Bank of Japan Commences the First Phase of Virtual Currency Assessments
By Wayne Jones
Japan’s Central Bank has begun its first testing stage involving the use of Central Bank-based Digital Currencies(CBDC), experimenting with functions like distribution and issuance. The first phase will take about one year, primed to end around the third month of…
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Payments firm Nuvei launches support for 40 cryptos including Reddcoin and DOGE
Payment provider Nuvei has launched support for nearly 40 crypto assets including lesser-known coins from previous market cycles, such as Reddcoin, Steem, Bitcoin Gold, and Siacoin. E-commerce merchants can now transact in nearly 40 cryptocurrencies through global payment platform Nuvei. According…
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Wirex halts UK signups after consultation with financial regulator
By Greg Thomson
Wirex has temporarily halted signing up new U.K. customers following what it called “constructive dialogue” with the Financial Conduct Authority. London-based cryptocurrency and fintech firm Wirex has announced that it will no longer take on new U.K.-based customers following discussions…
Bitcoin is now worth more than Visa and Mastercard combined
The largest cryptocurrency also recently beat the world’s three biggest banks by market cap, data confirms. Bitcoin (BTC) did more than hit $60,000 per coin last week — it also became worth more than the world’s three biggest banks combined.According…
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Apple Pay integration and Staking 3.0 launch push COTI price to a new high
COTI price hit a new all-time high following the roll-out of Staking 3.0 and a Simplex integration that allows Apple Pay users to purchase the token. As big-name payment processors like Visa and Mastercard increasingly integrate blockchain technology into their…
‘Bitcoin Doesn’t Behave Like A Payment Instrument’, Says Mastercard’s Vice-Chair
By Steven Msoh
Mastercard may have warmed up to cryptocurrencies recently, but if you’re expecting to use your debit cards to pay for your coffee, an executive at the payments giant has bad news for you. Ann Cairns, the executive vice chair at…
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Mastercard Vice-Chair Says Bitcoin Too Volatile to be a Part of its Crypto Payment Plans
Mastercard vice-chair Ann Cairns in a recent conference said Bitcoin is too volatile for its upcoming crypto payment services that the company announced earlier this month. Cairns believes Bitcoin in its current form is too volatile and slow to be…
Lastbit Launches Two Lightning Payment Apps To Boost Adoption In Europe
Today, bitcoin payments company Lastbit announced the launch of two payment apps designed to spread use of the Lightning Network among Europeans. One of the apps, Lastbit Lite, is a mobile payment app that integrates a Lightning Network wallet with…