PayPal launches “Pay with Crypto” to help US merchants accept digital asset payments
Businesses can now accept over 100 cryptocurrencies with near-instant conversions. Pay with Crypto reduces transaction costs by up to 90%. US merchants are now connected to a $4T market and…
Japan’s Remixpoint to pay CEO entirely in Bitcoin, citing shareholder alignment
The move makes it the first publicly traded company in Japan to pay its top executive solely in cryptocurrency. The company currently holds a range of digital assets, including 1,051.56…
Binance Pay partners xMoney to expand crypto payments across Europe
Binance Pay and web3 payments provider xMoney have partnered to advance crypto payments in Europe. The strategic partnership will leverage blockchain technology to bring pay with crypto to over 20,000…
Coinbase partners with Apple Pay for fiat-to-crypto purchases
Coinbase has added Apple Pay for fiat-to-crypto purchases via its Coinbase Onramp. The integration brings a tool for building onramps into users’ existing products. Coinbase has announced the integration of…
Alchemy Pay integrates Samsung Pay into its virtual card service
Alchemy Pay integrates its virtual card service with Samsung Pay for seamless crypto use. Users can now make purchases at retailers like Amazon and Netflix using crypto. The integration simplifies…
New York man to pay $36 million for forex and crypto fraud
A US federal court ordered William Koo Ichioka to pay $31 million in restitution and $5 million in monetary penalty The New York resident was charged and ordered to pay…
Nigerian Kucoin users to pay 7.5% VAT on all transactions
Starting Monday, July 8th, Kucoin will charge a 7.5% tax on all transactions made by users registered in Nigeria. This decision comes from a regulatory update from the Nigerian SEC.…
India orders Binance to pay $2.25 million fine for AML violations
Binance faces a $2.25 million penalty reportedly imposed by India’s Financial Intelligence Unit (FIU). The penalty relates to the crypto exchange’s violation of India’s anti-money laundering (AML) regulations. India’s financial…
Judge orders the U.S. SEC to pay $1.8M in Debt Box case dismissal
Judge dismisses U.S. SEC’s case against Debt Box, orders SEC to pay $1.8 million in fees. The Ruling cites SEC’s bad faith conduct in obtaining asset freeze order. Debt Box…
NYDFS says Genesis Global Trading to pay $8M fine, forfeit BitLicense
The New York Department of Financial Services (NYDFS) says Genesis Global Trading will pay an $8 million fine and surrender its BitLicense. NYDFS said in a press release that investigations…