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News Nuggets | 28 June: Revolut Slashes Crypto Fees; BitPay Adds New Payment Options

  • Also, Praxis elevates CSO; MAS considers raising deposit insurance.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
by Finance Magnates Staff
CryptoCurrency

Spanish Airline Vueling to Accept Crypto Payment from 2023

  • Vueling to permit 13 cryptocurrencies from more than 100 wallets.
  • The airline is joining forces with BitPay and UATP.
by Solomon Oladipupo
News

BitPay Now Supports Bitcoin Lightning Network Payments

  • Merchants and customers can use BitPay to complete Bitcoin transactions with lower fees.
  • PacificSun is one of the first BitPay partners to accept Lightning Network payments.
by Felipe Erazo
News

Verifone to Support Crypto Payments with Bitpay Partnership

  • The crypto services will be first enabled for US merchants.
by Arnab Shome
News

US OFAC Fines BitPay for Transactions with Sanctioned Countries

  • BitPay had deficiencies that led to transactions worth $129,000 with persons in sanctioned territories.
by Aziz Abdel-Qader
News

Paxos and BitPay Want to Become US National Banks

  • If approved, these crypto companies can bypass the uneven state laws.
by Arnab Shome
News

BitPay Introduces BitPay Send, a New Mass Payout Service

  • The new service will now enable businesses of all sizes to pay through crypto.
by Bilal Jafar
News

European Furniture Retailer Accepts Crypto with BitPay Integration

  • The platform is also giving discounts for payments in crypto.
by Arnab Shome
News

BitPay Adds 3 New Stablecoin Support for Crypto Payments

  • The company is also planning to add XRP.
by Arnab Shome
News

BitBay Enters Crypto Crowdfunding with First IEO Token Sale

  • Despite similarities with Binance, questions remain as to whether token sales on BitBay will have the same kind of success.
by Aziz Abdel-Qader
Executive Moves

BitPay Onboards E-commerce Expert Bill Zielke to Head Marketing

  • Bill held several roles with leading B2B and B2C companies including Forter, eBay and PayPal.
by Aziz Abdel-Qader
News

Luxembourg’s CSSF Warns About Fake BitPay Clone

  • The commission red-flagged the activities of an entity named bitbay EUROPE S.A.
by Aziz Abdel-Qader
Coins

BitPay Confirms Upcoming Support for Ethereum Payments

  • BitPay’s wallet users will be able to store Ether while BitPay Prepaid Visa Card holders can top up debit cards.
by Aziz Abdel-Qader
News

BitPay Suspends German Operations to Mull Over New Regulations

  • In late July, Germany's financial regulator announced that crypto businesses will need a license starting in 2020.
by Rachel McIntosh
News

AT&T Becomes 1st Major Mobile Network to Accept Crypto Payments

  • BitPay will convert crypto payments into cash before sending the funds into AT&T's accounts.
by Rachel McIntosh
Executive Moves

BitPay Hires Former Worldpay Executive as CFO

  • Glen Braganza spent the past three years as CFO of the payment giant's US subsidiary
by David Kimberley
News

BitPay Ties with Refundo for Tax Refunds in Bitcoin

  • Bringing crypto and taxation together has become a trend in the US market.
by Arnab Shome
News

Bitpay Records $1 Billion in Transactions in 2018

  • The company supports payments with BTC, BCH, USDC, GUSD, and PAX.
by Arnab Shome
News

Ohio Becomes First US State to Accept Bitcoin for Taxes

  • From today, business in Ohio can now use Bitcoin to pay for taxes.
by Celeste Skinner
Coins

BitPay Expands Stablecoins Integration, Adds Settlement in PAX

  • The move expands BitPay’s non-volatile settlement solutions.
by Aziz Abdel-Qader
News

Pay-TV Provider DISH Now Accepts Bitcoin Cash as Payment Option

  • The subscription-based TV provider will also be leaving its former payment processor for BitPay.
by Celeste Skinner
Regulation

BitPay Granted ‘Virtual Currency License’ in New York

  • BitPay gained the license after the NYDFS scrutinized company's anti-money laundering, anti-fraud, etc...
by Aziz Abdel-Qader
News

Florida County to Accept Tax Payments in Cryptocurrency

  • Seminole County will enter modernity this summer.
by Simon Golstein
News

Major Russian Social Networking Sites to Accept Cryptocurrency Payments

  • Vkontakte and Odnoklassniki have hundreds of millions of users between them.
by Simon Golstein
News

Coinbase Introduces New Merchant Solution, Accepting Cryptocurrencies

  • The platform will support multiple cryptocurrencies.
by Arnab Shome
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