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payments
Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia
At its annual conference, Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.
Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog
Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.
Visa Taps Solana and USDC Stablecoin to Boost Cross-Border Payments
The company said it is one of the first major payment institutions to use directly the Solana network for settlements.
Elon Musk's X Has Licenses in Multiple U.S. States to Process Payments, Including Crypto
Musk's social media platform, X, formerly Twitter, has obtained money or currency transmitter licenses in seven U.S. states including Maryland, New Hampshire and Rhode Island.
MoonPay Offers Binance.US a Solution to Crypto Payments Suspension
The U.S. exchange's customers now have the option of buying stablecoin USDT using their debit or credit cards, Apple Pay and Google Pay and converting it into crypto tokens.
PayPal to Stop Crypto Purchases in UK Until 2024
The company said the pause is due to the U.K. financial regulator’s upcoming stricter rules, which include the travel rule to combat money laundering set to take effect Sept. 1.
Visa Tests Way to Make Paying Ethereum Gas Fees Easier
The process is too complex for the masses, the company said.
PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum
The token will be available first on PayPal and then on Venmo, and can be exchanged for U.S. dollars at any time.
Coinbase, a16z-Backed 'Cash-Like' Crypto Wallet Beam Goes Live
Where most wallets require signing up, performing a degree of KYC checks, Beam users can send payments simply by using a link to a QR code. Thus it is aiming to create the closest possible equivalent to using crypto like cash.
Crypto Startup Ramp Network Starts Brazilian Unit as First Step in LatAm Expansion
Ramp said that it will look to link up with local payment networks, such as the widely used Pix in Brazil.
