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NEO DevCon 2019  •  
February 16-17, 2019

# payments News

Japan's Mitsubishi UFJ Financial Group (MUFG),  the fifth largest bank in the world with more than $2 trillion in assets, is collaborating with Akamai Technologies Inc., to launch a distributed ledger technology (DLT) based payments system called Global Open Network, according to a press release on February 13, 2019. MUFG...
According to a blog post published on February 1, 2019, cryptocurrency payment gateway CoinGate has added Ripple’s XRP token to their list of 50 plus digital currencies that can be used to make payments for online transactions. XRP Accepted at More than 4,500 Online Shops Building on the recent flurry...
Cross-border payments leader Swift has inked a partnership with blockchain-based startup R3 to integrate the latter’s trade finance platform to its latest payments standards framework GPI, reports CNBC on January 30, 2019. Swift Snubs Ripple for R3 Swift, the undisputed leader in international payments transfer industry is looking to revamp...
January 31, 2019 by at Bitcoin, News, Regulation
On January 29, 2019, Izz ad-Din al-Qassam, the armed wing of the Hamas group announced that they are now accepting donations in bitcoin. This move comes after the organization’s financial isolation due to banking bans. The U.S. and Europe already designate Hamas as a terrorist group. Cash-Strapped Due to Banking...
January 24, 2019 by at Altcoins, Bitcoin, Business, Finance, News, Regulation
The Singaporean government has declared that cryptocurrencies aren’t legal tender and has cautioned business owners against accepting it, just as JK Jewellery has announced that crypto would be accepted in their stores. The Debate Surrounding Legal Tender The legality of cryptocurrency varies from place to place. While countries like Venezuela...
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