Articles with tag: stablecoin

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EU to launch crypto-assets regime by 2024, EU documents say

25 Sep 2020 | Cryptocurrencies

The European Union aims to introduce new rules within four years to modernise cross-border payments using of blockchain and crypto assets like stablecoins, two EU documents showed.

Stablecoins, cryptocurrency, blockchain, Libra token, Instant payments, crypto assets, Europe

BitPay expands wallet app features with Wyre integration

17 Sep 2020 | Cryptocurrencies

US-based crypto payments provider BitPay has issued a new feature enabling users to buy cryptocurrency from within the BitPay Wallet App using Wyre

BitPay, Wire, crypto wallet, crypto asset, BitPay Wallet App, ETH, payments, biometric authentication, Samsung Pay, Google Pay, XRP, stablecoin

Coinify, Galaxus enable ecommerce payments using Sygnum Bank DCHF stablecoin

27 Aug 2020 | Cryptocurrencies

Coinify, Sygnum Bank, and Galaxus have announced the world’s first ecommerce transaction using a bank-issued stablecoin, according to the official press release.

Coinify, Sygnum Bank, Galaxus, stablecoin, ecommerce, payments, digital currency, blockchain, digital assets

Coinbase to allow Bitcoin loans to US-based consumers

17 Aug 2020 | Cryptocurrencies

US-based digital asset exchange Coinbase has announced plans to offer crypto loans to consumers interested in purchasing and selling cryptocurrency.

Coinbase, Bitcoin, BTC, loans, US, United States, digital asset exchange, crypto exchange, cryptocurrency, investing tools, crypto market statistics, tradable digital assets, stablecoins, USDC, Dai, passive returns

Sberbank to launch blockchain platform made on Hyperledger Fabric

11 Aug 2020 | E-invoicing, SCF & E-procurement

Russia-based Sberbank has made plans to launch a blockchain platform designed for trade finance, built on Hyperledger Fabric

Sberbank, Hyperledger Fabric, blockchain, platform, Russia, stablecoin, digital assets, digital assets law, financial highlights

Sberbank considers introducing stablecoin after new crypto law

06 Aug 2020 | Cryptocurrencies

Russia-based Sberbank has announced plans regarding stablecoin, which are digital currencies backed by real-world assets, major fiat currencies, or commodities such as gold.

Sberbank, stablecoin, crypto law, crypto, Russia, digital currencies, fiat currencies, commodities, gold, cryptocurrency, On Digital Financial Assets, DFA, crypto-to-crypto trading platform, loans, digital securities

Visa to offer Bitcoin, Ethereum, and Ripple payments

27 Jul 2020 | Cryptocurrencies

Payments provider Visa has announced plans to incorporate cryptocurrencies such as Bitcoin (BTC) into its payments network.

VISA, Bitcoin, Ethereum, Ripple, payments, BTC, merchants, cryptocurrencies, stablecoins, Tether, payment method, regulators, Coinbase, Fold, digital currencies, payment network, crypto wallets, cards, prepaid cards

Scotland-based Zumo partners with Modulr

29 Jun 2020 | Cryptocurrencies

Crypto wallet and exchange platform Zumo has partnered with digital payments platform Modulr to launch a GBP functionality on the former’s system.

Zumo, Modulr, cryptocurrency, crypto wallet, crypto exchange, digital payments, stablecoin, partnership, Zumo wallet, Bitcoin, BTC, Ether, ETH, fiat-crypto exchange, Liberis, Revolut, Sage

W3BCLOUD raises USD 20.5 mln to rollout data centres dedicated for the blockchain economy

26 Jun 2020 | Cryptocurrencies

W3BCLOUD has completed its initial close of USD 20.5 million in convertible notes from Advanced Micro Devices and ConsenSys, along with several family offices in the United Arab Emirates.

blockchain, ethereum, funding, stablecoins, data centers, enterprise, business, banking, UAE

European Commission promises 'strong' rules for Facebook's Libra

25 Jun 2020 | Cryptocurrencies

The European Commission has announced plans to present later in 2020 new rules to develop a ‘sound’ crypto-asset market in the EU.

European Commission, Facebook, Libra, stablecoins, crypto assets, cryptocurrency, regulation

Coronavirus speeds research around central bank digital currencies

16 Jun 2020 | Cryptocurrencies

The coronavirus pandemic has been accelerating the development of central bank digital currencies (CBDCs), central bank officials said.

BoE, CBDC, central banks digital currency, Libra, stablecoin, Facebook, contactless payments, digital payments, coronavirus

IXOPAY, Finrax to offer crypto payments to emerchants

10 Jun 2020 | Cryptocurrencies

The payment management platform IXOPAY has connected to Finrax, an exchange and wallet provider for cryptocurrencies, to enable emerchants process crypto payments.

APM, crypto payments, stablecoins, emerchants, partnership, invoices, IXOPAY, Finrax

Eidoo rolls out Visa-enabled crypto debit card for users in the UK and Europe

28 May 2020 | Cryptocurrencies

Eidoo, a decentralised finance (DeFi) platform, has announced the launch of a Visa-enabled crypto debit card that aims to bring crypto payments to users in the UK and Europe.

Eidoo, Contis, Visa, europe, money licence, cryptocurrency, tokens, fiat, stablecoins, decentralised finance, debit card

Facebook renames Calibra Libra digital wallet to Novi

27 May 2020 | Cryptocurrencies

Facebook has renamed Calibra, the digital wallet designed to work with its Libra cryptocurrency, to Novi.

Facebook, Libra, Novi, stablecoin, digital wallet, cryptocurrency, KYC, Libra Association

Visa files patent for digital currency development

18 May 2020 | Cryptocurrencies

Visa has filed a patent application to develop a digital currency, potentially using Ethereum as the blockchain.

digital currency, Ethereum, blockchain, Visa, stablecoin, digital wallet, public key, patent

Samsung Pay, Swipe partner to offer cryptocurrency payment option

05 May 2020 | Cryptocurrencies

Crypto payments enabler Swipe has announced a partnership with Samsung that allows Samsung Pay users to initiate mobile payments from their cryptocurrency debit card balance.

Swipe, Samsung, Samsung Pay, Visa, cards, mobile payments, cryptocurrency, debit card, Europe, UK, Apple Pay, Google Pay, fiat, stablecoins, APAC, SEA

Binance selects BitPay to promote payments via its stablecoin- BUSD

28 Apr 2020 | Cryptocurrencies

BitPay, a global provider of blockchain payment services, has teamed up with Binance to drive adoption of Binance’s stablecoin, BUSD.

BitPay, Bitcoin payments, cryptocurrency, partnership, Binance, stablecoin, merchants, BUSD

Sila secures USD 7.7 mln in seed funding round

13 Apr 2020 | Online Payments

Sila, a banking and payments API platform for software teams, has announced the closing of a USD 7.7 million seed funding round. 

Sila, banking, payments, API, software, VC, Madrona Venture Group, Oregon Venture Fund, Mucker Capital, 99 Tartans, Transferwise, IaaS, stablecoin, token

Sygnum Bank rolls out stablecoin tied to Swiss franc

25 Mar 2020 | Cryptocurrencies

Sygnum Bank, a licensed digital asset bank, has launched Sygnum Digital CHF (DCHF) – a stablecoin  tied to the Swiss Franc (CHF). 

Sygnum Bank, DCHF, tokenization, stablecoin, Swiss franc, cryptocurrency, Ethereum, Bitcoin, banking, DCHF, transactions, Switzerland, Swiss National Bank, CHF, EUR, SGD, USD

US regulators to act against illegal use of crypto

19 Mar 2020 | Cryptocurrencies

The US law enforcement and regulatory agencies have set a Cryptocurrency Intelligence Program.

Cryptocurrency Intelligence Program, stablecoins, illegal use of crypto, cryptocurrency, taxes, dark net, money laundering, Monero, US, Crypto exchanges, P2P payments