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payments
Litecoin Payments Startup That Won Trader Favor Abruptly Shuts Down
Litecoin merchant processor LitePay is closing up shop.
Alibaba Payment Affiliate Rules Out ICO Fundraising
Ant Financial Services Group, Alibaba's payment affiliate and operator of AliPay, has taken a critical stance over initial coin offerings.
9 Malaysian Banks Team Up for Trade Finance Blockchain Apps
Nine Malaysian banks have teamed up to develop blockchain applications for trade finance, according to the country's central bank.
Blockchain Remittances Face Efficiency Hurdle, Says Taiwan Central Bank
A trialed blockchain system for interbank clearance was not as efficient as the current centralized system, says a central bank report.
Bitcoin Will Be World's 'Single Currency' Says Twitter CEO
Jack Dorsey has said he believes bitcoin will take over the U.S. dollar as the world's primary currency in 10 years or less.
South Korean Financial Watchdog Touts Blockchain in Fintech Plans
South Korea's Financial Services Commission plans to encoureage businesses to use blockchain tech in new payment systems and more.
Korea Telecom Announces Blockchain For Network Security
South Korean telecom provider KT unveiled a new system based on a blockchain security-focused network.
Israeli Regulator Outlines What Makes A Token a Security (Or Not)
The Israel Securities Authority also proposed an ICO sandbox in a recent report now in the hands of the agency's chair, who will decide how to proceed
Singapore Central Bank Touts Blockchain for Payments
The chief of the Monetary Authority of Singapore has spoken of how blockchain's "strongest" use case is in cross-border settlement.
American Express Patent Filing Touts Blockchain for Faster Payments
American Express' travel and merchant arm has filed a patent application looking at using a blockchain to facilitate quick transactions.
