Ripple Payments Debuts in Brazil Through Strategic Partnership with Mercado Bitcoin

Image of Brazilian currency

Ripple, a leader in digital asset infrastructure, has partnered with Mercado Bitcoin to introduce its Ripple Payments solution in Brazil, marking its debut in the Latin American market. Mercado Bitcoin, the region’s largest cryptocurrency exchange, will be the first in Brazil to utilise Ripple’s end-to-end payments solution. This technology enables businesses to leverage blockchain for […]

Visa Partners with Spanish Banking Giant BBVA for 2025 Stablecoin Launch

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BBVA, the Spanish banking giant, is preparing to enter the stablecoin market, with plans to launch its own digital asset in 2025, supported by Visa. According to Francisco Maroto, BBVA’s head of digital assets and blockchain, the bank is currently participating in a new Visa programme designed to help firms develop their own tokenised assets. […]

PayPal Expands Crypto Services to U.S. Merchants

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PayPal Holdings, Inc. has announced a new development for its U.S. merchants: business accounts can now directly buy, hold, and sell cryptocurrency through their PayPal accounts. However, businesses in New York State are excluded at this initial launch. This latest move underscores PayPal’s commitment to broadening cryptocurrency accessibility and utility among its vast network of […]

New UK Law Grants Legal Protection to Digital Assets such as Cryptocurrency and NFTs

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In a historic move, the UK government last week introduced the Property (Digital Assets etc) Bill to Parliament, which for the first time, recognises digital holdings as personal property under British law. This milestone legislation will cover a range of digital assets, including cryptocurrency, non-fungible tokens (NFTs) such as digital art, and carbon credits. The […]

Tether Announces Development of UAE Dirham-Pegged Stablecoin

Image of the UAE Dirham

In a significant move within the digital asset industry, Tether, the world’s largest stablecoin issuer, has unveiled plans to introduce a new stablecoin pegged to the United Arab Emirates Dirham (AED). This announcement marks a strategic collaboration between Tether, the UAE’s multi-billion dollar tech conglomerate, Phoenix Group PLC, and Green Acorn Investments Ltd. The Dirham-pegged […]

MetaMask, Mastercard, and Baanx Unveil New Crypto Payment Card

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MetaMask, in partnership with Mastercard and Baanx (Crypto Life), has launched the pilot of the MetaMask Card. This innovative Mastercard payment card allows users to make direct purchases using the crypto in their MetaMask wallets, wherever Mastercard is accepted. Lorenzo Santos, Senior Product Manager at Consensys, commented on the launch, stating, “The MetaMask Card pilot […]

Apple Announces New NFC Functionality: A Boost to Crypto and Stablecoin Payments?

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Apple will soon allow developers to integrate NFC contactless transactions directly within their apps using the Secure Element, independent of Apple Pay and Wallet. Starting with iOS 18.1, this new capability will open avenues for cryptocurrency payments, digital IDs, and more within apps. Leveraging advanced security features like the Secure Enclave and biometric authentication, this […]

Unlocking the Potential of Web3 in Financial Services | Poundcast Episode 18

Web3

In episode 18 of the Poundcast, we welcome Rita Martins, author of the book “Web3 in Financial Services: How Blockchain, Digital Assets and Crypto are Disrupting Traditional Finance”. Rita discusses her career journey from consulting roles at Accenture and HSBC to her current focus on blockchain technology in finance. During this episode, Rita elaborates on […]

Digital Money Event (23 October 2024)

Digital Pound Conference 2024

Details Location: London, United KingdomDate: Wednesday 23 October 2024Organised by: Digital Pound Foundation Description The Digital Money Event 2024 is the destination annual event for discussing the implementation of a digital Pound in both public and private forms. Assembling up to 200 guests, our members, partners, fintechs, policymakers, leading academics and the media will meet to […]