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Cryptocurrency exchange Mercado Bitcoin was granted a payment provider license from Brazil's central bank on June 2, according to local media reports. With the license, the company will launch its fintech solution MB Pay."The approval of the Central Bank is a crucial step, as it allows us to continue expanding
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The company plans to offer financial services that combine the potential of crypto with traditional financial services. Source
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Customers can still buy and sell crypto using credit and debit cards after the halt, which was announced last month. Original Source
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Keep your money in an insured account, not on an uninsured payment app, the United States Consumer Financial Protection Bureau (CFPB) warned Americans in a report released June 1. The increasing popularity and utility of nonbank peer-to-peer (P2P) payment apps, including for crypto asset transactions, makes the risk of loss
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Securing this recent license will allow Crypto.com to offer DPT services to a wide range of customers in Singapore. In a major development, Crypto.com announced that it has secured the license of a Major Payment Institution (MPI) from the Monetary Authority of Singapore (MAS) for offering Digital Payment Token (DPT) services
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Crypto.com App users in the US can now spend their cryptocurrencies on 150+ top brands and get up to 10% back in Pay Rewards for every eligible purchase. On May 31st, Singapore-based cryptocurrency exchange Crypto.com announced the launch of a new feature in its mobile app that allows users located in
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.S. Securities and Exchange Commission (SEC) is accepting ethereum as part of a penalty payment in a recent fraud case, while maintaining the classification of the digital asset as a security. In an unexpected twist
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Stablecoins are a key piece of plumbing in the crypto ecosystem, bridging government-issued currencies and facilitating trading. Issuers are increasingly boosting stablecoins as a means for payments and remittances, especially in the developing world. Recently, Bitcoin-based payments app Strike integrated USDT as part of its global expansion to 65 countries.
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The Federal Reserve Bank of Atlanta has piqued the interest of the crypto community with a recent publication in its Policy Hub series on the implications of Web3 for financial services. The 17-page paper by Christine Parlour, a professor at the University of California, Berkeley Haas School of Business, is
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USDC stablecoin issuer Circle recently launched Euro Coin on the Avalanche protocol to exploit the network’s blazing transaction speed. Circle has launched a euro-based stablecoin on the Avalanche blockchain to deliver prompt and efficient payments and financial services. The Euro Coin (EUROC) launch is the first of a series of anticipated multi-chain launches to aid developers
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