payments
Mercado Bitcoin, Brazil's Largest Crypto Exchange, Receives License as a Payment Institution
The company plans to offer financial services that combine the potential of crypto with traditional financial services.

USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment
The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay.

Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago
The company booked $50 million in bitcoin gross profit in the first quarter..

PayPal to Enable On-Chain Transfers From Venmo Accounts, Including to On-Chain Wallets
The feature will become available in May, PayPal's Jose Fernandez da Ponte said during a panel at Consensus 2023.

3 Giga-Brained Ideas From Consensus Day 2
Crypto shows that ideas can be valuable, even if they’re not useful … yet.

Payments Firm Nuvei’s Ties With FTX Questioned in Spruce Point Capital Report
Nuvei's shares fell by as much as 6% in premarket trading after Spruce Point warned of a 50% downside, but rebounded into positive territory mid-morning.

Next-Generation DeFi Platform M^ZERO Exits Stealth Mode With $22.5M Funding Round
The seed capital was led by Pantera Capital and included the Scaramucci-linked SALT Fund, and Mouro Capital, the venture capital operation connected to the Santander Group.

Ralph Lauren Miami Store to Accept Crypto Payments
The brand is also partnering with Web3 community Poolsuite to release a co-branded NFT collection.

EU Lawmakers to Vote on Limited Ban on Self-Hosted Crypto Payments
Anti-money laundering plans seen by CoinDesk have slightly liberalized, but would ban anonymous crypto transfers of more than 1,000 euros.

Stablecoins Explained: 3 Things You Need to Know
Stablecoins are meant to provide a predictable haven within the volatile world of cryptocurrency. Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campbell explains the use cases and risks you need to know about this type of cryptocurrency.

