Tuesday, May 13, 2025
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JP Morgan expands blockchain payment system to include euros

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied JP Morgan, the U.S.-based investment bank, has widened the scope of its blockchain-oriented payment platform, JPM Coin, to include euro-based transactions for corporate customers. JPMorgan, a prominent investment bank headquartered in the United States, is broadening the

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SAP partners with Circle to explore cross-border payment systems

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied SAP, the German software company, has embarked on cross-border payment testing by utilizing Circle’s USDC stablecoin, aiming to address the complexities associated with international money transfers. The company’s experimentation with the widely recognized stablecoin was disclosed in

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Crypto payment solution Ramp expands on-ramp service, adds support for 40 fiat currencies

Ramp, a financial technology company specializing in crypto infrastructure, has announced a significant expansion of its platform’s compatibility, adding 40 new fiat currencies. According to a June 21 announcement, the expansion is set to allow users to more easily transact with various digital and traditional currencies across borders while benefiting from

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Australian Payment Provider Cuscal Imposes New Restrictions on Crypto; Blockchain Australia Criticizes Move

"Our banking partner, Cuscal has updated its Merchant guidelines which contain new requirements for all digital currency exchanges that are supported by Cuscal," the "survey" reads. "If you do not currently comply with the new requirements, we are happy to consider a reasonable time frame for implementation. Please note, if

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IMF envisions ‘new class’ of cross-border payment platform with single ledger

The International Monetary Fund (IMF) has presented the outlines of a “new class” of cross-border payment system that uses a single ledger to record central bank digital currency (CBDC) transactions, programmability and improved information management. IMF officials chose a roundtable on CBDC policy to reveal their new platform concept on June

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Thailand launches retail CBDC pilot with 2 banks and Singapore payment service

The Bank of Thailand will launch a retail central bank digital currency (CBDC) pilot project in a regulatory sandbox this month. Three payment providers will take part, according to local media. The project will involve up to 10,000 users and run through August.Bank of Ayudhya (Krungsri), Siam Commercial Bank and

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Former Meta, PayPal executive building payment solution on Bitcoin Lightning Network

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied David Marcus, an executive whose past stints include working at Meta, formerly Facebook—a company that is using technology to connect people and bring the metaverse to life; and PayPal, an online payment system, is now building

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Circle is latest recipient of Major Payment Institution license in Singapore

Circle’s Singapore affiliate, Circle Internet Singapore, has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Circle Singapore received in-principle MPI approval from MAS in November and opened its office in the city-state in May.An MPI license allows Circle to offer digital payment token services

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