Payments Network

Payments Network

Finance

Fintechs See Strongest Payments Challenge From Stablecoins and CBDCs, Not Bitcoin: Cowen

The team at Cowen recently held fireside chats with executives from PayPal and Visa, among others.

Close up of a woman's hand paying with her smartphone in a cafe, scan and pay a bill on a card machine making a quick and easy contactless payment. NFC technology, tap and go concept

Policy

Thailand Bans Crypto as Means of Payment

The Thai SEC stressed it is only banning the use of crypto for payments and is not banning crypto trading and digital assets.

Mathew Schwartz/Unsplash

Finance

Miami Nightclub E11EVEN Rolls Out Crypto Division and 'Captain's Club' NFTs

The downtown Miami club is dancing deeper into crypto, partnering with Horizen Labs for the backend.

A performer dances from the ceiling at Miami's E11EVEN nightclub. (Eli Tan/CoinDesk)

Finance

Binance Sets Up Fiat-to-Crypto Payments Provider, Lends to FCA-Regulated Custodian

Bifinity supports 50 cryptocurrencies and major payment methods, including Visa and Mastercard.

Photo via Shutterstock

Finance

Diagonal Raises $2.5M for Web 3 Subscription Payments

The project aims to create an all-in-one tool for merchants and creators to collect payments on Ethereum.

(Adrien Olichon/Unsplash)

Finance

Payments Giant FIS Worldpay Joins Shyft’s Crypto Compliance Network

It’s the second large, non-crypto firm to join Shyft, following law firm DLA Piper last month.

(Jonas Leupe/Unsplash)

Markets

Russia Invades Ukraine: Impact on the Markets

Here's a roundup of our news and analysis on Russia's invasion of Ukraine and its impact on crypto markets and the digital-asset industry.

Map of Ukraine. (Openverse, modified by CoinDesk)

Finance

Japan's Mitsubishi UFJ Financial Ends Blockchain Payment Network Plan

Slow growth in transaction numbers caused by COVID-19 made it difficult to expand the business at the pace originally planned.

MUFG

Finance

Crypto Custodian Fireblocks Acquires Stablecoin Firm First Digital

The move takes institution-focused Fireblocks into the business-to-consumer and cross-border payments spaces.

Fireblocks CEO Michael Shaulov (Fireblocks)

Finance

Twitter Joins $20M Funding Round for Bitcoin Payments Provider OpenNode

The round, which valued OpenNode at $220 million, also included well-known venture capitalist Tim Draper.

(David Paul Morris/Bloomberg via Getty Images)