Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says
Blockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank. Russia’s largest bank is working with other financial institutions to develop blockchain-based payment…
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for…
Binance Launches Prepaid Card in Colombia
Binance, the cryptocurrency exchange, has launched a prepaid cryptocurrency card in Colombia, expanding its reach in Latam. The card, which will allow customers with their identity verified to make payments…
China’s Wechat Adds Support for Digital Yuan Payments
Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage…
Xapo Bank Becomes First Bank To Offer Bitcoin Lightning Payments
Xapo is partnering with Lightspark to allow its customers to send bitcoin near-instantaneously to any vendor who accepts BTC over Lightning. Gibraltar-licensed private bank Xapo Bank has partnered with Lightspark,…
Mash Introduces Ghost Checkout, Enabling Bitcoin Payments Without An Account
Users will now be able to use the payment service to instantly support content sources using Bitcoin without registering an account. Mash, a monetization service powered by Bitcoin’s Lightning Network,…
South African Retail Giant Pick-n-Pay Now Accepts Bitcoin Payments At All Locations
Pick n Pay has partnered with CryptoQR in order to accept bitcoin at more than 2,000 stores. Pick n Pay, a South African retailer, has launched acceptance of bitcoin for…
Twitter Prepping For Payments, Could Include Bitcoin And Crypto: FT
Elon Musk’s Twitter is preparing to add payments functionality that could potentially include cryptocurrency, inside sources told the Financial Times. Twitter is prepping for payments, and bitcoin might be in…
Central Bank of Turkey Reports First Payment Transactions on Digital Lira Network
The Central Bank of the Republic of Turkey (CBRT) has conducted the first payment transactions on the test network of the digital lira. The monetary authority intends to proceed with…