Payments

Experiment involving Visa, Mastercard, JPMorgan and Citibank set to highlight tokenization benefits via shared ledger tech

This is the first crypto-centric announcement from Stripe since May of last year

The exchange said Monday it would start accepting bitcoin and ether ETN proposals on April 8 after the UK’s Financial Conduct Authority updated its stance on such securities

Blockworks spoke with Maxi Raimondi, chief financial officer at one of Argentina’s leading crypto exchanges

URamp enters the existing ecosystem of products from players like Mastercard, Cross Finance and Beam, which all connect on-chain finance to traditional banking

The FCA said Monday it would not object to such products being offered to professional investors

The tokenized Yen will be backed 1-to-1 by Japanese Yen

The proposed rule could “undermine the digital asset industry’s functionality” when it comes to payments, lawmakers warn

Lightspark is aiming to break down global payment barriers, throwing its weight behind a new standard intended to make payments as easy as sending an email

Ferrari’s head of marketing and commercial operations said most US dealers have either already joined or are on the verge of agreeing to the program

Chase cited customer losses due to crypto fraud in an email to customers

Mastercard is focused on “delivering choice” in how people pay with its new CBDC program

The state’s Department of Motor Vehicles accepts payments in crypto assets supported by PayPal

Shopify now supports Web3 commerce features like cross-border transactions and NFT loyalty schemes through its integration with Solana Pay

The team behind the app noted that Beam is designed for payments and not for holding long-term investments

Fantasy sports company Sorare has a multibillion-dollar valuation after two separate fundraises in 2021

SAP is running test USDC payments on Ethereum’s Goerli testnet

SAP says it’s “as easy to use as online banking” and “a true solution for businesses”

Central banks could adopt a global ledger system that plugs into their own domestic CBDC platforms, according to an IMF insider

The bill was introduced in the NY State Assembly on May 10

The US is long overdue for a faster payments system, and FedNow is the solution

Regulators, banks and the government — along with crypto firms — need to find a solution to achieve the UK’s ambition to lead the world in fintech

A mix of small and large financial institutions have declared intent to start using the FedNow service

Underlying technologies in the digital assets space could have exciting applications for the asset management industry, according to BlackRock’s Larry Fink