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Bitcoin Dominance In Payments Drops Amid Dogecoin, Altcoins Surge - BitPay

27.4.2021
Major crypto payment processor BitPay has reported the share of bitcoin (BTC) in their payments was the lowest last week, as altcoins such as dogecoin (DOGE), have been gaining traction, according to Sonny Singh, the company’s Chief Commercial Officer (CCO). “BitPay processes over a billion dollars...

Nigerian hotel becomes country’s first to accept Bitcoin payments

26.4.2021
George Residence in Lagos has announced plans to start accepting BTC payments. The company has already converted 50% of its balance sheet to Bitcoin

Chinese online retail giant JD.com adopts digital yuan for salary payments

26.4.2021
Chinese e-commerce company JD.com has upped its support for the country’s central bank digital currency

2 Turkish Crypto Exchanges Investigated for Fraud After Central Bank Bans Cryptocurrency Use for Payments

25.4.2021
Two Turkish cryptocurrency exchanges are being investigated by the authorities in Turkey after they abruptly halted trading. The authorities have blocked access to the bank accounts of the second exchange and detained four people so far. Sixty-two people have been detained in connection with...

Tax Authority Seizes Cryptocurrencies Worth $25 Million From Hundreds of Crypto Investors in South Korea

24.4.2021
The tax department of the Seoul metropolitan government in South Korea has reportedly seized cryptocurrencies worth about $25 million from hundreds of crypto investors with delinquent taxes. The cryptocurrencies, including bitcoin, were seized from three exchanges. The tax authority is now going...

Two Major Hotels in Touristic Spanish City to Accept Crypto Payments in the Wake of Covid-19 Crisis

24.4.2021
Sevilla is becoming a crypto-friendly city in Spain at a fast pace, with two prominent local hotels announcing they will start accepting crypto payments. Hotel Bécquer and Hotel Kivir have joined the crypto adoption bandwagon by allowing customers to book rooms with digital assets. Hotels Will...

Gemini users can now buy Bitcoin with Apple Pay and Google Pay

23.4.2021
Gemini crypto exchange has integrated deposits via Apple Pay and Google Pay to simplify crypto purchases

Norway to start digital currency tests after four years of research

23.4.2021
The Norwegian central bank aims to find a preferred CBDC solution through new technical tests

Report: Banking Giant Natwest to Refuse Service to Businesses That Accept Cryptocurrencies

23.4.2021
The major retail and commercial financial institution National Westminster Bank (Natwest) has categorized cryptocurrencies as “high risk” and refuses to serve business customers who accept digital assets for payments. A Natwest board member, Morten Friis, explains the bank has...

Jackson, Tennessee follows Miami's lead to adopt Bitcoin operations

22.4.2021
Another city in the United States is looking to add Bitcoin payments and mining activities to the city’s balance sheet

Online Music Store Beatport to Start Accepting Bitcoin Payments, Launches Curated NFT

22.4.2021
A major American DJ-related online music store has joined the crypto adoption frenzy by accepting bitcoin payments. Beatport is the latest firm that adopts a crypto payment gateway after signed a partnership with crypto exchange Crypto.com. Bitcoin Payment Gateway Will Be Launched in June Per Music...

Another UK bank serves anti-crypto notice to customers

22.4.2021
U.K. commercial bank NatWest says it does not want to do business with clients and customers who deal in crypto

Man Offers to Buy 111 Tesla Model 3s if Elon Musk’s Company Accepts Bitcoin Cash for Payments

22.4.2021
On April 20, a video stemming from the Youtube channel called “1stmil.com” has the Bitcoin Cash community talking. The host of the channel sitting in a Tesla dealership parking lot explains in his recent video that if Elon Musk gets Tesla to accept bitcoin cash directly for cars,...

First Digital Trust announces $2.15M funding for Asian digital payments service

22.4.2021
The funding will be used to develop debit and credit card payment rails in Asia

What’s Preventing Crypto Payments from Entering the Mainstream?

20.4.2021
Pavel Matveev is the Co-founder and CEO of Wirex, a blockchain-based payments platform. _______ In the past few years, interest in crypto has increased dramatically as businesses and individuals begin to recognize the benefits that blockchain technology can offer. Meanwhile, with bitcoin (BTC)...