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China Introduces Digital Yuan Payments in Ningbo Subway, Guangzhou Buses

26.8.2022
Authorities in two Chinese cities are promoting the digital yuan as a payment method in the public transportation system. Commuters on the subway of Ningbo and those taking the bus in Guangzhou will be able to purchase their tickets using the state-issued digital currency. Residents and Visitors...

Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App

13.8.2022
Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its mobile app the option to exchange bitcoin and other digital currencies without a separate wallet....

Will Stablecoins Be Tethered to the Fed? Lawmakers Have Circled That Option

27.7.2022
Companies issuing stablecoins would have to deal with the Federal Reserve as the chief oversight agency in the current version of a bill being developed in the U.S. House of Representatives, say people familiar with the talks. This change would be novel for the Fed and for the nonbank crypto...

Russian Finance Ministry Rules Out Sale of Oil for Bitcoin

20.6.2022
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto...

Swiss Watchmaker TAG Heuer Now Accepts Cryptocurrency in US

23.5.2022
Luxury watch manufacturer TAG Heuer announced it’s introducing online cryptocurrency payments for customers in the United States. The Swiss company provides the new payment option through a partnership with crypto payment processor Bitpay. Tag Heuer Partners With Bitpay to Offer US Clients...

Moody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions

7.5.2022
Russia’s ability to employ cryptocurrencies to circumvent international sanctions is restricted by the limited size of the crypto market, according to Moody’s. Despite increased use in small transactions, low liquidity is another factor preventing Russians from exploiting the utility...

Spanish Cryptocurrency Exchange Bit2me Expands Operations to Brazil

3.5.2022
The Spanish cryptocurrency exchange Bit2me is taking interest in getting into the Latam market. The company has launched its operations in Brazil by introducing an office in the country that will deal with compliance issues to make the exchange a safe option for Brazilians. The exchange aims...

Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets

28.4.2022
The Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims to provide investors with an option to trade cryptocurrencies in a controlled environment. Russian Stock Exchanges to List...

Elon Musk Hints at Possible Dogecoin Payment Option on Twitter

26.4.2022
According to recent updates, Elon Musk has reached a definitive agreement with Twitter to buy the social media platform for $44 billion. It was revealed that Elon Musk owns at least a 9% share of Twitter. After reaching a definitive agreement with Twitter, Elon Musk has hinted at the possible...

Ripio Announces Expansion to Colombia in Next Months

14.4.2022
Ripio, an Argentinian cryptocurrency exchange, has announced concrete actions regarding its expansion to Colombia. The company will offer a new option for cryptocurrency users and traders in Colombia, and will also offer a financial education proposal that is yet to be revealed. This launch will...

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