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Alchemy Pay Bolsters Hong Kong's Crypto Infrastructure with Enhanced Virtual Card Services
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Alchemy Pay Bolsters Hong Kong's Crypto Infrastructure with Enhanced Virtual Card Services

Alchemy Pay enhances Hong Kong's crypto infrastructure by adding new BINs for its Crypto Virtual Card, aligning with the region's evolving regulatory landscape and advancing global crypto payment solutions.

Alchemy Pay Expands U.S. Footprint with Iowa Money Services License
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Alchemy Pay Expands U.S. Footprint with Iowa Money Services License

Alchemy Pay, a prominent crypto-fiat payment gateway, has secured a Money Services License in Iowa, marking a significant expansion in the U.S. market and enhancing its global compliance portfolio.

TrueUSD Partners with Alchemy Pay to Facilitate Direct Crypto Purchases in 173 Countries
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TrueUSD Partners with Alchemy Pay to Facilitate Direct Crypto Purchases in 173 Countries

Alchemy Pay partners with TrueUSD to enable direct crypto purchases via fiat in 173 countries, enhancing accessibility and transparency in the crypto industry.

Crypto Payment Provider Alchemy Pay to Launch Virtual Crypto-Linked Card Backed by Visa and Mastercard
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Crypto Payment Provider Alchemy Pay to Launch Virtual Crypto-Linked Card Backed by Visa and Mastercard

The leading crypto payment technology provider Alchemy Pay (ACH) announced that it will launch the Virtual Crypto-Linked card, aiming to expand the scope of cryptocurrency payments to meet the growing demand for crypto-related card transactions.

Alchemy Pay Scores License to Expand in Indonesia
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Alchemy Pay Scores License to Expand in Indonesia

Alchemy Pay has obtained a license from the central bank of Indonesia to operate remittance and fund transfers in cooperation with local fintech firm Berkah Digital Pembayaran. The license allows the firms to offer better payout methods and reduce associated operating costs.

Alchemy Pay to Deploy on Polygon zkEVM Chain
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Alchemy Pay to Deploy on Polygon zkEVM Chain

Alchemy Pay is partnering with Polygon to integrate its payment services on Polygon's zkEVM chain, allowing users to convert local fiat currencies into cryptocurrencies. This zero knowledge scaling solution combines Ethereum Virtual Machine and Ethereum L1 security, reducing transaction costs and increasing throughput.

Jay Z-Backed Ethereum App Platform Officially Opens Doors to Public
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Jay Z-Backed Ethereum App Platform Officially Opens Doors to Public

Blockchain startup Alchemy has recently announced that the blockchain developer platform was perfected and now open to any companies or individuals looking to build smart contract-based projects.

Bitcoin Purchase Made Possible By Dropbit Through Apple Pay and Google Pay
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Bitcoin Purchase Made Possible By Dropbit Through Apple Pay and Google Pay

It is now possible to purchase Bitcoin on Dropbit wallet through Apple Pay or Google Pay. This news was announced in a Medium post by Coin Ninja on November 5. Prior to this announcement, Dropbit was only used to send and receive Bitcoin, which can be done by using just the phone number of the recipient.

Cryptocurrency wallet Lumi launches new payment method Apple Pay
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Cryptocurrency wallet Lumi launches new payment method Apple Pay

Multi-currency crypto wallet Lumi, which enables the purchase, exchange & storing of digital assets, has added Apple Pay as an available payment method.

Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card
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Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card

Coinbase Card and Google Pay have partnered to increase the liquidity of cryptos and provide a new form of convenient payment options to clients. Coinbase customers now can use their cards via easy mainstream mobile payments.

Alipay and WeChat Pay Could Be Casualties of China's Digital Yuan
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Alipay and WeChat Pay Could Be Casualties of China's Digital Yuan

Still strategizing to curb the dominance of Alipay and WeChat Pay, the People’s Bank of China will be using its DCEP system to break the cashless payment duopoly.

Can Alipay and WeChat Pay Compete With China’s Fee-Free Digital Yuan?
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Can Alipay and WeChat Pay Compete With China’s Fee-Free Digital Yuan?

Will Alipay and WeChat Pay survive the People's Bank Of China's rollout of the digital yuan or DCEP?

AML BitCoin Lobbyist Abramoff to Pay $55K in Convicted Guilt Plea for ICO Fraud
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AML BitCoin Lobbyist Abramoff to Pay $55K in Convicted Guilt Plea for ICO Fraud

In the civil case filed against Jack Abramoff for his role in the 2018 Initial Coin Offering (ICO) scandal, the AML BitCoin lobbyist is expected to pay $55, 000 in disgorgement and interest for his conspiracy in fraud.

Jennifer Robertson to Pay $12 Million CAD in Quadrigacx Settlement
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Jennifer Robertson to Pay $12 Million CAD in Quadrigacx Settlement

The death of Gerald Cotten, founder of Quadrigacx, a once reputable cryptocurrency exchange in Canada took the world by surprise. More surprising is the position taken by his widow, Jennifer Robertson, who will liquidate personal assets to cover customers' losses.

Sequoia Software Firm to Pay Employees in Bitcoin
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Sequoia Software Firm to Pay Employees in Bitcoin

United States-based Sequoia Software Firm is the latest to offer its employees the option to receive part of their salaries in Bitcoin.

JP Morgan Chase to Pay $2.5 Million to Settle Class Action Lawsuit Over Wrongfully Incurred Crypto Charges
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JP Morgan Chase to Pay $2.5 Million to Settle Class Action Lawsuit Over Wrongfully Incurred Crypto Charges

JPMorgan Chase has settled a lawsuit over unannounced changes made to the fee structure applied to crypto transactions using its credit cards in 2018. The American bank agreed to pay $2.5 million to settle a class-action lawsuit regarding its decision made in 2018 to treat cryptocurrency purchases with Chase credit cards as cash advances, ensuing in higher fees. However, JPMorgan is not admitting to any wrong-doing as part of the deal.

WeChat Pay and Alipay May Have Helped China to Track Coronavirus Victims Through Digital Payments
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WeChat Pay and Alipay May Have Helped China to Track Coronavirus Victims Through Digital Payments

With the novel coronavirus infecting more than 75,000 people around the world, and with the majority of the Chinese population in the Hubei province infected, authorities in the nation decided to track everyone who bought fever medicine in the province.

China’s Central Bank’s DCEP is Trying to Make WeChat Pay and Alipay Redundant
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China’s Central Bank’s DCEP is Trying to Make WeChat Pay and Alipay Redundant

Mu Changchun, the Director-General of the Institute of Digital Currency of China’s central bank, People’s Bank of China spoke at one of the panels at the Singapore Fintech Festival held at the Singapore Expo on Nov. 12 regarding the future of digital currencies.

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