Cheq is a fintech startup that enables cryptocurrency payments in a user-friendly app.&nbsp;Cheq hopes to establish itself as a viable option for taking payment with stablecoins that are pegged to the U.S. dollar. And because it uses stablecoins it also avoids intermediary fees and many approval requirements.Users connect a crypto wallet to the platform and then use the app as they would a modern neobank. Cheq can create payment links so customers can pay with crypto via these links. Cheq then collects names and addresses from the buyer and performs follow-on actions with other services for merchants to fulfil orders.Cheq is also aimed at SaaS companies wanting to add a crypto option alongside the existing fiat payment processor, such as events. It can be used with a wallet that supports payments on the Ethereum, Binance Smart Chain or Polygon chains.

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Binance co-founder Changpeng Zhao (CZ) has urged Elon Musk to ban automated bot accounts on X. He called for disabling API posting, which allows automated accounts to post content. CZ emphasized that bots flood the platform with spam, impersonation, and scams. In a March 9 post, CZ said users could

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