Crypto Payments
Samsung Electronics and Coinbase have partnered to enable Galaxy users to buy cryptocurrencies directly via Samsung Wallet using Samsung Pay. The collaboration offers new users a $25 credit, a 3-month free Coinbase One subscription, and seamless crypto management for over 75 million users in the U.S.
Wyoming has introduced a new stablecoin aimed at providing instant transaction capabilities and reduced fees for both consumers and businesses. This marks a significant step in enhancing crypto usability in everyday transactions.
Kraken obtains Restricted Dealer registration under Ontario Securities Commission rules, bolsters compliance, appoints Cynthia Del Pozo for North America, and launches free Interac e-Transfer deposits to support Canadian crypto investors.
The U.S. cryptocurrency regulatory landscape is poised for significant changes in 2025, with new directions expected to impact the industry. Meanwhile, Australia's ASIC has issued draft updates to INFO 225 and CP 381 to adapt to evolving crypto markets. Learn more about these developments and how platforms like Bitlet.app can help you navigate the regulatory environment while accessing crypto services like flexible payments.
In August 2024, the crypto market showed resilience despite volatility from Fed interest rate hikes. Bitcoin held strong above $50K, while Ethereum faced ETF outflows. Notable is the rise in stablecoin supply and growing crypto adoption by companies like Ferrari. Innovations like Visa crypto cards and EU regulation compliance mark a promising future. Explore buying crypto with ease on Bitlet.app, featuring flexible Crypto Installment plans.
PayPal introduces 'Pay with Crypto,' enabling US merchants to accept over 100 cryptocurrencies with lower fees and instant fund access. Transactions convert to PayPal's stablecoin PYUSD offering 4% yield, boosting merchant profitability.
The ECB warns about U.S. dollar-backed stablecoins dominating the eurozone and promotes euro-based alternatives. Meanwhile, PayPal launches global crypto payments, Ethereum marks 10 years with strong gains, and BNB hits a new all-time high. Discover more trends and insights in crypto today.
Mastercard has announced its prediction to tokenize every transaction in the European Union by 2030, signaling a major shift toward secure and efficient digital payments. This move aligns with the growing trend of tokenization in financial services, enhancing security and privacy for consumers. Platforms like Bitlet.app complement this future, offering innovative crypto services such as installment plans for buying cryptocurrencies.
Bitcoin climbed to $105,000 after President Trump's executive order promoting cryptocurrency regulations and banning CBDCs. The U.S. move signals growing mainstream acceptance of digital assets, with major cryptocurrencies gaining traction and banks preparing for crypto payments.
Mastercard is paving the way for a future enriched with stablecoin transactions. By partnering with MoonPay, users can convert stablecoins like USDC into local currencies for real-world purchases. This innovation includes debit cards linked to crypto holdings and on-chain identity tools, aiming to simplify cross-border payments. However, the U.S. legislation on stablecoins is currently stalled, with bipartisan negotiations still ongoing.