Paypal Rolls Out Crypto Features for Business Accounts

Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped up its involvement in digital currencies, including the launch of Paypal USD (PYUSD) and its integration with … Read more

Visa and Wirex Partner to Bring Seamless Crypto Payments to Millions of Merchants Globally

Wirex and Visa have partnered to launch Wirex Pay, aiming to bring seamless crypto payments to millions of merchants worldwide, enhancing accessibility and convenience. “This partnership is set to revolutionize the way we use digital assets,” said Wirex Pay, emphasizing that Wirex and Visa are teaming up to “drive innovation in web3 payments.” Wirex and … Read more

Trezor Enables Coinjoin for Trezor T Model to Bolster a ‘New Era of Privacy’

According to Trezor, the crypto hardware wallet manufacturer, owners of the Trezor T model can now use a Coinjoin feature to preserve their privacy. Trezor had announced the Coinjoin feature’s impending arrival on the hardware wallet seven months ago, and the feature went live on April 19. Trezor Adds Coinjoin to Software Suite Owners of … Read more

Ripple Survey Suggests Latam Merchants Will Adopt Crypto Payments Massively After Three Years

Latam merchants will be slower in adopting cryptocurrency payments compared to merchants in other regions, according to the latest payments survey conducted by Ripple and the Faster Payments Council. The survey, which polled close to 300 payment leaders at a worldwide level, suggests that massive crypto adoption for payments will solidify in three years. Ripple … Read more

Btcpay Introduces New Coinjoin Plugin for Enhanced Bitcoin Privacy for Merchants

On Monday, Wasabi Wallet and the open-source bitcoin payment processor Btcpay announced a new plugin for the Btcpay server. The plugin implements Wasabi’s Wabisabi coinjoin coordination protocol, allowing merchants to benefit from privacy enhancement. By activating the newly launched plugin, all the funds that merchants receive and send will be coinjoined, or mixed together with … Read more

Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says

Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed. More than 5 million merchants now accept the digital yuan in 15 Chinese regions as Beijing continues to expand the pilot areas. People’s Bank of China Reports 360 Million Digital … Read more

Bitpay Reveals Prepaid Cardholders Can Get up to 15% Cash Back Rewards via Select Retailers

The Atlanta-based crypto payment services company Bitpay has announced that Bitpay’s prepaid cardholders are eligible for cash back rewards if they use their card with participating retailers. The rewards feature stems from Bitpay’s partnership with Cardlytics and cardholders can get up to 15% in cash back rewards on purchases from the service from thousands of … Read more