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Tether scales crypto payments in Eastern Europe with new investment
8.5.2024
The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan
Brazilian Hospital Will Accept Crypto Pay in National First
26.6.2023
A hospital in the Brazilian state of Rio Grande do Sul has become the first in the nation to accept crypto pay.
Per the Brazilian media outlet Livecoins, the hospital in question is the Rolante Hospital Foundation (FHR), a large general hospital in the municipality of Rolante.
FHR is the oldest...
French Real Estate Firm Signs Crypto Pay Deal – Is Adoption on the Rise?
21.6.2023
A French real estate firm has signed a partnership deal with domestic crypto pay provider, an indication that the European nation may be the next to embrace crypto-powered commerce.
Per Boursier, Apsys will allow customers to pay using crypto at all of its shopping malls.
The firm operates...
Belgium: Burger Chain to Accept Crypto Pay – Is Adoption on the Rise?
14.6.2023
The Belgian arm of the French fast food chain Black & White Burger has announced that all its stores in the nation will accept crypto payments.
Per the media outlets L’Echo and L’Avenir, the chain also says it has created a “mystery burger,” which will only be made available to customers paying...
Russia’s Rosbank Begins ‘Int’l Crypto Pay Pilot’ – Banks Joining Government’s Crypto Plan?
6.6.2023
The Russian megabank Rosbank says it has launched a “cross-border crypto payments” pilot.
Per RBC, Rosbank has become the “first major” Russian bank to launch cross-border payments services “in cryptocurrency.”
The bank has teamed up with a local crypto firm named B-Crypto for its initiative....
Argentine Coffee Shop Reveals x10 Rise in Crypto Pay in Past Year – Is Adoption on the Rise?
11.5.2023
An Argentinian coffee shop has announced a x10 rise in crypto-paying customers in the past year – and says it plans to open a branch in Chile.
Per Criptonoticias, the shop is named CrypStation, and has two branches in the capital, Buenos Aires.
In the past 12 months, the shop stated, over 10%...
Binance, PoS Giant Ingenico Seal In-store Crypto Pay Deal
23.2.2023
The crypto exchange Binance and the French payments provider Ingenico have struck a deal that will let customers pay for goods and services in crypto.
Per an Ingenico press release and a report from France’s BFM-TR, the deal involves Binance’s payments arm – Binance Pay. The companies will begin...
New Law Will Ban Crypto Pay in Russia (Again) as Miners Struggle to Convince Central Bank to Legalize Industry
9.6.2022
Crypto advocates are still facing an uphill struggle in Russia – where MPs are expected to vote in favor of a proposal that will ban the use of “monetary surrogates” as a form of payment. And it appears that crypto miners are yet to persuade the influential Central Bank Governor Elvira...
Russian Tax Body Suggests Allowing Crypto Pay in Trade Deals, Digital Ruble May Be Ready by 2023
22.4.2022
The Russian tax agency reportedly wants to allow companies involved in cross-border trade to accept crypto as a form of payment – and pay foreign exporters in cryptoassets. And the Central Bank has claimed that its digital ruble could be ready as soon as next year....
Read More: Russian Tax Body...
Spanish Telecom Behemoth Telefónica Weighs up Crypto Pay Options
4.3.2022
The Spanish telecoms giant Telefónica is mulling accepting crypto pay for “some of its services” – although it claims that its crypto projects pertaining to payments are still in the planning stage....
Read More: Spanish Telecom Behemoth Telefónica Weighs up Crypto Pay Options
AMC Theatres on Track to Accept Dogecoin and Shiba Inu Payments in Q1, CEO Confirms
7.1.2022
The CEO of the world’s largest movie exhibition company, AMC Entertainment, says his company is on track to accept meme cryptocurrencies dogecoin (DOGE) and shiba inu (SHIB) in the first quarter of this year. Dogecoin and Shiba Inu Coming to AMC Theatres Soon The CEO of AMC Theatres, Adam...
Crypto Pay on the Rise in South Korea as Commercial Giants Ink Partnership Deals
22.12.2021
South Korean retail chains are embracing crypto- and blockchain-powered payment platforms – and so are their customers, according to new industry data.
Per the Kookmin Ilbo, there has been a 136.6% rise in the number of crypto- and blockchain-powered pay transactions over the course of the past...
Verifone Enables Retailers to Accept Cryptocurrencies, Says Merchants’ Appetite for Crypto Payments ‘Has Exploded’
28.9.2021
Verifone, a global payment system provider with 35 million devices in 150 countries, is rolling out crypto payment support in the U.S. in partnership with Bitpay. Verifone’s platform processes more than $440 billion annually. The company says, “the appetite for crypto payments...
Ukraine Might Allow Indirect Crypto Pay, Will Regulate Exchanges
9.8.2021
Ukraine could be set to allow its citizens to “protect their wealth” in cryptoassets, a minister has claimed – but will move to block direct crypto-powered payments and will regulate exchange in line with “international” guidelines.
In an interview with Minfin, Oleksandr Bornyakov, the Deputy...
Cryptocurrency Gaining Mainstream Interest as Payment Option: Report
4.8.2021
Cryptocurrency is gaining mainstream traction among consumers who want to use it for purchases, according to a new report. Out of more than 8,000 U.S. consumers surveyed, 93% of crypto users would make purchases with cryptocurrency in the future. Growing Number of People Want to Pay With...
US City in North Dakota Now Accepts Cryptocurrencies for Bill Payments
15.5.2021
A city in the U.S. state of North Dakota has begun accepting cryptocurrencies for utility bill payments. The city’s finance director says, “We are the first municipality in the state of North Dakota, and the third in the nation, to offer this service.” City Government Accepts...
PayPal Launches Crypto Pay Services in United States for BTC, ETH, Altcoins
30.3.2021
The payments giant PayPal – widely credited with inadvertently sparking the current crypto bull run last year with its major crypto move – has announced the launch of a service that will allow its customers to pay with cryptoassets such as bitcoin (BTC).
In a press release, the firm stated that...
South Korean Tech Giants May Capitalize on ‘Rising Crypto Pay Demand’
30.3.2021
A new report has suggested that South Korea’s two biggest internet-focused tech titans, Kakao and Naver, may be well-poised to take the next step in crypto pay and crypto exchange-related business expansion.
Both have already placed a foot firmly into the door of crypto, but are still taking...
Binance Rolls out Crypto Pay Service for Bitcoin, Ether, Fiat and More
12.3.2021
The crypto exchange giant Binance has come good on claims last year that it was poised to join the payments sector, moving its Binance Pay platform out of beta and into the full rollout.
Following a similar move from rival crypto trading platform Bitfinex earlier this month, Binance wrote, in...
Exchanges Target Payments Sphere as Bitfinex Enters Crypto Pay Too
4.3.2021
Crypto’s so-called unsuitability as a form of payment – a charge leveled at the sector by its biggest critics – is increasingly being put to the test, as some of the world’s biggest crypto exchanges wade into the payments sector.
Per a press release shared with Cryptonews.com, the crypto exchange...