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The MAS has said that rising malware scam cases in Singapore have nothing to do with cryptocurrencies. On the contrary, it claimed, such scams are more prevalent in the fiat economy. Go to Source
Singapore, Malaysia, the UAE, France, Benelux countries, Nepal and the U.K. have adopted the NPCI’s UPI payments system to varying degrees. Go to Source
Scammers have made it impossible for Indian crypto traders to conduct P2P trades owing to several police complaints and bank account freezes that follow. Go to Source
Armstrong confirmed that Coinbase was looking into adding support for Bitcoin Lightning while reassuring his support for Bitcoin payments. Go to Source Powered by WPeMatico
The collaboration intends to bring changes to public administration and the business sector. Go to Source Powered by WPeMatico
Deposits on mobile payment apps may not be insured by the FDIC, and customers may not know whether their money is insured or not. Go to Source Powered by WPeMatico
Glassnode data demonstrates that the Lightning Network outcompetes traditional payment networks in terms of commission costs. Go to Source Powered by WPeMatico
Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives. Go to Source Powered by WPeMatico
The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.” Go to Source Powered by WPeMatico
Paxful’s shutdown has left its global community heartbroken, but it has significantly impacted the Nigerian community, where it pioneered P2P crypto use. Go to Source Powered by WPeMatico
