In our “Payment Systems” section, we cover electronic payment systems (EPS) and services used to send, receive, and manage digital money online. Here you will find guides on how payment systems work, how to transfer funds securely, and how they integrate with cryptocurrency platforms. Read the “Payment Systems” section on ForkNews to learn how modern digital payment infrastructure operates.
South Korean financial regulators have begun inspections of bank accounts and transactions belonging to crypto exchanges and crypto exchangers. The Financial Intelligence Unit and the Financial Conduct Authority are inspecting these sites en masse under the guise of checking compliance with money laundering regulations.
Developers of major cryptocurrencies spend a lot of time and effort improving the code and adding new features to it. Although many people contribute to the operation of the system on a voluntary basis, there are always those willing to provide stable funding for this project.
Overstock, a major online retailer, said in a statement on January 9 that the company is aware of a glitch in its payment system that allows customers who simultaneously pay for purchases in Bitcoin and Bitcoin Cash to receive a huge discount.
The Deputy Prime Minister of Singapore said yesterday, speaking at a parliamentary session, that bitcoin, like the Singapore dollar, should be subject to legislation.
Let's analyze possible options for price movement for leading cryptocurrency pairs. Let's start with Bitcoin Cash, which ranks fourth in terms of capitalization.
The Venezuelan Parliament said that the country's President Nicolas Maduro illegally and in violation of the Constitution announced the support of the national cryptocurrency El Petro with oil fields
EOS is not just another cryptocurrency in a long list, but a new blockchain-based operating system that is based on Ethereum technology and is designed to perform multiple tasks simultaneously. EOS acts as both a digital currency and a financial structure at the same time.
Recently, the vice-president of Groupe Nduom, a leading financial holding company in Africa, Papa-Vassa made a statement: “Thirteen African countries must buy bitcoin and immediately.” His proposal comes as many African countries rely entirely on the dollar as their reserve currency.
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