Merchants

WeChat Eyes Blockchain for Faster Corporate Expense Refunds

| Wolfie Zhao

WeChat owner Tencent thinks blockchain can speed up reimbursement of expenses for company employees and it's trialing a feature to do just that.

Coinbase Launches Crypto Plugin for Popular E-Commerce Platform

| Daniel Palmer

Coinbase has announced a new service aimed at improving access to cryptocurrency payments for e-commerce businesses.

Northern Trust Is Helping Hedge Funds Invest in Cryptocurrencies

| Nikhilesh De

U.S.-based custody bank Northern Trust is helping traditional "mainstream" hedge funds expand into cryptocurrencies, says Forbes.

Ripple Partners With Madonna to Fundraise for Orphans in Malawi

| Madeline Meng Shi

Cryptocurrency payments startup Ripple is partnering with Madonna to raise funds for orphans in the African nation of Malawi.

Novogratz’s Galaxy Digital Will Start Trading on a Stock Exchange This Week

| Madeline Meng Shi

Cryptocurrency merchant bank Galaxy Digital will begin trading on the Toronto TSX Venture Exchange this week.

Singapore Airlines’ Blockchain-Based Loyalty Program Takes Off

| Anna Baydakova

Singapore Airlines has officially launched its blockchain-based loyalty program for frequent customers.

Google Cloud Inks Deal With Blythe Masters’ Blockchain Startup

| Nikhilesh De

Google Cloud is teaming up with distributed ledger startup Digital Asset to provide development tools for blockchain apps.

US Consumer Finance Watchdog Opens Regulatory Sandbox to Blockchain

| Nikhilesh De

The CFPB is launching a regulatory sandbox to encourage innovation in new tech such as blockchain, acting head Mick Mulvaney announced Wednesday.

Fed Chair: Cryptocurrencies Are ‘Great’ For Money Laundering

| Madeline Meng Shi

Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill.

Litecoin’s Lee: Bank Deal Might Lead to New Crypto Services

| Nikhilesh De

Charlie Lee took to reddit Tuesday to clarify his and the Litecoin Foundation's roles in the new acquisition of nearly 10 percent of a German bank.