Payments

Toncoin has emerged as a strong contender in the world of cryptocurrency by overtaking Cardano in market capitalization. This shift in ranking signifies the growing popularity and value of Toncoin in the market. With a market capitalization of $23.1 billion, Toncoin has surpassed Cardano’s $21.5 billion, making it the ninth largest cryptocurrency by market capitalization.
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The recent criminal charges faced by the cryptocurrency exchange Binance in Nigeria have brought to light the lack of legal representation the company had during its court hearing on April 4. Surprisingly, only the compliance chief, Tigran Gambaryan, was present at the hearing, despite being detained by the Nigerian government since February. The hearing, which
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Singapore’s Payments Service Act (PSA) underwent significant amendments by the Monetary Authority of Singapore (MAS) to strengthen its jurisdiction and amplify user protection within the cryptocurrency industry. These changes reflect Singapore’s dedication to establishing itself as a crypto-friendly hub that prioritizes investor security alongside fostering innovation. Expansion of Digital Payment Token Services MAS integrated three
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The recent EU anti-money laundering regulations (AMLR) have become a topic of heated debate, centering around the balance between combating financial crime and preserving citizens’ rights to privacy and economic freedom. The laws, approved by most of the EU Parliament’s lead committees, have drawn criticism and support from a variety of stakeholders. A recent article
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Tether, a leading stablecoin issuer, recently partnered with the US Department of Justice and the FBI to seize $1.4 million USDT linked to a tech support scam network. This fraudulent scheme specifically targeted vulnerable elderly individuals through deceptive pop-up advertisements. Victims were led to believe that their devices had been compromised and sought help from
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Crypto exchange Coinbase faced yet another technical glitch on March 4, causing some of its users to see an empty balance in their accounts. This issue, which affected a small subset of users, led to intermittent zero balances across accounts and latency across pages. While trading was not impacted, it was still a cause for
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South Africa recently announced ambitious plans to integrate digital payments and cryptocurrencies into its financial system in an effort to stimulate economic growth, particularly for marginalized communities. This move is outlined in the country’s 2024 budget, highlighting the government’s commitment to fostering a digital economy through collaboration between the public and private sectors to drive
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Pudgy Penguins recently announced an expansion of its partnership with retail giant Walmart, introducing 1,100 new locations carrying Pudgy Toys and exclusive collectibles. This collaboration marks a significant milestone in their joint venture, signaling continued success for the brand. The partnership between Pudgy Penguins and Walmart initially began with the launch of Pudgy Toys, a
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