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Amazon to allow users to make payments using cryptocurrencies

Amazon to allow users to make payments using cryptocurrencies

Amazon.com, Inc. has recently hinted plans to allow users to make purchases using cryptocurrencies like Bitcoin as a mode of payment. The news comes as the e-commerce giant is looking to recruit a digital currency and blockchain product lead for its payments team.

According to a recent job posting, Amazon's team is looking for a skilled product leader to build Amazon's Blockchain and Digital Currency strategy and product roadmap.

As per the company, the lead will be responsible for utilizing expertise in Blockchain, Central Bank Digital Currencies, Distributed Ledger, and Cryptocurrency to build the case for the capabilities tha

Paysafe selects Elliptic to support crypto payments compliance

Paysafe selects Elliptic to support crypto payments compliance

Paysafe, a prominent specialized payments platform, has reportedly selected Elliptic, a global leader in crypto-asset risk management, for its Elliptic Lens solution to examine crypto wallets, going above as well as beyond in crypto compliance. Paysafe can now control its indirect exposure to risks related to cryptocurrency while also strengthening its cryptocurrency controls.

According to reports. Elliptic and Paysafe together have released a case study outlining why Paysafe picked Elliptic as its enhanced indirect crypto exposure.

Paysafe, which was listed on the New York Stock Exchange in March 2021, enables businesses and individual

NSAV Crypto Exchange announces plans to go public in the US

NSAV Crypto Exchange announces plans to go public in the US

NSAV will become the second cryptocurrency company listed and traded publicly in the United States following launch of its cryptocurrency exchange

Net Savings Link Inc (NSAV), a blockchain, cryptocurrency, and digital asset technology company, has reportedly publicized its plan to go public in the United States through an initial public offering (IPO) following the launch of its anticipated Cryptocurrency Exchange.

According to a press statement issued by the company, the IPO will take place on August 9, 2021, making NSAV the second cryptocurrency company listed and traded publicly in the United States.

Cashaa to commence cryptocurrency banking services in India

Cashaa to commence cryptocurrency banking services in India

Online cryptocurrency bank- Cashaa has reportedly announced the extension of its crypto banking services in India. The bank is likely to establish a credit co-operative society to allow customers to access services for digital and fiat currencies.

Notably, Cashaa has introduced Unicas in association with the United Multistate Credit Co-operative Society. Unicas is expected to be the world’s first financial organization that caters to cryptocurrency banking needs at physical locations.

The news comes at a time when the Reserve Bank of India has advised financial agencies to stay clear of the crypto sphere where the government is se

TikTok bans influencers from promoting cryptos on its platform

TikTok bans influencers from promoting cryptos on its platform

TikTok, the video-sharing focused social networking service owned by Chinese company ByteDance, has reportedly upgraded its branded content policy to prohibit all financial products and services, including influencers from promoting cryptocurrency, share trading, and buy-now-pay-later schemes.

As per the company, the move has been taken to combat rising misuse of the immensely popular media platform for committing scams, frauds and unethical behavior that might violate someone's privacy. The new TikTok guideline will impact legal, financial organizations, as they will no longer use influencers to promote their products.

By removing

Leher witnesses surge in crypto-based conversations on its platform

Leher witnesses surge in crypto-based conversations on its platform

A rapid increase in the adoption of digital assets has subsequently led to the establishment of many blockchains and crypto-based start-ups across the globe. There has been a growing interest surrounding discussions related to the topic across several community-based platforms like Twitter Spaces and Clubhouse.  

Recently, social networking service- Leher has been witnessed a surge in real-time discussions regarding cryptocurrencies. Vikas Malpani, Co-Founder of drop-in live audio-video chat application, Leher, mentioned that Indians are developing a keen interest in blockchain and cryptocurrencies lately.

Elaborating on the new tr

Jack Dorsey: Square to form a new division for Bitcoin-based DeFi

Jack Dorsey: Square to form a new division for Bitcoin-based DeFi

Jack Dorsey, the CEO of Twitter and Square, a US-based digital payment and financial services company, has reportedly announced through his Twitter handle that the company is forming a new division that will focus on developing Bitcoin-based decentralized financial services.

In his Twitter post, Dorsey has stated that Square's new division will develop an open developer platform with the express purpose of enabling easy to create, permission less, non-custodial, and decentralized financial services. Bitcoin is the firm's primary focus.

Dorsey has designated engineer Mike Brock as the new division head. Previously, in 2018, Brock

WiV Technology to transform wine industry using its blockchain platform

WiV Technology to transform wine industry using its blockchain platform
  • The company has raised $1.5 million which it will use to support the development of its tokenized wine platform
  • WiV is also looking to hire aspirants in the field of design, operations, engineering, and other functions

WiV Technology, a blockchain-based marketplace for trading unique assets, has recently announced securing $1.5 million thru the sale of its $WIVA tokens. Prominent investors who took part in the capital raise include SuperNatural, RedCave Ventures, StableNode, 1010 Capital, Daniel Maegaard, and Tokenization Ltd.

In a press release, WiV

MEXC allies with Travala.com on a new frictionless payments deal

MEXC allies with Travala.com on a new frictionless payments deal

MEXC Global, a leading cryptocurrency exchange platform, has partnered with blockchain-based online travel agency, Travala.com to add its MX tokens onto the agency’s payment system. With this move, MEXC users will be able to pay for bookings using MX tokens and gain access to a wide choice of Travala.com listings from around the world. In addition, MX holders can also use their tokens to pay for travel products on Travala.com.

MEXC Global CEO, John Chen Ju. said that they are looking forward to a promising collaboration with Travala.com as they promote the use of cryptocurrencies in travel, with the goal of wide-scale adoption in the near future. He added that t