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Mercadolibre to Allow Users to Invest in Cryptocurrencies From Its Platform
25.11.2021
Mercadolibre, one of the biggest online retailers in Latin America, has started rolling cryptocurrency trading services to a selection of their customers and plans to expand this test in the coming weeks. Mercadopago, the payments service native to the platform, will allow these customers...
Crypto poses no big risk to economy so far, Bank of Canada official says
25.11.2021
Canada is one of the first countries to approve a Bitcoin ETF and is the fourth-largest nation in terms of hash rate
Palau partners with Ripple on climate friendly national digital currency
24.11.2021
The partnership will help Palau be climate-friendly while enhancing its cross-border payments and digital currency technologies
Regal to partner with Flexa to enable digital currency payments in theatres
23.11.2021
Customers will be able to purchase movie tickets and concessions with crypto at over 500 Regal cinemas
Eurosystem Approves New Oversight Framework Concerning Crypto Services
23.11.2021
The monetary authority of the euro area, the Eurosystem, has introduced a new framework for overseeing electronic payments, including services related to crypto assets. The new set of rules will complement upcoming EU regulations for cryptocurrencies and stablecoins. ECB Aims for Secure...
Moonpay Raises $555 Million in First Funding Round
23.11.2021
Moonpay, a cryptocurrency payments service provider, has raised $555 million during its first funding round. Led by Tiger Global Management, this series A funding round propelled the valuation of the company to $3.4 billion, which will be used for expansion endeavors. The fiat-to-crypto ramp that...
Rams player Odell Beckham Jr. will accept NFL salary in Bitcoin
22.11.2021
Reports suggest the Los Angeles Rams player’s total salary for the 2021 season would be worth roughly 75.66 BTC at an average price of $56,103
Kenya Central Bank Governor on CBDC: It’s About Getting It Right Rather Than Being First
22.11.2021
The Central Bank of Kenya (CBK) governor, Patrick Njoroge, has said his institution is currently exploring the use of central bank digital currencies (CBDC) to settle cross-border payments. Njoroge however insists the bank’s priority is getting it right rather than being the first....
Central Bank of Peru Will Develop a Digital Currency
22.11.2021
The Central Reserve Bank of Peru, the Peruvian central bank, is planning to develop a central bank digital currency (CBDC) like other economies of the world. The announcement was made by its president, Julio Velarde, who stated that the currency would be designed for use primarily in payments....
Bitpanda New Partner Lydia's 5.5M Users Will be Able to Invest in Crypto
22.11.2021
Major French mobile financial services app Lydia is slated to offer its 5.5m users exposure to a wide range of crypto assets after a partnership with the Austrian crypto exchange Bitpanda.
As part of the deal, Lydia will integrate Bitpanda’s digital asset investment product, dubbed 'White Label...
Bitcoin Black Friday: Bitpay Reveals List of Merchants Offering Discounts and Special Promotions
21.11.2021
While cryptocurrencies have seen their values rise significantly during the last three months many digital asset holders will be spending their tokens for holiday gifts and Black Friday deals. Bitcoin Black Friday will be on November 26 this year and the crypto payments firm Bitpay has announced...
Russians to Pay Fees on Digital Ruble Transactions, Central Bank Says
21.11.2021
Users of Russia’s central bank digital currency are going to pay a fee for each transaction, a high-ranking representative of Bank of Russia has recently announced. The digital ruble charge, however, is not going to exceed those currently applied to fast payments in the country. Bank...
Opposed to Bitcoin Payments, Bank of Russia Says State Should Not Stimulate Spread of Cryptocurrencies
20.11.2021
Cryptocurrencies are anonymous and the government shouldn’t encourage their spread, the head of Bank of Russia has insisted. The regulator remains firmly opposed to the legalization of bitcoin and the like as a means of payment in the Russian Federation. Bank of Russia Reiterates Negative...
Bitcoin as Legal Tender: a Look at the Pros, Cons, and Future Trends
19.11.2021
Greg Waisman, co-founder and COO of the global payment network Mercuryo.
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Since the inception of Bitcoin (BTC) back in 2009, there has always been buzz around the topic of adopting the cryptocurrency as a nation's official legal tender....
Read More: Bitcoin as Legal Tender: a Look...
US City Installs Crypto ATM at Airport After Accepting Cryptocurrency for Payments
19.11.2021
The U.S. city of Williston in North Dakota is installing a cryptocurrency ATM at its international airport. “This marks the first government-hosted cryptocurrency kiosk,” the city said. Williston also accepts cryptocurrencies for payments of utility bills. ‘The First...
Major Australian Baseball League Team Perth Heat to Pay Players in Bitcoin and Hold BTC on Balance Sheet
19.11.2021
One of the most successful baseball teams in Australia, the Perth Heat, is adopting the bitcoin standard. The team will pay players and staff in bitcoin, accept the cryptocurrency for payments, and hold bitcoin on its balance sheet. The Perth Heat Will Operate on Bitcoin Standard The Perth Heat,...
World’s Largest Collector Car Auction House RM Sotheby’s to Accept Cryptocurrencies
18.11.2021
On Wednesday, the world’s largest collector car auction house by total sales, RM Sotheby’s, announced the company will be accepting cryptocurrency payments via Bitpay. The firm’s upcoming Guikas Collection sale on November 19 will be RM Sotheby’s first auction to accept...
US city sets up Bitcoin ATM in airport after crypto payment adoption
18.11.2021
The City of Williston expects to boost crypto payment volumes by installing a state-hosted crypto kiosk in the airport
Bitso and Circle work on crypto payments between Mexico and US
18.11.2021
Bitso is also known as the core crypto service provider for El Salvador’s official Bitcoin wallet, launched in September
India To Define Crypto As Asset, Ban Payments, and Ads - Report
17.11.2021
Amid a rising number of signs indicating that India’s government could adopt a more nuanced approach to cryptoassets, another report claims that the authorities are finalizing work on legislation that could pave the way for regulation of cryptoasset trading - while banning crypto’s use in payments...