Payment

Canada Officially Classified Cryptocurrency Companies as Financial Service Businesses
Jun 04, 2020 at 09:39
News
Canada Officially Classified Cryptocurrency Companies as Financial Service Businesses
Canada has recognized cryptocurrency handling companies such as exchanges and payment service providers, as legitimate ‘Money Services Businesses (MSB)’, as the money laundering and terrorism financing act (PCMLTFA) amendment started acting.
CME Customers Lean Towards Trading Cash-backed Bitcoin Products
May 22, 2020 at 09:10
News
CME Customers Lean Towards Trading Cash-backed Bitcoin Products
The Chicago Mercantile Exchange (CME), a global derivatives marketplace, revealed that Bitcoin futures investors lean towards cash payments over the physical delivery method they receive in Bitcoin (BTC).
Venezuelans Will be Able to Shop Using Bitcoin and other Cryptocurrencies
May 20, 2020 at 14:31
News
Venezuelans Will be Able to Shop Using Bitcoin and other Cryptocurrencies
The economically struggling South American country and a strong supporter of crypto as a means of payment will see over 20,000 merchants recognize bitcoin and other cryptocurrencies as legal tender for shopping come June.
Japan’s Largest Credit Card Company Builds Blockchain Payment System
May 19, 2020 at 09:18
News
Japan’s Largest Credit Card Company Builds Blockchain Payment System
JCB, a global credit card network company in Japan, announced on May 15 that it is building a blockchain-based transaction system in cooperation with a Japanese venture capital and blockchain startup.
Cryptocurrency and Law Enforcement Agencies Make Peace To Combat Human Trafficking Together
May 17, 2020 at 13:26
News
Cryptocurrency and Law Enforcement Agencies Make Peace To Combat Human Trafficking Together
Cryptocurrency companies and law enforcement agencies join forces to battle human trafficking. A new consortium of cryptocurrencies was launched in late April within the Anti-Human Trafficking Intelligence Initiative (ATII).
Cryptocurrency Will Empower Poor Farmers and Vulnerable People
Apr 22, 2020 at 13:20
News
Cryptocurrency Will Empower Poor Farmers and Vulnerable People
Various organizations are working with governments and other NGOs to assist the world’s poorest farmers by helping them sustainably boost production and have easy access to new markets through stablecoins and cryptocurrencies, hence growing their sales and incomes.
Chinese Digital Currency May Not Be Fully Launched for The Public Anytime Soon
Apr 22, 2020 at 08:47
News
Chinese Digital Currency May Not Be Fully Launched for The Public Anytime Soon
Digital Currency Electronic Payment (DCEP) issued by People’s Bank of China (PBoC) will not be mass-produced and will not be issued in large quantities in the short term, China Central Television reports.
Ramping Global Demand for Stablecoins Pushes International Regulators to Stay on the Lookout
Apr 16, 2020 at 12:15
News
Ramping Global Demand for Stablecoins Pushes International Regulators to Stay on the Lookout
Stablecoins climb up in market cap value, while cryptocurrencies still fail to recover from the post-pandemic knockout. This wasn’t left unnoticed by the world governments, and notably, G20, who already sought ways how to cope with a growing demand for stablecoins.
People's Bank of China Says the Creation of Digital Yuan is Advancing as Planned
Apr 12, 2020 at 11:31
News
People's Bank of China Says the Creation of Digital Yuan is Advancing as Planned
People's Bank of China (PBoC) announced on April 11th that China's central bank digital currency (CBDC) is pursuing its original plan.
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