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Payments

A collection of 11 posts

MoonPay Acquires Helio for $175 Million Dollars to Boost Crypto Payment Systems

MoonPay Acquires Helio for $175 Million Dollars to Boost Crypto Payment Systems

In a significant move within the cryptocurrency sector, MoonPay, a leading crypto payments platform, has announced the acquisition of blockchain payment processor Helio for $175 million. This acquisition, which marks MoonPay’s largest deal to date, is seen as a strategic play to enhance its infrastructure for digital asset transactions,

KuCoin's New Payment Solution Transforms Merchant Transactions

KuCoin's New Payment Solution Transforms Merchant Transactions

Cryptocurrency exchange KuCoin has unveiled a new payment platform, KuCoin Pay, which aims to transform how merchants accept crypto payments. This new initiative is set to simplify the process, making cryptocurrency transactions as commonplace as traditional ones. KuCoin Pay seamlessly integrates with the KuCoin app, which boasts a user base

Linda Yaccarino Unveils Ambitious 2025 Payment System X Money

Linda Yaccarino Unveils Ambitious 2025 Payment System X Money

In a bold step towards becoming an all-encompassing platform, X's CEO Linda Yaccarino has officially announced the upcoming launch of 'X Money', a new payment system slated for 2025. This announcement came in Yaccarino's New Year's message where she painted a vision

MoonPay Gains Ground in Europe with New MiCA License

MoonPay Gains Ground in Europe with New MiCA License

MoonPay, the crypto payment platform, has taken a significant step forward by securing a license under the European Union's Markets in Crypto-Assets (MiCA) regulation. This move, approved by the Dutch Authority for the Financial Markets (AFM), allows MoonPay to expand its services across Europe with a legal and

Russia Says It Uses Bitcoin for International Payments Amid Western Sanctions

Russia Says It Uses Bitcoin for International Payments Amid Western Sanctions

In a strategic pivot to navigate around Western sanctions, Russian companies are increasingly turning to Bitcoin and other digital currencies for their international transactions. This shift comes in the wake of legislative changes that now permit the use of cryptocurrencies in foreign trade, a move highlighted by Finance Minister Anton

MoonPay Eyes Historic $150M Acquisition of Helio Pay

MoonPay Eyes Historic $150M Acquisition of Helio Pay

In the fast-paced world of crypto, MoonPay is potentially on the cusp of making its most significant acquisition to date, signaling a bold move into the e-commerce payment sector. The company, known for simplifying crypto transactions, is currently in discussions to purchase Helio Pay, a platform that facilitates cryptocurrency payments

MoneyGram and OwlTing Partner to Bring USDC Transactions Worldwide

MoneyGram and OwlTing Partner to Bring USDC Transactions Worldwide

MoneyGram, a leader in global cross-border payments, has recently unveiled its strategic partnership with OwlTing Group, a prominent cryptocurrency service provider based in Hong Kong. This alliance promises to enhance the accessibility of USDC stablecoin transactions across MoneyGram's vast network, marking a significant step towards bridging traditional finance

Cash App Discontinues Bitcoin Peer-to-Peer Transfers

Cash App Discontinues Bitcoin Peer-to-Peer Transfers

In an unexpected move, Cash App, the popular mobile payment platform under Block, Inc., which is owned by Jack Dorsey, has decided to end its peer-to-peer Bitcoin transfer feature using $cashtags by December 20, 2024. This decision follows months of federal investigations into Block's compliance practices, spotlighting the

Namecheap Surpasses $73M in Bitcoin Revenue with 1.1M Transactions

Namecheap Surpasses $73M in Bitcoin Revenue with 1.1M Transactions

Namecheap, a leading domain registrar and web hosting provider, has made significant strides in the cryptocurrency sector, reporting an impressive accumulation of $73 million in Bitcoin revenue through more than 1.1 million transactions. This move underscores a pivotal shift towards digital currencies in the business world, reflecting a broader

Donald Trump's Media Venture Eyes Cryptocurrency Payment Service called TruthFi

Donald Trump's Media Venture Eyes Cryptocurrency Payment Service called TruthFi

In a strategic expansion, Donald Trump has filed a trademark for a new venture called TruthFi. This initiative hints at an expansion from merely facilitating social interaction through Truth Social to offering a suite of financial services centered around cryptocurrency, in particular providing payment services and wallet services. JUST IN: