Payments

Crypto Exchange AirTM Targets Troubled Markets With $7 Million Raise

| Nikhilesh De

Peer-to-peer cryptocurrency exchange AirTM has raised $7 million it says it will use to expand in troubled Latin American economies.

Deloitte: Tech and Telecom Execs Plan to Invest Millions in Blockchain

| Nikhilesh De

Deloitte said in a new report that telecommunication companies can use blockchain to improve a number of services and security functions.

Singapore Taps Blockchain Platform for Selling Tokenized Securities

| Nikhilesh De

The Monetary Authority of Singapore and the national exchange are looking to blockchain for selling tokenized digital assets.

Red Hat Eyes Blockchain For Tracking When Customers Use the Cloud

| Nikhilesh De

Cloud computing giant Red Hat may be looking into using a blockchain-based system to track software usage, according to a patent application.

Bitcoin Wallet Provider Receives E-Money License From UK Regulator

| Muyao Shen

Wirex, a bitcoin wallet and payment card provider, has become the third crypto company to receive an e-money license from U.K. financial regulators.

MetLife Asia Affiliate Trials Blockchain Insurance Product

| Muyao Shen

MetLife Asia affiliate LumenLab has successfully trialed a blockchain-powered insurance product to offer financial protection to pregnant women.

Coinbase’s Wallet Service Now Lists Ink Protocol’s New Payments Dapp

| Muyao Shen

Ink Protocol announced Tuesday that its decentralized payments app, Ink Pay, is now available on Coinbase Wallet.

Thailand’s Central Bank Is Developing a Digital Currency Based on R3 Tech

| Wolfie Zhao

The Bank of Thailand is developing its own digital currency, aiming to complete a first proof-of-concept by March 2019.

eToro to Pay for Major UK Soccer Sponsorship Deal With Bitcoin

| Daniel Palmer

Online investment platform eToro has inked a deal that will see it use bitcoin to pay for sponsorship at seven Premier League soccer teams.

Coinbase Wins Patent for Secure Bitcoin Payments System

| Nikhilesh De

Coinbase is looking into creating more secure digital payment platforms to help merchants accept bitcoin, a patent filing reveals.