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Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet

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.

27 JUNE 2022

Visa Partners With 60 Crypto Platforms to Let Consumers Spend Digital Currency at 80 Million Merchants

Visa’s head of crypto has revealed that the payments giant has partnered with about 60 leading crypto platforms “to launch card programs that make it easy for consumers to convert and spend digital currency at 80 million merchant locations worldwide.” He emphasized, “We’ve built a lot of momentum in this space, and we’ll continue to support the crypto ecosystem in several ways.”

22 DECEMBER 2021

BK’s Bithumb deal on verge of collapse

BK’s Bithumb deal on verge of collapse

A deal to sell Bithumb, South Korea’s largest cryptocurrency exchange, is at the risk of falling apart one year after the decision to sell it, industry sources said Sept. 30.

30 SEPTEMBER 2019

BitPay Launches Support for Ethereum

BitPay Launches Support for Ethereum

BitPay, the largest global blockchain payments provider, today announced its customers will soon be able to safely, securely, and compliantly accept Ethereum. Businesses using BitPay for payment processing can accept Ethereum for purchases without the need for any integration or enhancements. Additionally, wallet users will be able to store and use Ethereum in a BitPay wallet and BitPay Prepaid Visa Card holders can top up debit cards.

16 SEPTEMBER 2019

Cheapair.com users can pay in Ethereum with a MetaMask add-on

Cheapair.com users can pay in Ethereum with a MetaMask add-on

Cheapair.com, a California based travel service provider has added support for Ethereum as payment for its flight-booking services as reported by Travolution. The firm has been among very few travel service providers who allow users to make crypto payments for flights and hotels bookings.

1 AUGUST 2019

SWIFT settles cross-border payment in 13 seconds in a global trial

SWIFT settles cross-border payment in 13 seconds in a global trial

Interbank messaging giant SWIFT has settled a cross-border payment, from Australia into Singapore, in just 13 seconds in a global trial.

22 JULY 2019

Crypto Broker Prasos Wins EU Payment Institution License

Crypto Broker Prasos Wins EU Payment Institution License

A Finland-based firm offering cryptocurrency brokerage and exchange services has been granted a Payment Institution License (PIL) in the EU.

13 JULY 2019

Major Utility Settlement Coin Project Raises $63 Mln for Commercial Realization

Major Utility Settlement Coin Project Raises $63 Mln for Commercial Realization

The Utility Settlement Coin (USC) project — led by some of the world’s largest banks — has announced the creation of a new firm and closure of an accompanying £50 million ($63.2 million) Series A financing round. The news was revealed in a press release shared with Cointelegraph on June 3.

3 JUNE 2019

Cryptocurrencies Dismissed as ‘Speculative Investment Vehicle’ by US Congress

Cryptocurrencies Dismissed as ‘Speculative Investment Vehicle’ by US Congress

The Congressional Research Service (CRS) has recently published a report, which examines the potential role of cryptocurrencies in the US retail system.

31 MAY 2019

BitPay Partners With Refundo to Enable Taxpayers to Receive Refunds in Bitcoin

BitPay Partners With Refundo to Enable Taxpayers to Receive Refunds in Bitcoin

Cryptocurrency payment services firm BitPay has partnered with tax-related financial products company Refundo to enable people to get a portion of their tax refund back in bitcoin (BTC). The development was announced in a press release shared with Cointelegraph on April 30.

1 MAY 2019

Traders Pulled Out $165 Million From Bitfinex In The Past 12 Hours

Traders Pulled Out $165 Million From Bitfinex In The Past 12 Hours

Bitfinex has withdrawn around 17,000 bitcoins from its wallet as part of a financial battle over missing funds worth $850 million.

27 APRIL 2019

Yelp Adds “Accepts Cryptocurrency Payment” Filter

Yelp Adds “Accepts Cryptocurrency Payment” Filter

Business search service Yelp now offers a filter that narrows down results to those that accept payment in cryptocurrency, Redditors noticed yesterday.

26 APRIL 2019

Bitrefill Now Lets You Pay for Airbnb Rentals With 5 Cryptocurrencies

Bitrefill Now Lets You Pay for Airbnb Rentals With 5 Cryptocurrencies

Cryptocurrency gift card provider Bitrefill has added a service allowing users to book Airbnb rentals with five cryptocurrencies.

30 MARCH 2019

Texas bill will require identity verification to use cryptocurrencies

Texas bill will require identity verification to use cryptocurrencies

A bill has been proposed in the state of Texas by Phil Stephenson that would require a person receiving cryptocurrencies as payment to first "verify the identity of the person sending payment." However, according to the bill, verification is not required "if the payment is sent by a verified identity digital currency.”

11 MARCH 2019

Securities Lawsuit Against Ripple to Stay in Federal Court

Securities Lawsuit Against Ripple to Stay in Federal Court

An ongoing securities lawsuit against payment startup Ripple will stay in federal court, per a recent ruling. The news was announced by lawyer Jake Chervinsky in a tweet on Mar. 1.

2 MARCH 2019

E-Commerce Giant Rakuten’s New Payment App Appears to Support Crypto

Japanese e-commerce firm Rakuten announced that a major update of its Rakuten Pay mobile app will be released on March 18, according to the firm’s 2018 earnings release, published on Feb. 12. The app’s new structure appears to indicate that it will support cryptocurrency payments in addition to fiat.

18 FEBRUARY 2019

Crypto Payment Processor CoinGate Adds Support for Ripple’s XRP

Cryptocurrency payment processor CoinGate has added Ripple’s native token XRP to its payment options for merchants, a company tweet revealed Feb. 1.

2 FEBRUARY 2019

USDX Wallet: a payment system and a stablecoin for everyday use

There are lots of projects creating cryptocurrency for P2P payments, while stablecoins became a hot topic of 2018. Yet, most of these projects are either under development or too complicated for everyday use. USDX Wallet payment system was created for people who don’t want to monitor crypto prices and their volatility. It was designed for smooth and quick transactions and payments, as easy as messaging. USDX Wallet app and its stablecoin are available for iOS and Android.

12 NOVEMBER 2018

EY Reveals Zero-Knowledge Proof Privacy Solution for Ethereum

"Big Four" accounting firm EY has announced a tool that it says will bring private transactions to ethereum – that's the public blockchain, not a permissioned, enterprise version of the network.

31 OCTOBER 2018

Crypto Payment Platform BitPay Introduces Settlement in Stablecoins

U.S.-based cryptocurrency payment processor BitPay has started accepting stablecoins, according to an announcement published Oct. 15. The company now allows its merchants to receive settlements in Gemini Dollars (GUSD) and Circle USD Coin (USDC).

16 OCTOBER 2018

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