The post AngelList Shifts Gears, Halts Crypto Payment Support appeared on BitcoinEthereumNews.com.
AngelList, the prominent hub bridging startups and investors, has revealed a significant policy shift as it plans to discontinue support for cryptocurrency transactions. This decision, effective July 31, includes terminating its partnership with Ripple-powered payment service Rail, initially designed to facilitate easy crypto payments on the platform. Continue Reading:AngelList Shifts Gears, Halts Crypto Payment Support Source: https://en.bitcoinhaber.net/angellist-shifts-gears-halts-crypto-payment-support
The post AngelList ends crypto funding support tied to Ripple’s Rail appeared on BitcoinEthereumNews.com.
AngelList will stop supporting crypto payments for investment funding at the end of July. Summary AngelList will pause crypto investment funding, pushing users toward ACH and wire transfer options. The change affects USDC, USDT, DAI, and ETH payments, but not existing investments. Ripple bought Rail for $200 million to expand enterprise stablecoin payments and global settlements. The venture platform said crypto funding will become unavailable from July 31, 2026, according to an AngelList help-center notice. The change affects payments made in USDC, USDT, DAI, and ETH. AngelList said its third-party crypto payments provider is discontinuing the service. Users will need to use traditional payment routes for upcoming investments until the company restores or replaces crypto funding support. The company said ACH and wire transfers will remain available. Domestic wires usually arrive w
The post Ripple-Operated Rail Dropped by Major Software Company appeared on BitcoinEthereumNews.com.
AngelList, the prominent platform that connects startups with investors, is winding down its crypto payment support. The company is terminating its relations with Ripple-operated Rail, according to the announcement. “Effective July 31st, our partnership with Rail (operated by Ripple) will be formally wound down,” the company stated. Ripple-Operated Rail Dropped by Major Software Company XRP, Shiba Inu (SHIB), Solana (SOL) and Bitcoin (BTC) Price Analysis for June 8: Momentum Is Not Fueled Yet AngelList has noted that crypto payment options (specifically USDC, USDT, DAI, and ETH) will become completely unavailable until further notice, meaning that users will have to go back to traditional financial rails. The company confirmed that ACH and wire transfers will remain fully functional. You Might Also Like Users have been urged to switch to fiat for any upcoming investments to avoid pr
