On The Web
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“Germany’s Commerzbank (CBK) applied for a crypto license earlier this year, a spokesperson for the bank said. This makes it the first major bank in Germany to move towards crypto adoption.A bank spokesperson said Commerzbank wants to help shape emerging digital ecosystems, especially with regard to custody and trading in non-physical assets.“To this end, we […]
Video Game Junkie Quietly Builds $3 Billion Payments Powerhouse
“Aleksandr Agapitov is little known inside video gaming circles, let alone the business world. Yet his company is one of the leading players in the $135 billion video game payments industry, in which gamers spend real money to acquire virtual items.”
Bitfinex Collaborates With OpenPayd to Enable SEPA Payments
“Bitfinex, a state-of-the-art digital token trading platform, in collaboration with fiat on-ramp services provider OpenPayd, is enabling real-time Single Euro Payments Area (SEPA) payments for euro-denominated deposits and withdrawals. The introduction of SEPA payments provides additional options for Bitfinex customers to deploy euros onto the platform. Through the new collaboration, customers will have the ability […]
Mercuryo Taps Volt for Open Banking Payments
“Mercuryo, a leading crypto payments company, has launched open banking payments within their cryptocurrency wallet, used by over two million global customers. The real-time account-to-account payments (A2A) will be facilitated by leading open payments gateway Volt and will provide Mercuryo wallet users, alongside their business partners, with single-click payment solutions via fiat.”
Sweatcoin Eyes Launch of SWEAT Tokens That Turn Movement Into Money
“Getting into crypto just got a whole lot cheaper (and healthier), as London-based tech company Sweatcoin prepares to launch a new token, SWEAT, that allows users to mint currency using just their shoe leather. The company says its mission is to “inspire a healthier planet by incentivising people to move more” and has partnered with BVI […]
Crypto Use Is More Prevalent in Corrupt Countries, IMF Study Finds
“Cryptocurrencies are more popular in countries perceived as corrupt or with strict capital controls, boosting the case for greater regulation of the industry, the International Monetary Fund said in a recent report. The report shows why countries might want to require intermediaries, such as digital currency exchanges, to implement know-your-customer procedures — ID verification standards […]
Kraken Hits Key Milestone in Quest to Gain Fed Account, Equal Treatment With Traditional Banks
“The American Bankers Association (ABA) recently granted Kraken a routing number, bringing it one step closer to receiving one of the highly coveted Federal Reserve master accounts, which would allow it to deposit funds with the Fed and access the global payments system. Custodia Bank (formerly Avanti) was given a routing number last month.”
On The Wires
nbsp;EPayments and Alchemy Pay Partner for Australian and NZ Crypto Payments
“Fiat-crypto payments provider, Alchemy Pay (ACH), has partnered with merchant payment provider, ePayments, to offer crypto payments and services in New Zealand and Australia. ePayments will integrate with Alchemy Pay to provide to their merchants with crypto payment acceptance, as well as payments with Binance Pay. As part of the partnership, Alchemy Pay will also leverage ePayments’ NZ […]
The Gemini Crypto Rewards Credit Card Is Now Available in the United States
“Gemini , a cryptocurrency platform to buy, sell, earn, and store crypto, today announced the Gemini Credit Card ™ is now available in all 50 U.S. states. Cardholders can earn up to 3% crypto back on dining+, 2% crypto back on groceries, and 1% crypto back on all other purchases, with rewards automatically deposited into their […]
Nexo Launches First Card Backed by a Crypto Credit Line With Mastercard and DiPocket
“Nexo , the leading regulated institution for digital assets, today officially launched the Nexo Card , a first-of-its-kind crypto-backed Mastercard card, in select European markets. For the launch, Nexo is partnering with Mastercard and DiPocket , giving its users access to cryptocurrency-powered liquidity across 92M+ merchant sites worldwide.”