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According to CBRT, the Digital Turkish Lira needs vigorous testing to ensure that the underlying distributed ledger technology does not fail after rollout.BBThe Central Bank of the Republic of Türkiye (CBRT) has announced a successful first payment transaction using the Digital Turkish Lira. As the county grapples with high inflation
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Ahead of the holidays and new year, the former U.S. National Security Agency (NSA) contractor known to the world as a staunch privacy advocate and whistleblower, Edward Snowden, has offered to step up as the new CEO of Twitter after current “Chief Twit” Elon Musk has said he is stepping
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A U.S. senator has introduced a bill to “establish the first federal regulatory framework for payment stablecoins.” The lawmaker explained: “This bill will also ensure the Federal Reserve, which has displayed significant skepticism about stablecoins, won’t be in a position to stop this activity.” Stablecoin TRUST Act of 2022 U.S. Senator Pat
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Huobi and Visa share similar goals in wanting to bridge the gap that exists between the crypto ecosystem and traditional finance.Huobi, one of the world’s leading virtual assets exchanges, today announced its partnership with the digital payment platform Visa. According to the post, the partnership will help the exchange to
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Unbanked has partnered with Moorwand to allow its customers spend their digital assets holdings at different merchant locations.Blockchain-based global fintech platform Unbanked announced the launch of its new crypto payment card to eligible players in the United Kingdom and other parts of Europe.This development comes at a time when the
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On Dec. 14, the Ethereum software firm Consensys announced that the company has teamed up with the payment processing giant Paypal. The integration allows Metamask wallet users to purchase ethereum via Paypal from within the Web3 wallet application. Consensys Teams up With Payments Giant Paypal According to Consensys, Metamask users can now
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The United Nations High Commissioner for Refugees (UNHCR) recently said it has launched a blockchain payment solution for digital cash distribution to internally displaced persons (IDPs) in Ukraine. According to the agency, the use of the blockchain-based cash distribution system ensures the funds are instantly transferred to the intended recipients.
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This option is made by a Slovakian company, and offers a similar service to BitPay for 0.8% fee. The app, which only requires an email to use, allows automatic daily settlement in crypto or fiat to a personal wallet or bank account. Though, KYC is required for fiat withdrawals. When
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“Brazil and the entire Latin America market is a significant region in the pursuit of our vision of cryptocurrency in every wallet,” Crypto.com CEO Kris Marszalek said in a statement. Marcos Jarne, general manager and head of legal for Latin America at Crypto.com, added that “Latin America is a major
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The offering, a customizable widget that can be embedded directly into a DEX, NFT platform, wallet or decentralized app (dApp), is designed to allow customers to instantly purchase cryptocurrencies in Web3 apps. Eleven of the company's initial 16 projects are built on Solana. Stripe offers customizable on-ramping services and handles
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