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Russian Lawmakers Move to Allow Crypto Payments Under Contracts

24.5.2021
Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. State Duma to Amend...

Bank of Russia to Launch Digital Ruble Prototype by End of Year

21.5.2021
The Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official has confirmed. Transfers between private individuals will be free of charge with the digital ruble, which is going to have legal tender status on...

Blockfi Messes up Promo Payments: Transfers up to 700 Bitcoin Mistakenly

20.5.2021
Blockfi, a cryptocurrency lending platform, wrongly distributed a set of payments to a group of customers, who found deposits of up to 700 BTC in their accounts. While most weren’t able to withdraw these funds, in the confusion, other customers that applied for withdrawals are now being...

Elon Musk Invented Bitcoin, if You Ask Half of Australians Polled by Finder

20.5.2021
Australians have been learning more and more about cryptocurrencies but it turns out some myths and misconceptions are still widespread among the general public Down Under. As a most stunning example, over half of the participants in a new poll by Finder believe Elon Musk invented the first crypto...

Mecum Auctions Now Accepts Digital Currency Payments for Collector Cars

18.5.2021
The popular collector car auction company Mecum Auctions has announced the company is now accepting crypto assets for payments. The company says that the new payment acceptance allows the auction firm to “attract new customers and sales.” Collector Car Auctions Giant Plans to Start...

Revuto Raises 1.7M USD to Deliver Subscription Payments on Cardano

18.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Image May 18, 2021 – Blockchain startup Revuto has concluded a 1.7 million USD private round to support its development of a crypto subscription payment...

Global Payments and GoCrypto Shape the New Era of Payments

17.5.2021
PRESS RELEASE. 17 May 2021 – The adoption of crypto payments by one of the world’s biggest payment solution providers can mean only one thing. Cryptocurrency payments are now on the verge of going mainstream. GoCrypto, a payment solution that enables merchants to accept...

Elon Musk Discloses ‘Tesla Has Not Sold Any Bitcoin’

17.5.2021
Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric car company “has not sold any bitcoin.” The Technoking of Tesla got into a heated debate with the bitcoin community Sunday after he announced that Tesla has suspended...

Major Music Festival Exit Takes Bitcoin for Tickets

16.5.2021
A popular international music festival, Exit, is now accepting cryptocurrency for tickets, products, and services. This year’s 20th-anniversary edition of the European event will be held in early summer and the festival’s online store already offers discounts for impatient music fans...

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...

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