The partnership is aimed towards simplifying cryptocurrency-to-fiat conversions within Mastercard’s existing payment network
Beauty and the Bitcoin: Female-focused brands accept crypto payments driving adoption
Will beauty brands drive female adoption by accepting cryptocurrency payments and is there even a demand to pay with crypto besides stacking stats?
Global payments brand Skrill expands crypto wallet services
Skrill customers outside the United States now have access to 35 cryptocurrencies in their digital wallets. The company expanded into the U.S. in March of this year.
Visa to approve Bitcoin spending card for Australian startup CryptoSpend
Crypto debit cards continue to catch on as an Australian digital assets start-up gets approval from Visa to release a spending card down under.
Santander’s UK arm follows Barclays in banning payments to Binance
The bank said would be “following the FCA’s warning to consumers” in blocking payments made to the crypto exchange.
Thailand’s central bank warns against using digital currencies for payments
The BOT said it may be forced to coordinate with the Securities and Exchange Commission to ensure crypto payments do not pose “extensive risks to the general public or the economic and financial system.”
Fiat-to-crypto onramp Simplex integrates SEPA Instant for European partners
“We’re delighted to add SEPA Instant to our growing portfolio of payment methods, giving our partners’ users the power to make instant wire transfers of up to €100,000, 24/7,” said Simplex CEO Nimrod Lehavi.
China’s central bank worried about stablecoins’ risk to financial systems
While Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial systems.
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.
Visa reports over $1 billion in crypto spending in H1 2021
Payment giant Visa will continue connecting the crypto economy to its “network of networks” to support the broader digital transformation of financial services.
Marshall Wace hedge fund giant to reportedly dive into crypto
Marshall Wace is reportedly still discussing the size of its new digital currency-related portfolio with potential investors.
Binance disappointed by Barclays’ ‘unilateral action’ to block customer payments
A Binance spokesperson reiterated to Cointelegraph that the Financial Conduct Authority’s recent edict only applied to Binance Markets Limited, or BML, which is a separate legal entity from the main global exchange that operates through Binance.com.
Balancer earmarks $10M for near-zero fees on Ethereum-compatible trades
The Balancer and Polygon partnership aims to lower gas fees for traders on the Ethereum blockchain.
Bitcoin volatility still a concern for CEO of BNY Mellon subsidiary
Francesca Fornasari believes that Bitcoin may not be suitable for most institutional investors.
Institutional exchange launches crypto debit card
Touted for its ability to allow users to “leverage the digital assets in their day-to-day lives,” the Bakkt Visa debit card is now available for online and in-store purchases.
Sotheby’s will allow people to trade their crypto for an ‘intrinsically worthless’ rock
Is the auction house betting that diamonds will become a crypto user’s best friend?
Sotheby’s to Accept Crypto for Rare 100-Carat Diamond in Upcoming Auction
“The most ancient and emblematic denominator of value can now, for the first time, be purchased using humanity’s newest universal currency.”
Cointelegraph Consulting: Report pictures a crypto-consumer portrait
While some have doubts when it comes to cryptocurrencies as a form of payment, this survey of active users indicates that they are genuinely impactful reasons for switching to crypto.
El Salvador reportedly weighing paying employees in Bitcoin
A 2001 law on monetary integration in the country states that salaries and fees may only be paid in colónes or dollars.
Latin American telecom company accepts crypto payments through BitPay
GoldConnect will be able to process crypto transactions made in Bitcoin, Ether and other digital assets through its new LatamConnect platform.