Payments

‘Breakthrough’ as Lightning Uses Web’s Forgotten Payment Code

Lightning Labs has published its draft specification for Lightning Service Authentication Tokens (LSAT) — a protocol standard that promises to…

Celo to Issue At Least $15.7 Mln in Community Grants During 2020

Open-source payments network, Celo (cGLD), announced on March 31 that it had awarded $700,000 in developer grant funding to 16…

Cannabis Shops Are Using Zap’s Lightning App During Coronavirus Cash Crunch

It’s now easier than ever to use bitcoin to support regular businesses beyond the crypto bubble.  Zap founder Jack Mallers,…

Bitcoin’s Lightning Becomes Latest Protocol to Court Publishers With Micropayments

The trouble with bitcoin payments these days may be a lack of spenders, not spending opportunities.  On Monday, the Silicon…

PayPal Is Hiring a Blockchain Strategy Director

Digital payments giant PayPal posted a new job listing on March 23, where the company seeks to hire an Anti-Money-Laundering…

Libra Rival Celo Announces $700,000 in Grant Funding for 13 Startups

Open-source payments network Celo has announced its first round of development grant recipients. A press release shared with Cointelegraph states…

Bank of France Launches Experiment Program on Central Bank Digital Currency

As a number of global jurisdictions like the Bahamas and Sweden are already testing their central bank digital currencies (CBDC),…

Jack Dorsey Wants Cash App to Distribute US Stimulus Package

The founder and CEO of Square Inc, Jack Dorsey, believes that his company’s crypto-friendly payments application Cash App can distribute…

Singapore Temporarily Exempts Crypto Firms Including Coinbase From New Licensing Regime

A number of cryptocurrency firms have been exempted from holding a payments license in Singapore till this summer. An extensive…

Coinbase’s Retail Payments Wing Crosses $200M in Transactions

Virus or not, people are still paying for goods in bitcoin. That’s the verdict from new numbers out of Coinbase’s…

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