Lens
Advanced Blockchain Technologies
The Universal Digital Payments Network (UDPN), which aims to offer interoperability between regulated stablecoins and CBDCs, was launched today at the World Economic Forum in Davos.
Zoltan Vardai
Regulation
PayProtocol, the South Korean issuer of payments-focused cryptocurrency Paycoin (PCI), will reapply for a local license to stay in business.
Danny Park
Bitcoin News
Wyre Payments, a San Francisco-based crypto payments firm, will implement withdrawal limits for user accounts, it said in a Twitter statement on Jan.7.
Dylan Butts
Altcoins
Cryptocurrency payments company Wyre is reportedly shutting down operations by the end of January, amid the broader crypto market downturn following the fall of FTX
Zoltan Vardai
Altcoins
Visa is researching ways to introduce recurring, automatic payments for self-custodial Ethereum wallets.
Zoltan Vardai
Regulation
The Monetary Authority of Singapore is exploring blockchain-based payments solution to solve the challenges in cross-border transactions. See related article: Singapore warms up to crypto industry — on its own terms Fast facts The current state of cross-border payments “is slow, costly, opaque, and inefficient, relying on an archaic network of correspondent banks,” Ravi Menon, […]
Pradipta Mukherjee
Bitcoin News
Speaking in an interview with Bloomberg Television on Tuesday, JPMorgan Chase & Co.’s global head of payments Takis Georgakopoulos said that demand for cryptocurrencies as a payment method has seen a drastic decline in the past six months. See related article: JPMorgan, LRC bet on blockchain startup Ownera in US$20 mln Series A Fast facts […]
Dylan Butts
Bitcoin News
Australian consumers can use cryptocurrency to pay for gasoline and other goods — including Krispy Kreme donuts — at 175 OTR service stations through a partnership with Crypto.com and payment terminal provider DataMesh Group Pty Ltd. See related article: Crypto.com inks AU$27M deal with the Australian Football League Fast facts The service stations allow Crypto.com […]
Lachlan Keller
Altcoins
FOMO Pay will partner with Ripple, the San Francisco-based blockchain payments company, to utilize its XRP-based tool that enables instant low cost settlement without the need to hold pre-funded capital in a destination market, the Singapore based company said. See related article: CrossTower in pact with Ripple to offer NFTs on XRP Ledger Fast facts […]
Zoltan Vardai
Altcoins
South Korean payment services platform Danal has partnered with LG CNS to develop a payments network that hopes to bring Web3-related digital assets payments to the existing financial system. See related article: South Korea’s SK Telecom to build its first Web3 wallet Fast facts LG CNS is an information technology consulting and solutions subsidiary of […]
Danny Park
