Commonwealth Bank (CBA), the largest financial institution in Australia, has announced its decision to either halt or temporarily suspend payments to crypto exchanges due to the substantial risk of fraudulent activities. On June 8, CBA disclosed that it would reject or delay specific...
In an era of digital transformation, blockchain and cryptocurrencies are disrupting conventional financial paradigms. The latest discussion from Money20/20, a leading fintech forum, brought together Myles Stephenson, founder & CEO of Modulr, Sendi Young, Europe & UK managing director of ripple, and David...
Rosbank, one of Russia’s systemically important banks, has announced the launch of a new cross-border settlement solution in the realm of cryptocurrencies. The financial institution’s representative confirmed that Rosbank is currently engaged in pilot transactions with both corporate and private clients to test...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Floki has announced a strategic marketing partnership with Binance Pay. The meme coin is now available at the service. The partnership seeks to create targeted exposure for floki and...
Foreign tourists in Bali, Indonesia, will no longer use cryptocurrencies as payment after the Bali Provincial Government banned the usage of digital currencies such as bitcoin (BTC) or USDT. Bali governor Wayan Koster voiced his concerns during a statement to local media on May 28....
Strike, a platform led by Jack Mallers that supports bitcoin (BTC) payments, is expanding to 65 global markets and relocating its global headquarters to El Salvador. The company aims to provide a consumer-friendly money app that offers bitcoin and tether (USDT) transfers, emphasizing...
The House of Representatives of North Carolina has passed legislation to ban payments to the state using a central bank digital currency (CBDC). North Carolina passes legislation against CBDC use House Bill 690 was passed unanimously on May 3, with all 118 legislative...
THNDR Games, a Bitcoin game developer, made 13.92% of its April payments to addresses in the United States using the Lightning Network (LN). Meanwhile, more than 50% went to nine other countries where LN use has largely flown under the radar. According to...
Through a collaboration between Gate Pay and CityPay.io, retailers in Georgia can now accept cryptocurrency payments. This provides customers with access to the advantages offered by cryptocurrency services. A partnership between the cryptocurrency payment service Gate Pay, provided by the cryptocurrency exchange company...
Australia is pressured to outlaw paying cyber ransoms, especially with cryptocurrency, after a significant data breach hit Latitude Financial. It is the country’s most significant cyber attack to date, compromising sensitive information like driver’s license numbers, passports, and financial records. On March 16,...