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Trump Bans Chinese Payment App Giants Alipay and Wechat- Order Could Steer Billions of Dollars Toward Bitcoin

Cryptocurrencies may see a boost between China and the U.S., as the American president Donald Trump has signed an executive order banning financial transactions with eight China-based payment applications. Following the signing of Trump’s new executive order, popular payment apps including Alipay, Wechat Pay, and Tencent’s QQ will be banned in America in 45 days. According to the latest executive order signed by U.S. President Donald Trump, Americans will be prohibited from transacting with eight different Chinese payment applications. Transactions processed with these apps will be prohibited in 45 days…

Trump bans Chinese payment apps, including AliPay and WeChat Pay

With just two weeks left in office, President Donald Trump has sent out a new executive order targeting Chinese payment apps.  The Tuesday order bars United States citizens or people located in the U.S. from using nine Chinese payment apps. It continues the White House's earlier efforts to cut off the U.S. market from Chinese-owned apps like TikTok. Yesterday's order repeats earlier concerns of data collection by the Chinese Communist Party: "The continuing activity of the PRC and the CCP to steal or otherwise obtain United States persons’ data makes clear that…

Slot machine manufacturer gets patent for crypto payment options

The largest manufacturer of slot machines in the world has just received a patent that would allow customers to access crypto payments for gambling. According to records from the United States Patent and Trademark Office, International Game Technology, or IGT, received a patent today for a system that would enable gamblers to transfer crypto from their accounts into a “gaming establishment account.” The patent filing shows payments in Bitcoin (BTC), Bitcoin Cash (BCH) and Ether (ETH) as examples for users transferring crypto from their private wallets to wallets connected to…

Dash announces new update, social payment wallet enters testnet

Dash has moved development work on the v0.17 of its platform to the testnet phase according to an announcement released on Wednesday. Back in July, Cointelegraph reported that the Dash Core Group was looking to release the platform testnet before the end of the year. As part of the announcement, Dash revealed that the testnet environment being five times larger than Evonet which is almost exclusively owned by the Dash Core Group. According to Dana Alibrandi, the head of product at Dash: “This is the biggest deployment of Dash Platform,…

Top Payment Methods at Online Casinos

With an increasing number of people embracing the online gambling industry, casinos must ensure they have sufficient options to cater to all payment preferences. One of the deciding factors for many gamblers choosing an online casino is the range of payment methods. There are so many options, from debit and credit cards to cryptocurrency and everything in between. The ability to make quick, hassle-free deposits goes a long way to increasing your gambling enjoyment, as does a fast withdrawal process. Although convenience is one of the major factors determining a…

French Mobile Payment App Lydia Bags $86 Million in Funds

Users of Lydia can now spend money in their account directly using a Visa debit card as a result of an upgrade of the platform. The app also allows users to generate a virtual card that’s accepted by Google Pay and Apple Pay. Lydia, a French mobile payment app and fintech startup, raised $86 million in its last Series B round. The company earlier in January raised $45 million, with Tencent, a Chinese multinational holding company leading the investment. The French mobile payment app has now raised $131 million in…

Bitcoin.com Wallet Adds Shareable Payment Link Feature – Send Bitcoin Cash to Anyone via Text, Email, and Social Media

At Bitcoin.com, our team is all about spreading the benefits of peer-to-peer electronic cash and our flagship wallet is a testament to our team’s passion. Bitcoin.com’s noncustodial crypto wallet recently upgraded and now offers a new payment link feature that allows anyone to send bitcoin cash by email, and even social apps like Whatsapp, Facebook, Slack, Telegram, and Instagram. Just recently the Bitcoin.com Wallet added a number of new features in the latest 6.10.3 version release. The Bitcoin.com Wallet is a noncustodial bitcoin cash (BCH) and bitcoin (BTC) client that…

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Make Bitcoin Great Again: Trump vs Biden vs Crypto: The Bitcoin.com Weekly Update

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Watch the latest Bitcoin.com Weekly Update where we touch on what both U.S. Presidential candidates might mean for Bitcoin, John McAffee sitting in Spanish prison, a Bitcoin enthusiast elected to the U.S. Senate, and more. Timestamps: 00:33 John McAfee Pumps Crypto From Prison, Denies Tax Fraud and Murder Charges 01:20 America’s Second Stimulus Check: Americans Still Waiting For Relief Package 01:52 Bitcoin Hodler Cynthia Lummis Elected to U.S. Senate 03:03 US Feds Seize Over $1 Billion from Wallet Linked to Silk Road…