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Russian tax authority proposes using crypto as a foreign trade payment tool
20.4.2022
The Ministry of Finance “partially supported” the proposition, adding that it needs further consideration
More Big-hitting South Korean Non-crypto Firms Eyeing Token Launches
20.4.2022
Yet more big-hitting South Korean companies from outside the crypto sector are beginning to branch out into crypto-related business – with the e-commerce giant TMon and the KOSDAQ-listed hotel chain Ananti making moves on the token issuance front....
Read More: More Big-hitting South Korean...
Robinhood acquires British crypto firm Ziglu to push expansion plans
19.4.2022
Robinhood has renewed its global expansion plans by acquiring the British crypto firm Ziglu after aborting its U.K. expansion back in 2020
Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing
19.4.2022
The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no intention to delay the trials despite not all invited banks being ready to participate yet. Bank of Russia...
Bitcoin Lightning Network Payments Jump Over 400%, 80M Users Have Access to Lightning
18.4.2022
As the usage of the Bitcoin (BTC) Lightning Network is growing rapidly, now more than 80m users are estimated to have access to this network, compared with 100,000 users last summer, a new report from Arcane Research has found.
The main driver of growth for the Lightning Network this year...
No Truth in Reports that Russia’s Finance Ministry Wants Crypto to Become ‘Legal Tender’
18.4.2022
Reports stating that the Russian Ministry of Finance now “recommends using cryptocurrencies as legal tender” appear to be very wide of the mark.
A number of crypto-related media outlets have made the claim that the ministry has pushed for a move that would put tokens on the same footing as...
Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments
18.4.2022
Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The draft law, proposed by the Russian finance ministry, also introduces strict...
Bitcoin average transaction fees lowest in two years at $1.04
18.4.2022
The average BTC transaction fee saw a steady decline from an all-time high of $62.788 in April 2021 before coming down
Crypto is going mainstream: Here’s how the future founders will build on it
17.4.2022
Crypto is going mainstream, and crypto adoption will likely continue to increase in the years to come. But, in which specific areas?
Three African Countries Plan to Adopt Cryptocurrency and Blockchain Solutions
16.4.2022
Three African countries — namely Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo — are reportedly planning to adopt cryptocurrency and blockchain solutions powered by The Open Network (TON). Separately, Cameroon is considering issuing a national stablecoin...
New Tencent Digital Yuan Wallet Preparing to Launch
16.4.2022
First images have emerged of specialized digital yuan wallets provided by the Tencent-run e-pay platform WeChat Pay.
Although the wallets are still in what appears to be beta testing and are not yet fully functional, some media outlets – such as Sina – appear to have been able to open wallets...
Amazon CEO: Crypto Will Become Bigger, NFTs Will Grow ‘Very Significantly’
15.4.2022
The CEO of e-commerce giant Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will “become bigger” and NFTs will continue to “grow very significantly.” CEO on Amazon Accepting Crypto Payments and Selling NFTs Amazon CEO Andy...
Quantum computing firm simulates adoption of crypto payments
14.4.2022
“We wanted to test the power of quantum computing on a research case that is hard to solve using classical computing techniques,” said Maryam Haghighi
Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa
14.4.2022
Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s ability to trade internationally, the head of the board has urged...
Russia should use crypto for payments with Africa, commerce exec says
14.4.2022
Russia should deploy cryptocurrencies and CBDCs for settlement and payments with Africa, the president of the Chamber of Commerce and Industry believes
Gemini crypto exchange launches credit card in United States
14.4.2022
Users can get their cashback reward in over 60 different cryptocurrencies supported by Gemini
Top Latin America delivery app to accept crypto
14.4.2022
The company has partnered with Bitso and Bitpay to allow its users to pay for orders with Bitcoin and other cryptocurrencies
Indian Crypto Exchanges Disable UPI, Other Payment Options
14.4.2022
A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the usage of the UPI system by crypto exchanges....
Mastercard Files 15 Trademark Applications for a Wide Range of Metaverse, NFT Services
14.4.2022
Mastercard has filed 15 trademark applications covering a wide range of services relating to the metaverse and non-fungible tokens (NFTs). “We are continually looking for opportunities to deliver new and unique experiences to our customers and cardholders,” Mastercard said....
Dozens of VIP backers invest $87M into crypto payment startup MoonPay
13.4.2022
Ashton Kutcher, Gwyneth Paltrow, Justin Bieber and Snoop Dogg are among MoonPay's strategic investors that have brought the company's valuation to $3.4 billion