Japan’s biggest financial conglomerate, Mitsubishi UFJ Financial Group (MUFG), will abandon its three-year-old blockchain payment project to focus on other digital and fintech initiatives. S... Read more
Blockchain infrastructure company Fireblocks has finalized the acquisition of First Digital, a stablecoin and digital asset payment platform, as part of a broader effort to expand its paymen... Read more
The 2022 Winter Olympics participants, visitors and organizers could be spending more than $300,000 in China’s digital yuan every day, according to new reports citing officials from the Peop... Read more
Canadian Prime Minister Justin Trudeau has invoked the Emergencies Act, which gives him the power to freeze Freedom Convoy protesters’ bank accounts and monitor “large and suspicious transac... Read more
In Spain, companies across various industries — not just digital finance — have begun to apply blockchain technology to their operations. This disruptive technology has promoted pioneering p... Read more
On the day of the opening ceremony of the Beijing 2022 Winter Olympics, there were reportedly more transactions made in China’s central bank digital currency than those through Visa. Source:... Read more
Apple announced plans to launch Tap to Pay for iPhone, a new feature that effectively turns the smartphone into a point of sale (POS) device for businesses and merchants. So, what’s in it fo... Read more
Major U.S.-based payment processor PayPal has assembled a team of industry experts to act as advisors on crypto, blockchain, and digital currencies. Source: cointelegraph.com In a Tuesday an... Read more
Mobile payment service Cash App revealed that Lightning Network can now be used to transfer Bitcoin (BTC) through its app. With the new feature, its users can send their BTC to any Lightning... Read more
Major cryptocurrency exchange Binance continues pushing operations in Ukraine by preparing to launch a new crypto payment card in the country. Source: cointelegraph.com Binance is looking to... Read more