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Crypto payment option for Honda cars only works via third-party platform

Major automobile manufacturer Honda does not accept cryptocurrency payments directly, but people can use cryptocurrencies like Bitcoin (BTC) to buy a Honda car through a third party.In early October, several publications mistakenly reported that Honda started accepting cryptocurrency as payment. But Honda doesn’t allow the purchase of its cars in

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Crypto cards facilitated $3B payment volume since 2021 exchange deals — Visa exec

The integration of conventional payment cards with cryptocurrency exchanges is playing a crucial role in driving the adoption of digital assets, according to a Visa executive.Speaking to Cointelegraph reporter Ezra Reguerra during a panel at the Blockchain Economy Dubai Summit, Visa’s vice president, head of innovation and design, Akshay Chopra,

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Singapore awards major payment institution license to Sygnum Bank subsidiary

Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, received a license to offer crypto brokerage services to accredited investors and institutions in Singapore.On Oct. 3, Sygnum Singapore announced receiving its Major Payment Institution Licence (MPIL) from the Monetary Authority of Singapore (MAS). Speaking to Cryptox, a Sygnum Singapore spokesperson

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Coinbase crypto exchange obtains payment license in Singapore

The United States-based cryptocurrency exchange Coinbase is expanding operations in Singapore by securing major regulatory approval from the country’s central bank.Coinbase has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore, the firm announced on Oct. 1. The new license, coming one year after Coinbase’s initial

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Crypto.com updates Euro wallet, expands payment offerings

Crypto.com has updated its Euro Wallet to serve users in the Euro payment area better. Crypto.com Updates EUR wallet Crypto.com is committed to providing its users with a seamless trading experience.  It recently expanded its offerings by integrating a Euro wallet and allowing for secure Single Euro Payments Area (SEPA) transfers with no transaction

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Crypto payment firm Alchemy Pay wins money transmitter license in US

Cryptocurrency payment gateway Alchemy Pay is expanding its global presence after securing a major payment license in the United States.Alchemy Pay has obtained a Money Transmitter License in the state of Arkansas, the firm announced to Cointelegraph on Sept. 20.Granted by the Arkansas Securities Department, the license officially enables Alchemy

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