With bitcoin rising, the luxury world is reportedly showing more interest in allowing cryptocurrency payments. As Reuters reported Wednesday (Dec. 18), until recently just a handful of brands — including Gucci and LVMH watch labels Hublot and Tag Heuer — had permitted crypto payments. But...
As the world of digital payments evolves, crypto payments and stablecoins are emerging as twin engines driving innovation in consumer and business transactions across both Main Street and Wall Street. For consumers, the allure of cryptocurrencies lies in their ability to bypass traditional financial systems,...
Stablecoin payments infrastructure firm BVNK is expanding to the U.S. after raising $50 million. The company’s Series B round, announced Tuesday (Dec. 17), was led by Haun Ventures, with participation from Coinbase Ventures, Scribble Ventures, DRW VC and existing investors Avenir and Tiger Global. As...
The crypto market is running red hot as 2025 approaches. Bitcoin’s price last Thursday (Dec. 5) exceeded $100,000 for the first time. As of Wednesday (Dec. 11), the price of the digital asset remains above the $100,000 threshold. The achievement reflects more than just speculative...
August 21, 2024
Every innovation needs a supporting infrastructure network to scale. And, with the news that Apple will allow third-party developers to access its near-field communication (NFC) chip this autumn with the release of iOS 18.1, crypto and blockchain enthusiasts are increasingly of the hope that crypto payments are coming closer to finding that much-needed infrastructure. Apple’s move, […]
December 27, 2022
Shopping with cryptocurrency remains a novel, or even foreign, experience for most consumers. That said, PYMNTS’ research shows that among tech-driven consumers, more than 1 in 3 (35%) prefer merchants...
August 10, 2022
Welcome to “The Merchants Guide to Accepting Crypto: The Questions to Ask,” a new PYMNTS series aimed at helping merchants, big and small, online and in-store, who want to accept...
December 18, 2024
With bitcoin rising, the luxury world is reportedly showing more interest in allowing cryptocurrency payments. As Reuters reported Wednesday (Dec. 18), until recently just a handful of brands — including Gucci and LVMH watch labels Hublot and Tag Heuer — had permitted crypto payments. But now, with the price of bitcoin hitting record highs, others […]
December 17, 2024
Stablecoin payments infrastructure firm BVNK is expanding to the U.S. after raising $50 million. The company’s Series B round, announced Tuesday (Dec. 17), was led by Haun Ventures, with participation...
December 04, 2024
Crypto.com says it has obtained a license letting it issue cards on Mastercard’s network. The new program, announced Wednesday (Dec. 4), will let Crypto.com launch a Mastercard-powered card in Bahrain, letting its customers use their...
December 02, 2024
The Central Bank of Brazil (BCB) reportedly aims to prevent centralized exchanges from allowing their users to withdraw stablecoins to self-custodial wallets. Transfers of stablecoins between residents would be restricted...
