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Central block
Ripple is testing a version of its distributed ledger for central bank digital currencies, contending its technology can add scale and speed for mass issuance.
The blockchain company says XRP can be a bridge asset between CDBCs and other digital currencies, reports
Other companies such as
Bit button
Bitfinex is offering a gateway that's designed to reduce navigation by connecting directly to the company's cryptocurrency exchange.
Merchants create a widget on their sites to accept payments in Ethereum and bitcoin, explains
Consumers pay fees to send crypto tokens and merchants pay a fee to convert crypto to traditional currency on Bitfinex's exchange.
Doge's palace
BitPay has debuted Dogecoin payments for merchants and has picked up the Dallas Mavericks as an early adopter.
The NBA franchise, which also supports bitcoin and several other cryptocurrencies, will allow Dogecoin to be used to pay for tickets and merchandise. The Mavericks and BitPay see the deployment as a way to extend the basketball team's brand to international markets where card payments are not as prevalent.
Dogecoin has its roots in internet memes, but has rallied to a market cap of more than $10 billion following several
To the bank
Revolut has introduced its bank in 10 new markets, mostly in Eastern Europe, following earlier rollouts in Poland and Lithuania.
The London fintech has its roots as a mobile payment company but gradually added financial services and markets in recent years, using partnerships like a collaboration with
More recently, Revolut has obtained banking licenses in several jurisdictions as a hedge against
From the web
REUTERS | Friday, March 5, 2021
Blockchain payments firm Ripple has not experienced any fallout in its Asia Pacific business after being sued by the U.S. Securities and Exchange Commission (SEC), the company's chief executive officer said on Friday.
REUTERS | Friday, March 5, 2021
U.S. grocery delivery app Instacart is considering going public through a direct listing, concerned that it could leave money on the table through a traditional initial public offering (IPO), according to people familiar with the matter.
TECHCRUNCH | Thursday, March 4, 2021
AfriBlocks is a global pan-African marketplace of vetted African freelance professionals. The startup was founded by Tongayi Choto and Roger Roman in July 2020 and has offices in Harare and Los Angeles.
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A government-backed digital transaction system will soon have private sector rivals, who will have an inside track to returns on massive investments.
With so many personally and financially impacted by COVID-19, consumers have made it clear that the way customers pay for goods or services can no longer follow a one-size-fits all approach, says eBay's Alyssa Cutright.
A video game publisher's battle with Apple could have as much impact as the Durbin amendment if a proposed Arizona law comes to pass.
Discover will build its newest call center on Chicago’s South Side on the site where a Target store closed two years ago, bringing 1,000 jobs to a beleaguered urban zone by 2024.
Square Inc. has agreed to buy a majority stake in Tidal, the streaming music service led by rapper Jay-Z, as part of an effort to expand the company’s suite of financial tools to musicians and emerging artists.
It is imperative that the crypto asset industry up its game as there’s still a great deal of concern in respect to legitimacy or even purpose.
Linking a variety of services to a payment account opens a new more flexible world of financial services, says Tribe Payments' Alex Ressish.
The update, delayed from last year, would be the most substantial change to the interchange rate structure in a decade — and the card networks have not signaled plans to delay it further.
A person who's in the park walking a dog probably isn't only walking a dog. That person is planning their day, checking finances and checking out sales.
WASHINGTON — Democratic leaders in the Biden administration and Congress are raising the volume on proposals for the Federal Reserve to issue a digital currency and establish government-backed accounts to expand banking options to underserved consumers.
Chris Larsen, co-founder and former CEO of Ripple, has partnered with the city of San Francisco to personally donate $1.7 million toward a new nonprofit to help small businesses recover from the pandemic.