Reddit Drops Bitcoin Payment Option For ‘Gold’ Membership Reddit no longer allows users to pay in bitcoin for subscriptions to its premium membership program, Reddit Gold. … Read More
Litecoin Payments Startup That Won Trader Favor Abruptly Shuts Down Litecoin merchant processor LitePay is closing up shop.… Read More
Alibaba Payment Affiliate Rules Out ICO Fundraising Ant Financial Services Group, Alibaba’s payment affiliate and operator of AliPay, has taken a critical stance over initial coin offerings.… Read More
9 Malaysian Banks Team Up for Trade Finance Blockchain Apps Nine Malaysian banks have teamed up to develop blockchain applications for trade finance, according to the country’s central bank.… Read More
Blockchain Remittances Face Efficiency Hurdle, Says Taiwan Central Bank A trialed blockchain system for interbank clearance was not as efficient as the current centralized system, says a central bank report.… Read More
Bitcoin Will Be World’s ‘Single Currency’ Says Twitter CEO Jack Dorsey has said he believes bitcoin will take over the U.S. dollar as the world’s primary currency in 10 years or less. … Read More
South Korean Financial Watchdog Touts Blockchain in Fintech Plans South Korea’s Financial Services Commission plans to encoureage businesses to use blockchain tech in new payment systems and more.… Read More
Korea Telecom Announces Blockchain For Network Security South Korean telecom provider KT unveiled a new system based on a blockchain security-focused network. … Read More
Israeli Regulator: Utility Tokens Shouldn’t Be Deemed Securities The Israel Securities Authority also proposed an ICO sandbox in a recent report now in the hands of the agency’s chair, who will decide how to proceed… Read More
Singapore Central Bank Touts Blockchain for Cross-Border Payments The chief of the Monetary Authority of Singapore has spoken of how blockchain’s “strongest” use case is in cross-border settlement.… Read More