payments

payments

Markets

Reddit Drops Bitcoin Payment Option For 'Gold' Membership

Reddit no longer allows users to pay in bitcoin for subscriptions to its premium membership program, Reddit Gold.

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Markets

Litecoin Payments Startup That Won Trader Favor Abruptly Shuts Down

Litecoin merchant processor LitePay is closing up shop.

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Markets

Alibaba Payment Affiliate Rules Out ICO Fundraising

Ant Financial Services Group, Alibaba's payment affiliate and operator of AliPay, has taken a critical stance over initial coin offerings.

alibaba

Markets

9 Malaysian Banks Team Up for Trade Finance Blockchain Apps

Nine Malaysian banks have teamed up to develop blockchain applications for trade finance, according to the country's central bank.

Malaysian coins

Markets

Blockchain Remittances Face Efficiency Hurdle, Says Taiwan Central Bank

A trialed blockchain system for interbank clearance was not as efficient as the current centralized system, says a central bank report.

Taiwan dollar

Markets

Bitcoin Will Be World's 'Single Currency' Says Twitter CEO

Jack Dorsey has said he believes bitcoin will take over the U.S. dollar as the world's primary currency in 10 years or less.

Dorsey

Markets

South Korean Financial Watchdog Touts Blockchain in Fintech Plans

South Korea's Financial Services Commission plans to encoureage businesses to use blockchain tech in new payment systems and more.

skflag

Markets

Korea Telecom Announces Blockchain For Network Security

South Korean telecom provider KT unveiled a new system based on a blockchain security-focused network.

telecom portal

Markets

Israeli Regulator Outlines What Makes A Token a Security (Or Not)

The Israel Securities Authority also proposed an ICO sandbox in a recent report now in the hands of the agency's chair, who will decide how to proceed

Israel coin

Markets

Singapore Central Bank Touts Blockchain for Payments

The chief of the Monetary Authority of Singapore has spoken of how blockchain's "strongest" use case is in cross-border settlement.

Singapore