CFTC Issues Guidance on Digital Currencies for Futures Commission Merchants
The CFTC wants futures commission merchants to take care when dealing with customer's funds. Source
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Merchants
Merchants accepting Bitcoin laud ‘zero chargeback risks’, says BitPay report
BitPay recently released a study highlighting four merchants from different businesses that have implemented Bitcoin as a payment method. The parties selected to participate included a gold broker, an online gift card marketplace, a domain registrar that also serves as a hosting service, and an electronics retailer.In the report, the
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Austria: Over 2,500 Merchants Will Soon Start Accepting Payments in Bitcoin, Ether, and Dash
From summer 2020 onwards, Austrians will be able to seamlessly spend popular cryptocurrencies such as bitcoin (BTC), ether (ETH), or dash (DASH), at more than 2,500 points of acceptance using A1 Payment – a major Austrian mobile network operator. Spend Crypto at More than 2,500 Stores On July 2, 2020, Austrian fintech
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American Pundi X Merchants Can Now Sell Crypto Via PayPal
Singapore-based blockchain firm Pundi X has integrated PayPal support for its point-of-sale device ‘Xpos.’ PayPal is the first mobile payment gateway to be integrated onto Xpos, and users from more than 30 countries can now accept funds via the payments processor.The integration will take place over two stages, with U.S-based merchants
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Dark Web Merchants Sell Thousands of Stolen Credit Card Numbers
New research by cybersecurity firm, Cyble Research Team, revealed that on May 29, data for more than 80,000 credit cards were put up for sale on the dark web. The data from these cards appears to have been gathered from various countries around the world.According to the announcement, the data
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Bitcoin Usage Among Merchants Is Up, According to Data From Coinbase and BitPay
Although bitcoin adoption may move at a glacial pace, merchants are seeing sustained traction regardless of market dips. According to BitPay CMO Bill Zielke, the payment processor facilitated $1 billion worth of cryptocurrency transactions in 2019, with bitcoin leading the pack. Likewise, a Coinbase spokesperson said Coinbase Commerce processed $135 million
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Zap’s New Product Lets Merchants Take Dollars Over Lightning Network
“You get to talk to lightning nodes with dollars.”That’s how Zap CEO Jack Mallers described his lightning wallet’s new U.S. dollar clearing system in a phone interview with CoinDesk. Announced Thursday, the upgrade aims to address a number of hurdles faced by current cryptocurrency payment options.“You can download it, link
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BitPay Enabling Merchants to Overcome Bitcoin Volatility with Stablecoins
BitPay, a leading bitcoin (BTC) and altcoins payments processor established in May 2011, has added support for top stablecoins including Circle’s USD Coin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX). With this significant development, merchants can now receive stablecoin payments for their goods and services without having
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Cardano’s Payment Gateway for Merchants Is Now Live
The Cardano Foundation, the firm behind the 12th biggest cryptocurrency Cardano (ADA), has launched AdaPay, an ADA payment gateway for merchants.Developed by the Cardano Foundation and enterprise-grade fintech platform Coti, the solution allows merchants to accept ADA payments with “near-instant” settlement in 35 fiat currencies directly in their bank
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Merchants and Users Might Accept Bitcoin Directly, Says ICE CEO
ICE CEO said all types of financial institutions are talking to Bakkt to explore the possibility of adopting its offering. It’s planned to launch a consumer app in early 2020.Bitcoin may have different names and “digital gold” is surely one of them. However, if it’s to believe Intercontinental Exchange’s chief
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