India Expands Payment Ties With Regional Partners to Strengthen Cross-Border Financial Networks

November 21, 2024 Bitcoin.com

bitcoin.com

India’s expanding payment ties with nations like UAE and Sri Lanka highlight a push for seamless transactions, paired with cautious central bank digital currency (CBDC) advancements. India’s Growing Regional Payment Ties Signal a New Financial Era India is broadening its payment linkages with several nations, including Sri Lanka and the United Arab Emirates (UAE), as […]

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Stripe acquires stablecoin platform Bridge for $1.1B: TechCrunch founder

October 21, 2024 Coin Telegraph

Stripe acquires stablecoin platform Bridge for .1B: TechCrunch founder

Acquisition

The deal marks one of crypto’s largest acquisitions, allowing more businesses to deal in stablecoins.

Payment processing giant Stripe has reportedly acquired stablecoin platform Bridge in a $1.1 billion deal, according to TechCrunch founder Michael Arrington.

The deal had been in “advanced stages” from at least Oct. 17, according to reports at the time, which representatives from both organizations did not address.

“This deal is done. $1.1b,” Arrington wrote in an Oct. 20 X post.

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Paypal Expands Crypto Reach: 60 Million Venmo Users Now Linked to Moonpay

October 18, 2024 Bitcoin.com

bank

Venmo’s 60 million users can now fund transactions on the Moonpay platform, thanks to a new integration announced by Paypal. U.S. users can use Venmo balances, linked bank accounts, or cards to buy and sell cryptocurrencies through Moonpay, expanding payment flexibility. However, this option is unavailable in New York and Texas, continuing Paypal’s push into […]

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Bank Paying $29,500,000 To Americans for Allegedly Bombarding People With Illegal Phone Calls, Demanding Nonexistent Debt Payments

October 15, 2024 The Daily Hodl

bank

One of the largest banks in the US is preparing to hand out $29.5 million to settle accusations that the lender illegally robocalled hundreds of thousands of people. Citibank is accused of making unsolicited, prerecorded calls requesting debt payments to people who don’t even have accounts at the bank. Lead Plaintiff Christine Head claims the […]

The post Bank Paying $29,500,000 To Americans for Allegedly Bombarding People With Illegal Phone Calls, Demanding Nonexistent Debt Payments appeared first on The Daily Hodl.

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Cardano hosts first smart contract legally enforceable in Argentina

October 10, 2024 Coin Telegraph

ada

Cardano is host to the first smart contract over which Argentina’s courts have jurisdiction after the country legalized crypto for payments in commercial contracts last December.

Cardano is hosting on its network the first legally enforceable smart contract signed in Argentina and under the jurisdiction of its courts.

The contract is a loan agreement between Cardano ambassadors Mauro Andreoli and Lucas Macchia for 10,000 Cardano (ADA) tokens—worth $3,380—payable in four months at a 10% interest rate.

It’s the first time an Argentine court can enforce full payment in ADA from a Cardano smart contract, Andreoli explained in an Oct. 8 X post.

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Russia Pushes for Sustainable BRICS Interbank Networks and Payment Systems

September 24, 2024 Bitcoin.com

bitcoin.com

Russia is pushing to develop independent interbank networks and payment systems within BRICS to boost the bloc’s financial influence. Moscow aims to expand cross-border settlements and the use of national currencies in BRICS trade, as part of a strategy to reduce dependence on Western financial institutions. These efforts have gained attention during Russia’s BRICS presidency, […]

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

September 16, 2024 Bitcoin.com

Bank of Russia

The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks to enhance payment efficiency and reduce costs, with retailers also […]

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network

September 15, 2024 Bitcoin.com

bitcoin.com

Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re paving the way towards real-world solutions that will enable our members to access and transact with regulated digital assets and […]

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Bilateral Settlement Between China and Russia Worsens Due to New Sanctions

September 2, 2024 Bitcoin.com

bitcoin.com

The payment flow between China and Russia is being disrupted once again due to the enactment of a new package of sanctions that includes 46 Chinese companies allegedly assisting the Russian war effort. This has affected imports of dual-use products, which can be used for both military and civilian purposes, as well as other merchandise. […]

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Dubai Court Recognizes Cryptocurrency for Salary Payments

August 17, 2024 Bitcoin.com

bitcoin.com

In a landmark decision, the Dubai Court of First Instance has recognized the payment of salaries in cryptocurrency under employment contracts, marking a significant shift in the United Arab Emirates (UAE)’s legal approach to digital currencies. The 2024 ruling, case number 1739 of 2024, contrasts with a 2023 decision where a similar claim was rejected […]

payment

Share this video