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Singapore to License Digital Payment Providers, Approves Crypto Exchange

8.8.2021
The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the approval of a crypto exchange for a license, secures Singapore’s status as Asia’s crypto...

Ukrainians to Trade and Spend Cryptocurrencies Legally, Digital Ministry Says

8.8.2021
Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly lower taxes for Ukrainians and create conditions for new services, a government official...

What form of digital assets will be the future of payments?

7.8.2021
Not all digital assets would be treated as sternly as cryptocurrencies and not all of them will become the future of money

New bill in Ukraine to allow payments in cryptocurrency, says official

6.8.2021
The deputy minister of Ukraine’s Ministry of Digital Transformation believes that crypto payments will be allowed in Ukraine similarly to payments deriving from the U.S. dollar

Ready to deploy? Amazon’s Bitcoin acceptance can prime a payments future

6.8.2021
Amazon denied reports it will accept BTC payments soon, but seemingly, it’s only a matter of time before the tech giants embrace the token economy

Cambodia explores cross-border transactions of CBDC-like Bakong

6.8.2021
Launched in late 2020, Cambodia’s digital money project Bakong reached 200,000 users in June, doubling from three months earlier

Xiaomi retailer in Portugal now accepts Bitcoin payments

6.8.2021
The official Portuguese shop of Chinese electronics giant Xiaomi has partnered with Utrust to unlock payments in five cryptocurrencies

Samsung ‘Will Join Kakao’ to Trial Offline Payments for S Korea’s CBDC

6.8.2021
Source: Adobe/S_E Two Samsung affiliates are reportedly set to join a number of Kakao subsidiaries in piloting the Bank of Korea (BOK)’s central bank digital currency (CBDC) prototype – with reports claiming the electronics giant will test offline payments made using its Galaxy smartphones. Per...

Uruguay: Senator introduces bill to enable use of crypto for payments

5.8.2021
A Uruguayan Senator has introduced a bill seeking to “establish a legitimate, legal and safe use in businesses related to the production and commercialization of virtual currencies.”

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...

Circle and Unstoppable Domains to introduce username-based USDC payments

4.8.2021
USD Coin holders will soon be able to transfer the stablecoin via human-readable addresses across supported wallets and crypto exchanges

New Spanish bill aims to enable mortgage payments in crypto

4.8.2021
The draft bill intends to allow property owners to pay mortgages with crypto and authorize the real estate sector to use their own crypto for mortgage purchases in Spain

Binance to bring Bitcoin payments to Shopify via new partnership

4.8.2021
Binance Pay users will be able to pay across merchants of Alchemy Pay’s partners, including e-commerce giant Shopify and software technology firm Arcadier

Payments Giant NCR Acquiring Libertyx to Offer Complete Crypto Solution

4.8.2021
NCR Corp., a global leader in ATM software applications, has announced that it is acquiring Libertyx, the crypto company that claims to be “America’s first and largest network of bitcoin ATMs, cashiers, and kiosks.” NCR Acquires Libertyx NCR Corp. (NYSE: NCR), a leading enterprise...

Bitcoin and Submarine Sandwiches: Quiznos Restaurant to Pilot Payments via the Bakkt App

3.8.2021
On Tuesday, Bakkt Holdings revealed a partnership between the national quick-service restaurant (QSR) Quiznos. The company Quiznos is a brand based in Denver, Colorado, and the restaurants specialize in offering submarine sandwiches. According to the announcement, Bakkt and a Quiznos location...

HSBC Becomes Latest Bank to Suspend Payments to Crypto Exchange Binance in UK

3.8.2021
HSBC has reportedly become the latest British bank to announce that it has suspended payments to cryptocurrency exchange Binance. Citing a consumer warning by the country’s financial regulator, the Financial Conduct Authority (FCA), the bank told its customers: “We’ve made this...