Payments Firms Launch Crypto Products, New Crypto Adoption Data Published

According to a recent press release, a well-known U.S. payments and financial technology company announced that it will allow its United States merchants to buy, sell and hold cryptocurrency directly from their business accounts with the company. As noted in the release, this move follows the prior successful launch of this service to the company's retail customers and is in response to business owners' desire to have the same cryptocurrency capabilities as consumer clients. The company's business account clients reportedly also will be able to send and receive supported cryptocurrency tokens to and from external blockchain addresses.

In other news, a global payments technology company reportedly has launched its Tokenized Asset Platform to assist banks with the process of issuing fiat-backed tokens on the Ethereum blockchain. According to a report, the company's new platform provides the tools and infrastructure required to tokenize fiat currencies and may also