Tag: spending

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South Korea to Test Deposit Tokens for Government Spending

Nine major banks will participate in the pilot, which replaces government purchase cards with programmable blockchain-based payments starting in Q4.South Korea's Ministry of Economy...

South Korea to pilot blockchain deposit tokens for government spending in Q4

South Korea’s Ministry of Economy and Finance will begin testing blockchain-based deposit tokens for government spending in the fourth quarter as part of a...

Exodus Rolls Out ‘Exodus Pay’ to Turn Bitcoin Wallet Into Spending App

In brief Exodus launches Exodus Pay, a feature that lets users spend crypto directly from its wallet app. The rollout is limited to five U.S. states,...

UR and Ant Group’s TopNod Partner to Bring Onchain Assets to Everyday Spending

Composable infrastructure provider UR and TopNod, a next-generation non-custodial wallet from Ant Group, have partnered to deliver a compliant, co-branded Mastercard to TopNod’s userbase. Backed...

Wirex and Utorg Partner to Bring Seamless Crypto-to-Card Spending to 2M+ Global Users

Wirex, a prominent full-stack crypto card issuer and Banking-as-a-Service (BaaS) provider, has entered into a strategic partnership with global fintech firm Utorg. Utorg, which...

Tencent to Double AI Spending to More Than $5B Over Next Year

Chinese tech giant Tencent plans to boost its spending on AI over the next 12 months, more than double what it invested over the...

You Can Control an AI Agent’s Crypto Spending With Ledger Hardware Wallets and MoonPay

In brief Ledger now supports hardware wallet signing for MoonPay Agents transactions. Users must approve each transaction while AI agents execute trades and transfers. MoonPay launched its...

Emirates NBD Brings Carbon Tracking to ENBD X App to Drive Sustainable Spending

Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has launched a new service designed to help...

Nvidia Earnings Results Steady Markets as AI Spending Debate Intensifies

In brief Nvidia’s data-center revenue rose 75% to $62.3 billion, reinforcing its dominance at the core of global AI infrastructure spending. U.S. stocks rebounded modestly, with...