The MAS has said that rising malware scam cases in Singapore have nothing to do with cryptocurrencies. On the contrary, it claimed, such scams are more prevalent in the fiat economy.
Indian central bank-backed NPCI begins blockchain recruitment
Singapore, Malaysia, UAE, France, BENELUX countries, Nepal and the UK have adopted the NPCI’s UPI payments system in varying degrees.
Crypto P2P scams in India show digital asset education is needed
Scammers have made it impossible for Indian crypto traders to conduct P2P trades owing to several police complaints and bank account freezes that follow.
Bitcoin Lightning on Coinbase agenda, Brian Armstrong tells Jack Dorsey
Armstrong confirmed that Coinbase was looking into adding support for Bitcoin Lightning while reassuring his support for Bitcoin payments.
Tether signs MoU with Georgia to develop Bitcoin P2P infrastructure
The alliance intends to bring a change to the public administration and the business sector.
Money stored on mobile payment apps may not be FDIC insured, US watchdog warns
Deposits on mobile payment apps may not be insured by the FDIC, and customers may not know whether their money is insured or not.
Bitcoin Lightning Network is 1,000x cheaper than Visa and MasterCard: Data
Glassnode data demonstrates that the Lightning Network outcompetes traditional payment networks in terms of commission costs.
Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape
Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives.
Circle exec to join US Congressional committee hearing on stablecoin payments, legislation
The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.”
Paxful shutdown hits Nigeria harder than the rest of the world, here’s why
Paxful’s shutdown has left its global community heartbroken, but it has significantly impacted the Nigerian community, where it pioneered P2P crypto use.
Nigerian crypto investors question central bank’s decision to flag p2p users
Crypto P2P users in Nigeria worry over using various platforms to launder funds as the country’s central bank cracks down on bank accounts that receive a share of Flutterwave’s rumored stolen funds.
Binance recommends P2P as Ukraine suspends hryvnia use on crypto exchanges
Following the temporary suspension from Ukraine’s central bank, crypto exchanges like Binance and Kuna made official announcements informing investors about the inconvenience.
European Central Bank bets on CBDCs over BTC for cross-border payments
ECB’s interest in identifying the best cross-border payment solution stems from the fact that it serves as the central bank of the 19 European Union countries which have adopted the euro.
Bitcoin Lightning Network Capacity charges through 4,000 BTC
The layer-2 technology built on Bitcoin now has 4,000 Bitcoin or $120 million locked up allowing for near-instant payments around the world.
1inch Network adds a P2P feature to facilitate secure crypto swaps
Users can now make a swap of any token on 1inch supported chains without intermediaries.
How are Afghans using crypto under the Taliban government?
Afghans have shown great interest in cryptocurrencies and some are using them to avoid U.S. sanctions and get paid from other countries.
Upcoming Apple iPhone feature to give merchants a way to accept crypto payments
Apple Pay users will technically be able to use iPhone’s Tap to Pay feature to make crypto payments across mainstream merchants and businesses.
Crypto firms ignore Africa at their peril as continent set for major adoption
Experts believe that Africa is primed to lead the next wave of global crypto adoption.
P2P exchange Paxful integrates Lightning Network
Lightning Network is the leading Bitcoin scalability solution, providing layer-two transaction capabilities separate from BTC’s main blockchain.
InComm Payments merchants can now accept crypto through Flexa
Payments are the next major hurdle for global cryptocurrency adoption. A new partnership between Incomm Payments and Flexa will enable crypto payments for hundreds of thousands of merchants worldwide.