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Coinbase Payment Processing Service Now Supports Circle’s USDC Stablecoin

Major United States-based cryptocurrency exchange Coinbase announced that its cryptocurrency payment processor Coinbase Commerce now supports Circle’s stablecoin USD Coin (USDC) in a blog post on May 20.Per the announcement, Coinbase Commerce users can now accept USDC payments with no transaction fees. The announcement specifies that “unlike accepting credit

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Facebook is developing Blockchain Payment System

Facebook has registered a new financial technology company in Switzerland which will be focussing on blockchain and payments, Reuters reported citing Geneva’s commercial register. The formation of the new company comes amid the speculation that the social media giant is preparing to announce its own cryptocurrency. As per the report, Libra Networks was

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Flexa Co-Founder Semi-Teases Adding Litecoin to Crypto Payment App

By CCN: Most of crypto land celebrated when Flexa and Gemini partnered to deliver digital currency-fueled micro-payments to merchants. Spedn will let consumers shop at major stores including Nordstrom and Lowe’s and pay with crypto across bitcoin, ether, Bitcoin Cash, and Gemini Dollar. But one crypto influencer was left out

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Chinese Social Media Giant WeChat Bans Crypto Transactions in Its Payment Policy

Chinese social media giant and payment service provider WeChat banned cryptocurrency transactions in its payments policy. Dovey Wan, founding partner of crypto investment firm Primitive, tweeted the news on May 7.The tweet contained a screenshot of the policy changes, which intimates that users who engage in cryptocurrency trading will

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Payment Platform Square’s Q1 2019 Bitcoin Revenue High, Crypto Profits Low

Payment platform Square saw a new revenue high from bitcoin (BTC) sales through its Cash app, while profits from Bitcoin sales remained low, according to a letter to shareholders outlining first quarter (Q1) 2019 financial figures.In its recently published letter on earnings — which is unaudited — Square revealed

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Payment Processor Wirex Partners With Stellar, Plans to Launch 26 Stablecoins

United Kingdom-based cryptocurrency payment processor Wirex partnered with Stellar (XLM), the company announced in a press release on their website on April 24.Wirex is a company licensed by the U.K. Financial Conduct Authority (FCA) that allows crypto users to spend their cryptocurrencies with a dedicated Visa card, with a

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Alt Thirty Six Raises $10 Million In Series A Funding For Cannabis Blockchain Payment Solution

About Richard KasteleinFounder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the

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Telegram Cuts Deal With Wirecard to Build Blockchain Shared Payment and Banking Solutions For TON

Founded by two Russian brothers,  Pavel and Nikolai Durov, Telegram’s  Telegram Open Network (TON), has entered into a partnership with Germany’s Wirecard to team up and work on a single platform for digital financial, payment and banking services. TON raised some USD$1.7 Billion in an ICO in 2018, and is

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