Ripple now owns nearly 10 percent of MoneyGram’s outstanding common stock after completing its $50 million equity investment.
Coinbase Expands Reach of Visa Card in Europe, Adds 5 New Cryptos
The exchange has added new crypto options to its Visa debit card, including XRP, XLM and REP, and also expanded availability to 10 more nations.
PayPal’s Axing of PornHub Model Payments May Boost Verge Crypto
PayPal has abruptly cut its payments service to thousands of live performers on Pornhub. Can the verge crypto pick up the slack?
BitGo Says It’s Now Processing 20% of Bitcoin Transactions
The crypto custodian facilitates a sizable share of on-chain transactions, a sign of consolidation, and power, in the crypto space.
MAS, JPMorgan Build Payments System With Inter-Blockchain Connectivity
Working with JPMorgan and Temasek, Singapore’s central bank has developed a prototype blockchain-based cross border payments system.
Crypto Hedge Fund Ember Seeks $1 Million in SEC-Registered Equity Sale
Ember Fund, makers of an AI-managed cryptocurrency portfolio app, is seeking to raise up to $1 million through an SEC-registered securities sale.
Pre-Brexit, Koine Wins E-Money License from UK’s FCA, Now Seeking Luxembourg, UAE, U.S. Permissions
Digital asset custodian Koine secured an e-money license from U.K. regulators, while it now looks abroad to prepare for a future Brexit.
‘Clicks and Bricks’ Strategy to Drive Korean Users to Terra’s Blockchain
Terra Blockchain’s CHAI dapp is rolling out a back-to-basics “clicks and bricks” growth strategy to boost retail adoption in South Korea.
CEO: Coinbase Has Earned $2 Billion in Transaction Fees Since 2012
Coinbase turned a profit since 2017 and has earned $2 billion in transaction-fee revenue since its founding in 2012.
Tencent Says Libra Would Pose Serious Threat to Alipay, WeChat Pay
Chinese internet giant and parent of WeChat, Tencent said Libra would pose serious risks to current digital payment systems in the country.
Blockstack’s STK Token Now Traded on Binance and HashKey Pro
The advance is set to expand investors’ access to Stacks (STX) – especially in Asia, a “priority region” for Blockstack.
Ripple Boosts Blockchain Advocacy Efforts With New Washington DC Office
Ripple has opened a new D.C. office and expanded its regulatory team as it seeks to better educate policymakers on blockchain tech.
As Lightning’s Economy Takes Shape, Devs Are Split on Proposed Fee Hike
At the lightning network’s inaugural conference in Berlin, the future economics of the bitcoin payment technology took center stage.
Libra Could Drop ‘Basket’ and Issue Individual Fiat Stablecoins
Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate.
France’s Le Maire Attacks Facebook’s ‘Political’ Ambitions With Libra
The French finance minister has said Libra is an “unacceptable” challenge to state sovereignty and suggested political motives behind the project.
Blockchain-Shy Bank of America Quietly Pilots Ripple Technology
Bank of America, the second-largest U.S. bank, has discreetly tested out Ripple’s distributed ledger technology – and may be planning to do more with it.
US Treasury Secretary: Regulatory Fears Forced Libra Exodus
U.S. Treasury Secretary Mnuchin said backers of Facebook’s Libra withdrew from the project, fearing it would not meet regulatory standards.
5 Top Car Makers Enter Field Trials for Automatic Blockchain Payments
Renault, BMW, General Motors, Honda and Ford are set to begin real-world testing of blockchain IDs for cars next month.
Draper-Backed Startup Launches .Crypto Domains on Ethereum
Unstoppable Domains, which builds domains on blockchains, has just launched a .crypto extension that can replace public crypto addresses.
Bank of America Is Now Hiring in Blockchain, Not Just Filing Patents
Bank of America has begun hiring for blockchain positions, the first indicator that the bank plans to do much else with the tech besides filing patents.