Payments News

The digital currency — dubbed "Crypto-Rial" — will leverage blockchain technology to turn the Iranian Rial banknotes into cryptocurrency.

OpenNode will leverage the Central Bank's Regulatory Sandbox framework to test its bitcoin payment infrastructure.

Prime minister Mikhail Mishustin noted that the country's financial system would have to adjust because of the economic sanctions imposed by western authorities.

Ripple has scored several partnerships in its CBDC drive, including a participation in the digital dollar sandbox initiative.

Russia is developing a digital platform that will allow it settle cross-border transactions with more friendly countries using commodity-backed stablecoins.

Russia has faced increased scrutiny and sanctions from western countries over its Ukraine invasion, forcing a rethink of its stance towards crypto.

WEF aims to inform and help central banks realize the potential of CBDCs and DLT as interest in the technologies gain traction.

Deloitte argued that crypto startup DKYC's domain name directly contradicts its own "knowyourclient" service by promoting anonymous crypto transactions.

Buyers on X2Y2 now have the option to choose an amount they would like to contribute to an NFT project.

Days after expanding to Brazil, Ripple shook hands with Tranglo to spread its On-Demand Liquidity (ODL) solution in the United Arab Emirates

Global payment messaging service SWIFT claims to be "neutral" regarding sanctions. Can Ethereum make the same claim?

The duo will spread Ripple's On-Demand Liquidity (ODL) solution in Brazil to offer instant cross-border payments in crypto.

The company’s recently released Q2 market report suggests that the spike emanated as a result of increasing demand for its On-Demand Liquidity service.

Cashing out of crypto remains a struggle, as centralized exchanges leave their users with the task of finding an exchange that allows off-ramping to the currency of their choice.

A new survey showed half of gig workers prefer getting a portion of their payments in crypto despite the winter prices.

American food chain Chipotle is celebrating national avocado day by giving away free Bitcoin, Ethereum, Avalanche, Solana and Dogecoin via its interactive game 'Buy the Dip'.

Payment giant SWIFT aims to bring the brightest minds of the digital assets to collaborate and innovate as an industry at its 2022 hackathon

According to the report, the crypto space still has the potential to produce dominant unicorn companies.