Zipmex Acquisition Stumbles as Buyer Misses Payment: Bloomberg
The payment was due on March 23 and was required to fund working capital. Source
Read MoreThe payment was due on March 23 and was required to fund working capital. Source
Read MoreAsides from integrating a USDC payment rail, Xapo Bank recently partnered with Faster Payment System (FPS) to extend its global reach. Bitcoin custodian and privately licensed bank Xapo Bank is collaborating with Circle to use USDC payment rails as a SWIFT alternative. According to the bank, it has added rails to
Read MoreSpankChain is an Ethereum-based blockchain targeted at helping adult content creators remove third-party intermediaries like conventional banks, which have had a notorious history of conflict with the adult industry. Ethereum-based adult entertainment platform SpankChain is closing its crypto payment processor SpankPay, losing its payment service provider Wyre, in February while
Read MoreThe collaboration between both entities to enhance USDC payment might attract some forms of skepticism owing to the Fear, Uncertainty, and Doubt (FUD) surrounding Circle, USDC, and the exposure to the three US banks that collapsed in the past week. American multinational financial services firm Mastercard Inc (NYSE: MA) has entered
Read MoreEthereum-based adult entertainment platform SpankChain is shuttering its crypto payment processor, SpankPay, after losing its payment service provider Wyre in February and failing to find a new one. In February, SpankPay revealed that its previous provider — crypto payment platform Wyre — had terminated its agreement to provide payment services to
Read MoreThe United States Federal Reserve has announced that its own instant payment service will go live in July. Dubbed FedNow, the solution will enable instant payments on a 24/7 basis within the US. The Federal Reserve‘s financial services division has announced plans to launch a new instant payment service called FedNow.
Read MoreWith the emergence of the FedNow payment system, the need for a digital dollar is now being pushed back to the sidelines by the Fed leaders. The United States Federal Reserve has announced that its long-awaited FedNow Instant Payment system is set to go live in July. In the details shared
Read MoreThe United States Federal Reserve has confirmed a July launch date for its long-awaited instant payments system, seen by some as an alternative to central bank digital currencies (CBDCs) and stablecoins.The instant payment network will settle payments in seconds and can support transactions between consumers, merchants and banks. It does
Read MoreCrypto exchange Binance will stop processing transactions with Ukrainian hryvnia through two payment platforms later in March. The move follows an earlier suspension of deposits and withdrawals using bank cards in the national currency of Ukraine. Ukrainian Users Lose More Fiat Options to Trade on Cryptocurrency Exchange Binance The world’s leading digital
Read MoreNobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant payment systems. Krugman’s Experience Highlights the Growing Interest in Censorship-Resistant
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