Fundamental step towards mass crypto adoption

    …was unexpectedly taken by Mastercard, which announced the integration of cryptocurrency payments. Mastercard partners, including merchants and banks, will be authorized to add support for digital assets to their products. The company customers will be able to buy, sell and store cryptocurrencies. The news, though long-awaited, still came as a surprise. Mastercard is getting ready…

    Bitcoin surpasses PayPal in value transferred, reaching 27% of Mastercard

    The analytic report suggests that the Bitcoin network already transfers more the dollar value than PayPal and could potentially match Mastercard’s network after 2026. According to a Thursday report from market analysis program Blockdata titled “When might the Bitcoin network process volumes like Mastercard & Visa?”, the network of the largest decentralized cryptocurrency processed about…

    Crypto payments startup MoonPay raises $555 million, reaching a $3.4 billion valuation

    MoonPay, a payment infrastructure provider for crypto companies, said Monday it has raised $555 million in an all-equity Series A round led by Coatue and Tiger Global that values the firm at $3.4 billion. The funds will be used to hire people, expand geographic coverage and add more payment methods such as letting users buy…

    84% of UAE consumers know crypto, while about half see it as an alternative to cash

    Despite the impact of the pandemic, the survey conducted by Visa reveals that consumers in the UAE are gaining confidence in their shopping behaviors towards the local merchants, digital payments, online shopping, and cryptocurrencies. Also, 84% of UAE consumers know about cryptocurrencies, with about half of them seeing crypto as an alternative to cash. According…

    Forget cash. Pay me in Bitcoin

    As cryptocurrency gains acceptance, more people are vying to get their paycheck and other benefits in Bitcoin, Ethereum, and other digital currencies, Jazmin Goodwin writes on CNN Business. Famous athletes, politicians, and everyday employees are now getting all or part of their salary this way. “Whether you’re the quarterback of the Green Bay Packers, or…

    Creative Zone, UAE’s company formation firm, accepts crypto payments

    Slow invoicing processes causing cash flow problems are concerning businesses. To resolve these delays, Creative Zone, the large business-advisory company in the UAE that has served over 45,000 entrepreneurs, chose crypto invoicing through TripleA, realizing the benefits of the decentralized currency. TripleA’s crypto invoicing tool bridges the gap between companies who accept crypto and customers…