#Crypto Payments News

Get Paid and Spend Crypto Using the Fastest Crypto Payment

September 9, 2021 by Dalmas Ngetich at Altcoins

Embily is an innovative and unique platform that allows its users to spend various cryptocurrencies with the same ease and security as other traditional currencies. Better still, did you know Embily is accepted over one million points of sales across the globe? Embily is helping cryptocurrencies grow beyond just HODLing,...

Could Crypto Payments Power Bingo Sites In The Future?

July 22, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

There is no doubt about the fact that cryptocurrency has had a major impact on the global economy in recent years. While initially it was thought of as somewhat of a fad, now major institutions are heavily invested and there are now more cryptocurrencies than ever before. At first, bitcoin...

Bitcoin-Becomes-the-Main-Method-Of-International-Payment

U.S. Online Retailer Accepts Bitcoin and Other Cryptocurrencies Payments

July 13, 2021 by Anthonia Isichei at Bitcoin

Wellbots, a major smart products e-retailer in the United States, has become the latest company to add the cryptocurrency payment option on their platforms, as the online retailer is now accepting bitcoin, ether, and other cryptocurrency assets. Wellbots Enables Purchase With Crypto The e-retailer made the announcement in a press...

CMCC Exchange now a Member of Hong Kong Cryptocurrency Union

CoinZoom Accelerates Wide-Scale Adoption Of Cryptocurrencies

July 12, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

With a variety of institutional-grade trading options, the full-featured crypto exchange CoinZoom is spearheading the blockchain revolution. From trading to a range of Visa cards, the platform is lowering crypto entry barriers. Fully-Regulated & Compliant Platform Bolster’s Cryptos Uses With hundreds of cryptocurrency exchanges and trading platforms across different blockchains,...

Thailand’s Central Bank Cautions Against Using Crypto as a Means of Payment

July 10, 2021 by Anthonia Isichei at Regulation

The Bank of Thailand (BOT) has issued a warning against using digital assets as a payment method, stating it could work with the country's Securities and Exchange Commission (SEC) if crypto payments become widespread. BOT Against the Widespread Adoption of Crypto for Payments The BOT made the warning in a...

Bank Indonesia Prohibits Cryptocurrency as Payment Tool

Indonesia’s Central Bank Bans the Use of Crypto as Payment Method

June 16, 2021 by Anthonia Isichei at Regulation

The Bank of Indonesia (BI) has banned the use of cryptocurrency as a means of payment, stating that the payment method is not legitimate in the country. Crypto as Payment Tool Not Legitimate in Indonesia According to Tempo on Tuesday (June 15, 2021), Perry Warjiyo, the governor of the Bank...

WeWork has announced they are now accepting cryptocurrencies as payment

WeWork Accepts Bitcoin and Other Crypto for Payments

April 21, 2021 by Anthonia Isichei at Bitcoin

Commercial real estate company and flexible workspace provider WeWork has become the latest company to start accepting bitcoin and other cryptocurrencies as a method of payment. WeWork Adopts Crypto According to a press release on Tuesday (April 20, 2021), WeWork stated that it would enable clients to make payments using...

Paypal’s Move to Crypto Might Is not What it Seems, Here’s the ‘Catch’

PayPal Establishes Cryptocurrency Checkout Service

March 30, 2021 by Wayne Jones at Bitcoin

PayPal will begin allowing U.S. consumers to utilize their crypto holdings to make payments at millions of its online merchants globally, a move that could significantly uplift the use of digital assets in everyday commerce. A Convenient Route for U.S Crypto Traders PayPal's Checkout will allow Bitcoin (BTC), Ether (ETH),...

U.S. Luxury Hotel Group to Accept Crypto Payment

March 11, 2021 by Anthonia Isichei at Bitcoin

The Kessler Collection, a Florida-based luxury hotel group, recently announced that it started accepting bitcoin along with other cryptocurrency assets as a payment method across all its hotels. The Kessler Collection Joins BitPay to Enable Crypto Payment According to Hotel Business on Wednesday (Mar. 10, 2021), the Kessler Collection became...

Signal Rumored to Be Creating Privacy Crypto Payment Feature

January 27, 2021 by Anthonia Isichei at Altcoins

Privacy-centric messaging app Signal is reportedly working on modalities to introduce a crypto payment gateway for users on the platform. However, critics of the plan say the move could bring further regulatory heat on the company. Signal May Tap Stellar-based MobileCoin Privacy Crypto According to a report by popular technology...

Bitcoin holders barred from depositing profits in UK banks

Crypto Holders in the UK Cannot Deposit Profits in Banks

January 10, 2021 by Wayne Jones at Bitcoin

For the past few months, Bitcoin has been rallying to all-time highs, but anyone who wants to take profits might struggle to cash into banks. It is because some banks are refusing transfers from bitcoin exchanges. HSBC, one of the world's largest banks, does not process cryptocurrency payments and does...

PayPal to Develop Robust Digital Wallet in 2021, Witnesses Surge in Crypto Demand

November 4, 2020 by Anthonia Isichei at Bitcoin

Following its recent adoption of cryptocurrency, PayPal recently gave details of its crypto and digital wallet plans for 2021, while also stating that central bank digital currencies (CBDCs) may take time, but they are here to stay. PayPal Sees Rise in Crypto Demand According to Fortune on Tuesday (November 3, 2020)...

PayPal Has Filed a Patent for a Cryptocurrency Transaction System

Bitcoin Sets New 2020 High as PayPal Announces Crypto Adoption

October 21, 2020 by Anthonia Isichei at Bitcoin

The Bitcoin (BTC) price is making a move towards the $13,000 price mark buoyed by the news of PayPal allowing crypto transactions on its platform. Bitcoin had been trading in a tight-range at the $11,540 region as downward pressure from multiple sell walls at $12,000 preventing the top-ranked crypto from...

bitcoin being exchanged between two people

Can Payment Services Drive the ‘Fourth Industrial Revolution’ in Crypto?

September 2, 2020 by Aisshwarya Tiwari at Altcoins, Opinion

The legislative body of the European Union is concluding the proposal for the region’s first cryptocurrency and digital finance framework. With tokenized securities, payment solutions, and DeFi on the rise, this grants industry businesses opportunities to leverage their legitimacy and open their doors to the broader consumer market. Skepticism remains...

Switzerland’s top online retailer completes transaction with digital franc

Sygnum Stablecoin Used for Payment Transaction on Swiss Giant Online Retail Platform

August 28, 2020 by Anthonia Isichei at Regulation

Switzerland crypto-friendly bank Sygnum in conjunction with cryptocurrency platform Coinify and Galaxus, Switzerland’s largest online successfully completed an e-commerce transaction using Sygnum’s stablecoin. First e-Commerce Transaction Using Stablecoin Sygnum announced the news of the transaction via a press release on Thursday (August 27, 2020). According to the post, the e-commerce...

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