Tag: Payments
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HSBC Redcoin to Launch With Transfers and Payments in Hong Kong
Person-to-person transfers and merchant payments will be prioritized initially by HSBC's upcoming Hong Kong dollar stablecoin before expanding shortly into wholesale corporate and institutional...
Binance Pay Brings Crypto Payments to Millions of PayPay Merchants in Japan
Binance Pay has enabled cryptocurrency transactions for qualified international consumers across millions of PayPay-compatible merchant storefronts throughout Japan via the HIVEX processing network.
On September...
Singapore Proposes Ban on Interest Payments for MAS-Regulated Stablecoins
The Monetary Authority of Singapore (MAS) released a new consultation proposing strict regulations for local stablecoins, including a total ban on interest payments. The...
BIS Chief Says Stablecoins Are Not Ready for Payments at Scale
BIS chief Pablo Hernández de Cos argued that stablecoins have yet to gain enough credibility for large-scale payments, while a new FSI study has...
Mastercard Supports Stablecoins After GENIUS Act, Excludes Decentralized Money Role
Following the GENIUS Act's passage, Mastercard publicly embraced stablecoins, but the company sees itself at the system's core.
The GENIUS Act is already having a...