Bitcoin Warning: Dorsey Predicts Irrelevance Risk
Billionaire Jack Dorsey warns $BTC risks irrelevance if it remains a store of value without becoming a payment method rivaling Visa and Mastercard. #Update #Crypto $BTC (-3) ↘
payments
Gen Z Chile: Digital Crypto-Native Surge
@Kushki reports over 50% of Chilean centennials use digital payments and understand crypto, highlighting Latam’s shift to tech-based settlements. #Update #Crypto (+3) ↗
Crypto’s Global Debut Not a ‘Eureka’
@Mercuryo_io CEO Petr Kozyakov highlights traditional finance’s inertia as a barrier to stablecoin adoption despite blockchain’s potential to transform global finance. #Update #Crypto (+3) →
Solana Payments Revolutionize Polymarket Transactions
@Polymarket integrates Solana blockchain for efficient fund deposits amid $11.4B annual trading volume, navigating regulatory challenges and enhancing prediction markets. #Update #Crypto (+6) ↗
Stablecoin Boost Moonpay Acquires Iron
@Moonpay has acquired startup Iron for at least $100M, enhancing its enterprise stablecoin payment solutions with Iron’s API-driven technology. #Update #Crypto (+6) ↗
Crypto Milestone Alchemy Pay Gains Registration
@AlchemyPay announced its successful registration as a Digital Currency Exchange Provider in Australia, marking a significant step towards local partnerships and expansion. #Update #Legal (+3) ↗
Facial Recognition Revolution Russia Launches System
Russia will implement a unified facial payment system by late 2025, with @Sber and the National Payment Card System (NSPK) collaborating to set standards and ensure interoperability as non-card payments grow. #Update #Fintech (+3) ↗
Crypto Giant Moonpay Acquires Helio
@Moonpay has acquired Helio, a Solana-focused payment processor, for $175 million. Helio will operate as a Moonpay subsidiary with its employees becoming shareholders. #Breaking #Crypto $SOL (+8) ↗
Bitcoin Salary Payments Proposed in Oklahoma
Senator Dasty Deevers introduces SB325, the Bitcoin Freedom Act, to allow Bitcoin salary payments and position Oklahoma as a financial tech leader. The bill will be reviewed starting February 3, 2025. • #Update • $BTC • (+4) • ↗
Thailand Launches Crypto Payments in Phuket
Thailand plans to pilot crypto payments in Phuket, enabling tourists to pay with $BTC, as announced by Deputy Prime Minister Pichai Chunhavajira on Jan. 8 at a Thailand Marketing Association seminar. • #Update • #Crypto • $BTC • +3 • ↗
Blockchain Payments Surge in Middle East Africa
@Ripple’s survey highlights the transformative role of cryptocurrency in finance across the Middle East and Africa, with payments, digital assets, and cross-border transactions leading adoption. • #Update • #Crypto • @Ripple • (+4) • ↗
Code Sparks X Payments Launch Buzz
New code hints at @X’s potential early launch of X Money, following CEO Linda Yaccarino’s 2025 confirmation, fueling speculation about imminent payment features. • #Update • #Tech • @X • (+3) • →
BRICS Pushes Dollar-Free Payments Agenda
BRICS, under Brazil’s leadership, will focus on alternative payment systems in 2025 to reduce U.S. dollar reliance and enhance local currency trade. • #Update • #Finance • @BRICSinfo • (+4) • →
Crypto Payments Expand with Kucoin Pay
@Kucoin launches Kucoin Pay to enhance retail crypto use, offering seamless, borderless payments with lower fees and wider merchant access via digital currencies. • #Update • #Crypto • @Kucoin • (+4)