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Signal starts testing privacy-focused payments feature based on cryptocurrencies


5 hours ago
Signal is testing a new peer-to-peer payments system, the messaging app announced on Tuesday. Named “Signal Payments”, the new feature will support the MobileCoin wallet protocol, which has its own cyrptocurrency “MOB”. While the feature is being rolled out to beta users in the United Kingdom, it will be expanded elsewhere, the company said.
Jun Harada, Signal’s head of growth and communication, said in the announcement post: “The first payments protocol we’ve added support for is a privacy focused payments network called MobileCoin, which has its own currency, MOB.” MOB is presently listed only on the cryptocurrency exchange FTX. MobileCoin which raised $11 million in funding last month, has close ties to Signal. It is advised by Moxie Marlinspike, the creator of Signal. ....

United Kingdom , Jun Harada , Moxie Marlinspike , Unified Payments Interface , Official Digital Currency Bill , Reserve Bank , Lok Sabha Bulletin Part , Budget Session , ஒன்றுபட்டது கிஂக்டம் , ஜூன் ஹராடா , ஒருங்கிணைந்த கொடுப்பனவுகள் இடைமுகம் , அதிகாரி டிஜிட்டல் நாணய ர சி து , இருப்பு வங்கி , லோக் சபா புல்லட்டின் பகுதி , பட்ஜெட் அமர்வு ,

Bitcoins will be used by sovereigns in the future – Rahul Pagidipati, ZebPay


5 days ago
Bitcoins could become the currency of the future as exchange rates weaken and local currencies depreciate over time, leading to people, institutions and even sovereigns using Bitcoins or other crypto-currencies as a means to settle payments internationally, said Rahul Pagidipati, chief executive officer of ZebPay, a leading crypto-currency exchange. This would mean that the US Dollar would be replaced by Bitcoins or other crypto-currencies as it becomes devalued over time as the world’s reserve currency.
In an interview with MediaNama, Pagidipati said that the time for an outright ban on crypto-currencies is over, and that the government should work with the industry to address specific regulatory concerns and encourage innovation. ....

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