Crypto Payments | ForkLog

ForkLog 54 24.03.2025

Visa On-Chain Card Issuer Secures $25 Million

Rain, the company behind Visa’s on-chain cards, has announced raising $24.5 million in a funding round led by Norwest Venture Partners. Excited to announce $24.5M in new funding for Rain led by @NorwestVP with participation from new investors @Galaxyhq, @CompoSecure, Goldcrest, Vinyl, @BDMIFund, @LatitudeCapital, Thayer and @_hardyaka, and existing investors @lightspeedvp, @cbventures, and @CanonicalCrypto.… pic.twitter.com/q7QjkKAaXa […]

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ForkLog 10 14.03.2025

Brazil Proposes Cryptocurrency for BRICS Trade

The Brazilian authorities plan to propose the use of blockchain technology in international trade among BRICS countries, according to a report by O Globo. This initiative will be one of the priorities during Brazil’s presidency of the bloc, which began in January and will last for a year. The idea differs from the previously discussed […]

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ForkLog 17 14.03.2025

Russian Oil Firms Turn to Cryptocurrency for Trade with China and India

Russian oil companies are employing cryptocurrencies, including Bitcoin, Ethereum, and the stablecoin USDT, for transactions in oil exports to China and India to circumvent Western sanctions. This is reported by Reuters, citing its own sources. Digital assets simplify the conversion of Chinese yuan and Indian rupees into Russian rubles. Sources note that while the share […]

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ForkLog 31 10.03.2025

Thailand’s Regulator Approves USDT for Trading and Payments

The Securities and Exchange Commission of Thailand (SEC) has recognized Tether’s USDT as a legitimate cryptocurrency, permitting the stablecoin’s listing on regulated platforms and its use in transactions. The new regulations will come into effect on March 16, 2025. They are designed to enhance business flexibility in the digital assets sector. The approval of the […]

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ForkLog 12 20.01.2025

Phuket to launch a crypto-payments sandbox

A sandbox allowing cryptocurrency payments will launch on the Thai island of Phuket in October, former prime minister Thaksin Shinawatra said, the Bangkok Post reported. High-risk cryptocurrencies will be excluded. According to the former official, Thailand is ready to move to digital assets, and liberalisation of the regulatory regime in the United States after the […]

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ForkLog 34 11.12.2024

Monobank Co-founder Discusses Future of Bitcoin Cards in Ukraine

The team behind Ukraine’s monobank has not ruled out the possibility of reviving their previously proposed cryptocurrency card project in 2025. This was stated by the bank’s co-founder, Oleg Gorokhovsky, in an interview with the YouTube channel “Bombardier.” In July 2021, monobank announced plans to issue bitcoin cards that would allow the bank’s clients to […]

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ForkLog 13 04.12.2024

Safe to Launch Cryptocurrency Payment System

Developers of the digital asset management platform Safe have announced the launch of a cross-chain transaction processing system, Safenet. ? Safenet is coming in 2025. The waitlist is open!? https://t.co/WkBM6O26hN pic.twitter.com/6jwgOWE0QL — Safe (@safe) December 3, 2024 According to the project’s website, this is a transaction processing system on the Ethereum blockchain, based on the […]

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ForkLog 11 29.11.2024

Russia Dismisses Proposal for Bitcoin Reserves

Russia has no immediate plans to store budget reserves in the leading cryptocurrency. This was stated by Anatoly Aksakov, head of the State Duma Committee on Financial Markets, in an interview with Parliamentary Newspaper. He attributed this stance to the asset’s high volatility and technical characteristics. “Bitcoin is backed by private individuals, and it is […]

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ForkLog 6 08.11.2024

Detroit Embraces Cryptocurrency for Public Service Payments

Detroit is set to become the largest city in the United States to accept cryptocurrency payments for taxes and other municipal fees. This was announced by Mayor Mike Duggan. Residents will be able to pay with digital assets through a platform managed by PayPal. The initiative is part of the city’s broader strategy to explore […]

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ForkLog 49 08.11.2024

Tonhub Introduces Crypto Card Supporting TON and USDT

The cryptocurrency wallet Tonhub has unveiled a Visa debit card, enabling payments directly from balances in TON and USDT. Tonhub has launched a Visa debit card, allowing users to make direct payments from their $TON or $USDt balances. Expect: ?Intuitive KYC?1.5% transaction fees?Supports SEPA, SWIFT, Apple Pay & Google Pay At Tonhub, your account isn’t […]

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ForkLog 26 23.10.2024

Avalanche Unveils Visa Payment Card

The Avalanche Foundation, the entity behind the Avalanche cryptocurrency platform, has collaborated with Rain Liquidity to develop an on-chain Visa payment card. Introducing the Avalanche Card! ? Spend your WAVAX, USDC, sAVAX, and more wherever Visa is accepted. Enjoy both physical and virtual cards, 24/7 dedicated support, and seamless transactions through popular apps. The future […]

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ForkLog 22 22.10.2024

Data Breach at Crypto Payment Provider Transak

The cryptocurrency payment provider Transak confirmed that a third party gained partial access to the data of 92,554 users (1.14% of the total database). The company asserts that no financially sensitive or critically important information was compromised. According to the team, the hacker gained unauthorized access to a platform employee’s laptop through a phishing attack. […]

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