stated that China is catching up on dominance in mobile payments, which could make enforcing sanctions against “bad actors” like Iran or North Korea more challenging.

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple, a leading enterprise in blockchain and crypto solutions, has secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This follows the in-principle approval granted to Ripple in June 2023. The license will enable Ripple to continue offering regulated digital payment token services in Singapore, a key market for the company.

TIME Magazine to Start Accepting Cryptocurrencies as Subscription Payments

TIME Magazine to Start Accepting Cryptocurrencies as Subscription Payments

TIME Magazine has partnered with Crypto.com to roll out a crypto payment system for its magazine subscriptions.

Paypal Crypto Owners Can Now Transfer Tokens to Wallets

Paypal Crypto Owners Can Now Transfer Tokens to Wallets

Fintech giant Paypal Holdings has upgraded its crypto wallet capabilities. Users of the app can now send supported digital assets to other wallets.

JPMorgan Hires Former Microsoft Executive Tahreem Kampton to Its Digital Assets-Related Payments Group

JPMorgan Hires Former Microsoft Executive Tahreem Kampton to Its Digital Assets-Related Payments Group

Kampton comes with in-depth professional experience that will enable JPMorgan to develop its digital asset and blockchain division.

US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress

US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress

In a congressional hearing which was held on January 30, US Representative Tom Emmer has expressed his concern about the excessive criticism of innovations in digital payment, saying that it may repress its progress.

UAE's Central Bank Nears Launch of Digital Dirham

UAE's Central Bank Nears Launch of Digital Dirham

The UAE's central bank is close to launching its central bank digital currency (CBDC), the digital dirham, for domestic and cross-border payments. The CBUAE has partnered with G42 Cloud and R3 to be the infrastructure and technology providers for the CBDC implementation, which will boost financial inclusion and help the country become a cashless society. The first phase of the CBDC strategy includes the soft launch of "mBridge," proof-of-concept work for bilateral CBDC bridges with India, and domestic CBDC issuance for wholesale and retail use.

Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services

Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services

Libra appoints Stevan Bunnell, former Homeland security department general counsel, as its own general counsel.

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