Tether, TON team up with mobile app for USDT-to-fiat transactions

The Open Network users will be able to use Oobits Tap & Pay technology to pay merchants in fiat while spending USDT.

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US National Security at Risk Due to China Dominance in Mobile Payments, says former State Department Official

Former Department of State official Anja Manuel warns that if the US loses its dominance in financial innovation and payments, it could impact its national security policy, specifically on sanctions. Manuel stated that China is catching up on dominance in mobile payments, which could make enforcing sanctions against “bad actors” like Iran or North Korea more challenging. (Read More)

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Bitcoin-friendly Cash App integrates TaxBit amid tax-filing season

Bitcoin evangelist Jack Dorsey’s Cash App is making it easier for BTC holders to calculate their taxes with the TaxBit integration.

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Block's Cash App Bitcoin Revenue Falls 7%

Jack Dorsey's Block Inc. reported a 7% reduction in Bitcoin sales in Q4, with its Cash App producing $25 million of BTC gross profit, down 25% YoY. (Read More)

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The Importance of Embedded Finance in Today's Fintech World

Banking, lending, insurance, payments, and branded credit cards are popular integrated financial products. (Read More)

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Why crypto remittance companies are flocking to Mexico

Mexico has a burgeoning crypto remittance market that has immense potential.

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Bitcoin Lightning Network vs Visa and Mastercard: How do they stack up?

Bitcoin’s Lightning Network has been growing at a slow pace. What’s keeping it behind, given its high transaction throughput?

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Binance aims to become a super app with Splyt crypto partnership

The partnership with the "super app enabler" will allow users to pay for taxi services and food deliveries with crypto using Binance Pay.

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Brainard tells House committee about potential role of CBDC, future of stablecoins

The Fed vice chair told the House Financial Services Committee that a CBDC offers stability, interoperability in increasingly complex economic system.

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Bahamas’ Sand Dollar CBDC Begins Facial-Recognition Rollout to Authorize Mobile Payments

Millions of Bahamas smartphone users have started using facial recognition technology to authenticate Sand Dollar CBDC payments made through smart devices. (Read More)

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Canadian Bitcoin Firm, Shakepay, Gains New Security Certificate

Shakepay, a Montreal-based technology company that enables Canadians to buy and earn bitcoins, has gained the System and Organization Controls (SOC) 2 Type 1 security attestation.

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Making money, escaping poverty: Bitcoin and Lightning in Mozambique

A class of 2021 Bitcoiner in Mozambique is using the Lightning Network to transact while using Bitcoin to protect his savings.

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Dozens of VIP backers invest $87M into crypto payment startup MoonPay

Ashton Kutcher, Gwyneth Paltrow, Justin Bieber and Snoop Dogg are among MoonPay's strategic investors who have brought the company's valuation to $3.4 billion.

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Alchemy Pay gains 77% after exchange listings and cross-chain integrations

A fresh round of exchange listings and a cross-chain launch on the Binance Smart Chain have boosted ACH price by 77%.

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Bitwage Launches New Bitcoin-Friendly Platform

The crypto sphere is expanding. Bitwage, a global Bitcoin payroll provider, announced that it has launched a new platform for its new users.

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PayPal stablecoin: What it could mean for payments

PayPal has confirmed it is exploring a stablecoin. Here’s how experts see the potential impact of a PayPal Coin.

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Stablecoin launch and NFT integration back COTI’s rise to a new all-time high

COTI price rallied to a new high after a series of partnerships, exchange listings and a pivot toward NFTs lure new investors to the project.

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Strike moves global headquarters to El Salvador, expands to 65 countries

According to Strike CEO Jack Mallers, the expansion drive aims to counter the “clouded world of crypto exchanges and hidden, unregistered licensing regimes and 1,000 different coins.”

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South Korean central bank charts out future course of payment systems, CBDC

The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country.

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Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments

The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field communication (NFC) payments tethered to the renminbi. The Bank of China explains that the pilot will be tested by selected users and areas and it currently only supports Android phones.

The post Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments appeared first on BTC Ethereum Crypto Currency Blog.

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