News list for "Payment"
The US House of Representatives committee will hold a hearing on the digital payments ecosystem on March 11.
On February 21st, the Hong Kong Stock Exchange announced today that it will optimize the share settlement fee structure in the securities market to improve market efficiency and ensure that the relevant fees are more closely linked to the transaction amount. The Hong Kong Stock Exchange will abolish the minimum and maximum share settlement fee limits and adjust the rate to a unified rate of 0.42 basis points (0.0042%) per transaction. The new fee structure is designed to ensure that the overall ...
On February 20th, on February 20th, Ele.me officially issued a document saying that from February 2023, Ele.me will work with ecological partners to launch pilots in some cities as planned, pay social security for Ele.me Blue Knights, and continue to increase the intensity and scope of special project subsidies for stable riders.
China's Swift yuan accounted for 3.79% of global payments in January, up from 3.75% previously.
On February 20, three Dutch companies Quantoz Payments, NPEX, and Dusk announced the joint launch of the stablecoin EURQ. According to the company, the establishment of EURQ is in line with the regulations of the Crypto Asset Market Regulatory Authority (MiCA). The collaboration involves a licensed stock exchange, an EMT provider, and a blockchain foundation. Together, the three Dutch companies say they are building a bridge between traditional financial systems and blockchain-powered decentrali...
Fidelity Digital Assets and Lightning Network payment service Voltage jointly released a research report that the development of Lightning Network will enhance the value of Bitcoin as an investment target. The data shows that the average capacity of Lightning Network has increased by 384% since 2020, and it currently holds about 5,358.50 BTC, which is about $509 million at the current price of $95,000. The data does not include private and unannounced payment channels. The report emphasizes that...
Fold Holdings (ticker: FLD), a bitcoin payment rewards service, listed on Nasdaq on February 19 through a merger with FTAC Emerald Acquisition Corp, a special purpose acquisition company (SPAC). On its first day of listing, FLD shares rose more than 30% to $13 before falling back to around $11. According to public documents, Fold currently holds 1,000 bitcoins, worth about $96 million at current prices, making it another asset-liability company after MicroStrategy, Semler Scientific, and Metapla...
February 19 news, Meituan official account issued a document, in order to actively build a harmonious labor relationship, Meituan according to the characteristics of the new employment form and the actual needs of new employment groups, conscientiously implement the rider's rights and interests protection, and continue to promote the rider's social security work. Since July 2022, under the guidance of the Ministry of Human Resources and Social Security, Meituan has taken the lead in launching th...
As creditors prepare for long-awaited repayments, the FTX data breach has intensified phishing scams. FTX creditor Sunil Kavuri sent an alert on X about the potential data breach, warning that scammers were sending phishing emails to creditors.
Ran Goldi, senior vice president of payments and networking at Fireblocks, revealed that he has heard that X Money could support crypto payments by the end of 2025. Goldi pointed out that more and more large payment companies are formulating digital asset strategies, which also makes the market look forward to X Money's future cryptocurrency integration. X Money announced a partnership with Visa in January this year to launch digital wallet recharge, bank account transfer and P2P payment functio...
Global payment services giant Mastercard has reported that 30% of its transactions will be tokenized by 2024; at the same time, Mastercard has also recognized the ability of stablecoins and other cryptocurrencies to disrupt traditional financial services.
According to Cointelegraph, FTX will begin paying creditors $16 billion on February 18, 2025, with the first phase paying $65- $7 billion. Payments are based on November 2022 prices.
Sebastian Siemiatkowski, CEO of European payments giant Klarna, said on X that Klarna will embrace cryptocurrencies, but has not yet decided on a specific plan. He said Klarna will not launch a buy now, pay later cryptocurrency feature, and said the company still needs time to explore the best way to integrate. Klarna is valued at $14.80 billion, has more than 85 million users, and annual transaction volume exceeds $100 billion. Its largest shareholder, Sequoia Capital, holds 22%.
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