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Turkey’s $200 limit on cash payments: What does it mean for crypto?
12.9.2024
Should the Turkish government pass new amendments, all cash payments above $205 would be subject to fines of 10%
Australian Cash Use in Decline as 75% of Residents Now Seen as ‘Low Cash Users’
15.12.2023
On Dec. 12, Michele Bullock, the governor of the Reserve Bank of Australia, revealed that as much as 75% of Australians are now considered to be “low cash users.” Bullock also noted that the reduction in the use of cash for transactions is putting a strain on the cash distribution...
Russians Turn their Backs on Cash, Study Shows – Good News for CBDC & Crypto Adoption?
13.12.2023
Source: hodim/Adobe More Russians are rejecting cash in favor of “non-cash” payments, a study has found – as crypto adoption increases and the nation prepares for a CBDC launch. Glavportal reported that “the share of non-cash turnover in Russia reached 64.2% in the third quarter of 2023,” per...
Canadians Support Cash Payments Over CBDCs: Report
30.11.2023
Source: Jason Hafso / Pexels Canadians are less enthusiastic about a Central Bank Digital Currency (CBDC) opting for traditional payment methods despite wider awareness, a new survey shows. The Digital Canadian Dollar Public Consultation Report published by the Bank of Canada highlighted...
Right to Pay With Cash Enshrined in Constitution of Slovakia Amid Digital Euro Fears
21.6.2023
A member of the eurozone is amending its constitution in order to guarantee citizens the right to cash payments. The move comes amid growing fears that a digital version of the common European currency may eventually become the only means of payment in the eurozone, despite currently being touted...
Central Bank of Argentina to Issue New 2,000 Peso Bill as Inflation Keeps Rising
7.2.2023
The Central Bank of Argentina has announced the issuance of a new 2,000 peso bill, aimed at easing the burden of using cash for payments in the country. The bill, which will have a value of a little more than $5 ‘blue’ dollars (the informal exchange rate), is already being criticized...
European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized
10.12.2022
The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to put a limit of €10,000 ($10,557) on cash payments and to exert stronger oversight on crypto transactions of over...
Colombia Plans to Launch Digital Currency to Reduce Tax Evasion
17.8.2022
The government of Colombia revealed it has plans to launch a digital currency. One of the purposes of this new currency would be to curb tax evasion and enhance the traceability of transactions made by citizens. The proposed measure would also be accompanied by restrictions on cash payments...
232 Wikipedia Users Force the Online Encyclopedia to Ditch Bitcoin, Ethereum, and BCH Donation Options
2.5.2022
The Wikimedia Foundation, the body that operates the user-created web-based encyclopedia Wikipedia, has announced that it will no longer accept crypto donations. ...
Read More: 232 Wikipedia Users Force the Online Encyclopedia to Ditch Bitcoin, Ethereum, and BCH Donation Options
Major American grocer Kroger to accept Bitcoin Cash
5.11.2021
The Bitcoin hard fork cryptocurrency will be accepted at over 2,000 grocery stores in the United States
Bitcoin Cash Payment Processor Evolves Adding URL Shortener, Paypal API Integration
5.7.2021
Prompt.cash, a bitcoin cash noncustodial payment processor, is adding a bunch of interesting functionalities. The payment processor now features a URL shortener that allows users to monetize content on any site on the net. Also, Prompt.cash added Paypal API integrations, making it easier...
Paypal Enables Cryptocurrency Payments at Millions of Stores With ‘Checkout With Crypto’ Launch
30.3.2021
Payments giant Paypal has launched the “Checkout With Crypto” service to allow consumers to make payments at millions of merchants using cryptocurrencies in their Paypal wallets. “This is the first time you can seamlessly use cryptocurrencies in the same way as a credit card or...
Developers Launch the First Hosted Noncustodial Payment Processor for Bitcoin Cash Payments
29.3.2021
Bitcoin Cash proponents have recently been introduced to a new noncustodial payment processor called Prompt.cash. The platform provides merchants with a simple way to accept peer-to-peer electronic cash payments and can also generate a new address per invoice. Prompt.cash: A Hosted Noncustodial...
Biden’s $2 Trillion Relief Package the Largest Stimulus Payments to-Date, Plan Showers Money on the Bureaucracy
8.3.2021
On Saturday, politicians in the U.S. approved the massive $1.9 trillion Covid-19 relief package dubbed President Biden’s “American Rescue Plan.” The stimulus plan will see American citizens earning $75k or less eligible to receive $1,400. Moreover, households will get...
Brewdog Tokyo Accepts Bitcoin Cash Payments: Local BCH Meetup Gathers to Celebrate
1.7.2020
On July 1, 2020, the popular eatery and bar in Japan, Brewdog Tokyo, started accepting bitcoin cash payments for products and services. The establishment is the third Brewdog bar to accept bitcoin cash, as the cryptocurrency is accepted at the London and Budapest locations as well. In order...
Bitcoin.com Is Giving BCH Users a Way to Send Crypto Via Email
26.6.2020
New service from Bitcoin.com lets users send Bitcoin Cash to anyone with an email — something Roger Ver believes this is no longer feasible with Bitcoin
Bitcoin Cash-Fueled Blogging Website Read.cash Raises Over $100K for Collective Initiative
25.6.2020
A few months ago news.Bitcoin.com reported on the web portal read.cash, a blogging website fueled by bitcoin cash that rewards users in crypto for producing content. Just recently, read.cash initiated a fund that aims to provide the blog’s regular users with more paid upvotes by raising funds...
A Number of Hong Kong Vending Machines Support Bitcoin Cash Payments Over BTC
4.6.2020
Just recently, cryptocurrency evangelist Roger Ver shared a video on Twitter that shows a number of vending machines in Hong Kong that accept bitcoin cash and ethereum, but not bitcoin. A bunch of people got upset at the Tweet, including the crypto-pundit Tone Vays because they couldn’t deal...
VideoCoin Adds Cash Payments and Rewards in Bid to Take On AWS
26.5.2020
Halsey Minor’s VideoCoin platform launches Wednesday with fiat payment rails that aim to move the project beyond the limited sphere of crypto
Lightning-Fast New Bitcoin.com Wallet Proves Popular With Over 10 Million Wallets Created
11.3.2020
The Bitcoin.com Wallet app has reached almost 10.5 million wallets created across several million app downloads. This milestone follows last month’s release of the new app, which most notably included a redesigned, user-friendly interface along with the lightning-fast Instant Pay feature...