Tag: payment
BitPay Starts Requiring Identification For Purchases of Over $3,000 Worth of Bitcoin (BTC)
The famous crypto payment company BitPay has recently decided to take new measures in order to stop money laundering activities….
Has Litecoin (LTC) Been Recognized by the IMF as a Legitimate Payment Token?
The IMF report which refers to Litecoin as being a payment token dates back to October 2018. As many of…
BitPay Temporarily Halts Its Operations In Germany Citing Confusion In Crypto Payment Regulations
Giant Bitcoin and Bitcoin Cash payment processor BitPay has announced that it is temporarily withdrawing its operations in Germany. In…
SpankChain Rolls Out SpankPay To Allow Its Users To Pay For Adult Content Using Cryptos
Adult entertainment provider, SpankChain has announced the launching of SpankPay, a crypto payment platform that users can use to pay…
Judge for QuadrigaCX Case Approves $1.6 Million in Fees to Be Paid in Retribution to Affected Firms
A judge overseeing the QuadrigaCX case has approved payment to multiple firms. Bankruptcy proceedings for QuadrigaCX are still ongoing. In…
SWIFT and the International Real-Time Payments Race: The Cross Border Service Battle Wages On
Leading payments platform Swift on July 16 announced its plan to dominate the international payment sector, the plan was revealed…
South Africa’s Payfast Payment Company Stops Accepting Bitcoin (BTC) Due to Fees and Speed
In an unfortunate turn of events, PayFast, the first-ever online payment gateway accepting Bitcoin (BTC) in South Africa, called time…
Spend Bitcoin At Amazon, Uber and Starbucks Using Fold’s BTC Lightning Network App
A payment platform called Fold has announced today that it will use the Bitcoin Lightning Protocol in order to enable…
New Digital Fiat Currency System in Development by the Central Bank of the Bahamas (CBOB)
New payment system for digital assets to be introduced by Central Bank of the Bahamas. The initiative, Project Sand Dollar,…
FTC Sues Allied Wallet for Providing Scams Services and Siphons $110 Million From Investors
The Federal Trade Commission (FTC) has recently sued the payment processor called Allied Wallet after assisting a fraudulent scheme that…
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