Tuesday, July 27, 2021
Home > pay

BitPay to Pay $500K to Settle OFAC Sanction Violation Charges

Crypto payments platform BitPay has settled with the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on charges of over 2,000 apparent sanctions violations.According to an enforcement notice published on Feb. 18, BitPay will pay $507,375 on allegations it allowed individuals in sanctioned locations like Ukraine’s Crimea region, Cuba,

Read More

Crypto Payment Provider BitPay to Add Apple Pay to Support Retail Purchases

BitPay is joining forces with Apple Pay as more institutions are inclining toward cryptocurrencies, influenced by Tesla’s $1.5B investment in Bitcoin.Atlanta-based crypto payment provider BitPay has taken a step further with cryptocurrency transactions by incorporating Apple Pay into its platform. Now users can add the Mastercard Prepaid service to Apple

Read More

Crypto.com Integrates Its Crypto Pay and DeFi Swap Products for Increased Value Addition

Besides the existing benefits that Crypto.com Pay offers in terms of low gas fees, processing fees, and cashback to both users and merchants, the exposure to DeFi tokens broadens the parties’ coverage.Malta-based cryptocurrency exchange Crypto.com has announced the integration of its Crypto Pay and DeFi Swap features on its platform.

Read More