Payment systems news

According to the company, users within select regions can now trade and store Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).

The tech giant will also use Coinbase's custody service, Coinbase Prime.

The tech giant will also use Coinbase's custody service, Coinbase Prime.

Customers who use the Binance Pay Wallet to pay for their orders will be eligible to enter a rewards program.

The bugs are unlikely to stop the Merge or delay it from happening on September 15 because there are several other execution clients on Ethereum.

Paypal has stepped up its regulatory compliance by joining TRUST to streamline its reporting requirements relating to the digital assets “travel rule.”

Meta, the metaverse-based platform, has announced the launch of a new wallet directed to support value interaction in the metaverse. Meta Pay, a rebrand of the former Facebook Pay service, will keep fulfilling the same functions that Facebook Pay did in the past, but will be developed as a universal way of paying for goods and services using digital identities in the metaverse.

Popular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its userbase. Reaching more than 700 million active users monthly, the new tier answers to the need of these users for more bandwidth and storage capacity, according to Pavel Durov, CEO of the company.

Leading shopping mall operator Majid Al Futtaim has partnered with Binance to accept cryptocurrencies at its malls and other properties. “Majid Al Futtaim is one of the most prestigious businesses in the Middle East and has millions of customers every year,” said the CEO of Binance.

The e-payments giant Alipay, part of the Alibaba business empire, has added an advanced search function for users wishing to use its platform to make payments using the digital yuan within the fast-expanding pilot zone.

The commission will consult with industry specialists on issues concerning the digital euro including international payments, privacy and the impact on financial stability.

Cryptoassets continue to prove their case in Ukraine, as well over USD 100m in crypto was raised during the first five weeks of the Russian invasion.

Binance has just unveiled Binance Bridge 2.0, which will allow for the connection of traditional crypto-based centralized finance products (CeFi) with decentralized finance (DeFi) products. The tool will enable users to securely bridge assets from any blockchain to its on BNB Chain (formerly known as the Binance Smart Chain).

Starting with iPhone users, MetaMask is adding integrations with payment gateways on its mobile wallet to increase options for buying crypto.

Regulators in Thailand have decided to limit the use of cryptocurrencies as a means of payment. The authorities consider the country’s current payment system efficient and insist cryptos would only bring risks for the financial system, economy, people and businesses.

An international banking alliance is using the Ripple blockchain network technology for cross-border payments efficiency. Banks from Canada and Israel signed an agreement with National Australia Bank (NAB), Australia’s largest business bank, to improve the security and efficiency of their payment systems, share innovation strategies, and more.

HSBC has become the first traditional global financial institution to purchase virtual land in the metaverse.

Visa has a number of crypto products and services that it now offers to its customers. A new job posting by the payments platform indicates that Visa is now seeking to further grow this area of their business.

This move follows various other banking veterans making the change from Wall Street to crypto ventures. Alex Kriete, co-head of digital assets at Citi, announced his resignation from the banking giant after 11 years at the firm on Thursday via LinkedIn. He stated in his post that he intends to devote himself full-time to developing a new cryptocurrency company but provided no additional details at the time.

"Visa and Mastercard dig their own graves by politicizing their products and pushing people all over the world toward Bitcoin," said Marty Bent.