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Leading Bitcoin Payments Processor Bitpay Joins Crypto Patent Alliance COPA
18.4.2021
The world’s largest provider of cryptocurrency payment services, Bitpay has announced the company is joining the Square-founded crypto patent effort the Crypto Open Patent Alliance (COPA). Bitpay has been working with blockchain products since 2011 and the firm will share open-source projects...
Kenyan Fintech Startup to Use Stablecoins to Transfer Universal Basic Income Payments to African Refugees
17.4.2021
Kotani Pay, a Kenya based digital currency on and off-ramp service provider, has entered into an agreement wherein it will enable the transfer of universal basic income (UBI) payments to African refugees. Working in conjunction with the Refugee Integration Organisation (RIO) and Impact Market,...
Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon
17.4.2021
Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as...
Federal Reserve Chairman Jerome Powell Says Cryptocurrencies Are ‘Vehicles for Speculation’
16.4.2021
The Federal Reserve chairman believes that cryptocurrencies are “really vehicles for speculation” and “No one is using them for payments.” He then compared crypto to gold. His comments about cryptocurrency followed Coinbase’s direct listing on Nasdaq. Fed Chair Powell...
Turkey Bans Cryptocurrency Use for Payments as Local Currency Plunges
16.4.2021
The Central bank of the Republic of Turkey has issued a cryptocurrency regulation prohibiting the use of cryptocurrencies for payments of goods and services. From the end of this month, crypto assets cannot be used directly or indirectly as a means of payment in the country and no service can...
Visa, JPMorgan and ING discuss Bitcoin, Ether and stablecoin development
16.4.2021
Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate” event sheds light on Bitcoin’s role as an investment tool, along with the future of stablecoins
Turkey to ban cryptocurrency payments
16.4.2021
Turkey's central bank is also banning payment providers from offering fiat-to-crypto onramps for cryptocurrency exchanges
Turkey Bans Crypto Payments
16.4.2021
Turkey’s central bank banned the use of cryptoassets in payments as they entailed significant risks due to volatile market values, irrevocable transactions and are used in illegal actions, Reuters reported.
Also, the bank said that these assets were “neither subject to any regulation...
Insurance Giant AXA Allows Swiss Clients to Pay for Services With Bitcoin
15.4.2021
The French multinational insurance firm AXA is now allowing clients in Switzerland to pay for services in bitcoin. The newly added support is part of the company’s “digital future” and stems from customer demand for crypto payments. AXA Supports Bitcoin Payments In Switzerland...
Miami commissioner wants to let residents pay taxes in Bitcoin
15.4.2021
A new resolution would establish a task force to study crypto in Miami-Dade county's public administration
200-Year-Old American Wine Shop Now Accepts Cryptocurrencies
15.4.2021
Nearly every day now a new company is announcing the acceptance of cryptocurrencies in some form or another. Now one of the world’s largest fine wine auction houses and America’s oldest wine shop Acker has revealed digital currency acceptance to pay for auction payments and retail wine...
US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week
15.4.2021
U.S. politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan. At the end of last week, White House press secretary Jen Psaki explained that Biden would meet with bipartisan members of Congress on Monday in order to push...
European Central Bank releases results of digital euro consultation
14.4.2021
Privacy concerns regarding the digital euro abound as the European Central bank test the waters for a central bank digital currency
Revealed: Top 4 user complaints about Signal's new crypto payments beta
14.4.2021
Signal has published user feedback from its beta integration with Mobilecoin, which saw users complain about the volatility and transaction fees related to MOB
Romanian university plans to accept crypto payments for admission fees
11.4.2021
The academic institution with a student body of roughly 11,000 said the addition of crypto payments was part of a plan to support local businesses like Elrond
Leading Mortgage Brokerage Ready to Accept Crypto Payments
9.4.2021
Canada’s leading mortgage brokerage company Matrix Mortgage Global has announced that it will accept payments in the form of cryptocurrencies in its latest press release on April 8. Clients can now pay for goods and services along with the Mortgage Agent Registration fee via BitPay. Matrix Mortgage...
Citi and IADB complete cross-border payment pilot with blockchain tech
8.4.2021
IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network
Shopping.io Facilitates $EGLD Payments in Online Shops
7.4.2021
Shopping.io, a crypto payments platform, has integrated with online retail giants like eBay, Walmart, and Amazon to currently facilitate $EGLD payments on its platform for US consumers. The new crypto shopping experience is all set to go live from April 8th, 2021. Shopping.io owner, Arbel Arif...
Sweden’s central bank completes first phase of digital currency pilot
7.4.2021
The Riksbank said that CBDC technology still requires further investigation
Encrypted messaging app Signal enables private payments using MobileCoin
7.4.2021
High-speed privacy payments using MOB available to UK users only