Digital payment platform Uphold has announced a new debit card, allowing users to pay with converted crypto, commodities, and cash. Uphold’s new multi-asset debit card allows United States-based participants to spend assets held in their Uphold accounts at any Mastercard compatible location, a representative from Uphold told the media in an interview. “Anywhere globally where […]
The Monetary Authority of Singapore recently opened its doors to crypto by introducing the Payment Services Act. This policy is intended to regulate cryptocurrency payments and trading using regulations that currently govern traditional fiat payment services as a guideline. Any interested parties must apply for the appropriate licenses in Singapore, including a standard payment institution […]
Remittances giant MoneyGram announces a new service allowing real-time money sending, but the solutions of its blockchain partner Ripple aren’t involved. MoneyGram recently makes FastSend public. It’s a brand new service that allows its customers to send money in real-time to a phone number via a dedicated website or mobile application. Still, the firm’s answers […]
Binance Futures launches ADA/USDT perpetual contract with up to 75X leverage. According to the official announcement, the cryptocurrency trading platform Binance made the launch on 31st January 2020. As a result, users can now select between 1-75X leverage. Since its launch in September 2019, Malta-based exchange’s futures trading platform – Binance Futures – has added […]
Omni, one of the Ripple’s first major investments just closed its doors for good. Originally based in San Francisco, Omni (the peer-to-peer rental startup) was earlier reported to shut down its operations by late 2019. However, the piece of news becomes true this week. According to new reports, the company officially ends its services and […]
The director of product at Ripple, Craig DeWitt, has been working on a personal project for a couple of months now. His sole mission is to connect digital content creators such as musicians directly with consumers to help cut costs. In an exclusive interview with The Block, he told that when you cut out the […]
Ripple, the blockchain payments firm, is targeting more partnerships with Brazilian banks in 2020. Recently, the company hit a valuation of $10 billion; and therefore, plans to expand partnerships. The firm’s current focus is to coordinate with banks and regulators in Brazil to make remittances more efficient. The Managing Director of Ripple, South America Luiz […]
Ripple and XRP, the payments giants today, can truly transform global payments. The MoneyGram CEO Alexander Holmes says in his recent press meet. The comments come from the CEO when he is delivering new insight into the company’s partnership with Ripple. The two companies teamed up in June, with Ripple buying a $50 million stake […]
The all-time controversial cryptocurrency payment processor BitPay supports three major stablecoins now in addition to its existing list of supported tokens. According to the press release, BitPay confirms that businesses could accept payment in USDC, GUSD, and PAX. All of them are pegged to the U.S. dollar. USDC stands for USD Coin GUSD stands for […]
Singapore based digital currency exchange Bitrue has made an announcement that it is planning to launch a crypto-backed loan platform. It will be a low-interest crypto lending platform…