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Iggy Azalea, the famous Australian rapper, songwriter, and model, is positioning herself as a global ambassador for cryptocurrency mass adoption. The celebrity’s positioning has positively surprised crypto enthusiasts worldwide due to a focus on using cryptocurrencies for payments, not speculative. In a recent post on X, Iggy Azalea said she is bullish and that “the time is now” for crypto. “I’ve been telling everyone I do business with to pay me in crypto instead of fiat. This technology really is the future and I couldn’t be more bullish on mAss adoption. The time is now.” – Iggy Azalea Picks for you Perplexity AI reveals the 3 most popular investments for Q4 2024 17 hours ago Why gold is set for another ‘...

Alchemy Pay has joined the ranks of crypto firms like Coinbase and Jack Dorsey’s Block in securing the Money Transmitter License in Arkansas. Cryptocurrency payment gateway Alchemy Pay is expanding its global presence after securing a major payment license in the United States. Alchemy Pay has obtained a Money Transmitter License in the state of Arkansas, the firm announced to Cointelegraph on Sept. 20. Granted by the Arkansas Securities Department, the license officially enables Alchemy Pay to operate services like selling or issuing payment instruments, stored value, prepaid access, as well as receiving money , virtual currency, or monetary value for transmission. In receiving the Money Transmitter License, Alchemy Pay joins the ranks of many cryptocurrency firms that are authorized to provide crypto-to-fiat transactions in Arkansas, including Coinbase, Jack Dorsey’s Block, MoonPay, bitFlyer exchange and others. The license marks a significant milestone in Alchemy Pay’s efforts...

The Spring Development Bank is Myanmar’s first financial institution to run entirely on crypto and blockchain. Myanmar’s first entirely crypto - based banking institution has announced a soft launch for July 22 — a move that could see the country’s shadow government given greater access to financial services and funding. The Spring Development Bank is named after the Spring Revolution, the opposition movement led by Myanmar’s exiled National Unity Government (NUG) against the ruling State Administration Council (SAC) — a military junta that seized control of the country in February 2021. The bank’s target demographic isn’t just the 55 million Burmese living in Myanmar, but also the two-million-strong “Burmese diaspora”, who live and work outside of Myanmar and frequently send money back to the country. Constructed on Polygon, the bank’s main goal is to make both domestic and international payments faster and more efficient, as well as offer international access to a broad array of...

The bank plans to enable users to make phone payments by integrating its e-CNY app with specialized "super SIM cards" that have near-field communication capabilities. Bank of China, one of the largest state-owned banks in China, is currently conducting trials for a novel offline payment system that connects to SIM cards. This payment method is designed specifically for the digital yuan, also known as the e-CNY, which is China's central bank digital currency (CBDC) currently being tested. This announcement was made by the bank on Monday in a social media post, revealing their partnership with telecommunication operators China Telecom and China Unicom and their intention to commence testing on Tuesday. The bank plans to enable users to make phone payment s by integrating its e-CNY app with specialized "super SIM cards " that have near-field communication capabilities. Users simply need to bring their mobile phones near the point of sale terminals for payment , el...