Dubai Duty Free has integrated the payment system through incorporating crypto payments in all of its airport stores and even online. Customers will be allowed to make purchases through Crypto.com Pay if they are eligible to do so. The integrating cryptocurrencies in one of the busiest international airports in the
Blockchain technology continues to grow outside the realms of the financial markets. As leading companies look into ways to resolve their problems within the complex global supply chain system. Specifically, Volvo Group announced trials using its own cryptocurrency aimed at easing the process of payments and coordinating activities. Information management,
Cumberland has enhanced its regulatory coverage by obtaining a Major Payment Institution license issued by the Monetary Authority of Singapore. The license permits Cumberland SG Pte. Ltd. to offer Digital Payment Token Services and Cross-Border Money Transfer Services under the Payment Services Act of Singapore. The license concludes the regulatory
Meta Platforms is preparing to integrate stablecoin payments across Facebook, Instagram, and WhatsApp in the second half of 2026. The company has reportedly issued requests for proposals to external infrastructure providers, with Stripe emerging as the likely partner. The move signals Meta’s renewed interest in digital payments, but under a
Stripe is rumored to be considering a possible acquisition of PayPal Holdings, which could be a major shake-up in the international payments industry. Bloomberg reported that sources close to the matter have revealed that Stripe has initiated early acquisition talks and has shown interest in acquiring all or some of
Binance co-founder Changpeng Zhao stated that a lack of privacy makes it impossible to achieve a broad adoption of crypto payments across the globe. CZ explained that this can make the financial information of businesses available to their competitors and the public. He noted that companies may be reluctant to
Binance Pay and Scan To Pay have joined forces in a bid to boost the use of crypto spending in real-life scenarios in the country. With this move, it is possible to make payments with cryptocurrency to over 650,000 Scan To Pay merchants across the country. This move enlarges the
The move, according to various local Iranian media sources, has been initiated by the Iranian government, which now permits foreign governments to purchase sophisticated equipment from the Iranian Defence Ministry using cryptocurrency. The project is led by the Ministry of Defence Export Center, or Mindex, a government entity tasked with
China’s central bank is planning a significant transition in its digital currency plans, as the central bank is now planning to allow interest to be paid on commercial bank holdings of the digital yuan. This is part of efforts to promote the adoption rate of the central bank digital currency.
Origin of Stablecoins Stablecoins made their debut in 2014. It aims to combine the steady value of fiat currencies with the openness and flexibility of blockchain technology. The first of its kind, BitUSD, was introduced in July 2014 as a credit-backed stablecoin on the BitShares platform. Tether (USDT), which was
