Tag: payments

[ad_1] Max Levchin, the CEO of buy-now-pay-later company Affirm, has confirmed that they will be shutting down their “Affirm Crypto Program” amid dampening consumer spending and a changing macroeconomic environment. The CEO released a letter to shareholders on Feb. 8 alongside a 19% staff cut. He cited uncertain macroeconomic...

[ad_1] Acting United States Federal Deposit Insurance Corporation chairman Martin Gruenberg spoke on Oct. 20 about possible applications of stablecoins and the FDIC’s approach to banks considering engaging in crypto-asset-related activities. Although he saw no evidence of their value, Gruenberg conceded that payment stablecoins merit further consideration. Gruenberg began his...

[ad_1] Despite Russia pushing the idea of using cryptocurrencies for cross-border payments, it still remains unclear what digital asset exactly the government plans to adopt for such transactions. Russian authorities are quite unlikely to approve the use of cryptocurrencies like Bitcoin (BTC) for cross-border transactions, according to local lawyers...

[ad_1] Bitcoin payments are becoming a hot topic in the cryptocurrency sphere, as more eCommerce stores keep adopting it as a means of payment. But, not only online stores but offline shops, restaurants, ATMs, hotels, etc., are joining the adoption bandwagon. According to Statista, in the number of businesses...

[ad_1] Tl;dr: We’re announcing two big updates to our Commerce platform: instant, free payments from Coinbase users to Commerce merchants, and seven new cryptocurrencies that can be used for payments through Commerce. One of Coinbase’s goals is to become a platform that brings together consumers and businesses in the...

[ad_1] Stripe, an online payment processing platform, is set to pilot cryptocurrency payouts for select users of Twitter’s content monetization products. The companies made the announcement on Friday, according to Reuters. Take Advantage of the Biggest Financial Event in London. Ticketed Spaces users and Super Follows users will be...

[ad_1] One of our top priorities at Coinbase is to be the most trusted and easy-to-use platform for accessing the broader cryptoeconomy. Coinbase currently offers our institutional clients easy access to the crypto markets through advanced trading and custody technology. But being easy-to-use also means providing a strong set...