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Search Results for: Digital dollar

Fluidity Announces Cashback on Crypto Payment App: Request Finance

Fluidity Money, a “spend-to-earn” decentralized finance (DeFi) protocol, has partnered with Request Finance, an enterprise crypto payments app, to develop a cashback program. Regarding the Program Businesses may reward cryptocurrency-paying consumers via the cashback scheme. When businesses accept cryptocurrency payments, they also can benefit from cashback benefits. Both the sender

March 22, 2023 3 mins read

USDC Issuer Circle Applies For Regulatory Approval in France

Circle, the company behind the USD Coin (USDC) stablecoin, has submitted an application for regulatory authorization in France. In order to legally operate in France, the company has applied to become both an Electronic Money Institution (EMI) and a DASP (Digital Asset Service Provider). On March 21, Circle issued a

March 21, 2023 1 min read

Mastercard Collaborates with Stables to launch Stablecoin Wallet

The leading global payment provider Mastercard is launching the Stablecoin wallet collaborating with the Australian stablecoin platform, Stables. On March 20, Mastercard announced the collaboration. And It’s an attempt to allow the retail customer to use the stablecoin transaction in the APAC region.  At the time of launch, Stables only

March 21, 2023 2 mins read

Marqeta Announces Partnership with Stables in Australia to Power Prepaid Card

Marqeta will power the new Stables prepaid card, enabling users to convert stablecoins into fiat and spend wherever Mastercard cards are accepted online and in-store globally. OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced a new partnership with Stables (formerly Tiiik) to power its new

March 21, 2023 5 mins read

BitMEX Co-founder Optimistic of Bitcoin Reaching $1M Amid Bank Run

Trading markets saw a surge of comfort as a result of the last-minute actions made by global financial authorities to avoid the banking disaster. The largest digital currency, Bitcoin (BTC), witnessed a spike of 5% on Monday, allowing it to break the $28,000 barrier after a long time. BitMEX’s previous

March 20, 2023 1 min read

Animoca Brands Co-founder Backs Much-Debated NFT Royalties

Yat Siu, the co-founder of Animoca Brands, a gaming company, has indicated that royalties have helped drive the rise of the non-fungible token (NFT) market. All of these developments occurred due to the fact that royalties were conceivable as per Siu. Siu, the co-founder of the Hong Kong-based firm, has

March 19, 2023 2 mins read

New York Court Denies Request to Halt Binance’s Voyager Deal

The District Court of New York denied the government’s request to halt the $1 billion deal bid by Binance to buy up the voyager’s assets. The court stated the delay would harm customers.  The decision to deny the government’s motion was announced on March 15. In it, Judge Micheal Wiles

March 16, 2023 1 min read

Privacy-focused Brave Browser Now Allows Selling Crypto Within Wallet

On Friday, Brave, a web browser with an emphasis on privacy, announced the launch of a new feature. It enables users to trade their crypto for fiat currencies such as US dollars, Euros, or British pounds without leaving the Brave Wallet. Since major cryptocurrency exchanges misused client funds and finally

March 11, 2023 2 mins read

Will the Ongoing USDC Depeg Worsen Crypto Winter Further?

The second largest stablecoin USD Coin (USDC) depegged from its $1 parity owing to the shutdown of the US banking giant Silicon Valley Bank on Friday. The failure of this largest bank is registered as the worst banking crash since the 2008 financial crisis. The custom of crypto firms depositing

March 11, 2023 2 mins read