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Japan’s International Payments System will test plastic cards for CBDC

Japan Credit Bureau (JCB), a Japanese analog to international payments systems like Visa or Mastercard, announced the start of its central bank digital currency (CBDC) infrastructure testing. The project will assumably prepare the payments platform for a national CBDC, which is currently being tested by the Bank of Japan (BoJ). The infrastructure

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Celsius Network defaults on payments to Core Scientific, causing financial unrest

Crypto lender Celsius Network's legal journey has gained another chapter as Bitcoin (BTC) miner Core Scientific accused the company of refusing to pay its bills since filing for Chapter 11 bankruptcy, according to court papers filed on Oct. 19. Core Scientific, which is one of the largest publicly traded crypto companies, claims

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Acting US FDIC head cautiously optimistic about permissioned stablecoins for payments

Acting United States Federal Deposit Insurance Corporation (FDIC) chairman Martin Gruenberg spoke Oct. 20 about possible applications of stablecoins and the FDIC’s approach to banks considering engaging in crypto asset-related activities. Although he saw no evidence of their value, Gruenberg conceded that payment stablecoins merit further consideration.Gruenberg began his talk

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Walmart CTO says crypto will become a ‘major’ payments disruptor

Walmart’s global chief technology officer (CTO) Suresh Kumar has tipped cryptocurrency to become a "major" area of disruption, particularly in how customers pay for virtual and physical goods in the future. Speaking at the Yahoo Finance All Markets Summit on Oct. 17, Kumar outlined Walmart’s positive stance on digital assets, noting

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Paypal HK Halts Hong Kong Pro-Democracy Group’s Payments Over ‘Excessive Risks’ – Bitcoin News

According to a report from a pro-democracy group in Hong Kong, Paypal HK has reportedly stopped processing payments for the League of Social Democrats (LSD). The pro-democracy group said that they were “stunned” to hear the news, and they now have “one less way [to collect donations].” Paypal Reportedly Stops Servicing

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Popular Bitcoin Astrologer’s Star Falls on Twitter Following $30K in Celsius Payments

In an interview with CoinDesk, Altman, who offers investing predictions based partly on her astrological interpretations to a vast social media audience that includes more than 237,000 Twitter followers, acknowledged that Celsius paid her but called the Twitter accusations “a witch hunt.” She said she has spoken with an attorney

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Interoperable QR Payments Reach Record Number in Argentina – Fintech Bitcoin News

Interoperable QR payments, a system that allows all digital wallets in Argentina to make payments in several stores, reached a record number in September. According to official numbers, 3.15 million payments were completed using this system, including cryptocurrency-based payments that exchanges like Bitso are already offering in the country. Interoperable QR

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Google Cloud Partners With Coinbase to Accept Crypto Payments, Drive Web3 Innovation – Exchanges Bitcoin News

Google Cloud has announced a partnership with Coinbase to drive Web3 innovation that includes using the crypto exchange to accept cryptocurrency payments. “We are excited Google Cloud has selected Coinbase to help bring Web3 to a new set of users and provide powerful solutions to developers,” said Coinbase CEO Brian

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