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US-based crypto solutions company Ripple has planned to issue a stablecoin, pegged 1:1 to the US dollar.
stablecoin, XRP, Ethereum, blockchain, DeFi
Web3 services platform Chainlink has announced it now supports a PYUSD (PayPal’s USD-backed stablecoin issued by Paxos) Price Feed on the Ethereum mainnet.
cryptocurrency, blockchain, Ethereum, DeFi, web3
Puerto Rico-based Segura Bank International (SBI) has launched a new digital bank for mid to high-earners in Latin America, powered by Temenos’ cloud-native core banking platform.
partnership, digital banking, product launch, cloud banking, transactions
PayPal Ventures, PayPal’s venture capital arm, has announced its investment in Embedded Finance solution for digital asset transfers Mesh.
stablecoin, cryptocurrency, crypto asset, digital assets, investment, funding, embedded finance
The Consumer Financial Protection Bureau (CFPB) has proposed a rule to curb excessive overdraft fees charged by large financial institutions.
regulation, banks, financial institutions, lending, compliance
Naveen Mallela, Managing Director at JP Morgan Chase, delves into the future of money and cross-border payments, stressing out the importance of tokenized deposits, stablecoins, and CBDCs.
stablecoin, CBDC, cross-border payments, instant settlement, B2B payments, DeFi
J.P. Morgan has announced that it has been designated by the US Treasury Department under a financial agency agreement to offer account validation services for federal government agencies.
partnership, financial crime, fraud prevention, risk management, payments , cybersecurity, fintech, banking
US-based financial technology company PayPal has rolled out its PYUSD stablecoin to select users on the Venmo platform.
product launch, cryptocurrency, payments , stablecoin
US-based provider of Bitcoin and cryptocurrency payment services BitPay has rolled out PayPal USD payments for merchants and consumers.
partnership, stablecoin, cryptocurrency, payments
US-based JP Morgan has revealed its plans to expand its blockchain initiatives by introducing a blockchain-based digital deposit token.
cryptocurrency, banking, blockchain, product launch
US-based PayPal has launched a stablecoin that is fully backed by US dollar deposits, short-term US treasuries, and similar cash equivalents.
stablecoin, product launch, cryptocurrency, financial services, web3
The Central Bank of Argentina has issued a statement which said that it enabled the Chinese yuan as a currency form in savings and checking accounts.
banking, fintech, inflation, payments , cross-border payments, ecommerce, digital banking, FX , transactions
Cryptocurrency exchange Binance has launched a regulated digital asset platform in Kazakhstan as part of its global expansion efforts.
regulation, cryptocurrency, cryptocurrency exchange, digital assets, product launch
French authorities have started an investigation focused on the anti-money laundering procedures of cryptocurrency exchange Binance.
cryptocurrency exchange, cryptocurrency, AML, regulation
The Australian branch of cryptocurrency exchange Binance has suspended PayID deposits for Australian dollar account holders.
cryptocurrency, cryptocurrency exchange, banks, transactions
Digital asset exchange Kraken has notified its users via email that that it won’t be able to support ACH deposits and withdrawals starting from 27 March.
cryptocurrency, cryptocurrency exchange, digital assets, funding
Steve Boms, Founder and President of Allon Advocacy and Executive Director of FDATA North America, shares valuable insights into the collapses of Silvergate, SVB, and Signature Bank and how US regulators prevented the crisis from spreading.
banks, startup, financial institutions, online banking
Binance has informed its users in the United Kingdom that it will suspend deposits and withdrawals due to an issue with Skrill Limited.
cryptocurrency exchange, cryptocurrency, digital assets, transactions
National Australia Bank (NAB) has completed its first intra-bank cross-border transaction using its own stablecoin via Ethereum.
blockchain, digital currency, stablecoin, cross-border payments, Ethereum
US-based Cryptocurrency exchange CoinZoom has added Apple Pay and Google Pay as funding options on its Android and iOS apps.
product upgrade, digital wallet, cryptocurrency, cryptocurrency exchange