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Croatian retail giant sees rise in crypto payments despite the bear market
1.8.2022
Croatia has been enjoying the growing cryptocurrency adoption despite the ongoing crypto winter, Konzum's director of business applications Ines Barbir said
Education in crypto payments will spark mass adoption, says Checkout.com exec
27.7.2022
Jess Houlgrave mentioned that traditional companies are hesitant to integrate crypto because of misinformation and regulatory concerns
Workers in volatile economies most likely to take pay in crypto: Report
22.7.2022
There has been an increase in employee crypto payments for the first half of this year despite the market crash, according to Deel
Crypto Payments Firm BCB Group Hires Deputy CEO to Expand Internationally
21.7.2022
The new deputy CEO Noah Sharp joins from Paysafe where he was employed as Chief Banking Officer
Here’s Why Russia Has Issued a New ‘Crypto Payments Ban’
18.7.2022
Vladimir Putin, the president of the aggressor state of Russia, has signed a new law that will ban the use of cryptoassets and other “digital assets” in the payments space – even though crypto pay is already illegal in the country.
The use of cryptocurrencies as a means of payment was prohibited...
Putin Signs Law Prohibiting Payments With Digital Assets in Russia
15.7.2022
President Vladimir Putin of Russia has signed into law a bill banning payments with digital financial assets. The legislation obliges exchange operators to refuse to process transactions facilitating the use of DFAs, a legal category currently covering cryptocurrencies, as “monetary...
Crypto payments gain ground thanks to centralized payment processors
15.7.2022
Mastercard, Visa, PayPal and several others have paved the way for crypto to be used as a tool of payment for buying daily needed goods
Bets.io
11.7.2022
Bets.io is not just a gambling platform that accepts cryptocurrency, but it is one of the best gambling sites on which deposits and withdrawals are made exclusively with digital coins. You are however benefited here, as the crypto payments are … Continued
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Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says
10.7.2022
Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to growing support for the legalization of international crypto payments in Russia amid financial...
Russia’s Finance Ministry Supports Circulation of Stablecoins in Country
9.7.2022
The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay the ground for a new financial system, the department is unsure if it will...
Russian State Duma Adopts Law Banning Payments With Digital Financial Assets
7.7.2022
The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transactions which make it possible to employ these assets as a means of payment. Russian Parliament...
85% of merchants see crypto payments as a way to reach new customers: Survey
6.7.2022
The crypto payment report noted that crypto payment fees are around 1%, which is much lower than other payment options that charge between 1.5% and 3.5%
Meta to Shutter Novi Crypto Payments Wallet in September, Ending Libra Saga
1.7.2022
Meta's crypto remittances project Novi emerged after the Libra stablecoin project rebranded
ECB exclusive: Crypto payments 'not currently cost effective,' Amex exec says
28.6.2022
The American Express executive said that their firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future
Russian Finance Ministry Rules Out Sale of Oil for Bitcoin
20.6.2022
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto...
Elon Musk Hints Twitter Will Integrate Crypto Payments if His Takeover Bid Is Successful
19.6.2022
Tesla CEO Elon Musk has suggested integrating crypto payments into Twitter. “My goal would be to maximize the usefulness of the service,” he told Twitter’s employees in his first all-hands meeting with them. Twitter’s First All-Hands Meeting With Elon Musk, Integrating...
Crypto Payments Possible if They Don’t Penetrate Russia’s Financial System, Central Bank Says
17.6.2022
Cryptocurrencies can be used for international payments if they don’t penetrate the Russian financial system, the head of Bank of Russia has stated. The governor also insisted that the digital assets should not be traded on platforms operating inside the country. Bank of Russia Chair Ready...
Musk Sees Logic for Twitter as a Crypto Payments Platform
16.6.2022
Elon Musk spoke during Twitter’s virtual all-hands meeting Thursday
Accepting Bitcoin for your business just like Tesla: Report
16.6.2022
Merchants that accept crypto rather than credit cards for payments can expect to save as much as 3.5% — or more
Bank of Russia backs cross-border crypto payments vs. domestic trade
16.6.2022
Cryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the Bank of Russia governor said